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  • 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

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    /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.

  • Asia Solar PV Market to Continue its Growth in 2016

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    /21st June 2016, RENEWABLE MARKET WATCHTM/ Solar PV power is one of the fastest-growing sources of energy in the world, as demand grows for energy security and independence, driving governments to develop reliable renewable power sources. Green laws have been implemented across Asia between 2008 and 2015 and can dramatically change the power and energy market sizes in this region according to Asia Photovoltaic Market: Outlook 2016÷2025 released by the RENEWABLE MARKET WATCHTM, a global provider of cleantech research and analyses about emerging markets. Economic growth in Asia maintains a steady pace. Gross domestic product (GDP) in the region is forecast to expand by 5.3 % in 2016. Several Asian countries experience energy shortages and alternative energy sources are increasingly important to fulfil local energy demands. 

  • Aukera Signs a Joint Development Agreement with Securenergy for a solar photovoltaic (PV) portfolio acquisition of 1,000 MW in Germany

    /BRUSSELS, September 30, 2022, 10:00 BST, Aukera/ Aukera BV to acquire a solar PV portfolio of projects under development across Germany with an initial 1,000 MW of total capacity from securenergy solutions AG. securenergy will be responsible for the development of the projects, which Aukera intends to build, own, and operate as part of its strategy. The agreement has been structured as a Joint Venture. Aukera is seeking to expand its presence in Germany and aims to consolidate its position in the renewable energy sector, across solar PV, onshore wind, and storage, with further acquisitions..

  • Boost in New Solar PV Capacity Installations in Lithuania under Improved Net Metering Scheme

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    /26th February 2018, RENEWABLE MARKET WATCHTM/ Lithuania’s new government supports renewable energy and intends approximately 200 MW of new residential and commercial solar photovoltaic (PV) capacity under an improved net metering scheme to be installed in Lithuania over the next three years. In Lithuania, renewable electricity generation plants with the total installed capacity of up to and including 10 kW are promoted through a sliding feed-in premium, i.e. the difference between the guaranteed tariff and the sale price for electricity generated from RES. This price shall not be lower than the average market price of the previous month. It shall be calculated according to the procedure set by the NCC (Chapter III Art. 20 Par. 2 and 14 Law on Energy from Renewable Sources).

  • Czech Republic Solar Photovoltaic (PV) Power Market: Outlook 2021 - 2030 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /LONDON, August 19, 2021, 9:30 BST, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the photovoltaic sector of the country for the next long term period 2020 ÷ 2030. The Czech Republic is a landlocked country in Central Europe. The country is bordered by Poland to the north, Germany to the west, Austria to the south and Slovakia to the east. Its capital and largest city, with 1.3 million inhabitants, is Prague. The Czech Republic includes the historical territories of Bohemia and Moravia and a small part of Silesia. The population of the Czech Republic is 10,732,476 at the end of 2020, and 73.5 % of the population is urban (7,875,268 people in 2020). The total land area is 77,240 Km2 (29,823 sq. miles). Renewable Market Watch™ registered that after a 6-year stagnation in the solar photovoltaic market in the Czech Republic since 2018, the activity in the small scale residential and commercial segment increased. 

  • Czech Republic Solar Photovoltaic (PV) Power Market: Outlook 2022 - 2031 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /LONDON, August 10, 2022, 9:30 BST, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the photovoltaic sector of the country for the next long-term period from 2022 ÷ 2031. The Czech Republic is a landlocked country in Central Europe. The country is bordered by Poland to the north, Germany to the west, Austria to the south and Slovakia to the east. Its capital and largest city, with 1.3 million inhabitants, is Prague. The Czech Republic includes the historical territories of Bohemia and Moravia and a small part of Silesia. The population of the Czech Republic is 10,732,476 at the end of 2020, and 73.5 % of the population is urban (7,875,268 people in 2020). The total land area is 77,240 Km2 (29,823 sq. miles). Renewable Market Watch™ registered that after a 6-year stagnation in the solar photovoltaic market in the Czech Republic since 2018, the activity in the small-scale residential and commercial segment increased. 

