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Hungary aims to become a leader in green energy storage, Energy Affairs Minister Csaba Lantos said at a conference in Budakalasz, on the outskirts of the capital, on Tuesday, according to a report by state news wire MTI.
Hungarian oil and gas company MOL inaugurated a EUR 22 million green hydrogen plant at its refinery in Százhalombatta, on the outskirts of the capital, on Thursday, according to a report by state news wire MTI.
With solar parks and the Paks nuclear power plant, Hungary can export electricity in the near future instead of the current dependence on imports.
The Minister of Energy spoke optimistically about the possibility of the six nuclear power plant units operating side by side for at least 20 years.
Hungary's largest solar energy project is underway, in collaboration with Huawei. The contract was signed in February, with MAVIR Ltd. as the investor.