Hungary Renewable Energy Tenders

Hungary's renewable energy market is experiencing steady growth, with renewables accounting for over 13% of the country's total energy consumption in 2022. This is expected to reach 30% by 2030, driven by government initiatives, declining costs of renewable energy technologies, and growing consumer demand for clean energy. Hungary's abundant solar and biomass resources, coupled with its favorable geographical location, make it an attractive destination for renewable energy investment.

The Hungarian government is committed to promoting renewable energy development and has set a target of increasing the share of renewables in the country's energy mix to 40% by 2030. The government is supporting the sector through various procurement measures, including:
The Renewable Energy Support Scheme (HRES), which provides subsidies for renewable energy projects
The Renewable Energy Auction (HREA), which allocates renewable energy support without subsidies
The Renewable Energy Portfolio Standard (RPS), which mandates that electricity suppliers source a certain percentage of their electricity from renewable sources

The Hungarian government procures a wide range of renewable energy products and services, including:
Solar photovoltaic (PV) panels: Hungary has been actively promoting solar energy, with over 3.5 gigawatts (GW) of installed PV capacity.
Biomass energy: Biomass energy, particularly from wood and agricultural waste, plays a significant role in Hungary's renewable energy mix, accounting for around 60% of the country's total renewable energy consumption.
Geothermal energy: Geothermal energy is gaining traction in Hungary, with several projects under development.

The top authorities overseeing renewable energy procurement in Hungary are:
The Ministry of Innovation and Technology (ITM)
The Hungarian Energy and Public Utility Regulatory Authority (Magyar Energetikai és Közműszolgáltató Hatóság, MEKH)
The Hungarian Renewable Energy Association (Magyar Energiai Iparági Egyesülés, MEIE)

Major companies that have secured significant renewable energy procurement contracts in Hungary include:
MET Group: MET Group is a Hungarian energy company with a diversified portfolio of renewable energy assets, including solar, wind, and biomass.
Pannon Solar: Pannon Solar is a Hungarian solar energy developer with a focus on large-scale PV projects.
WESCO Hungary: WESCO Hungary is a subsidiary of the American company WESCO International, specializing in energy efficiency and renewable energy solutions.

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