• Net Metering and Self-Consumption Solar PV Market Development in Cyprus

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    /26th March 2018, RENEWABLE MARKET WATCHTM/ Cyprus is located at the Eastern Basin of the Mediterranean Sea with a subtropical climate. With an area of 9,251 km² and coordinates at 35°N and 33°E, Cyprus lies at the crossroads of Europe, Africa and Asia at the crux of the busy shipping and air routes linking the three continents. The solar irradiation in Cyprus is one of the highest in Europe with more than 320 days of the year considered sunny. Meteorological measurements showed that the annual solar irradiation is approximately 2,002 kWh/m² with a standard deviation of 32 kWh/m². According to Photovoltaic Geographical Information System (PVGIS), measurements taken from crystalline PV systems with inverter efficiency 96 %, showed an average annual yield of 1,672 kWh/kWp. The rapid decline on solar PV  technology costs, the attractive efficiency increase on  PV  modules available for the residential sector and European Parliament public policies on energy to address the climate change issue have substantially increased the number of consumers that have decided to start producing energy under net metering and self-consumption solar support schemes in Cyprus.

  • Net Metering Cumulative Solar PV Capacity in Ukraine is 121 MW at the end of Q3 2018

    Cyprus Net Metering small

    /31st October 2018, RENEWABLE MARKET WATCHTM/ Decline in solar PV equipment costs in the past few years, the attractive efficiency increase on PV modules available for the residential sector and state support on renewable energy to address the climate change issues have substantially increased the number of consumers producing energy under net metering and self-consumption solar support schemes in Ukraine. The State Agency for Energy Efficiency and Energy Saving of Ukraine (SAEE) has reported that over 3,000 households have installed residential solar photovoltaic (PV) installations, which is 2.5 times more than in the same period in 2017 (1,214 households). Regarding the solar radiation, Ukraine is placed in the European zone in category “B”. Ukraine has a large potential market for solar energy projects. The size of solar radiation reaches from 800 to 1,450 W/m² per year. According to the intensity of solar radiation Ukraine can be divided into 4 regions: West, Central, South-East and South. The average amount of solar energy received annually in Ukraine is about 1,200 kWh/m2.

  • Belgium Solar Photovoltaic (PV) Power Capacity Exceeded 6 GW in 2020 - Trends, Investments, Forecast, COVID-19 Impact, Renewable Market Watch

    Belgium Solar Photovoltaic PV Power Market Outlook 2020 2030 Small

    /26th February 2021, SolarPower Europe, RENEWABLE MARKET WATCHTM/ Belgium recorded its best year for new installations as cumulative installed solar photovoltaic capacity exceed 10 GW at the end of 2020. A study conducted by Ecofys, suggests that Belgium could set a renewable energy target between 22,5% and 27,2%. The association recommends an objective at 25% renewables minimum. Solar photovoltaic (PV) power in Belgium had a strong performance in 2020 despite the negative health, social and economic effects of the COVID-19 (Coronavirus) pandemic, revealed the recent update of Europe Solar Photovoltaic (PV) Power Market Outlook: 2021 ÷ 2030.  Each of Belgium’s three regions has its own regulatory framework for solar and renewable energy. The country has the potential to reach 18 GW of solar capacity by 2040, according to the grid operator Elia. Solar PV developments have very good prospects in Belgium as solar technology costs are going down.

  • Lightsource BP Acquires Three Solar Photovoltaic (PV) Projects in Italy with a Capacity of 156 MWp

    /6th May 2021, Lightsource bp/ in Italy, Lightsource bp continues to boost its utility-scale solar portfolio by acquiring three projects from Horizon Firm, a trusted developer specialized in solar, totalling 156MWp across the country. Two of the projects are based in Sicily, in a low solar plant massification density area, in the province of Agrigento: the Canicattì project (40.9 MWp) and the Torre di Mastro project (58.2 MWp). The third project, Manfredonia (57.4 MWp), based in Apulia, will be developed as an Agri-PV with the aim of virtuously integrating agriculture and renewable energy. These projects cast light upon the two regions’ strategic roles for the development of RES in line with the national objectives of energy production and decarbonisation.

  • R.Power to Receive a Syndicated Bank Loan of EUR 53 Million to Construct 91 MWp of Solar Photovoltaic (PV) Projects in Poland

    /27th July 2021, RENEWABLE MARKET WATCHTM/ The well-established Polish solar project developer R.Power announced that it would receive a Syndicated Bank Loan of approximately EUR 53 Million to construct 91 MWp of Solar Photovoltaic (PV) Projects in Poland. BNP Paribas Bank Polska and Santander Bank Polska signed the financing agreement with R.Power, and these two banks will split the loan amount equally. The company will use the loan to build seven solar photovoltaic (PV) power plants in Poland. These solar projects are part of the 299 MW portfolio that R.Power won on Polish RES auctions earlier this year.

  • Self-Consumption Solar PV Systems Easier for Installation in Castilla-La Mancha Region of Spain Due to the Efforts of the Spanish Photovoltaic Union (UNEF)

    /9th March 2021, UNEF/ The Spanish Photovoltaic Union (UNEF) has managed to get Castilla-La Mancha to approve the adaptation of the regional urban planning laws regarding the self-consumption solar PV systems. These facilities are treated through prior communication, which considerably speeds up administrative processing. With this, it would already be more than half the Autonomous Communities that have eliminated this administrative barrier to self-consumption solar PV systems and, therefore, streamlined the approval processes.

  • Solar Energy Market State in Italy

    /16th January 2018, RENEWABLE MARKET WATCHTMItaly nowadays is among leading renewable power producers in Europe. The solar photovoltaic (PV) technology has the largest stake compared to other renewable energy technologies in Italy. Reasons behind the domination of solar PV energy in Italy are favourable geographic location of the country and Italian government support system Conto Energia for solar PV projects, which started in 2005 as a strategy to meet renewable energy targets set out in the EU Directive 2001/77/EC (European Parliament and Council of European Union 2001).

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