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  • Bulgaria and Romania with Gigawatt New Capacity Additions in Solar Photovoltaic (PV) Power by 2024

    Bulgaria and Romania with Gigawatt New Capacity Additions in Solar Photovoltaic PV Power by 2024 small

    /18th December 2020, RENEWABLE MARKET WATCHTM/ Solar photovoltaic (PV) power in the European Union 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: 2020 ÷ 2030.  The EU member states installed 18.2GW of solar power capacity in 2020, an 11% improvement over the 16.2GW deployed in the previous year, according to the recently released report EU Market Outlook for SolarPower 2020-2024 by SolarPower Europe. With minimal solar power installation activity in Bulgaria and Romania in the last few years, the prediction model of SolarPower Europe shows the up-and-coming gigawatt new solar photovoltaic (PV) capacity addition opportunities for Bulgaria and Romania by 2024. SolarPower Europe’s growth assumptions are much higher than the targets formulated by EU member states in their National Energy and Climate Plans (NECP). But with drivers for solar energy in Europe only getting stronger, the foundation is laid for further rapid growth in the coming years.

  • Bulgaria Wind Power Market: Outlook 2020 - 2030 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /25th February 2021, RENEWABLE MARKET WATCHTM/ This is the first-ever made thorough and detailed market report, which offers an incisive and reliable overview of the wind energy sector of Bulgaria for the next long term period 2020 ÷ 2030. The number of fully permitted and ready to build projects is promptly increasing. This study is intended to provide the reader with an overview of the economics and regulation of the industry.

  • Bulgaria Wind Power Market: Outlook 2022 - 2031 - Trends, Forecasts, Investments, Opportunities, Analysis,

    /LONDON, October 3, 2022, 11:00 BST, RENEWABLE MARKET WATCHTM/ This is the first-ever made, a thorough and detailed market report, which offers an incisive and reliable overview of the wind energy sector of Bulgaria for the next long-term period 2022 ÷ 2031. The number of fully permitted and ready-to-build projects is promptly increasing. This study is intended to provide the reader with an overview of the economics and regulation of the industry.

  • Bulgarian Commission on Protection of Competition Approved the Acquisition of 42 MW Wind Farm of MET Group from Enel Green Power

    MET Group Acquires 42 MW Wind Farm in Bulgaria from Enel Green Power Small

    /18th January 2021, RENEWABLE MARKET WATCHTM/ Bulgarian Commission on Protection of Competition Approved the Acquisition of 42 MW Wind Farm of MET Group from Enel Green Power. The Swiss-based MET Renewables Holding AG has notified the Commission for Protection of Competition in Bulgaria of its intention to acquire sole direct control over Enel Green Power Bulgaria EAD. The parent company is a subsidiary of the Italian Enel Green Power, which is part of the Enel Group and its activities are related to the management of 42 MW wind farm consisting of two sites with a total number of 14 SPV companies that own 14 wind turbines of 3 MW each, all in Northeastern Bulgaria. The buyer, MET Renewables Holding AG is a new company, but it is backed by the Swiss group MET, with direct owner MET Holding AG. However, it has been operating in Bulgaria since 2017 through its subsidiary MET Energy Trading Bulgaria. It is active in the electricity trading market at freely negotiated prices.

  • CEE and SEE Countries Solar PV Market Review 2016 - 2017

    Solar Energy small

    /7th April 2016, RENEWABLE MARKET WATCHTM/ CEE and SEE countries are the interesting investment destination for solar PV technology among European countries. This region has become one of the fastest-growing solar PV markets in Europe with cumulative PV installed capacity of 9.1 GW for 2015 at a Compound Annual Growth Rate (CAGR) of 27.9 % from 2010 to 2015, and with an expected cumulative PV installed capacity to exceed 26.9 GW by the end of 2025 according to CEE and SEE Countries Solar PV Market Review 2016 - 2017. All of the CEE and SEE countries have renewable energy capacity targets, assisting their aims to obtain a share of its power generation from renewable energy sources, including photovoltaic energy. In EU member countries, these targets are set by the European Commission (EC). In non-EU member countries, RES targets are set in the energy strategies or renewable energy action plans.

  • Central East and South East Europe Photovoltaic (PV) Power Market: Outlook 2020 - 2030 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /26th October 2020, RENEWABLE MARKET WATCHTM/ This is the first-ever made the thorough and detailed market report, which offers an incisive and reliable overview of the solar photovoltaic sector of Central East Europe (CEE) and South-East Europe (SEE) countries for the next long term period 2020 ÷ 2030. The number of fully permitted and ready to build projects is promptly increasing. This study is intended to provide the reader with an overview of the economics and regulation of the industry. The rooftop market segment in many countries is not developed and forecasted to score significant growth soon.

  • Central East and South East Europe Wind Power Market: Outlook 2020 - 2030 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /12th January 2021, RENEWABLE MARKET WATCHTM/ This is the first-ever made a thorough and detailed market report, which offers an incisive and reliable overview of the wind energy sector of Central East Europe (CEE) and South-East Europe (SEE) countries for the next long term period 2020 ÷ 2030. The number of fully permitted and ready to build projects is promptly increasing. This study is intended to provide the reader with an overview of the economics and regulation of the industry. The small wind market segment for turbines below 500 KW in many countries is not developed and forecasted to score significant growth in the near future.

  • Central East and South East Europe Wind Power Market: Outlook 2021 - 2030 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /LONDON, October 12, 2021, 10:45 BST, RENEWABLE MARKET WATCHTM/ This is the first-ever made thorough and detailed market report, which offers an incisive and reliable overview of the wind energy sector of Central East Europe (CEE) and South-East Europe (SEE) countries for the next long term period 2021 ÷ 2030. The number of fully permitted and ready to build projects is promptly increasing. This study is intended to provide the reader with an overview of the economics and regulation of the industry. The small wind market segment for turbines below 500 KW in many countries is not developed and is forecasted to score significant growth in the near future.

