Reliable partners in photovoltaic industry
From March 29th to April 2nd, the 2023 Hungarian International Renewable Energy Exhibition (Reneo) will be held in Budapest. At that time, HDsolar will present a new generation of photovoltaic tracking system products and distributed solar solutions. HDsolar sincerely invites you to visit and communicate at Hall D-204P booth.
Thanks to the government's strong subsidies, photovoltaic power generation in Hungary has developed rapidly in recent years. By the end of 2022, Hungary's photovoltaic installed capacity has exceeded 4,000 MW. Two-thirds of this installed capacity is distributed in industrial and commercial facilities, and another third in private residential facilities.
To connect new electricity capacity to the national system, the Hungarian government has provided HUF 163 billion (approximately EUR 428 million) to support grid expansion investments by distributors and high-voltage grid operators. These power sector modernization projects have also received funding from the European Union. In order to advance the progress of the project as soon as possible, the initial funds will come from the Hungarian state budget. The Hungarian Ministry of Energy believes that by 2030, the country will achieve a total solar power generation target of 6,000 megawatts, and it is even possible to complete the above target in a shorter time.