  • Czech Republic Solar Photovoltaic (PV) Power Market: Outlook 2023 - 2032 - Trends, Forecasts, Investments, Opportunities, Analysis

    /LONDON, January 19, 2023, 9:30 GMT, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the photovoltaic sector of the country for the next long-term period from 2023 ÷ 2032. The Czech Republic is a landlocked country in Central Europe. The country is bordered by Poland to the north, Germany to the west, Austria to the south and Slovakia to the east. Its capital and largest city, with 1.3 million inhabitants, is Prague. The Czech Republic includes the historical territories of Bohemia and Moravia and a small part of Silesia. The population of the Czech Republic is 10,352,284 at the end of 2022, and 73.5 % of the population is urban (7,326,511 people in 2022). The total land area is 77,240 Km2 (29,823 sq. miles). Renewable Market Watch™ registered that after a 6-year stagnation in the solar photovoltaic market in the Czech Republic since 2018, the activity in the small-scale residential and commercial segment increased. 

  • Econergy Enters Greek Renewable Energy Market with 460MW Solar Photovoltaic (PV) Portfolio Agreement

    /LONDON, April 20, 2022, 15:00 BST, Econergy/ Econergy Renewable Energy, a leading investor, developer and operator in renewable energy projects across Europe, has entered a partnership with Terna Energy, a company listed on the Athens Stock Exchange. The partnership will see Econergy develop and construct a solar portfolio with a capacity of 460MW as part of a new pipeline of projects in the Greek market.

  • Endesa has Opened Three New Solar Photovoltaic (PV) Power Plants in Manzanares, Spain

    /MADRID, December 29, 2022, 13:45 GMT, EGPE, Endesa/ Endesa's renewable subsidiary, EGPE, has recently opened the Calatrava I, Ninobe 3 and Ibereléctrica I solar plants, located in Manzanares (Ciudad Real) and is continuing to develop projects that combine renewable production and the creation of social value.

  • FuturaSun Plans to Build 2 GW Solar PV Module Factory in Padua, Italy

    /ROME, March 9, 2023, 10:00 GMT, FuturaSun/ FuturaSun, has acquired a 24,000 sqm plot of land in the industrial area of Cittadella (Padua) to establish a new Italian Gigafactory. The facility will reach a 2 GW/year production capacity of high-efficiency photovoltaic modules manufactured using the most innovative technologies. The company relaunches the European photovoltaic supply chain with a new centre dedicated to developing and producing PV modules.

  • German Company Profine Energy GmbH has Officially Confirmed its Interest in Investment Large-scale Floating Solar Photovoltaic (PV) Project in Bulgaria with a Capacity Between 0.5GWp and 1.5GWp

    /SOFIA, December 20, 2022, 10:00 GMT, Profine Energy, RENEWABLE MARKET WATCHTM/ The German company Profine Energy GmbH, representatives of which visited our country in early November to explore the possibilities of launching a project in Bulgaria, has officially confirmed its interest in a large-scale investment in the construction of a floating solar park in Northwestern Bulgaria. This happened today during a meeting between the Minister of Economy and Industry Nikola Stoyanov, the CEO of the “State Consolidation Company” EAD Ventsislav Dimitrov and the owner of the German company Dr. Peter Mrosik.

  • Hungary to Increase Solar Photovoltaic (PV) Capacity

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    /17th January 2018, RENEWABLE MARKET WATCHTM/ The Hungarian Government is willing to establish a sustainable energy economy in all aspects, where beside environmental and social sustainability, cost-effectiveness also prevails. The expansion of renewable energy systems can help to decentralize our power supply system, and it opens up new directions of development such as a smart grid system. Hungary imports nowadays approximately 30% of its power. In the meantime, 50% of the country’s power is generated from a single nuclear plant (Paks Nuclear Power Plant). János Lázár, the minister heading the Prime Minister’s Office announced in the middle of December 2017, the government’s plans to minimize Hungary’s energy imports in the next 10-20 years. He said Hungary should cover one half of the country’s total demand from the upgraded Paks Nuclear Power Plant, and the other half from solar photovoltaic (PV) power plants.

  • Iberdrola has been Awarded Four Agrovoltaic Projects with a Total Capacity of 12 MW in France

    /LONDON, January 27, 2023, 11:35 GMT, Iberdrola/ Iberdrola has been awarded four agrovoltaic projects with a total capacity of 12 megawatts (MW) in the renewable energy innovation tenders launched by the French Ministry of Energy Transition. As a prerequisite and priority, the projects focus on innovation criteria, care for the environment and improvement of agriculture and livestock farming on the land on which they are implemented while maximising electricity production takes second place. Innovation that contributes to normalising the coexistence of the energy and agricultural sectors.

