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RE-Source Southeast Conference 2023, 18-19 May, Sofia, Bulgaria

/SOFIA, March 17, 2023, 10:00 GMT, RENEWABLE MARKET WATCHTM/ RE-Source Southeast is the go-to event for corporate sourcing of renewable energy in the SEE region! While self-consumption and on-site generation is still the prevailing choice for SEE corporates, the PPA market has the potential to catch up fast, as first deals have already been announced in Bulgaria, Greece and Romania. Across Europe, high market prices tempted power producers to shift towards short-term PPAs and more active energy trading strategies with a rising focus on short-term hedges.

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Western Balkan Countries are the Newfound Hotspot for Solar Photovoltaic (PV) Energy Investments in Europe, Reveals the Renewable Market Watch™

/LONDON, March 16, 2023, 11:00 GMT, RENEWABLE MARKET WATCHTM/ Between 2012 and 2022, the Western Balkan Countries increased their solar power capacity 11 times. Western Balkans became one of the fastest-growing regions in Europe, with a 28.1 per cent increase in cumulative solar photovoltaic (PV) installed capacity in 2022 compared with 2021. The number of fully permitted and ready-to-build projects is promptly increasing. The rooftop solar PV market segment in many countries in this region is underdeveloped and is forecasted to grow significantly. Energy demand in the region is constantly increasing, according to the Western Balkans Solar Photovoltaic (PV) Power Market Outlook 2023÷2032. Some countries can exceed their electricity production demand needs with renewable energy support. 

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SMA Solar Technology AG Announced an Increase in Sales and Earnings in 2022 and Expects Positive Results for 2023

/NIESTETAL, GERMANY, March 13, 2023, 11:15 GMT, SMA/ Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FWB: S92) has presented provisional, non-audited figures for 2022 as a whole. The figures report that SMA group sales rose by 8.4% year on year to €1,065.9 million (2021: €983.4 million) despite pronounced procurement supply shortages. Earnings before interest, taxes and depreciation (EBITDA) increased significantly to €70.0 million from €8.5 million in the 2021 fiscal year. This corresponds to an EBITDA margin of 6.6% (2021: 0.9%).

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FuturaSun Plans to Build 2 GW Solar PV Module Factory in Padua, Italy

/ROME, March 9, 2023, 10:00 GMT, FuturaSun/ FuturaSun, has acquired a 24,000 sqm plot of land in the industrial area of Cittadella (Padua) to establish a new Italian Gigafactory. The facility will reach a 2 GW/year production capacity of high-efficiency photovoltaic modules manufactured using the most innovative technologies. The company relaunches the European photovoltaic supply chain with a new centre dedicated to developing and producing PV modules.

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Sonnedix and Endesa Sign a 12-year PPA for 77MW Portfolio in Spain

/MADRID, March 1, 2023, 11:00 GMT, Sonnedix/ Sonnedix, the international renewable energy producer, and Endesa Spain’s largest electric company, have signed a twelve-year renewable energy power purchase agreement (PPA). The green energy is produced by a 77MW solar PV portfolio acquired by Sonnedix in July 2021, comprised of five solar plants located in Valladolid, Castilla y León province of Spain. The projects are currently under construction and are expected to start operations within the first quarter of 2023. 

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Germany with Ambitious Plans for Offshore Wind Energy by 2030

/LONDON, February 6, 2023, 9:30 GMT, RENEWABLE MARKET WATCHTM/ Offshore wind energy has become an increasingly important renewable energy source in Germany. The German government has implemented several policies and initiatives to support the expansion of offshore wind energy. One of the most significant are amendments to Renewable Energy Sources Act (EEG) and to the German Offshore Wind Energy Act (WindSeeG), which sets out a framework for developing offshore wind farms and provides rules for auctioning offshore wind energy projects. The country has set ambitious goals to expand offshore wind power, with a target of 30 GW of installed capacity by 2030 and a long-term goal of reaching 70 GW by 2040. All these measures shall accelerate the expansion of renewable energy contained and are into force from 1 January 2023.

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Iberdrola has been Awarded Four Agrovoltaic Projects with a Total Capacity of 12 MW in France

/LONDON, January 27, 2023, 11:35 GMT, Iberdrola/ Iberdrola has been awarded four agrovoltaic projects with a total capacity of 12 megawatts (MW) in the renewable energy innovation tenders launched by the French Ministry of Energy Transition. As a prerequisite and priority, the projects focus on innovation criteria, care for the environment and improvement of agriculture and livestock farming on the land on which they are implemented while maximising electricity production takes second place. Innovation that contributes to normalising the coexistence of the energy and agricultural sectors.

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Czech Republic Solar Photovoltaic (PV) Power Market: Outlook 2023 - 2032 - Trends, Forecasts, Investments, Opportunities, Analysis

/LONDON, January 19, 2023, 9:30 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 2023 ÷ 2032. 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 10,352,284 at the end of 2022, and 73.5 % of the population is urban (7,326,511 people in 2022). The total land area is 77,240 Km2 (29,823 sq. miles). Renewable Market Watch™ registered that after a 6-year stagnation in the solar photovoltaic market in the Czech Republic since 2018, the activity in the small-scale residential and commercial segment increased. 

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NextEnergy Capital Announced 132MWp Solar PV Projects and 400MW Battery Storage Acquisitions in Greece

/LONDON, January 10, 2023, 11:30 GMT, NextPower III ESG/ NextPower III ESG (“NPIII ESG”), the international OECD private solar fund managed by NextEnergy Capital (“NEC”), is delighted to announce its first strategic solar and battery storage acquisitions in Greece. The acquisitions include six utility-scale solar PV projects totalling 132MWp, and a majority in six standalone battery storage projects totalling 400MW.

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Benefit List - Reports of Renewable Market Watch - 2023

/LONDON, January 3, 2023,  9:00 GMT, RENEWABLE MARKET WATCHTM) Renewable Market Watch™ is delivering strategic insight into renewable energy markets through its experienced research team and cutting-edge predictive analytics data platform. We are pleased to present our Benefit List for 2023 and to give you more information on what content and value have our market reports.

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