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/29th June 2017, IEA, RENEWABLE MARKET WATCHTM,IRENA/, The share of renewables in overall power generation is rapidly increasing, both in developed and developing countries. Furthermore, many countries have ambitious targets to transform their power sector towards renewables. To achieve these objectives, the structure and operation of existing power grid infrastructures will need to be revisited as the share of renewable power generation increases. Renewable energy technologies can be divided into two categories: dispatchable (i.e.biomass, concentrated solar power with storage, geothermal power and hydro) and non-dispatchable, also known as Variable Renewable Energy…

/8th March 2017, IEA, RENEWABLE MARKET WATCHTM/, China has experienced a marked increase in electricity demand over the past decade, requiring rapid and large investments in the power sector. This has provided an opportunity for streamlining system integration with the expansion of overall electricity infrastructure. However, this opportunity has not been fully realised and investments have predominantly been in coal-fired capacity. The dominance of coal in the power sector has translated into growing concerns over local air pollution and CO2 emissions. To address these issues, China is ramping up the deployment…

/11th December 2016, RENEWABLE MARKET WATCHTM/, The MENA region is blessed with all the natural resources necessary for a vibrant renewable energy sector: Lots of sunshine, strong winds and, in a few places, powerful rivers. According to World Bank estimates, the region receives between 22 percent and 26 percent of all solar energy striking the earth. This translates to a potential for solar energy per square kilometre per year equivalent to the energy generated from 1 to 2 million barrels of oil. MENA’s solar potential is considered to be exponentially…

/20th September 2016, RENEWABLE MARKET WATCHTM, IRENA, EY/, The renewable energy market in the MENA region is expanding rapidly, with many countries announcing projects and setting policies to promote renewable energy development and a number of initiatives undertaken to facilitate the deployment of renewable energy. According to the IFC, nearly $3 billion were invested in the Middle East and North Africa (MENA) region in 2012, 40 % higher than in 2011 and roughly twice the amount invested in 2010. Growing recognition of these benefits is evident in the increasing amount…

/28th June 2016, RENEWABLE MARKET WATCHTM/ Alten Ltd., a subsidiary of a Czech based holding Falkon Capital a.s., has placed a purchase order with the German wind turbine manufacturer FWT Production GmbH for the 51 MW wind farm, which will be built in the Republic of Kalmykia in Russian Federation. The Engineering, Procurement and Construction (EPC) contract for the turnkey realization of the Kalmykia onshore wind farm project "Priyutnenskaya VES" 51 MW comprises engineering, supply and installation of  20 wind turbines with 2.5 MW each as well as all complete electrical…

/24th May 2016, Belarusian Telegraph Agency (BelTA)/According to Belarusian Telegraph Agency (BelTA) the implementation of the project to create a solar power plant with the output capacity of 109 MW has begun in Belarus in Cherikov District, Mogilev Oblast, BelTA learned from Sergei Poluichik, First Deputy Chairman of the Cherikov District Executive Committee, on 19 February. According to the source, the Irish company Cameliasiade Limited has already started design and survey work and plans to finish it early March. The main project to create a photovoltaic power plant with the…

/20th April 2016, RENEWABLE MARKET WATCHTM/ Total cumulative wind power installation number in CIS countries is less than 1 GW at the end of 2015, a tiny share of the global cumulative installed wind power capacity of 435 GW by the end of 2015. However, the situation at CIS countries wind energy market is about to change in a positive growth direction.

/23rd March 2016, RENEWABLE MARKET WATCHTM/ MK Fintel Wind is now constructing its second wind farm project in Serbia – the 6.6 MW La Piccolina project in Vrsac, located in Vojvodina province and expects to commission it by the end of Q3 2016.

/16th February 2016, RENEWABLE MARKET WATCHTM/ Wind power capacity of Croatia according to EWEA's paper "Wind in power: 2015 European statistics" has grown with 22 % YoY turning the country in fast-growing wind market among SEE countries. Croatia added 76.2 megawatts (MW) of new wind energy capacity during 2015.