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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.

  • Agricultural Work Started at 54 MWp Photovoltaic (PV) Park Alhendín of BayWa r.e. in Spain

    /MUNICH, GERMANY, December 12, 2024, 10:00 CET, BayWa r.e./ BayWa r.e. is pleased to announce that agricultural work recently has commenced at Alhendín solar park, combined with environmental and community measures. Thanks to an innovative PPA agreement with the VELUX Group, this flagship 54 MWp-photovoltaic (PV) park in the South of Granada, Spain integrates renewable electricity production, agriculture and biodiversity. Alhendín began delivering electricity to the local power grid in May of this year. The solar park includes an Agri-PV system that combines energy generation with agricultural production, allowing modern farming machinery to pass between the solar panel rows. It is the first Agri-PV installation that BayWa r.e. has built in Spain.

  • Ameresco Sunel Energy SA Will Build a 560 MWp Enipeas Solar Project in Greece for Lightsource bp

    /LONDON, July 26, 2024, 10:00 BST, RENEWABLE MARKET WATCHTM/ Ameresco Sunel Energy SA has announced its recently signed agreement to construct Lightsource bp's giant 560 MWp Enipeas solar project in Greece. This flagship project, one of the largest solar assets in Europe, is a testament to the joint venture's commitment to advancing the Greek solar energy sector. Its sheer scale and ambition will impress and inspire everyone involved in Greece's renewable energy sector.

  • 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. 

  • Asterion Industrial Partners Acquires Energy Utility STEAG in a Deal Worth Around €2.6 Billion

    /ESSEN/MADRID, August 25, 2023, 08:05 CET, Asterion Industrial Partners/ Asterion Industrial Partners, an independent investment management firm focused on European infrastructure, has signed a purchase agreement for the acquisition of the energy utility STEAG from the consortium Kommunale Beteiligungsgesellschaft (KSBG), which represents the municipal utilities of the cities of Dortmund, Duisburg, Bochum, Essen, Oberhausen, and Dinslaken. The transaction values STEAG at an enterprise value of around €2.6 billion.

  • 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..

  • BayWa r.e. Completed the Construction of the Tarquinia Solar Photovoltaic Power Plant in Italy with an Installed Capacity of 51.4 MWp.

    /MUNICH, GERMANY, October 8, 2024, 11:00 CET, BayWa r.e./ BayWa r.e. is pleased to announce the completion of the Tarquinia solar park in Italy with an installed capacity of 51.4 MWp. The plant consists of more than 94,000 fixed solar modules providing electricity from renewable sources to more than 35,000 households. BayWa r.e. acted as the general contractor and developer of the project, managing not only the development of the park and all the authorisation phases, but also its construction and the installation of the photovoltaic (PV) panels. With work now complete, BayWa r.e. will be responsible for the operation and maintenance (O&M) of the solar farm.

  • Better Energy and Andel Join Forces to Build 15 Solar Energy Parks with a Power Capacity of up to 2 GWp

    /COPENHAGEN, January 9, 2024, 11:00 CET, Better Energy, Andel/ Andel and Better Energy have entered a joint partnership with the aim to construct 15 energy parks in Denmark between 2024 and 2028. Each partner will own 50% of the completed portfolio, with Better Energy managing the parks' development, construction and technical operation. The two companies have also outlined joint ambitions for energy storage and nature and biodiversity initiatives within the portfolio.

  • 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).

  • Bulgaria Announced Two Tenders for Solar Photovoltaic (PV) Technology and Energy Storage Facilities with a Combined Budget of €273.6 Million

    /LONDON, March 14, 2024, 11:00 GMT, RENEWABLE MARKET WATCHTM/ The Ministry of Energy of the Republic of Bulgaria has announced two requests for proposals for tender participation to support new renewable electricity generation and energy storage capacity under the National Recovery and Resilience Plan (RRP). These procedures are implemented under Investment 6, "Support for new capacities for electricity production from renewable sources and electricity storage" (C4.I6) of the RRP of the Republic of Bulgaria.

  • Burger King Restaurants Signed a Corporate PPA for 1,500 GWh of Electrical Energy with Iberdrola

    /MADRID, July 11, 2024, 10:00 CEST, Iberdrola/ This new agreement will allow Iberdrola to supply the restaurant chain with a total of 1,500 Gigawatt hours (GWh) of photovoltaic (PV) energy, contributing to accelerating Burger King's path towards decarbonisation and increasing its energy security.

  • 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. 

  • Czech Republic Solar Photovoltaic (PV) Power Market: Outlook 2024 - 2033 - Trends, Forecasts, Investments, Opportunities, Analysis

    /LONDON, August 5, 2024, 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 2024 ÷ 2033. 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 10,495,295 at the end of 2023, and 73.5 % of the population is urban (7,371,120 people in 2023). The total land area is 77,240 Km2 (29,823 sq. miles). Renewable Market Watch™ registered that after a decade-long stagnation in the solar photovoltaic market in the Czech Republic since 2020, the small-scale residential and commercial segment activity 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.

  • Enery Launched into Commercial Operation its Largest Solar PV Power Plant in Tsenovo, Bulgaria, with an Installed Capacity of 113 MWp

    /TSENOVO, BULGARIA, October 15, 2024, 9:30 CEST, RENEWABLE MARKET WATCHTM/ Enery, a leading renewable energy solutions provider, announces the official opening of its largest solar power plant in Tsenovo Municipality, North Bulgaria. The Tsenovo Solar Plant expands the company’s portfolio with an additional 113 MWp (80 MWac), contributing to the region’s decarbonization. Located across several sites, the solar park spans over 140 hectares of land. The facility has 191,282 solar modules and can generate 177 GWh of clean electricity annually. This is equivalent to powering more than 48,000 households and cutting CO2 emissions by an impressive 80,528 tonnes yearly..

  • European Bank for Reconstruction and Development (EBRD) Supports the Tsenovo Solar Photovoltaic Power Plant of Enery Development in Bulgaria with a Guarantee of up to EUR 25 Million for a Loan Provided by UniCredit Bulbank

    /LONDON, February 7, 2024, 9:00 GMT, EBRD, RENEWABLE MARKET WATCHTM/ The loan from UniCredit Bulbank will be used for the construction and entry into commercial operation of one large-scale solar PV power plant in northeastern Bulgaria with 112.5 MW capacity, which will be connected to the national transmission system network with a 20 kV/110 kV substation. Enery Development is the project sponsor of the Tsenovo Solar Photovoltaic Power Plant. The company, which is headquartered in Austria, operates 273 MW of renewable energy plants across central and eastern Europe. The Three Seas Initiative Investment Fund supports Enery's investment pipeline.

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