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  • Big Rush for Solar Photovoltaic Installations in Estonia

    Estonia Solar Small

    /3rd April 2019, RENEWABLE MARKET WATCHTM/ Estonia is the second-largest emitter of CO2 per capita in the European Union and by far the most carbon-intensive economy among the OECD countries. The reason for that is oil shale, a sedimentary rock that has been mined in Estonia for electricity generation since the fifties and, since recently, has also been used for liquid diesel fuel production. Over 90 per cent of Estonia’s CO2 emissions come from burning oil shale for electricity, and oil shale contributes significantly to other pollution and waste levels in the country. The high concentrations of pollutants create health problems for local people: children living in the oil shale area have more respiratory diseases and are projected to live four years less on average. The country’s energy development plan 2030 commits to reducing the number of early deaths resulting from pollution by 50 per cent by 2030. With the rising CO2 prices, electricity production is getting very expensive and new renewable energy sources are taking over the market. Solar energy is booming in Estonia and is expected to intensify after 2020 due to near-zero energy buildings' requirements.

  • City of Innovation and Re-birth: Why the Largest Sustainable Energy Event is Coming to Berlin

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    /BERLIN, October 18, 2021, 9:30 CET, EIT InnoEnergy, RENEWABLE MARKET WATCHTM/ Berlin is perhaps best known for the Berlin Wall, which physically divided the city between East and West Germany for 28 years, finally coming down in late 1989. Since German reunification in 1990, the decades that followed have been defined by re-building and innovating. Of course when we announced Berlin as the location of The Business Booster 2021 we had no way of knowing that the world, and the economy along with it, would come to a screeching halt with the corona virus. However as TBB 2021 will now serve as the meeting place for innovators and industry for the first time in many months, we could not be headed to a better and more symbolic place for the re-building of Europe’s economy through innovation and sustainability. 

  • Decarbonising the industry blog series: Mobility

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    /BERLIN, October 25, 2021, 9:30 CET, EIT InnoEnergy, RENEWABLE MARKET WATCHTM/ The pandemic we are currently in is driving a multitude of changes across the world. While, undoubtedly, many of the impacts have been devastating, there are some developments which bear great promise for the future. Interestingly enough, some of the most significant and positive of these changes happen right in front of us – in our cities, particularly large and densely populated urban areas. New trends are emerging that are pushing urban centres in Europe and around the globe to adopt exciting new models that put citizens and their life quality front and centre.

  • Europe Corporate Renewable PPA Market Report 2021 - 2030 Trends, Investments, Growth, Prices, Laws, Country Profiles, Opportunities and Forecast

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    /LONDON, November 19, 2021, 10:00 GMT, RENEWABLE MARKET  WATCHTM/ Corporate renewable energy sourcing continues to boom across Europe. Power purchase agreements (PPAs) and on-site sourcing are set for another record year. With months to go, the volume of PPAs signed in 2021 has already surpassed the 3.5GW signed in 2020, making 2021 the eighth record year in a row. European Commercial and Industrial on-site installations are also enjoying rapid growth, with forecasts showing they could reach a total capacity of 407GW by 2030. The current sharp increase and volatility in energy prices are likely to support the corporate renewable PPAs demand in Europe. Many companies look to hedge against unpredictable energy prices, according to the Europe Corporate Renewable PPA Market Report 2021÷2030. This independent, 230+ page study of Renewable Market Watch™ analyzes the corporate renewable PPA market in 44 European countries.

  • European Commission endorses corporate renewable PPAs as part of the answer to surging energy prices

    ReSource 2021 Partner Renewable Market Watch small

    /BRUSSELS, October 14, 2021, 17:00 CET, WindEurope, SolarPower Europe/ Renewables are central to delivering Europe’s energy and climate ambition – reducing greenhouse gas emissions by 55% by 2030. At RE-Source 2021 globally leading businesses from different sectors of the economy underline their commitment to support Europe’s transition to a renewable energy system. This year’s event comes just a day after the European Commission endorsed corporate renewable Power Purchase Agreements (PPAs) as part of the answer to surging energy prices. The current price surge will only increase the demand for PPAs as businesses seek to hedge against volatile energy prices.

