Hungarian president János Áder inaugurated a solar power plant in Csepreg near the Austrian border on Wednesday.
Addressing the ceremony, Áder said that boosting the use of renewable and nuclear energy is indispensable in achieving the goals set in the Paris climate accord.
Áder is a main advocate and signatory of the landmark agreement.
“We Hungarians are a bit late in promoting solar energy, but if all goes according to plan, active solar power plant capacity could increase by twentyfold by 2030 compared to 2014,” he said.
The solar power plant in Csepreg, together with a similar plant built in nearby Vép, is the first such investment carried out using solely private capital and bank loans instead of state or EU funds, he said.
Péter Pusztai, the managing director of the investment company Solar Markt, said that the two plants have been built by installing 30,000 solar panels with 10,000 MWp capacity covering 150,000 sqms.
The two plants have capacity to provide electricity to around 2,500 households, he said.