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The Hungarian Energy Ministry has announced a tender for HUF 12 billion to support investments in geothermal electricity generation. Investors can apply for funding ranging from HUF 400 million to HUF 1 billion per project, which can cover up to 10% of total costs if drilling is successful and as much as 50% if unsuccessful.

Additionally, a separate tender for HUF 19 billion in interest-free credit for geothermal heat and electricity generation will be announced in early March. The national plan aims to double Hungary's geothermal output from 6.4 PJ by 2030.