Govt provides HUF 1 bn for solar panel plant, says state secretary

Production at the plant is expected to start in the second half of 2015, Peter Szijjarto told a press conference.

The project worth about 15 billion forints will create 212 new jobs, he said.

Further, the plant will create new jobs indirectly, too, as all components to be built into the modules will be manufactured by Hungarian suppliers.

Szijjarto stressed that energy efficiency projects would boost Hungary’s competitiveness.

The state secretary noted that, under the related EU regulation, the member states should increase the share of renewable resources within their total energy production to at least 13 percent by 2020. Hungary, however, went beyond that and pledged to raise the ration to 14,65 percent by the deadline.

Managing Director Akos Haidegger of EcoSolifer, the company that builds the factory, said that the plant would apply cutting-edge technology used so far only in Japan.

Source: http://mtva.hu/hu/hungary-matters#sthash.kwle8JKV.dpuf