Siemens Energy Boosts Hungary''s Grid with New
Siemens Energy unveils a major expansion in Budapest, including a 1.5MW solar park, new factory, and training center to
Hungary's largest solar energy project is underway, in collaboration with Huawei. The contract was signed in February, with MAVIR Ltd. as the investor.
The study highlights Hungary's efforts to scale solar energy, aiming for 20% renewable energy by 2030 and 1,500 MW of solar capacity in Budapest. It addresses barriers like complex regulations, heritage protections, and inconsistent district guidelines, proposing streamlined processes and clearer legal frameworks.
On sunny days, solar energy alone can meet the country's basic electricity needs, with average consumption ranging from 5,500 to 6,500 MW, Csaba Lantos stated during the inauguration of MVM Next Energiakereskedelmi's customer service office in Kalocsa, located in central-southern Hungary.
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