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  • 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.

  • Danske Commodities signs first battery storage asset in the UK

    Danske Commodities small

    /AARHUS, DENMARK, July 4, 2023, 9:30 GMT, Danske Commodities/ Energy trading company Danske Commodities announced today that it has signed a three-year optimisation agreement for the 25 MW battery storage asset, Blandford Road. The agreement marks Danske Commodities’ first battery storage customer in the UK, where the energy trader will utilise its fully automated algorithmic setup to maximise returns across wholesale and ancillary services markets. Under the agreement, Danske Commodities will provide market access, balancing and optimisation services for Blandford Road. The asset is owned by Equinor and is developed and operated by Noriker Power Limited, a British market leader in developing and operating energy assets, partly owned by Equinor (45% stake). Once operational, Blandford Road will have a capacity of 25 MW and help provide flexibility to intermittent power generation in the UK renewables market.

  • Europe Net Metering and Self-Consumption Solar Photovoltaic (PV) Market is Growing: Prosumers, BIPV, Energy Storage, Distributed Generation, Off-grid, Electric Vehicles, Trends, Investments, Forecast by 2030, Renewable Market Watch

    Europe Net Metering and Self Consumption Solar Photovoltaic PV Market Outlook 2020 2030 small

    /22nd March 2020, RENEWABLE MARKET WATCHTM/ The current levels of dependence on fossil fuels, the need of reducing the carbon emissions associated with energy use and the prospects of developing a new and highly innovative European technology sector make distributed solar photovoltaic energy generation increasingly attractive. To understand how we may unlock the self-generation potential, the analysis Europe Net Metering and Self-Consumption Solar Photovoltaic (PV) Market Outlook 2021 – 2030 has been conducted with primary research, interviews, first-class sources of information, case studies and desk research. Based on our findings, the study drew conclusions and recommendations on developing a more comprehensive policy and regulatory framework for residential and commercial prosumers. Today, renewable energy sources have become a significant contributor to the energy transition occurring in Europe. According to the EU Green Deal, substantial fossil fuel capacity needs faster decommissioning to ensure that the EU reduces carbon-intensive power plants by 2030. The rate of replacement of carbon-intensive energy sources by renewable energy to date has already resulted in GHG emissions reductions in the EU electricity sector. Residential and commercial prosumers installing rooftop and building-integrated (BIPV) solar photovoltaic systems and energy storage shall have a vital role in the European clean energy transition by 2030.

  • European Council with Proposal for Reduced VAT Rates on Certain Goods Including Solar PV Modules for Residential and Public Interest Use

    Europe Net Metering and Self Consumption Solar Photovoltaic PV Market Outlook 2020 2030 small

    /LONDON, December 7, 2021, 15:30 GMT, RENEWABLE MARKET WATCHTM/ The European Council reached an agreement on a proposal to update EU rules on value-added tax (VAT) rates. The new rules reflect member states’ current needs and the EU's present policy objectives, which have changed considerably since the old rules were put in place. The updates ensure member states are treated equally and give them more flexibility to apply reduced and zero VAT rates. The rules will also phase out preferential treatments for environmentally harmful goods. The current levels of dependence on fossil fuels, the need of reducing the carbon emissions associated with energy use and the prospects of developing a new and highly innovative European technology sector make distributed solar photovoltaic energy generation increasingly attractive. According to the EU Green Deal, substantial fossil fuel capacity needs faster decommissioning to ensure that the EU reduces carbon-intensive power plants by 2030. The rate of replacement of carbon-intensive energy sources by renewable energy to date has already resulted in GHG emissions reductions in the EU electricity sector. Residential and commercial prosumers installing rooftop and building-integrated (BIPV) solar photovoltaic systems and energy storage shall have a vital role in the European clean energy transition by 2030.

  • Fronius Energy Storage Solution for Solar PV Self-Generation

    Fronius Energy Package small

    /18th June 2018, RENEWABLE MARKET WATCHTM/ There is clear trend solar photovoltaic (PV) sector’s growth in Europe is moving towards self‑consumption and net metering according to recently published report Europe Net Metering and Self-Consumption Solar PV Market Outlook 2017 - 2026. According to industry analysts of Renewable Market Watch™, this trend may be expected to continue, as the EU administration is working to establish new more effective business and regulatory framework to stimulate distributed solar photovoltaic (PV) and other decentralized renewable energy sources. Along with the net metering and self-consumption solar PV market growth in Europe, Fronius present excellent and innovative energy storage solution. The goal of the Fronius Energy Package storage solution is to facilitate consumption of as much of the self-generated PV power as possible at source and store surplus energy for when it is needed.

