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Is the Belarus Solar PV Market Ready to Take Off?

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/14th September 2016, RENEWABLE MARKET WATCHTM/ The main priority of energy policy and strategy of Belarus according to Belarus Photovoltaic Market: Outlook 2016 ÷ 2025 released by the RENEWABLE MARKET WATCHTM, is to reduce dependence on energy imports and improving the financial stability of the sector. For this reason renewable energy and energy efficiency have been selected as priority sectors  to implement the well balanced sustainable energy policy of the country. On 1st March 2016, the government approved the “Comprehensive Development Plan for the Electricity Sector to 2025 and Beyond”, allowing the necessary changes in the regulatory and technical framework. The plan also includes allowances for network rehabilitation and development, as well as tariff subsidy phase out. On 6th April 2016, a new “Energy Efficiency and Energy Savings Plan for 2016-2020” came into force.

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Solar PV Market Review 2016 - 2017 for Central Eastern and South Eastern Europe (Free Delivered Report)

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/9th September 2016, RENEWABLE MARKET WATCHTM/ CEE and SEE countries are promising target destination for solar PV investments in Europe. We have to point out this region has been one of the fastest growing photovoltaic markets in Europe with cumulative solar PV installed capacity of 9.1 GW for 2015 at a Compound Annual Growth Rate (CAGR) of 27.9 % from 2010 to 2015, and with an expected cumulative solar PV installed capacity to exceed 26.9 GW by the end of 2025 according to CEE and SEE Countries Solar PV Market Review 2016 - 2017. All of the Central Eastern and South Eastern European countries have renewable energy capacity targets, assisting their goals to increase share of power generation from renewable energy sources, including solar PV energy. In EU member countries these targets are set by European Commission (EC), whilst in non-EU member countries RES targets are set in the national energy strategies or national renewable energy action plans.

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Drones (UAVs) in Building and Construction Inspection to Generate 5.89 Billion USD Revenue by 2025

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/7th September 2016, RENEWABLE MARKET WATCHTM/  Today, commercial, residential, and industrial buildings account for almost 50 % percent of global greenhouse gas emissions and 47 % of the world’s energy consumption. The global building stock of 153.1 billion square meters in 2015 need regular inspection and facility maintenance calculated from the research department of Renewable Market Watch™. Use of drones (UAVs) in building inspections and energy audits represent significant area for support of energy efficiency technologies that could help achieve reductions in energy consumption and carbon emissions. An additional 2.5 billion people are predicted to live in urban areas by 2050 according to the United Nations estimation, which means further increase of building stock in next decade and beyond. Drones (UAVs) could perform inspection work of buildings and construction processes quicker, safer and more cost effectively than traditional methods reveals Renewable Market Watch™ in its recently published report Drones in Building and Construction Inspection Global Market Outlook 2016÷2025. With drones (UAVS) will easier to provide emergency response and inspect damaged roofs, collapsed buildings, and other difficult to reach places. This could prove especially valuable after severe storms, when technicians are often unable to assess damaged structures or evaluate claims.

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Largest Solar PV Power Plant in Belarus with 22 MWp capacity has been commissioned

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/25th August 2016, RENEWABLE MARKET WATCHTM/ Belarusian mobile operator Velcom informed about the opening of the largest solar PV power plant in the country till the moment. It is located Bragin in the southern part of Belarus. This solar PV power plant has 22 MWp capacity and covers an area of more than 41 ha and with 85,000 solar PV modules delivered by Chinese solar manufacturer Risen Energy Co Ltd. This solar project represents very good example of how land contaminated by the Chernobyl accident can be used for generation of clean power. Approximately €24 million ($ 26.4 million) have been invested in the project. The main priority of energy policy and strategy in Belarus according to CIS Countries Photovoltaic Market: Outlook 2016÷2025 released by the RENEWABLE MARKET WATCHTM, is to provide a reliable and sustainable energy supply for the national economy, while reducing dependence on energy imports and improving the financial stability of the sector. Both renewable energy and energy efficiency have been identified as priorities to achieving these aims; however, most of the change in the energy sector will be due to a new planned nuclear power station, expected to become partially operational by 2020.

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Venture Capital Investments at Solar Market of Central and South Eastern Europe Increased with 17.3 percent

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/29th July 2016, RENEWABLE MARKET WATCHTMCEE and SEE countries are the interesting investment destination for solar PV technology among European countries. This region has become one of the fastest growing solar PV markets in Europe with cumulative PV installed capacity of 9.1 GW for 2015 at a Compound Annual Growth Rate (CAGR) of 27.9 % from 2010 to 2015, and with an expected cumulative PV installed capacity to exceed 26.9 GW by the end of 2025. Venture capital investments for the first half of 2016 scored 17.3 % increase compared to the same period of 2015 according to CEE and SEE Countries Photovoltaic (Solar PV) Market: Outlook 2016 – 2025.

