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/LONDON, December 16, 2021, 10:00 GMT, RENEWABLE MARKET WATCHTM/ The global renewable energy capacity growth is going to reach a new record level in 2021. Besides the new mutations of COVID-19, we were surprised by a spike in commodity prices, increased logistic cost and increased production cost of solar PV modules and wind turbines. However, according to the Renewable Market Watch, there was no power to stop renewables progress this year.

In 2021, the Renewable Market Watch™ supported several crucial renewable energy events and initiatives as SolarPower Summit 2021, The Business Booster 2021, The Green Hydrogen Manifesto,  RE-Source 2021, Yes to 45% Renewable Energy Target in the European Union (EU) by 2030, RAWI FORUM 2021, Romanian Solar Summit 2021, and others

Renewable Market Watch Seasons Greetings 2022

By 2026, global renewable electricity capacity is forecast by IEA to rise more than 60% from 2020 levels to over 4 800 GW – equivalent to the current total global power capacity of fossil fuels and nuclear combined. Renewables are set to account for almost 95% of the increase in global power capacity through 2026, with solar PV alone providing more than half.

Christmas Greetings and Best Wishes for a happy New 2022 Year filled with health, happiness, and wonderful emotions.

We wish you the season's compliments and thank you for your trust and support in the past year.

If you want to continue during 2022 to have the most relevant information, data, and analytics about the renewable energy industry, please do not hesitate to visit our News & AnalysisBlog, and Market Reports.

In order to download brochures about renewable energy markets, please access some examples from here:

Europe Corporate Renewable PPA Market Report 2021 ÷ 2030

Europe Solar Photovoltaic (PV) Market Outlook 2021 ÷ 2030

Europe Net Metering and Self-Consumption Solar PV Market Outlook 2021 ÷ 2030

Central-East and South-East Europe Solar Photovoltaic (PV) Power Market Outlook 2021 ÷ 2030

Western Balkans Solar Photovoltaic (PV) Power Market Outlook 2020 ÷ 2030

For a better understanding of the benefits of using our reports, you may read here: Benefit List - Reports of Renewable Market Watch - 2021

About Renewable Market Watch™

Renewable Market Watch™ is delivering strategic insight into emerging renewable energy markets through its experienced research team and cutting edge predictive analytics data platform. We partner with our customers to provide research, data and consulting reports in areas appropriate to their specific requirements. Our primary focus is emerging renewable energy markets of the Asia Countries, Balkan countries, Central and Eastern Europe, CIS states (former the Soviet Union), LATAM countries and MENA countries. Our market reports are featured in reputable international media as BloombergYahoo Finance and others. For more information about Renewable Market Watch™ please visit:

http://renewablemarketwatch.com/about-us

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