  • Is the Belarus Solar PV Market Ready to Take Off?

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    /14th September 2016, RENEWABLE MARKET WATCHTM/ The main priority of energy policy and strategy of Belarus according to Belarus Photovoltaic Market: Outlook 2016 ÷ 2025 released by the RENEWABLE MARKET WATCHTM, is to reduce dependence on energy imports and to improve the financial stability of the sector. For this reason, renewable energy and energy efficiency have been selected as priority sectors to implement the well balanced sustainable energy policy of the country. On 1st March 2016, the government approved the “Comprehensive Development Plan for the Electricity Sector to 2025 and Beyond”, allowing the necessary changes in the regulatory and technical framework. The plan also includes allowances for network rehabilitation and development, as well as tariff subsidy phase-out. On 6th April 2016, a new “Energy Efficiency and Energy Savings Plan for 2016-2020” came into force.

  • Largest Solar PV Power Plant in Belarus with 22 MWp capacity has been commissioned

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    /25th August 2016, RENEWABLE MARKET WATCHTM/ Belarusian mobile operator Velcom informed about the opening of the largest solar PV power plant in the country till the moment. It is located Bragin in the southern part of Belarus. This solar PV power plant has 22 MWp capacity and covers an area of more than 41 ha and with 85,000 solar PV modules delivered by Chinese solar manufacturer Risen Energy Co Ltd. This solar project represents an excellent example of how the land contaminated by the Chernobyl accident can be used to generate clean power. Approximately €24 million ($ 26.4 million) have been invested in the project. The main priority of energy policy and strategy in Belarus according to CIS Countries Photovoltaic Market: Outlook 2016÷2025 released by the RENEWABLE MARKET WATCHTM, is to provide a reliable and sustainable energy supply for the national economy while reducing dependence on energy imports and improving the financial stability of the sector. Both renewable energy and energy efficiency have been identified as priorities to achieving these aims; however, most of the energy sector change will be due to a new planned nuclear power station, expected to become partially operational by 2020.

  • Lithuanian Floating Solar PV Power Plant in Kruonis PSHP Receives Funding

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    /20th March 2019, RENEWABLE MARKET WATCHTM/ Experimental floating photovoltaic solar power plant project in Kruonis pumped-storage hydroelectric power plant (PSHP), developed by Lithuanian state-owned enterprise Lietuvos Energijos Gamyba has received funding from the Lithuanian Business Support Agency (LBSA). The total amount of 235,000 EUR has been granted. LBSA, together with the Ministry of the Economy and Innovation has decided to fund the project after considering 139 applications, 91 of which received grants. The floating solar power plant project has been rated among the best applications. Lietuvos energijos gamyba is developing the project together with the scientists from Kaunas University of Technology (KTU).

  • New Update of the State Energy Concept of the Czech Republic in Accordance of the EU's Climate and Energy Targets

    /LONDON, January 14, 2022, 10:30 GMT, RENEWABLE MARKET WATCHTM/ By the end of 2023, the Ministry of Industry and Trade will prepare an update of the State Energy Concept of the Czech Republic with regard to the EU's climate and energy goals. The government's program statement also envisages the rehabilitation of photovoltaics as an important key resource. By 2025, at least one hundred thousand solar photovoltaic roofs should be set up in the Czech Republic. The Green Savings program will also continue.

  • NextEnergy Capital Announced 132MWp Solar PV Projects and 400MW Battery Storage Acquisitions in Greece

    /LONDON, January 10, 2023, 11:30 GMT, NextPower III ESG/ NextPower III ESG (“NPIII ESG”), the international OECD private solar fund managed by NextEnergy Capital (“NEC”), is delighted to announce its first strategic solar and battery storage acquisitions in Greece. The acquisitions include six utility-scale solar PV projects totalling 132MWp, and a majority in six standalone battery storage projects totalling 400MW.

  • NextEnergy Group Announces its New Renewable Development Division “Starlight” with a 5GW Global Pipeline

    /LONDON, March 11, 2022, 10:00 GMT, NextEnergy Group/ NextEnergy Group, a leading player in the global solar sector, is pleased to introduce Starlight, a new company within the NextEnergy Group focused on renewable asset development globally. Since 2008 the NextEnergy Group has developed over 100 utility-scale solar plants with an installed capacity in excess of 2GW, significantly contributing to global climate change mitigation. Starlight has been established to capture, consolidate and rapidly expand the Group’s renewable energy project development experience and presence.

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