  • Renewable Market Watch™ published a new report Titled "Europe Net Metering and Self-Consumption Solar Photovoltaic (PV) Market is Growing: Prosumers, BIPV, Energy Storage, Distributed Generation, Off-grid, EVs, Trends, Investments, and Forecast

    Europe Net Metering and Self Consumption Solar Photovoltaic PV Market Outlook 2020 2030 small

    /LONDON, October 22, 2021, 10:30 BST, RENEWABLE MARKET WATCHTM/ The current levels of dependence on fossil fuels, the need of reducing the carbon emissions associated with energy use and the prospects of developing a new and highly innovative European technology sector make distributed solar photovoltaic energy generation increasingly attractive. To understand how we may unlock the self-generation potential, the analysis Europe Net Metering and Self-Consumption Solar Photovoltaic (PV) Market Outlook 2021 – 2030 has been conducted with primary research, interviews, first-class sources of information, case studies and desk research. Based on our findings, the study drew conclusions and recommendations on developing a more comprehensive policy and regulatory framework for residential and commercial prosumers. Today, renewable energy sources have become a significant contributor to the energy transition occurring in Europe. According to the EU Green Deal, substantial fossil fuel capacity needs faster decommissioning to ensure that the EU reduces carbon-intensive power plants by 2030. The rate of replacement of carbon-intensive energy sources by renewable energy to date has already resulted in GHG emissions reductions in the EU electricity sector. Residential and commercial prosumers installing rooftop and building-integrated (BIPV) solar photovoltaic systems and energy storage shall have a vital role in the European clean energy transition by 2030.

  • Renewable Market Watch™ published a new report Titled "Europe Net Metering and Self-Consumption Solar Photovoltaic (PV) Market Outlook 2022 - 2031: Prosumers, BIPV, Energy Storage, Distributed Generation, Off-grid, EVs, Trends, Investments, and Forecast

    Europe Net Metering and Self Consumption Solar Photovoltaic PV Market Outlook 2020 2030 small

    /LONDON, October 11, 2022, 10:30 BST, RENEWABLE MARKET WATCHTM/ The current levels of dependence on fossil fuels, the need to reduce the carbon emissions associated with energy use and the prospects of developing a new and highly innovative European technology sector make distributed solar photovoltaic energy generation increasingly attractive. To understand how we may unlock the self-generation potential, the analysis Europe Net Metering and Self-Consumption Solar Photovoltaic (PV) Market Outlook 2022 – 2031 has been conducted with primary research, interviews, first-class sources of information, case studies and desk research. Based on our findings, the study drew conclusions and recommendations on developing a more comprehensive policy and regulatory framework for residential and commercial prosumers. Today, renewable energy sources have become a significant contributor to the energy transition occurring in Europe. According to the EU Green Deal, substantial fossil fuel capacity needs faster decommissioning to ensure that the EU reduces carbon-intensive power plants by 2030. The rate of replacement of carbon-intensive energy sources by renewable energy to date has already resulted in GHG emissions reductions in the EU electricity sector. Residential and commercial prosumers installing rooftop and building-integrated (BIPV) solar photovoltaic systems and energy storage shall have a vital role in the European clean energy transition by 2030.

  • Renewable Market Watch™ published a new report Titled "Europe Net Metering and Self-Consumption Solar Photovoltaic (PV) Market Outlook 2023 - 2032: Prosumers, BIPV, Energy Storage, Distributed Generation, Off-grid, EVs, Trends, Investments, and Forecast"

    Europe Net Metering Solar Photovoltaic Power Market Outlook 2023 2032 small

    /LONDON, January 25, 2023, 9:30 GMT, RENEWABLE MARKET WATCHTM/ The current levels of dependence on fossil fuels, the need to reduce the carbon emissions associated with energy use and the prospects of developing a new and highly innovative European technology sector make distributed solar photovoltaic energy generation increasingly attractive. EU energy ministers agreed at the end of November 2022 on the content of a Council Regulation for a temporary framework to accelerate the permit-granting process and the deployment of renewable energy projects. Reduction of permitting burden shall contribute to corporate PPAs, which are essential for the European Union (EU) to achieve energy independence and its REPowerEU targets. To understand how we may unlock the self-generation potential, the analysis Europe Net Metering and Self-Consumption Solar Photovoltaic (PV) Market Outlook 2023 – 2032 has been conducted with primary research, interviews, first-class sources of information, case studies and desk research. Based on our findings, the study drew conclusions and recommendations on developing a more comprehensive policy and regulatory framework for residential and commercial prosumers. Residential and commercial prosumers installing rooftop and building-integrated (BIPV) solar photovoltaic systems and energy storage shall have a vital role in the European clean energy transition by 2032.