  • Hungary Solar Photovoltaic (PV) Power Market Outlook 2020 - 2030 with Trends, Investments, Financial Model, Analysis, COVID-19 Impact

    Hungary Solar Photovoltaic PV Market Outlook 2020 2030 small

    /2nd June 2020, RENEWABLE MARKET WATCHTM/ With a land area of 93,028 km2, Hungary is a landlocked country in Central Europe. It measures about 250 km from north to south and 524 km from east to west. It has 2,106 km of boundaries, shared with Austria to the west, Serbia, Croatia and Slovenia to the south and southwest, Romania to the southeast, Ukraine to the northeast, and Slovakia to the north. The country’s landscape is mostly flat. The population was 9.82 million, and the current gross domestic product (GDP) was $155.7 billion as of 2018, according to the Hungary Solar Photovoltaic (PV) Power Market Outlook: 2020 ÷ 2030. Under Hungary’s National Energy Strategy up until 2030, Hungary will aim at ensuring the long-term security of energy supplies and increasing the share of renewable sources in its electricity generation mix, particularly solar photovoltaic, but also notes that fossil fuels, mainly natural gas, will be necessary for future generations. Hungary is ranked among top 10 countries by attractiveness for solar photovoltaic (PV) energy investments among CEE & SEE countries by Renewable Market Watch™ in their yearly updated "Attractiveness index for solar photovoltaic (PV) energy investments in CEE & SEE countries in 2020". The country’s main strategy to meet the growing need of power is to reduce the energy dependency by increasing energy efficiency, increased use of renewable resources and nuclear sources.

  • New Report is Published about the Europe Solar Power Market 2020 - 2030 with Trends, Investments, Analysis, COVID-19 Impact, Projections

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    /15th May 2020, RENEWABLE MARKET WATCHTM/ Solar energy is the fastest-growing and lowest cost source globally. In Europe, solar capacity increased by 36 per cent to 8.5GW in 2018. However, 2019 was a huge success for the European solar PV market with a 104 per cent increase of newly installed solar PV capacity (16.7GW) compared to 2018 (8.5GW), according to the Europe Solar Photovoltaic (PV) Power Market Outlook: 2020 ÷ 2030. Cumulative installed solar capacity in Europe reached 131.9GW by the end of 2019, which is 14 per cent increase compared to 115.2GW at the end of 2018. By the end of 2020, several member states in the European Union have to speed up to meet their 2020 renewable energy targets. Furthermore, Renewable Market Watch™ expects countries such as Spain, France, and Italy shall take their place at the GW-scale annual installation level. Most of the countries in Europe agree with the new 32% EU 2030 renewables target. The ‘Clean Energy for all Europeans’ package gives the solar sector a solid policy framework that paves the way for much more versatile, low-cost solar investments in Europe. The European Green Deal is the new roadmap for making the EU's economy sustainable. This will happen by turning climate and environmental challenges into opportunities across all policy areas and making the transition just and inclusive for all.

  • New Update is Published of the Europe Solar Power Market Outlook 2020 - 2030 with Trends, Investments, Analysis, COVID-19-Impact, Projections

    Europe Solar Photovoltaic Power Market Outlook 2020 2030 small

    /30th November 2020, RENEWABLE MARKET WATCHTM/ Solar energy is the fastest-growing and lowest cost source in the world. In Europe, solar capacity increased by 36 percent to 8.5GW in 2018. However, 2019 was a huge success for the European solar PV market with a 104 percent increase of newly installed solar PV capacity (16.7GW) compared to 2018 (8.5GW), according to the Europe Solar Photovoltaic (PV) Power Market Outlook: 2020 ÷ 2030. Cumulative installed solar capacity in Europe reached 131.9GW by the end of 2019, which is a 14 percent increase compared to 115.2GW at the end of 2018. By the end of 2020, several member states in the European Union have to speed up to meet their 2020 renewable energy targets. Furthermore, Renewable Market Watch™ expects countries such as Spain, France, and Italy shall take their place at the GW-scale annual installation level. Most of the countries in Europe agree with the new 32% EU 2030 renewables target. The ‘Clean Energy for all Europeans’ package gives the solar sector a solid policy framework that paves the way for much more versatile, low-cost solar investments in Europe. The European Green Deal is the new roadmap for making the EU's economy sustainable. This will happen by turning climate and environmental challenges into opportunities across all policy areas and making the transition just and inclusive for all.

