Hungary has the largest geothermal power generation potential in the EU.
The programme supports energy efficiency investments by rural companies by providing interest-free loans of between HUF 10 million and HUF 500 million. The tender will be launched in early February with a total budget of HUF 38.7 billion.
Due to the expansion of solar energy and heat pump installations, strengthening energy storage is of paramount importance. The new source encourages business development.
More than 70 hospitals and 20 ambulance stations could benefit from EU support for energy modernisation.
From October, HUF 40 billion in funding has been announced under the Yedlik Ányos Energy Programme for the production of biogas and biomethane.
Supported areas include non-chemical based high-efficiency energy storage, geothermal wells and environmentally friendly waste recycling.
The Yedlik Ányos energy programme would also support domestic biogas and biomethane production, as well as geothermal projects.
