Eco Green Energy is excited to welcome a new distributor in Hungary who joined the EGE Global Partners team – Power Charge.
Power Charge is a subsidiary of EPS Connect Group. A leading IT and smart building company in Hungary. They deliver all kinds of products, like access control machines, cameras, cablings, etc. Realizing the positive impact of solar energy and its opportunities, they created Power Charge to get into the energy market. They deliver solar solutions, storage solutions, and EV charge solutions. They aim to distribute intelligent, economic, and sustainable energy storage systems for homes and businesses. Their extensive product range makes it easier for them to adapt their offer to every client.
The benefits that Power Charge provide to their clients:
- Energy saving
- Energy independence
- Simple installation
- Compatibility
- Safety
- Hungarian warranty and support
We are delighted to start this collaboration with Power Charge to deliver Eco Green Energy high-performance PV modules and solar solutions to the Hungarian market.
Overview of Hungary’s Electricity
Hungary currently covers 77% of its annual consumption needs with inland production. 38% comes from fossil fuels, 50% from nuclear, and 12% from renewable energy.
source: www.iea.org
Hungary is on the path to net zero by 2050, thanks to the adoption of laws that made net-zero an obligation. All their energy decisions are guided by the National Clean Development Strategy 2020-2050. This plan states the main directions that future decisions will need to have, it includes:
- Various supports for residential
- Massive investments in energy efficiency and breakthrough technologies
- Electrification of the transport sector
- Improvement of agriculture efficiency
- Training of new workforce for the development of new energy sources
Solar Energy Development in Hungary
Solar energy in Hungary is strongly developing. Total solar power capacity rose to 2852 MW in 2021. The share of solar energy in electricity generation will be 11.1%, the highest in the European Union. According to World Bank Group maps, the solar potential is high in Hungary, especially in the southern part.
Installed solar capacity has increased tenfold over the past five years and is expected to continue to expand, especially in the household-scale solar segment. But some specialists have declared that the grid would not hold any more connections, which is a big challenge for the development of solar energy in Hungary. To tackle this issue, the European Commission is working on a legal proposal to overcome licensing delays and grid issues.
Meanwhile, EGE solar panels will be more available and installed in the country. We can’t wait to see more installations made with our panels in Hungary by our distributor.
To know more about our partner, you can visit their website.
For more information, contact us at: info@eco-greenenergy.com
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