/27^th May 2019, RENEWABLE MARKET WATCH^TM/ SIA Eolus, a subsidiary of Sweden's Eolus Vind AB plans to build a €250m wind farm in Dobele and Tukums municipalities. This landmark wind farm project in Latvia has been included in the Central East and South East Europe Wind Power Market Outlook 2018÷2027, reported the Renewable Market Watch™. Eolus said that a total of 51 turbines are to be set up, with annual electricity production at 0.7 TWh - about 10% of Latvia's yearly energy consumption. "The growing efficiency of wind turbines makes setting up a new wind farm economically feasible. It is and will remain the cheapest renewable energy source, and we're going ahead with the new wind farm no matter what renewable energy policies Latvia adopts in the future," said Gatis Galviņš, board member at Eolus. Construction was planned to start in 2019 and conclude by 2022. Eolus Vind AB is one of the largest wind farm operators in Sweden, having built 540 out of the country's 3400 wind turbines. It is listed on Stockholm's Nasdaq exchange. The net electricity consumption in Latvia totalled 580 286 MWh, average Nord Pool day-ahead price for Latvian bidding area increased to 43.52 EUR/MWh. Local generation covered 86% of national consumption.

/LONDON, December 16, 2021, 10:00 GMT, Alerion Clean Power, RENEWABLE MARKET WATCH^TM/ The Italian company Alerion Clean Power S.p.A. has signed with Black Sea Wind Partners S.r.l. (a leading company in the development of wind projects in Romania) a development agreement for 3 new wind farm projects in Romania, with a capacity of up to 550 MW. The authorization process for the plants under development is expected to be completed by the end of 2024. The agreement reinforces the growth program that Alerion is pursuing abroad, particularly in Romania. Furthermore, Alerion will accelerate the growth in a market with very large growth perspectives, thanks also to the renewable development plans promoted by the Romanian government. In May 2021, Alerion signed an agreement with Monsson Alma to develop three new wind farm projects in Romania with 350 MW total capacity. The Moldova and Dobrogea provinces (in the southeast of the country, near the Black Sea) were considered the most appropriate areas for wind farm developments, according to the Romania Wind Power Market Outlook 2021÷2030. 

/5^th May 2021, Alerion Clean Power, RENEWABLE MARKET WATCH^TM/ The Italian company Alerion Clean Power S.p.A. has signed with Monsson Alma, a leading company in the development of wind projects in Romania, and the shareholders of the relevant project companies a development agreement for 3 new wind projects in Romania, with a capacity of approximately 350 MW. The authorization process for the plants under development is expected to be completed by the end of 2022. The agreement will allow Alerion to accelerate the growth in a market with very large growth perspectives, thanks also to the renewable development plans promoted by the Romanian government. The Moldova and Dobrogea provinces (in the southeast of the country, near the Black Sea) were considered the most appropriate areas for wind farm developments, according to the Romania Wind Power Market Outlook 2021÷2030. The southeast of Dobrogea was ranked second in terms of potential in Europe according to specialized studies. Romanian wind potential is estimated at around 14,000 MW (14 GW) installed capacity, generating about 23 TWh. per year.

/BUCHAREST, July 4, 2024, 9:00 CEST, Bekaert, Rezolv Energy/ Rezolv Energy, the Actis-backed independent power producer in Central and Southeastern Europe, through their project subsidiary First Looks Solutions S.R.L., have signed a 10-year Virtual Power Purchase Agreement (VPPA) in Romania with Bekaert, a global leader in steel wire transformation and coating technologies. This is one of the largest PPAs ever signed in the region. The deal will see Bekaert buy 100 GWh of additional renewable power per year, reducing annual emissions by more than 41 000 tonnes of CO2e. The power will come from the 461MW ‘VIFOR’ wind farm, which has been developed by Rezolv and Low Carbon in Buzău County, Romania.

/18^th January 2021, RENEWABLE MARKET WATCH^TM/ 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.

/28^th December 2020, RENEWABLE MARKET WATCH^TM/ 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 wind turbines, 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.

/LONDON, December 27, 2021, 10:00 GMT, RENEWABLE MARKET WATCH^TM/ The Swiss energy company MET Group finalised the transaction for a 100% stake in a 60MW wind park in Bulgaria. MET Group signed a share purchase agreement with Spanish Grupo Enhol to acquire the operating wind asset earlier (on 30 July 2021) this year. With this acquisition, the company continues to follow its target of 500MW operational renewable energy power plants in the Central East Europe (CEE) region by 2023. The transaction is essential in achieving MET’s renewables growth targets in the CEE region of 500 MW in operation by 2023.

/17^th May 2020, EPBiH, RENEWABLE MARKET WATCH^TM/ In the Podveležje region of Bosnia and Herzegovina, works have begun in the beginning of this week on the construction of 15 wind turbines with the accompanying foundations of the "Podveležje 1" wind farm with 48MW power capacity, which officially opened the construction site, reported the Renewable Market Watch™. After the mobilization and establishment of container accommodation for the stay of the contractor's staff, drilling the ground for the placement of explosives, work began on the excavation of pits for the foundations of future wind turbines. The terrain for the future two foundations was blown up, and the works will continue with the planned dynamics in the coming weeks. In order to ensure safety during blasting, all legal measures have been taken beforehand. The contractor for the construction of the Wind Farm is the consortium between Croatian branch of Siemens Gamesa Renewable Energy Ltd. and Wind Power A/S from Denmark. On the construction of foundations and execution of blasting works, engaged as domestic companies HP Investing doo Mostar and Blasting doo Sarajevo. The wind farm "Podveležje" is financed by credit funds the German Development Bank - KfW and its own funds Elektroprivreda BiH.

