Ganz Transformer and Electrical Rotating Machinery Manufacturing Ltd. has completed the construction of a solar power plant and a hybrid energy storage system at its production site in Tápiószele, Hungary.
Hungary's solar energy production soared to unprecedented level setting a new national record and underscoring the country's accelerating transition toward renewable energy sources.
Photon Energy has expanded its solar portfolio in Hungary by commissioning three new solar parks operating under a merchant model.
Photon Energy N.V. has signed a contract with Greenvolt Power and part of Greenvolt Group, to provide asset management for the Client's Királyegyháza solar PV power plant.
Photon Energy N.V. announced that its Hungarian subsidiary Photon Energy Operations HU Kft has signed an asset management agreement for two PV power plants.
Hungary has risen to the top of Europe's solar energy leaderboard, surpassing Greece, with solar power now contributing an impressive 25% of the country's domestic electricity generation in 2024.
Axpo has signed its first electricity purchase agreements in Hungary. Together the deals cover approximately 60 megawatts (MW) of green energy under pay-as-produced power purchase agreements (PPAs).
MOL has expanded its renewable energy capabilities by acquiring Naperőmű Farm, a company behind the development of a 66 MW solar power plant in Ballószög, Hungary.
The Ministry of Energy has announced a significant expansion in Hungary's solar power capacity.
CATL announced that its battery plant in Debrecen, Hungary, will begin production in 2025 as scheduled.
Photon Energy's Hungarian subsidiary has completed and commissioned a 658 kW solar power plant for Clarion Hungary, a subsidiary of Forvia.
MET Group inaugurated its second solar power plant in the Eastern Hungarian town of Kaba.
Greenhouse gas emissions in Hungary's energy sector are on a downward trend as the share of electricity generated by fossil fuels drops and that of renewables and nuclear power grows.
OMV will start building a network of 28 ultra-fast electric car charging stations on the country's high-traffic routes by the end of the year.
CATL aims to build a comprehensive battery production value chain that meets sustainability criteria in all respects.
Gebrüder Weiss is doubling its electric road fleet.
Munch has prevented over 1 million packages of food from going to waste since its establishment in 2020, Munch Europe Szolgáltató told MTI.
Wing has published its second ESG report, providing information about its environmental, social, and governance efforts, as well as its goals, the measures it has taken and the results it has achieved in 2022. The report has been prepared in accordance with the company's first comprehensive ESG strategy, which will be finalised soon.
LG Magna e-Powertrain, a joint venture between LG Electronics and Magna formed in 2021, announced that it is expanding its footprint with a new facility in Miskolc, Hungary, according to the Budapest Business Journal.
The European Commission has approved a €2.36 billion (approximately HUF 880 billion) Hungarian scheme for accelerated investments in strategic sectors to foster the transition towards a net-zero economy.
Global renewable energy capacity grew by a record-breaking 15.1% in 2024 to reach 4,448 gigawatts (GW).
Energa expands its installed renewable energy capacity by 43% in 2024, marking a pivotal shift in its energy portfolio.
AQUILA, a leading distributor in Romania's fast-moving consumer goods (FMCG) sector with over 30 years of experience, announced significant progress in 2024 under its 2022–2026 Sustainability Strategy.
The European Commission has approved a €400 million Spanish State aid scheme to support the production of renewable hydrogen through the European Hydrogen Bank's "Auctions-as-a-Service" tool for the auction closing in 2025.
The European Commission has adopted the 2025-2030 work plan for the Ecodesign for Sustainable Products Regulation (ESPR) and the Energy Labelling Regulation.
