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Masdar Acquires Saeta Renewables Platform and Partners with Endesa for a Portfolio of Operating and Development Wind and Solar Projects with a Total Capacity of over 4GW in Spain and Portugal

/Abu Dhabi, U.A.E, December 23, 2024, 11:30 GMT, Masdar, RENEWABLE MARKET WATCHTM/ Masdar, the UAE's leader in clean energy, has significantly expanded its European portfolio by completing two major acquisitions in Spain and Portugal to underpin its ambitious growth plans further. Masdar acquired Saeta Yield ("Saeta") from Brookfield Renewable Partners (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners ("Brookfield"), for an enterprise value of €1.2 billion and an equity value of €696 million.

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Season's Greetings 2025 by Renewable Market Watch

/LONDON, December 23, 2024, 10:00 GMT, RENEWABLE MARKET WATCHTM/ The gobal renewable energy capacity is projected to grow by 2.7 times by 2030, exceeding the current ambitions of countries by nearly 25%, although it still falls short of tripling. Climate and energy security policies in almost 140 countries have played a crucial role in making renewable energy cost-competitive with fossil fuel power plants. This shift is generating new demand from the private sector and households. Additionally, industrial policies that promote local manufacturing of solar panels and wind turbines are helping to develop domestic markets. The European Union and the United States are both forecast to double the pace of renewable capacity growth between 2024 and 2030, while India sees the fastest rate of growth among large economies.

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Renewable Market Watch™ Published New Update of the Report "Czech Republic Solar Photovoltaic (PV) Power Market: Outlook 2024 - 2033 - Trends, Forecasts, Investments, Opportunities, Analysis"

/LONDON, December 18, 2024, 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 2024 ÷ 2033. 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 10,495,295 at the end of 2023, 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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Agricultural Work Started at 54 MWp Photovoltaic (PV) Park Alhendín of BayWa r.e. in Spain

/MUNICH, GERMANY, December 12, 2024, 10:00 CET, BayWa r.e./ BayWa r.e. is pleased to announce that agricultural work recently has commenced at Alhendín solar park, combined with environmental and community measures. Thanks to an innovative PPA agreement with the VELUX Group, this flagship 54 MWp-photovoltaic (PV) park in the South of Granada, Spain integrates renewable electricity production, agriculture and biodiversity. Alhendín began delivering electricity to the local power grid in May of this year. The solar park includes an Agri-PV system that combines energy generation with agricultural production, allowing modern farming machinery to pass between the solar panel rows. It is the first Agri-PV installation that BayWa r.e. has built in Spain.

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The Romanian National Energy Strategy 2025-2035 with an Outlook to 2050 is Adopted

/BUCHAREST, December 2, 2024, 9:30 CET, RENEWABLE MARKET WATCHTM/ The Government of Romania adopted, at the end of November 2024, the long-awaited National Energy Strategy 2025-2035, with an outlook to 2050. The Government has released its most ambitious energy strategy in the past 17 years. This strategy outlines the future direction of the national energy sector, focusing on security, accessibility, and sustainability, while positioning Romania as a regional leader.

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TSE Raises EUR 65 Million the Eiffel Investment Group to Implement 800 MW Agrivoltaic Capacity in France

/PARIS, FRANCE, November 28, 2024, 11:00 CET, TSE/ After raising 130 million euros in equity from Eurazeo, Crédit Agricole and Bpifrance in 2023, TSE, a developer and producer of solar energy in France, is strengthening its financing structure by raising a bond debt for an amount of 65 million euros today from the Eiffel Investment Group fund. Thanks to this operation, the group is continuing its development to reach more than 1 gigawatt of assets under construction and in operation by 2027, in line with its strategic roadmap.

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Renewable Market Watch™ Published New Update of the Report "United Kingdom Solar Photovoltaic (PV) Power Market Outlook 2024÷2033 - Trends, Forecasts, Investments, Opportunities, Analysis"

/LONDON, November 14, 2024, 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, 2024 ÷ 2033. 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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In the First Contracts for Difference (CfD) Auction, the Ministry of Energy of Romania will Award 1500 MW (1.5 GW) of Solar Photovoltaic and Wind Projects by the end of 2024

/BUCHAREST, November 6, 2024, 10:00 CET, RENEWABLE MARKET WATCHTM/ Offers for the first auction through Contracts for Difference (CfD) can be submitted until November 18, 2024, provided that additional requests for clarifications received after October 23, 2024, the initial deadline for completing this process, have been completed and already announced by the Ministry of Energy.

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Renewable Market Watch™ Published New Update of the Report "Germany Solar Photovoltaic (PV) Power Market Outlook 2024÷2033 - Trends, Forecasts, Investments, Opportunities, Analysis"

/LONDON, October 28, 2024, 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, 2024 ÷ 2033. Germany's photovoltaic sector has witnessed remarkable growth in the past two decades, positioning the country as the leader in Europe in installed solar photovoltaic capacity.

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Enery Launched into Commercial Operation its Largest Solar PV Power Plant in Tsenovo, Bulgaria, with an Installed Capacity of 113 MWp

/TSENOVO, BULGARIA, October 15, 2024, 9:30 CEST, RENEWABLE MARKET WATCHTM/ Enery, a leading renewable energy solutions provider, announces the official opening of its largest solar power plant in Tsenovo Municipality, North Bulgaria. The Tsenovo Solar Plant expands the company’s portfolio with an additional 113 MWp (80 MWac), contributing to the region’s decarbonization. Located across several sites, the solar park spans over 140 hectares of land. The facility has 191,282 solar modules and can generate 177 GWh of clean electricity annually. This is equivalent to powering more than 48,000 households and cutting CO2 emissions by an impressive 80,528 tonnes yearly..

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