  • RE-Source 2020 – The European PPA market – an overview

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    /7th December 2020, Brussels/ Corporate Cumulative PPA capacities in Europe: So far, Europe has seen a cumulative 11.1 gigawatt (GW) of contracted renewable energy power purchase agreements (PPAs) by volume. That’s a significant increase compared to the 2.2 GW of cumulative PPA capacity in 2016. There is an increasing trend in PPAs signed in Europe annually (s. Figure 1) with a total of 145 PPAs signed in Europe to date. The demand for renewable energies spans across Europe with PPAs signed in as much as 13 different countries: Italy, Poland, France, Denmark, Belgium, Ireland, Germany, the Netherlands, Finland, the U.K., Spain, Sweden and Norway. In terms of project volume, 73% of renewable PPAs signed in Europe source electricity from wind energy.

  • RE-Source 2020: Global demand for corporate renewable electricity sourcing continues to grow despite COVID-19 pandemic

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    /7th December 2020, Brussels/ Corporate renewable electricity sourcing in Europe has shown continuous growth despite the COVID-19 pandemic, demonstrating the resilience and potential of Europe’s renewable energy sector. In November 2020, the cumulative contracted volume of corporate renewable power purchase agreements (PPAs) in Europe reached the 11 GW mark, up from just 2.2 GW by the end of 2016 and with a record 3 GW contracted in 2020 alone. This shows that more and more companies are stepping up to the challenge of reducing carbon emissions with renewable electricity, in line with the EU’s plans for a green economic recovery.

  • Register for RE-Source 2021 Event on 14-15 October at the Okura Hotel in Amsterdam

    ReSource 2021 Partner Renewable Market Watch small

    /BRUSSELS, October 1, 2021, 9:00 CET, WindEurope, SolarPower Europe/ Join us for RE-Source 2021. The RE-Source Event is the annual gathering of corporate buyers and clean energy suppliers, where existing challenges are tackled and future solutions are born. Join us to learn, share experiences and do business with companies in Europe. The 2021 event will take place in the Okura Hotel in Amsterdam, the Netherlands, on 14-15 October. Exclusive activities will also be available to corporate buyers on 13 October. Whether you’re an experienced buyer or seller or new to the market, this is the event for you. Be part of our growing community, get inspired, and succeed in powering your business with clean electricity.

  • Renaissance for Solar Photovoltaic (PV) Market in Spain

    CEE and SEE Countries Solar PV Market Outlook 2016 2025 Small

    /14th November 2018, RENEWABLE MARKET WATCHTM/ The European solar photovoltaic (PV) market passed through a transition period in the past few years from feed-in tariffs dominated. It is changing to a subsidy-free market driven by tenders and corporate power purchase agreements. Solar PV project developments in Europe are becoming less and less dependent on state incentive programs. They benefit from falling solar PV equipment costs, grid parity in Southern parts of Europe and emerging electricity prices for households and businesses. In 2017 European solar photovoltaic (PV) market scored 25 % growth compared to 2016. The advantages of net metering and self-consumption solar PV projects have also been supporting this growth. With the positive growth expectations for the European solar market, it is quite interesting to see the current situation in Spain as one of the leading solar markets in Europe in the past decade.

  • Renewable Market Watch is a Media Partner of SolarPower Summit 2021: Driving Sustainable Change: 10 – 12 May Online

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    /10th May 2021, SolarPower Europe/ Join us for the second digital edition of the SolarPower Summit! The year 2021 is not just “any year”. Amidst the COVID-19 pandemic, European economies and industrial sectors have been under extreme pressure, and the lives of all Europeans have changed profoundly. The European Recovery Plan adopted by EU Member States in July 2020 aimed not only to mitigate the devastating impacts of the pandemic, but to seize a historic opportunity to revive our economies and industries, placing the fight against climate change at the heart of Europe’s future job creation and growth strategy. Renewable Market Watch™ is a Media Partner of SolarPower Summit 2021: Driving Sustainable Change.

