Renewable Market Watch

Alerion Clean Power Signed an Agreement with Monsson Alma for the Development of 3 New Wind Farm Projects in Romania with a Capacity of 350 MW

/5^th May 2021, Alerion Clean Power, RENEWABLE MARKET WATCH^TM/ The Italian company Alerion Clean Power S.p.A. has signed with Monsson Alma, a leading company in the development of wind projects in Romania, and the shareholders of the relevant project companies a development agreement for 3 new wind projects in Romania, with a capacity of approximately 350 MW. The authorization process for the plants under development is expected to be completed by the end of 2022. The agreement will allow Alerion to accelerate the growth in a market with very large growth perspectives, thanks also to the renewable development plans promoted by the Romanian government. The Moldova and Dobrogea provinces (in the southeast of the country, near the Black Sea) were considered the most appropriate areas for wind farm developments, according to the Romania Wind Power Market Outlook 2020÷2030. The southeast of Dobrogea was ranked second in terms of potential in Europe according to specialized studies. Romanian wind potential is estimated at around 14,000 MW (14 GW) installed capacity, generating about 23 TWh. per year.
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The European Investment Bank (EIB) Approved € 2 Billion for Wind and Solar Power

/22^nd April 2021, EIB/ € 3.4 billion of new financing approved today by the European Investment Bank (EIB) will accelerate shift towards renewable energy and sustainable transport, corporate innovation, improved housing, education and communications. “The green transformation of the global economy gathers speed. The green energy and sustainable transport projects approved by the EIB, the EU’s climate bank, today demonstrate the vision, ambition and partnership needed to slash greenhouse gas emissions this decade and beyond. I am thrilled that this week the European Union agreed to be climate-neutral by 2050. Tomorrow President Biden will host world leaders and renew the shared determination to fight the climate crisis. The return by the US to the community of countries committed to the Paris Agreement goals and to climate action is hugely welcome news, an essential and urgent step toward multiplying the effect of individual actions through global cooperation”, said Werner Hoyer, President of the European Investment Bank.
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Bulgaria Solar Photovoltaic (PV) Power Market: Outlook 2020 - 2030 by Renewable Market Watch with Trends, Forecasts, Investments, Opportunities, Analysis

/16^th April 2021, RENEWABLE MARKET WATCH^TM/ Development of operational solar PV power plants in Bulgaria started with very moderate steps in 2007 but progressed with fast paces after the second half of 2010. At the end of 2018 cumulative installed solar PV capacity in Bulgaria reached 1,036 MW. Several large scale solar photovoltaic (PV) projects with a capacity above 50 MW have been announced in Bulgaria after 2018 and these projects will be built between 2021 and 2024. In the last few years, Bulgaria has been the focus of the investors’ interest. The political stability and predictability due to the NATO membership and to the EU accession, the stable economic perspective and the growing credit rating of the country and its institutions were only some of the elements attracting the investors’ interest. External investors have been attracted by rapidly developing national industry, highly skilled workforce and significant new market.
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SolarPower Summit 2021: Driving Sustainable Change: 10 – 12 May Online

/5^h April 2021, SolarPower Europe/ Join us for the second digital edition of the SolarPower Summit! The year 2021 is not just “any year”. Amidst the COVID-19 pandemic, European economies and industrial sectors have been under extreme pressure, and the lives of all Europeans have changed profoundly. The European Recovery Plan adopted by EU Member States in July 2020 aimed not only to mitigate the devastating impacts of the pandemic, but to seize a historic opportunity to revive our economies and industries, placing the fight against climate change at the heart of Europe’s future job creation and growth strategy.
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News & Analysis

Alerion Clean Power Signed an Agreement with Monsson Alma for the Development of 3 New Wind Farm Projects in Romania with a Capacity of 350 MW

The European Investment Bank (EIB) Approved € 2 Billion for Wind and Solar Power

Bulgaria Solar Photovoltaic (PV) Power Market: Outlook 2020 - 2030 by Renewable Market Watch with Trends, Forecasts, Investments, Opportunities, Analysis

SolarPower Summit 2021: Driving Sustainable Change: 10 – 12 May Online

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