/BRUSSELS, March 14, 2023, 15:00 GMT, European Commission, RENEWABLE MARKET WATCH^TM/ Today, the Commission has proposed to reform the EU's electricity market design to accelerate a surge in renewables and the phase-out of gas, make consumer bills less dependent on volatile fossil fuel prices, better protect consumers from future price spikes and potential market manipulation, and make the EU's industry clean and more competitive. The EU has had an efficient, well-integrated electricity market for over twenty years, allowing consumers to reap the economic benefits of a single energy market, ensuring the security of supply and stimulating the decarbonisation process.

/LONDON, March 7, 2023, 9:30 GMT, RENEWABLE MARKET WATCH^TM/ Development of operational solar PV power plants in Bulgaria started with very moderate steps in 2007 but progressed at fast paces after the second half of 2010. At the end of 2022, Bulgaria's cumulative installed solar PV capacity exceeded 1,500 MW (1.5 GW). Several large-scale solar photovoltaic (PV) projects with a power capacity above 50 MW were launched into commercial operation in Bulgaria in 2022. Local and international investors will build new solar projects between 2023 and 2025. In the last few years, Bulgaria has been the focus of the investors’ interest. Furthermore, Bulgaria quickly has to diminish its dependency on Russian energy imports, and solar power is one of the best renewable energy alternatives. 

/ESSEN, March 2, 2023, 9:30 GMT, RWE/ RWE, the UK’s largest power generator and one of the largest renewables developers, has significantly expanded its solar and battery capabilities by acquiring JBM Solar, a large independent developer of solar and battery storage systems. With this acquisition RWE reaffirms its UK strategy by continuing to grow and to diversify its UK portfolio by adding further solar and battery projects. With the acquisition of JBM Solar, RWE takes over a mature pipeline with a combined capacity of around 6.1 gigawatts (GWac), split into 3.8 GWac of solar and 2.3 GWac of battery storage projects. Most of the projects are in the central and southern regions of England and a large proportion already have grid connections and land secured.

/LONDON, February 15, 2023, 9:00 GMT, PRNewswire/ The growth of the European solar power market in 2022 has exceeded all expectations. The cumulative installed solar photovoltaic (PV) capacity in Europe reached 244.3GW at the end of 2022, which is an almost 23 per cent increase compared to 198.8GW at the end of 2021, according to the recently published study Europe Solar Photovoltaic (PV) Power Market Outlook 2023 ÷ 2032. Germany was the largest market in 2022, adding 7.9 GW of new capacity, followed by Spain (7.5 GW), Poland (4.9 GW), Netherlands (4 GW), and France (2.7 GW). In the EU-27 member states, the solar PV market scored an impressive increase in annual installed capacity by 47 per cent in 2022, from 28.1 GW in 2021 to 41.4 GW in 2022. Amarenco, Axpo, BayWa r.e., EDPR, Enel Green Power, ENGIE, Hanhwa Q-Cells, Huawei, Iberdrola, First Solar, Jinko, Lightsource bp, LONGi Solar, RWE, SMA and Total Eren, are among the key players in the market.