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Photon Energy Launched into Commercial Operation Three Solar Photovoltaic Power Plants in Hungary and is Increasing its Portfolio in the Country to 57.5 MWp

/AMSTERDAM/BUDAPEST, March 17, 2025, 9:10 CET, Photon Energy N.V./ Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (the “Group” or the “Company”) has announced that Photon Energy Solutions HU Kft. – the Group's Hungarian subsidiary dedicated to engineering, procurement and construction (EPC) services – has completed and grid-connected three photovoltaic (PV) power plants, adding a total of 5.1 MWp to the country’s renewable energy capacity. Operating under a merchant commercial model, the newly commissioned utility-scale projects — Tolna 2, Tolna 3, and Tolna 5 — are expected to generate approximately 6.3 GWh annually. The clean electricity produced is already being fed into the grid managed by E.ON Dél-dunántúli Áramhálózati Zrt.

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Renewable Market Watch™ Published а New Report Titled "Czech Republic Solar Photovoltaic (PV) Power Market: Outlook 2025 - 2034 - Trends, Forecasts, Investments, Opportunities, Analysis"

/LONDON, March 10, 2025, 9:00 GMT, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the photovoltaic sector of the country for the next long-term period from 2025 ÷ 2034. The Czech Republic is a landlocked country in Central Europe. The country is bordered by Poland to the north, Germany to the west, Austria to the south and Slovakia to the east. Its capital and largest city, with 1.3 million inhabitants, is Prague. The Czech Republic includes the historical territories of Bohemia and Moravia and a small part of Silesia. The population of the Czech Republic is 10,735,859 at the end of 2024, and 73.5 % of the population is urban (7,371,120 people in 2023). The total land area is 77,240 Km2 (29,823 sq. miles). Renewable Market Watch™ registered that after a decade-long stagnation in the solar photovoltaic market in the Czech Republic since 2020, the small-scale residential and commercial segment activity increased. 

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Renewable Market Watch™ Published a New Report Titled "United Kingdom Solar Photovoltaic (PV) Power Market Outlook 2025÷2034 - Trends, Forecasts, Investments, Opportunities, Analysis"

/LONDON, February 27, 2025, 9:00 GMT, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the photovoltaic sector of the country for the next long-term period, 2025 ÷ 2034. UK's photovoltaic sector has witnessed remarkable growth in the past two decades, positioning the country among the leaders in Europe in installed solar photovoltaic capacity.

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Serbia Completed its Second RES Auction, and 10 New Solar Photovoltaic and Wind Power Projects Will Receive Incentives of EUR 782 Million

/BELGRADE, SERBIA, February 21, 2025, 10:00 CET, GGF, RENEWABLE MARKET WATCHTM/ In the second round of auctions for the allocation of market premiums for renewable energy projects (RES) announced by the Ministry of Mining and Energy in November 2024, investors applied for 41 projects. The offered quota of 424.8 MW for solar and wind power plants was significantly exceeded. The total capacity of the power plants that received incentives is 645 MW, and the total planned investment value is 782 million euros.

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RWE Commissioned a Large-Scale Battery Energy Storage System (BESS) with a Total Capacity of 220 MW

/ESSEN, GERMANY, February 14, 2025, 10:00 CET, RWE/ RWE has commissioned one of the largest German battery storage systems at the Group’s Hamm and Neurath sites, with a total capacity of 220 megawatts (MW). It can reach its nominal capacity within seconds and provide power at that level for around one hour (235 megawatt hours, MWh). RWE is making the electricity from the battery storage systems available on various energy markets. The system contributes towards stabilising the electricity grid in particular through the balancing energy markets.

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Renewable Market Watch™ Published a New Report Titled 'Western Balkans Solar Photovoltaic (PV) Power Market Outlook - Industry Analysis, Deal Tracking, Growth, Investment Volume, Country Ranks, Share, Size, Trends, and Forecast 2025 - 2034'

/LONDON, February 12, 2025, 9:00 GMT, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the solar photovoltaic power sector of Western Balkan countries for the period 2025 ÷ 2034. Newly installed PV capacity in this region will exceed 17 GW in the next 5 years. The number of fully permitted and ready-to-build projects is promptly increasing. The rooftop solar PV market segment in many countries is not developed and is forecasted to experience significant growth soon. Energy demand in the region is constantly increasing, according to the Western Balkans Solar Photovoltaic (PV) Power Market Outlook 2025÷2034. Some countries can exceed their electricity production demand needs with the support of renewable energy. Furthermore, some Western Balkan countries are currently in various EU membership joining statuses. 

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The Green for Growth Fund (GGF) Signed a Loan Agreement with Lovćen Banka, Montenegro for Renewable Energy projects.

/PODGORICA, MONTENEGRO, February 11, 2025, 11:00 CET, GGF, RENEWABLE MARKET WATCHTM/ The Green for Growth Fund (GGF) has established a partnership with Lovćen Banka, Montenegro by signing of loan agreement of EUR 3 million. This loan facility will enable Lovćen Banka to expand its green lending portfolio, providing dedicated financing to businesses investing in sustainable practices and smaller-scale renewable energy projects, boosting the region’s resilience and energy independence.

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Türkiye Solar Photovoltaic (PV) Power Market Outlook 2025÷2034 - Trends, Forecasts, Investments, Opportunities, Analysis

/LONDON, January 31, 2025, 10:00 GMT, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the photovoltaic sector of the country for the next long-term period, 2025 ÷ 2034. Türkiye's photovoltaic sector has witnessed remarkable growth in the past two decades, positioning the country as the leader in South East Europe in installed solar photovoltaic capacity.

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Arctech Will Supply Norinco International for a 125 MW Solar Photovoltaic Power Plant Project in Bosnia and Herzegovina

/LONDON, January 17, 2025, 14:00 GMT, RENEWABLE MARKET WATCHTM/ Arctech, a global leader in solar tracking and racking solutions, has partnered with NORINCO International, a subsidiary of China North Industries Corporation. As part of this agreement, Arctech will provide its advanced 1P single-axis solar tracking system, the SkyLine II, for a 125 MW solar project near Stolac, Bosnia and Herzegovina (BiH). This partnership marks a significant milestone for Arctech's expansion into the European solar market.

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