Our Blog

/19th December 2013, RENEWABLE MARKET WATCHTM/ In Albania, solar power is widely available, but the photovoltaic market in the country is not yet developed. Most of all, Albania's electricity is renewable and comes from hydropower. The only program incentivizing solar energy was intended for solar thermal generation.

/11th November 2013, RENEWABLE MARKET WATCHTM/ Azerbaijan has good renewable energy resources. The wind, which blows more than 250 days per year and may generate 2.4 billion kWh of electricity annually, is the country’s preferred option because of its lower cost, environmental soundness and unlimited availability. There is a great potential to use wind energy, particularly on the coastline and offshore, which is now recognized in official circles.

/24th October 2013, RENEWABLE MARKET WATCHTM/ Hungary has good potential for using solar energy, as the number of sunny hours in Hungary is between 1,950-2,150 hours per year at an intensity of 1,200 kWh/m2 per year. However, the Hungarian photovoltaic market is not developed. At the end of 2012, the solar PV market in Hungary has 6 MW cumulative installed capacity.

/19th September 2013, RENEWABLE MARKET WATCHTM/ To date, the power supply has been governed by the consumption-oriented generation model. Because power will be increasingly generated from renewable energy sources in the future, it is necessary to move towards a so-called "Internet of Energy" model. This model is based on principles of smart power generation, smart power grids, smart storage, and smart consumption. Information and communication-based technologies (ICT) will play a central role in connecting the different parts of the energy system.

/10th September 2013, TengriNews/ Kazakhstan’s President Nursultan Nazarbayev has suggested working out an effective system to manage the country’s hydrocarbons riches, Tengrinews.kz reports. “We need an effective system to manage the hydrocarbons wealth; natural riches should feed economic growth; however, they should no longer be the major source of revenues for the state. That is the key objective of the Government”, President said when speaking at the Eurasia Emerging Markets Forum in Astana September 10.

/14th August 2013, Photon Magazine/ Luxembourg-based investment firm Securum Equity Partners & Associates plans to sue the Republic of Serbia for failing to provide Securum with the appropriate land for the construction of a 1 GW PV project the company was to develop in Serbia. According to the lawsuit, which will be filed shortly in the International Court of Arbitration of London, Securum is seeking compensation totalling €160 million ($213.7 million).

/9th August 2013, Chris Goodall/ The latest data on US wind power provides some extraordinary statistics. During 2012 about 13 gigawatts of new capacity was installed, almost twice the UK’s total wind power. This provided about 43% of the net additions to US generating plant.

/23rd July 2013, Hans-Christoph Neidlein, PV MagazineTM/ With its booming economy and growing energy demand, Turkey is one of the most promising new PV markets, but financing and bureaucracy hurdles remain. Almost 9 GW of projects have applied for the first licensing round for large-scale installations, but commercial rooftop installations of up to 1 MW offer the best opportunities.

/7th July 2013, EVWIND / Secretary of State, Edward Davey announced RWE’s 1.2 GW Triton Knoll offshore wind project and Vattenfall’s 228 MW Pen y Cymoedd onshore wind farm have been given the go-ahead for development. The government has approved RWE Innogy’s 1,200 megawatt Triton Knoll offshore wind farm, a project with capacity comparable to that of a large nuclear power plant.