/26^th February 2021, SolarPower Europe, RENEWABLE MARKET WATCH^TM/ 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.

/18^th June 2018, RENEWABLE MARKET WATCH^TM/ 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.

/6^th 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.

/LISBON, December 20, 2021, Lightsource bp/ Global solar developer Lightsource bp and Portuguese gas utility Dourogás have agreed a unique green hydrogen joint venture to invest in solar and hydrogen infrastructure in Portugal. The partnership will explore the potential of eight green hydrogen sites. As much as 200MWp of solar projects developed by Lightsource bp will power 130MW electrolysers, developed by Dourogás, that will convert water to green hydrogen and oxygen. 

/27^th July 2021, RENEWABLE MARKET WATCH^TM/ 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.

/9^th 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.