  • Renewable Market Watch™ published a new report Titled “Europe Solar Photovoltaic (PV) Power Market Outlook by Segment (Residential, Commercial, Industrial and Utility) - Growth, Industry Analysis, Deals, Share, Size, Trends and Forecast 2023 – 2032”

    Europe Solar Photovoltaic Power Market Outlook 2023 2032 small

    /LONDON, February 15, 2023, 9:00 GMT, PRNewswire/ The growth of the European solar power market in 2022 has exceeded all expectations. The cumulative installed solar photovoltaic (PV) capacity in Europe reached 244.3GW at the end of 2022, which is an almost 23 per cent increase compared to 198.8GW at the end of 2021, according to the recently published study Europe Solar Photovoltaic (PV) Power Market Outlook 2023 ÷ 2032. Germany was the largest market in 2022, adding 7.9 GW of new capacity, followed by Spain (7.5 GW), Poland (4.9 GW), Netherlands (4 GW), and France (2.7 GW). In the EU-27 member states, the solar PV market scored an impressive increase in annual installed capacity by 47 per cent in 2022, from 28.1 GW in 2021 to 41.4 GW in 2022. Amarenco, Axpo, BayWa r.e., EDPR, Enel Green Power, ENGIE, Hanhwa Q-Cells, Huawei, Iberdrola, First Solar, Jinko, Lightsource bp, LONGi Solar, RWE, SMA and Total Eren, are among the key players in the market.

  • Renewable Market Watch™ Published New Report Titled “Europe Solar Photovoltaic (PV) Power Market Outlook by Segment (Residential, Commercial, Industrial and Utility) - Growth, Industry Analysis, Deals, Share, Size, Trends and Forecast 2024 – 2033”

    Europe Solar Photovoltaic Power Market Outlook 2023 2032 small

    /LONDON, March 5, 2024, 9:00 GMT, RENEWABLE MARKET WATCHTM/ The growth of the European solar power market in 2023 had a remarkable performance. The annual installed capacity solar photovoltaic (PV) capacity in Europe reached 307 GW at the end of 2023, which is a 24 per cent increase compared to 247.6 GW at the end of 2022, according to the recently published study Europe Solar Photovoltaic (PV) Power Market Outlook 2024 ÷ 2033. Germany was again the largest market in 2023, adding a record 14.1 GW of new capacity, followed by Spain (8.22 GW), Poland (4.6 GW), Netherlands (4.5 GW), and Italy (4.9 GW). In the EU-27 member states, the solar PV market scored the best solar year in history with growth in annual installed capacity by 40 per cent in 2023, from 40 GW in 2022 to 56 GW in 2023.

  • Renewable Market Watch™ Published New Update of the Report "Europe Net Metering and Self-Consumption Solar Photovoltaic (PV) Market Outlook 2023 - 2032: Prosumers, BIPV, Storage, Distributed Generation, Off-grid, EVs, and Forecast"

    Europe Net Metering Solar Photovoltaic Power Market Outlook 2023 2032 small

    /LONDON, September 25, 2023, 8:30 BST, RENEWABLE MARKET WATCHTM/ The current levels of dependence on fossil fuels, the need to reduce the carbon emissions associated with energy use and the prospects of developing a new and highly innovative European technology sector make distributed solar photovoltaic energy generation increasingly attractive. EU energy ministers agreed at the end of November 2022 on the content of a Council Regulation for a temporary framework to accelerate the permit-granting process and the deployment of renewable energy projects. Reduction of permitting burden shall contribute to corporate PPAs, which are essential for the European Union (EU) to achieve energy independence and its REPowerEU targets. To understand how we may unlock the self-generation potential, the latest update of the analysis Europe Net Metering and Self-Consumption Solar Photovoltaic (PV) Market Outlook 2023 – 2032 has been conducted with primary research, interviews, first-class sources of information, case studies and desk research. Based on our findings, the study drew conclusions and recommendations on developing a more comprehensive policy and regulatory framework for residential and commercial prosumers. The top 5 markets for net metering and self-consultion solar power are Germany, Italy, the Netherlands, France and the UK. Residential and commercial prosumers installing rooftop and building-integrated (BIPV) solar photovoltaic systems and energy storage shall have a vital role in the European clean energy transition by 2032.

  • Renewable Market Watch™ Published New Update of the Report “Europe Solar Photovoltaic (PV) Power Market Outlook by Segment (Residential, Commercial, Industrial and Utility) - Growth, Industry Analysis, Deals, Share, Size, Trends and Forecast 2023 – 2032”

    Europe Solar Photovoltaic Power Market Outlook 2023 2032 small

    /LONDON, September 5, 2023, 9:00 BST, RENEWABLE MARKET WATCHTM/ The growth of the European solar power market in 2022 has exceeded all expectations. The cumulative installed solar photovoltaic (PV) capacity in Europe reached 244.3GW at the end of 2022, which is an almost 23 per cent increase compared to 198.8GW at the end of 2021, according to the recently published study Europe Solar Photovoltaic (PV) Power Market Outlook 2023 ÷ 2032. Germany was the largest market in 2022, adding 7.9 GW of new capacity, followed by Spain (7.5 GW), Poland (4.9 GW), Netherlands (4 GW), and France (2.7 GW). In the EU-27 member states, the solar PV market scored an impressive increase in annual installed capacity by 47 per cent in 2022, from 28.1 GW in 2021 to 41.4 GW in 2022. Amarenco, Axpo, BayWa r.e., EDPR, Enel Green Power, ENGIE, Hanhwa Q-Cells, Huawei, Iberdrola, First Solar, Jinko, Lightsource bp, LONGi Solar, RWE, SMA and Total Eren, are among the key players in the market.

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