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Asia Solar PV Market to Continue its Growth in 2016

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/21st June 2016, RENEWABLE MARKET WATCHTM/ Solar PV power is one of the fastest growing sources of energy in the world, as demand grows for energy security and independence, driving governments to develop reliable renewable power sources. Green laws have been implemented across Asia between 2008 and 2015 and can dramatically change the power and energy market sizes in this region according to Asia Photovoltaic Market: Outlook 2016÷2025 released by the RENEWABLE MARKET WATCHTM, global provider of cleantech research and analyses about emerging markets. Economic growth in Asia maintains a steady pace. Gross domestic product (GDP) in the region is forecast to expand by 5.3 % in 2016. Several Asian countries experience energy shortages and alternative energy sources are increasingly important to fulfill local energy demands. 

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Drones and Robotics in Utility Power Grid Inspection to Generate 9.6 billion USD Revenue by 2025

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/10th May 2016, RENEWABLE MARKET WATCHTM/  Over the next decade, power networks in emerging countries will expand rapidly to serve growing populations, while developed economies will upgrade their infrastructure to manage with demand discontinuities and the transition to smart grids. The key reasons behind increasing transmission line lengths include a rising electrification ratio, the need for new electricity infrastructure and power generation capacity growth. The global electric power transmission networks with more than 5.66 million Circuit kilometers (Ckm) total lengths are subject to physical wear out and need regular inspections throughout their lifespan according to research department of RENEWABLE MARKET WATCHTM. Since power outages cause substantial financial losses to the producers, distributors and also to the consumers of electric power, it is in the common interest to minimize failures on power lines. The global utility power grid inspection and other associated services market has been gaining momentum due to the growing demand for inspection and maintenance cost reduction along with health and safety improvement in utility gird infrastructure across the globe reveals Renewable Market Watch™ in its recently published report Drones and Robotics in Utility Grid Infrastructure Global Market Outlook 2016 ÷ 2025.

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Wind Power Market in CEE and SEE Countries Review 2016

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/18th April 2016, RENEWABLE MARKET WATCHTM/ Between 2010 and 2015, wind energy market of CEE and SEE countries became one of the fastest growing regions in Europe according to Renewable Market Watch. Cumulative installed wind power capacity in CEE and SEE region has reached almost 17 GW for 2015 at a Compound Annual Growth Rate (CAGR) of 26 % from 2010 to 2015. According to CEE & SEE Countries Wind Power Market Outlook 2016 – 2025, the electric power sector in Europe and CEE & SEE countries particularly is currently facing different changes and evolution mainly in response to the three European Union (EU) energy-related challenges – environmental sustainability, security of supply, and competitiveness – within a context of growing electricity demand. These issues may also represent drivers for the further development of wind energy market in this region.

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CEE and SEE Countries Solar PV Market Review 2016 - 2017

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/7th April 2016, RENEWABLE MARKET WATCHTM/ CEE and SEE countries are the interesting investment destination for solar PV technology among European countries. This region has become one of the fastest growing solar PV markets in Europe with cumulative PV installed capacity of 9.1 GW for 2015 at a Compound Annual Growth Rate (CAGR) of 27.9 % from 2010 to 2015, and with an expected cumulative PV installed capacity to exceed 26.9 GW by the end of 2025 according to CEE and SEE Countries Solar PV Market Review 2016 - 2017. All of the CEE and SEE countries have renewable energy capacity targets, assisting their aims to obtain share of its power generation from renewable energy sources, including photovoltaic energy. In EU member countries these targets are set by European Commission (EC), whilst in non-EU member countries RES targets are set in the energy strategies or renewable energy action plans.

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Drones in Solar Power Industry to Witness Robust Growth by 2025

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/22nd March 2016, RENEWABLE MARKET WATCHTM/  Solar power industry is developing with fast paces in the past decade and at the end of 2015 almost 230 GW cumulative solar PV power capacity is operational at global level according to research department of RENEWABLE MARKET WATCHTM. This means more than 920 million solar PV modules are subject to physical wear out and need regular inspections throughout their lifespan. Considering the harsh environmental conditions faced by many solar power plants and the logistical difficulties of panel inspection, it’s clear that facility maintenance is a constant challenge for solar operations. Unmanned aerial vehicles (UAVs) - commonly known as drones - can help provide quicker, effortless and cost-effective monitoring and maintenance for even the largest of solar farms. The global solar power plants inspection and other associated services market has been gaining momentum due to the growing solar energy capacity across the globe reveals Renewable Market Watch™ in its recently published report Drones in Solar Power Industry Global Market Outlook 2016 ÷ 2025.

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