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/18th December 2019, RENEWABLE MARKET WATCHTM/ The first foreign wind farm investment for Kazakhstan and the first project in the region in the field of renewable energy sources were implemented by Italian investors in the Aktobe region. The ceremony of launching the 'Badamsha-I Wind Farm' was attended by the Ambassador of Italy to Kazakhstan, Pasquale D'Avino, Akim of the Aktobe region Ondasyn Urazalin, Deputy Chairman of the Management Board of JSC “NC“ KAZAKH INVEST ”Birzhan Kaneshev, as well as Executive Vice President of Eni for the Central Asian Region Luka…

/11th October 2019, RENEWABLE MARKET WATCHTM/ The Czech Republic is in the process of preparation to start renewable energy auctions (tenders) from 2021 to meet its future targets for renewable electricity in the final energy consumption. However, solar photovoltaic (PV) energy is not included in the auctions (tenders) in the first draft of the new RES auction (tender) law. Officials from the Czech government suppose that solar PV electricity shall be fully competitive without any subsidies from 2021 and shall not need any support.

/28th November 2019, RENEWABLE MARKET WATCHTM/ In the course of the pilot auction for 50 MW solar photovoltaic (PV) power plant in Kazakhstan there has been a record low price set for solar photovoltaic power generation. The auction was recognized to be succeeded. The auction participants' geography is represented by 6 countries, including Kazakhstan, Italy, Russia, Germany, China, and the Netherlands.

/17th September 2019, RENEWABLE MARKET WATCHTM/ Croatia's energy development to 2030 and 2050 can continue at an accelerated or at a moderate pace and all options mean decarbonisation, switching to renewable energy sources and decreasing the emission of greenhouse gasses, notes an analysis called "Green Book" and published by the Hrvoje Požar Energy Institute (EHIP).

/28th August 2019, RENEWABLE MARKET WATCHTM/ RECOM, has secured, through tenders, 20MW of solar projects out of 35MW offered in Cyprus, which are planned to be installed during 2019, reported the Renewable Market Watch™. The first big project of 4.5MW in Pissouri is already under construction. Also, another two projects of 4MW have been agreed upon through the feed-in-tariff financing. For RECOM, the aforementioned projects' acquisition is a milestone in their Cyprus activities which contributes to the country’s smooth transition to solar energy.

/16th July 2019, RENEWABLE MARKET WATCHTM/ Albanian local power utility Korporata Elektroenergjetike Shqiptare (KESH) has submitted in December 2018 a proposal to the Ministry of Transport and Infrastructure for the construction of a 12.9 MW floating PV plant. According to the document, the facility will be installed at the water reservoir of the Drin River near Vau i Dejës, a town in the Shkodër County, northwestern Albania, where KESH is operating the 260 MW Vau i Dejës Hydroelectric Power Station. The plant will sell power to the electricity spot market, the…

/7th June 2019, EURACTIV, Sam Morgan, RENEWABLE MARKET WATCHTM/ While Germany and Eastern European countries continue to oppose raising the EU’s 40% emission reduction target for 2030, a new analysis insists the bloc will actually manage at least 50% cuts under a business-as-usual scenario taking into account the latest coal phase-out pledges.

/31st May 2019, RENEWABLE MARKET WATCHTM/ More than half of the energy used in Sweden comes from renewable energy sources. Sweden manages to combine a high energy consumption with low carbon emissions. The government’s energy policies have also promoted the use of renewable energy. The share of renewable energy used in Sweden keeps growing. Already in 2012 the country reached the government’s 2020 target of 50 per cent. For the power sector, the target is 100 per cent renewable electricity production by 2040. 

/3rd May 2019, RENEWABLE MARKET WATCHTM/ The Netherlands will not fulfil its EU 2020 renewable energy targets of 14%. The share of renewable energy will reach below 12.5%, according to the latest forecasts. However, there is quite an impressive pipeline of solar photovoltaic power projects in the Netherlands. The country is undertaking serious efforts to transform its energy system. Historically, the Netherlands relied heavily on its gas reserves, but with natural deposits dwindling, the country is looking to renewable energy to meet its energy demands.