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  • The European Alliance for a Green Recovery is Launched

    /18th May 2020, SolarPower Europe/ At the initiative of Pascal Canfin, Chair of the Environment Committee at the European Parliament, 180 political decision-makers, business leaders, trade unions, NGOs, and think tanks have come together to form a European Alliance for a Green Recovery. In the face of the coronavirus crisis, the biggest challenge Europe has faced in peacetime, with devastating consequences and a shock to the economy tougher than the 2008 crisis, Ministers from 11 countries, 79 cross-party MEPs from 17 Member States, 37 CEOs, 28 business associations representing 10 different sectors, trade union confederation representing members from 90 national trade union organisations and 10 trade union federations, 7 NGOs and 6 think tanks, have committed to working together to create, support and implement solutions to prepare our economies for the world of tomorrow.

  • The European Commission Published the List of Members of the Platform on Sustainable Finance

    /5th October 2020, The European Commission, RENEWABLE MARKET WATCHTM/ In response to a call for applications on 18 June 2020, the Commission selected 50 members and 10 special observers on the basis of their environmental, sustainable finance or social/human rights expertise. At the beginning of this month, the European Commission published the list of members of the Platform on sustainable finance. The platform will advise the Commission on the development of technical screening criteria for the EU taxonomy, and policy development, amongst other things, as required by the taxonomy Regulation.

  • The European Commission Raises Climate Ambition and Proposes 55% Cut in Emissions by 2030

    /18th September 2020, The European Commission, RENEWABLE MARKET WATCHTM/ The European Commission presented today its plan to reduce EU greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels. This level of ambition for the next decade will put the EU on a balanced pathway to reaching climate neutrality by 2050. The new target is based on a comprehensive Impact Assessment of the social, economic and environmental impacts. The Assessment demonstrates that this course of action is realistic and feasible. This raised ambition also underlines the EU's continued global leadership, ahead of the next UN climate conference (COP26).

  • The European Solar Initiative (ESI) Launched by SolarPower Europe and EIT InnoEnergy

    /3rd March 2021, SolarPower Europe/ SolarPower Europe and EIT InnoEnergy launched the European Solar Initiative (ESI), with the support of EU Energy Commissioner Kadri Simson, EU Internal Market Commissioner Thierry Breton, and French Minister Delegate for Industry Agnès Pannier-Runacher. The ESI aims to accelerate Europe’s climate agenda and economic recovery, contributing to the delivery of the European Green Deal’s objectives.

  • The Rise of the European Corporate Renewable PPA Market

    Europe Corporate PPA small

    /12th June 2019, RENEWABLE MARKET WATCHTM/ Worldwide, renewable energy producers are entering into power purchase agreements (PPAs) with corporate entities thanks to the falling price of renewable power. Companies from diverse geographies and industries in Europe are entering this market at a rapid pace, according to the recently published study ’Europe Corporate Renewable PPA Market Report 2018 ÷ 2027’. To accelerate the deployment of renewable energy capacity, corporate energy buyers, and renewable energy suppliers have to explore the benefits and risks associated with entering the corporate PPA market. The size and frequency of deals have increased quickly in recent years, and over 14 GW of corporate renewable PPAs have been signed worldwide to date. Furthermore, corporate procurement of renewable energy is making a sizeable contribution to energy and climate objectives. In the EU, this business model has yet to live up to its potential compared to other regions of the world, particularly the US, where corporate procurement of renewable energy during 2018 represents over 8.5 GW.

  • Trina Solar introduces the 670W Vertex Module with up to 21.6% efficiency

    /11th March 2021, Trina Solar/ Trina Solar Co., Ltd., a leading global solar photovoltaic (PV) and smart energy total solution provider, today officially unveiled a new generation of ultra-high power Vertex modules with a single panel power of up to 670W. The series has obtained the IEC certification from TÜV Rheinland after passing complete reliability tests, and realized mass production. This marks an even higher milestone in the PV 6.0 era and demonstrates that 600W+ is unstoppable in the future.

  • Turkey Solar Photovoltaic (PV) Power Market: Outlook 2020 - 2030 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /17th June 2020, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable long-term overview of the country's photovoltaic sector for the next long term period 2020 ÷ 2030. Turkey has the sixth-largest electricity market in Europe and one of the fastest-growing in the world. Because of cuts in FIT’s announced in Germany, Spain, France, UK, Czech Republic, Slovakia, Bulgaria and Italy after 2012, Turkey represents interesting investment environment in South-East Europe with excellent solar irradiation.

  • UK Launches Research into Space-based Solar Power Station

    /18th November 2020, Priyanka Shrestha, Energy Live News/ The UK has launched research into whether solar power in space could offer the potential for an unlimited and constant zero carbon source, backed by the government and the Space Agency. The government is commissioning the project into space-based solar power (SBSP) systems that would use very large solar satellites to collect renewable energy, convert it into radio waves and safely beam it back to ground-based receivers connected to the electric grid..

  • Ukraine Renewable Energy Power Market: Outlook 2020 - 2030 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /21st December 2020, RENEWABLE MARKET WATCHTM/ The technical and economic potential for clean power generation from solar PV, wind, and bioenergy in Ukraine is considerable. Broader development of renewable energy would also play an essential role in existing policy goals of reducing the dependency on imported natural gas and diversification of the more secure energy supply. Ukrainian solar and wind power sectors scored remarkable progress between 2012 and 2020. 

  • Unlocking the Full Potential of Solar PV in the Balkans High-level Summit to Highlight the Many Renewable Opportunities in the Region

    /LONDON, November 14, 2022, 11:15 GMT, SolarPlaza, RENEWABLE MARKET WATCHTM/ The massive solar potential of the Balkans is ready to be unlocked. With nearly 2 GW of installed PV capacity, and over 26 GW of realistic market potential, stellar growth is forecasted for the region in the near future. The Solarplaza Summit Balkans - hosted in Zagreb, Croatia - will unite, connect and inspire regional and international PV professionals to help accelerate the sustainable energy transition in the Balkans. Renewable Market Watch™ is a media partner of the event.

  • €500 Million EU Funding Available for Cross-Border Energy Infrastructure

    /11th June 2018, EU Commission, RENEWABLE MARKET WATCHTM/. Following the 2018 CEF Energy Work Programme's adoption in March 2018, the second call for energy proposals under the Connecting Europe Facility (CEF) for 2018 has opened today. The European Commission will release €500 million of funding for energy infrastructure projects that plan to strengthen the EU's internal energy market, enhance energy supply security, and help provide clean, sustainable energy for Europe.

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