/14^th January 2021, RENEWABLE MARKET WATCH^TM/ This market report offers an incisive and reliable overview of the country's solar photovoltaic sector for the next long term period 2020 ÷ 2030. Romania is a country located at the crossroads of Central, Eastern, and Southeastern Europe. It borders the Black Sea to the southeast, Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, and Moldova to the east. It has a predominantly temperate-continental climate. With a total area of 238,397 square kilometres (92,046 sq mi), Romania is the 12^th largest country and also the 7^th most populous member state of the European Union, having almost 20 million inhabitants. The country had cumulative wind power installed capacity of 14 MW at the end of 2009. Following explosive growth only for four years between 2010 and 2014 cumulative installed capacity exceeded 2,844MW (2.84GW) by the end of 2014. Romania’s potential in wind energy is considered to be the highest in South-Eastern Europe. The Moldova and Dobrogea provinces (in the southeast of the country, near the Black Sea) were considered the most appropriate areas for wind farm developments. The southeast of Dobrogea was ranked second in terms of potential in Europe according to specialized studies. Romanian wind potential is estimated at around 14,000 MW (14 GW) installed capacity, generating about 23 TWh. per year.

/LONDON, October 12, 2021, 10:00 BST, RENEWABLE MARKET WATCH^TM/ This market report offers an incisive and reliable overview of the country's solar photovoltaic sector for the next long term period 2021 ÷ 2030. Romania is a country located at the crossroads of Central, Eastern, and Southeastern Europe. It borders the Black Sea to the southeast, Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, and Moldova to the east. It has a predominantly temperate-continental climate. With a total area of 238,397 square kilometres (92,046 sq mi), Romania is the 12^th largest country and also the 7^th most populous member state of the European Union, having almost 20 million inhabitants. The country had cumulative wind power installed capacity of 14 MW at the end of 2009. Following explosive growth only for four years between 2010 and 2014 cumulative installed capacity exceeded 2,844MW (2.84GW) by the end of 2014. Romania’s potential in wind energy is considered to be the highest in South-Eastern Europe. The Moldova and Dobrogea provinces (in the southeast of the country, near the Black Sea) were considered the most appropriate areas for wind farm developments. The southeast of Dobrogea was ranked second in terms of potential in Europe according to specialized studies. Romanian wind potential is estimated at around 14,000 MW (14 GW) installed capacity, generating about 23 TWh. per year.

/5^th October 2020, RENEWABLE MARKET WATCH^TM/ These market reports offer an incisive and reliable overview of the solar photovoltaic and wind power sectors of Western Balkan countries for the period 2020 ÷ 2030. Newly installed PV capacity and wind capacity in this region will exceed several GWs in the next 5 years. The number of fully permitted and ready to build projects is promptly increasing. The rooftop solar PV market segment in many countries is not developed and is forecasted to score significant growth soon. The small wind market segment for turbines below 500 KW in many countries is not developed and is forecasted to score significant growth soon. All the Western Balkan countries have committed to increasing their share of renewable energy by 2020 to reach between 25 and 40 percent of their energy mix, as part of their obligations under the Energy Community Treaty.  Energy demand in the region is constantly increasing, according to the Western Balkans Solar Photovoltaic (PV) Power Market Outlook 2020÷2030. Some countries have the possibility to exceed their electricity production demand needs with the support of renewable energy. Furthermore, Western Balkan countries are currently in the various EU membership joining status.

/5^th January 2021, RENEWABLE MARKET WATCH^TM/ This market report offer an incisive and reliable overview of the solar photovoltaic power sector of Western Balkan countries for the period 2020 ÷ 2030. Newly installed PV capacity in this region will exceed several GWs in the next 5 years. The number of fully permitted and ready to build projects is promptly increasing. The rooftop solar PV market segment in many countries is not developed and is forecasted to score significant growth soon. All the Western Balkan countries have committed to increasing their share of renewable energy by 2020 to reach between 25 and 40 per cent of their energy mix, as part of their obligations under the Energy Community Treaty.  Energy demand in the region is constantly increasing, according to the Western Balkans Solar Photovoltaic (PV) Power Market Outlook 2020÷2030. Some countries have the possibility to exceed their electricity production demand needs with the support of renewable energy. Furthermore, Western Balkan countries are currently in various EU membership joining statuses.

/4^th August 2020, EBRD, RENEWABLE MARKET WATCH^TM/ Zhanatas Wind-Power Station LLP, a special purpose entity incorporated in the Republic of Kazakhstan to implement the Project, will act as a borrower. The borrower will be jointly owned by China Power International Holding Ltd. (China) and Visor Investment (Kazakhstan). The technical due diligence update will be co-financed by the Clean Technology Fund.