Solar financing, funds and support in Hungary

Hungarian solar market is miniscule, total of installed PV is around 1.6MWp (as of Q2 2011). The main reason behind the slow market expansion is the low feed-in tariff levels: there is a mandatory buy-back of the solar electricity, but feed-in tariff is only 10 eurocents - same as the average price for 1 kWh electricity in Hungary.

However there are several EU and Hungarian government direct and non-refundable funds available to support PV installations:
- for private households usually 30% of the total system cost can be refunded
- for companies, organizations and local governments 40-70% can be refunded

As direct funds and direct subsidies are the main driving force behind the expansion of the PV market in Hungary, we focus on these funds and we have a very thorough knowledge of the available instruments.

We are happy to share all relevant information with our clients about available funds, and we can offer direct and practical support at the application process.

More details on the Hungarian solar subsidy and legal regulations > (new window)

If you have any questions about funds, financing, feed in tariff and support of PV in Hungary, you may find our contacts here.

 

 


Hungarian PV News

- New funding for PV and other renewable energies for Hungarian companies and municipalities available from March

- EU-funds to support solar and energy savings are expected in the summer of 2011 for private persons

updated: Mar 31, 2011