In recent years, countries around the world have set ambitious environmental goals. For some, these goals pose challenges that are not easily overcome, while others face failure. However, Hungary stands out as...

In an effort to improve electric vehicle infrastructure, Hungary’s Ministry of Energy is launching a new program in early November focused on setting up charging stations in parts of the country where...

For years, Hungary has ranked among the leading countries in Europe when it comes to the direct use of geothermal energy, with plans for significant expansion by 2030. Moreover, according to the...

Deputy Prime Minister and Minister of Mining and Energy Zorana Mihajlovic and Hungarian Minister of Technology and Industry László Palkovics signed a Memorandum of understanding in the field of renewable hydrogen between...

The Ministry for Innovation and Technology of Hungary through its development agency of the Western Balkans Green Center (WBGC) and the Vienna-based Energy Community Secretariat joined efforts to help the Western Balkans...

There are a lot of things Hungary has been doing in recent years that not only countries in the region but in the whole Europe can take as an example. Although there...

Hungary could save 16 percent of its total energy consumption by retrofitting all existing residential and public buildings, a study commissioned by the European Bank for Reconstruction and Development (EBRD) and financed...

The European Bank for Reconstruction and Development (EBRD) is lending up to 50 million euros to Tenevo Solar Technologies EAD to build and operate a fully merchant solar photo-voltaic plant in southeastern...

The European Union's automotive market saw a modest but encouraging growth of 1.1 percent in new car sales in October 2024, according to data from the European Automobile Manufacturers' Association (ACEA). As reported...

For over two decades, ProCredit Bank has been working diligently to reduce its direct and indirect impact on the environment. Their commitment to achieving zero carbon emissions is reflected in their investments...

According to progress in implementing recommendations from the White Book by the Foreign Investors Council, the energy sector has emerged as the leading sector. Out of a total of eight recommendations for...

In the second quarter of 2024, the EU economy greenhouse gas emissions were estimated at 790 million tonnes of CO2-equivalents (CO2-eq), a 2.6 percent decrease compared with the same quarter of 2023...

Regional conflicts and geopolitical strains are highlighting significant fragilities in today’s global energy system, making clear the need for stronger policies and greater investments to accelerate and expand the transition to cleaner...

The Memorandum of Understanding on cooperation in the field of green energy between the Ministry of Mining and Energy of Serbia and the Ministry of Energy of Azerbaijan was signed during a...

In mid-March of this year, MOL Group updated its long-term strategy SHAPE TOMORROW, according to which the company aims to make the region greener, more self-sustainable and more competitive. MOL Group ensures...

Extreme heat hit hundreds of millions of people throughout July, with a domino effect felt right across society. July was one of the hottest - if not the hottest - month on...