Hungary and Cyprus sign gas supply agreement
Hungarian government officials signed an agreement with their Cyprus counterparts regarding natural gas supply. With this move Hungary is...
Hungary to get first geothermal plant
Turawell Kft, an Islandic-Chinese-Hungarian joint venture company (with Singapore based KS Orka as the majority holder) signed an...
MVM starts construction on 20.6 MW solar in Paks
State-owned Hungarian utility MVM started construction on the 20.6 MW solar farm at Paks estimated at €28 million. MVM Hungarowind is the...
Hungarian utilities announcing ambitious plans regarding solar
Hungarian utility MVM started construction on the €28 million solar farm at Felsőzsolca, aimed to become the largest in the country. MVM...
General Electric to deliver turbines for NPP Paks
General Electric is to supply turbines for two new reactors in the Hungarian nuclear power plant Paks having beaten Russian based Silovye...
MVM announces ambitious solar investment plan
Shortly after announcing the planned start of construction on the Paks II nuclear power plant, Hungarian based Magyar Villamos Muvek...
Paks II construction to start at the beginning of 2018
Construction of the Paks II nuclear power plant is poised to commence at the beginning of 2018. Russian based Rosatom will be the EPC...
Hungarian state-owned ENKSZ expanding its portfolio
Nemzeti Közművek (ENKSZ, First National Public Utility Ltd.), a Hungarian state-owned energy company, acquired a gas utility Főgáz. The...
Hungary aims to further improve ties with Russia
Hungary is looking to get involved in Nord Stream 2 or South Stream pipeline project with Russia. In addition, Tass reported the two...