  • Renewable Market Watch Supports the 45% Renewable Energy Target in the European Union (EU) by 2030

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    /LONDON, December 15, 2021, 9:00 GMT, RENEWABLE MARKET WATCHTM/ In partnership with eight other renewable energy and city associations, with the endorsement of scientists from the IPCC and leading universities, SolarPower Europe is calling on members of the European Parliament and EU Member States representatives to endorse a minimum 45% renewable target by 2030 to fight the climate crisis. The letter published on 8 December 2021 underlines the critical importance of accelerating the clean energy transition to avoid climate catastrophe.

  • Renewable Market Watch™ published a new report Titled "Europe Solar Photovoltaic (PV) Power Market Outlook by Segment (Residential, Commercial, and Utility) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2030"

    Europe Solar Photovoltaic Power Market Outlook 2021 2030 small

    /LONDON, June 9, 2021,  PRNewswire/ Nowadays, there is an increased demand for solar power all over Europe. The cumulative installed solar photovoltaic (PV) capacity in Europe reached 151.7GW at the end of 2020, which is а 10 per cent increase compared to 138GW at the end of 2019, according to the recently published study Europe Solar Photovoltaic (PV) Power Market Outlook: 2021 ÷ 2030. Germany was the largest market in 2020, adding 4.8GW new capacity, followed by the Netherlands (2.8GW), Spain (2.6GW), Poland (2.2GW), and France (0.9GW). Amarenco, Axpo, BayWa r.e., Enel Green Power, Hanhwa Q-Cells, Huawei, Iberdrola, First Solar, Jinko, Lightsource bp, LONGi Solar and SMA, are among the key players in the market.

  • Solar Power Market Boom in France

    CEE and SEE Countries Solar PV Market Outlook 2016 2025 Small

    /29th March 2019, RENEWABLE MARKET WATCHTM/ The French government aims to install up to 45.5 GW of solar power by 2028. This means an addition of nearly 36 GW within 10 years or an average of 3.6 GW per year. This target was published in the recent draft of the French government’s ‘Programmation pluriannuelle de l’énergie’ or Multiannual Energy Programme (PPE). While France did not belong to the solar leaders in Europe in recent years, the country wants solar to play a much bigger role in its energy strategy in the coming years. As of this year until 2024, France plans to launch tenders for both ground-mounted as well as rooftop solar adding up to a total of 17.2 GW. France aims to increase the share of renewable energy in its total electricity mix from 48.6 GW at the end of 2017 to 74 GW in 2023 and 102 to 113 GW by 2028. Solar is projected to contribute 20.6 GW by 2023 and expected to be the leader among all renewable energy technologies, reaching between 35.6 GW to 44.5 GW by 2028.

  • SolarPower Summit 2021: Driving Sustainable Change: 10 – 12 May Online

    SolarPower Summit 2021 Small

    /5h April 2021, SolarPower Europe/ Join us for the second digital edition of the SolarPower Summit! The year 2021 is not just “any year”. Amidst the COVID-19 pandemic, European economies and industrial sectors have been under extreme pressure, and the lives of all Europeans have changed profoundly. The European Recovery Plan adopted by EU Member States in July 2020 aimed not only to mitigate the devastating impacts of the pandemic, but to seize a historic opportunity to revive our economies and industries, placing the fight against climate change at the heart of Europe’s future job creation and growth strategy.

  • SolarPower Summit 2022. Next Level Solar: Shining on the energy transition: 31 March, Brussels

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    /BRUSSELS, March 10, 2022, SolarPower Europe/ In a world currently facing an array of challenges from the ongoing Covid-19 pandemic to a huge hike in energy prices and the looming threat of climate change, solar is coming to the fore as the solution to some of our most pressing issues. We know solar can, and must, significantly drive the transition to green energy. In less than ten years, solar power has transformed into the energy solution with the lowest costs and highest flexibility. Innovators are expanding the capabilities of solar technology every day. Manufacturing is making its way back to Europe. The challenge that remains: we need to be faster.

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