  • Central East and South East Europe Wind Power Market: Outlook 2022 - 2031 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /LONDON, June 7, 2022, 10:45 BST, RENEWABLE MARKET WATCHTM/ This is the first-ever made, a thorough and detailed market report which offers an incisive and reliable overview of the wind energy sector of Central East Europe (CEE) and South-East Europe (SEE) countries for the next long term period 2022 ÷ 2031. The number of fully permitted and ready-to-build projects is promptly increasing. This study is intended to provide the reader with an overview of the economics and regulation of the industry. The small wind market segment for turbines below 500 KW in many countries is not developed and is forecasted to score significant growth in the near future.

  • Current State of the Solar Photovoltaic Energy Market in Romania

    Solar Market in Poland small

    /23rd September 2019, RENEWABLE MARKET WATCHTM/ The solar photovoltaic development in Romania was started with small scale photovoltaic installations below 30 KW in 2006. Contrary to the rapid expansion of the wind market in Romania, the photovoltaic power capacity remained relatively unchanged by the end of 2011. With the introduction of support mechanisms in the law in 2008 and the subsequent amendments in 2010, 2011 and 2012, the Romanian photovoltaic energy market started growing since the second half of 2012. Thus, the country's solar PV market performed impressive growth in 2013 and was amongst the best performing solar markets in the world. Romania had a cumulative photovoltaic installed capacity of only 41MW for 2012 and only for one year, this capacity exceeded 1,293MW (1.29 GW) by the end of 2014, which was a more than a 20-fold increase from the 2012 level. Romania finished the year 2013 at fourth place in Europe by installed new photovoltaic capacity measured on a year-on-year (y-o-y) basis.

  • 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. 

  • Czech Republic Wind Power Market: Outlook 2021 - 2030 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /LONDON, November 5, 2021, 9:00 GMT, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the wind power sector of the country for the next long term period 2021 ÷ 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 10-year stagnation in the wind power market in the Czech Republic since 2020, the activity in the wind power sector shows signs of increase. Currently, only 0.7% of the country’s electricity is generated by wind turbines.

  • EBRD Provides Financing to Support the 156 MW Saint Nikola Wind Farm in Bulgaria

    /LONDON, December 27, 2021, EBRD, RENEWABLE MARKET WATCHTM/ To boost Bulgaria’s renewable energy sector, the European Bank for Reconstruction and Development (EBRD) has committed earlier this month new funds to the 156 megawatt (MW) Saint Nikola wind farm located in the Kavarna region of northeast Bulgaria.

  • Europe Net Metering and Self-Consumption Solar PV Market Outlook 2016 - 2025

    Europe Net Metering small

    /30th November 2016, RENEWABLE MARKET WATCHTM/ Distributed solar power,  which has been the backbone for the bulk of the solar 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 2016 - 2025. In February 2015, the European Commission published its new Energy Union strategy depicting a vision in which “citizens take ownership of the energy transition, benefit from new technologies to reduce their bills, participate actively in the market”. Besides greater consumers’ involvement, the energy transition will require much more renewables. This paradigm shift has already started: In 2014 and for the first time, renewables produced more power than nuclear in Europe. And this trend will continue: according to the European Commission’s forecasts, renewables will cover around 45% of our electricity demand by 2030, and their share is expected to grow to 60% ÷ 97% by 2050. This represents a major opportunity to establish a clean, secure and resilient energy system on which the European economy can grow.

  • Hive Energy Plans 4GW of Solar Power and Storage in Türkiye

    Poland Solar Photovoltaic PV Power Market Outlook 2020 2030 Small

    /LONDON, January 12, 2023, 9:30 GMT, HIVE ENERGY/ British renewable energy and circular economy company Hive Energy [Hive], is planning to attract $4 billion (TL 75.11 billion) direct investment for over 4 GW of proposed co-located solar and battery storage projects in 30 locations across Türkiye. The company has applied for co-located solar and battery storage projects with capacities ranging from 11 to 230 MW in scale. The applications focus on 19 cities, from Gaziantep in the country’s southeast to Balıkesir in the west. The total capacity of the proposed solar-based battery projects is around 4 GW and average energy yield for solar projects is over 2,000 kWh/kW.

  • Hungary Renewable Energy Transition Presents New Excellent Opportunities for Investors and Developers in Solar Photovoltaic (PV) and Wind Power Projects

    Hungary Solar Photovolaic and Wind Power Market Opportunities 2021 2030 small

    /LONDON, September 29, 2021, 10:30 BST, RENEWABLE MARKET WATCHTM/ The country’s primary strategy to meet the growing need for power includes reducing energy dependence by increasing energy efficiency, renewable resources, natural gas, nuclear sources and connecting to the European power infrastructure. The country imports nowadays approximately 30% of its power (the main import countries are Slovakia, Austria, and Ukraine, while the main export countries are Croatia and Serbia). Hungary is ranked among the top 10 countries by attractiveness for solar photovoltaic (PV) energy by the Renewable Market Watch in their yearly updated "Attractiveness index for solar photovoltaic (PV) energy investments in Central-East Europe (CEE) and South-East Europe (SEE) countries in 2021". Between 2015 and 2020, cumulative installed solar power capacity in Hungary registered an impressive 11-fold increase. In June 2020, Hungary adopted a new law making the net-zero emission target by 2050 a binding obligation. This law is part of a broader change in the country’s energy and climate policies.

  • Hungary to Increase Solar Photovoltaic (PV) Capacity

    New Hope for Solar Market In Poland Small

    /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.

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