BEST Magazine 22 April 2026

EBRD gives €70m backing to Hungarian solar-BESS project

EBRD gives €70m backing to Hungarian solar-BESS project

Why It Matters for ITAD

Market movements like this can signal shifts in demand for ITAD services. New technologies may create opportunities or challenges for equipment processing.

The European Bank for Reconstruction and Development (EBRD) is providing €70 million ($82 million) in financing to support the development of a large-scale solar photovoltaic (PV) and battery energy storage system (BESS) project in Hungary. The funding forms part of a broader €210 million financing package for the project, which is being developed by independent…

Key Takeaways

  • EBRD gives €70m backing to Hungarian solar-BESS project.

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