/10^th July 2020, SolarPower Europe/ The RECP is an African-European platform for promoting renewable energy market development and investment in Africa that was initiated in the framework of the Africa-EU Energy Partnership (AEEP). By promoting market development and investment, it spurs growth on both continents. It contributes directly to the targets of the Africa-EU Energy Partnership, the Sustainable Energy for All initiative, the Sustainable Development Goals, and the Africa Renewable Energy Initiative. 

/BERLIN, February 21, 2022, 10:00 GMT, Axpo/ Axpo has signed a Power Purchase Agreement (PPA) with the Danish company Obton A/S, a leading solar energy investor in Europe, for the Klatzow solar park currently under construction in Mecklenburg-Vorpommern. The ten-year contract demonstrates the important role of PPAs in the expansion of renewable energies in Germany. Construction of the 11 MWp Klatzow solar park near Neubrandenburg is already underway, with commissioning planned for spring 2022.

/7^th November 2019, RENEWABLE MARKET WATCH^TM/ Shareholders, employees, customers and a wide range of stakeholders require corporate businesses to show a tangible, impactful commitment to renewable energy. As global energy usage and needs are re-defined by these groups, corporates are increasingly focused on reducing their environmental footprint and securing lower energy costs. Corporate PPAs enable companies to achieve their carbon emission reduction goals and are gaining momentum globally. This brings us to launch Corporate renewables 2020 in London, March 11-12. The size and frequency of deals have increased quickly in recent years to more complex and innovative buyer consortia, VFA and proxy swap agreements. However, in Europe, the business model for PPAs is yet to reach its potential. The total volume of corporate renewable PPAs signed in Europe in 2018 amassed to 1.9 GW while in the States it reached 8.5 GW. Corporate Renewables 2020 is not a conference or a summit. The event delivers a series of curated networking experiences designed to help you to assess the economic viability of corporate renewable PPAs, learn about innovative deal structures and understand how they can be applicable to your company. 

/FRANKFURT, Germany and COLOGNE, Germany, February 2, 2023, 7:00 ET, PRNewswire/ Digital Realty and ENGIE have signed a 10-year power purchase agreement (PPA) for a 116 megawatts (MW) share of a new 154 MW ground mounted solar photovoltaic project. Digital Realty's offtake commitment, estimated at 120 gigawatt hours (GWh) per year, supports the construction of the new solar park to be built by CEE Group, an infrastructure fund specializing in renewable energy projects. Located in Brandenburg in the northeast of Germany, the solar park is scheduled to start operation in late 2023.

/19^th November 2019, RENEWABLE MARKET WATCH^TM/ Worldwide, renewable energy generators are entering into power purchase agreements (PPAs) with corporations, due to the falling price of renewable power. Furthermore, electricity markets are changing and around the world electricity regulation is also changing to meet the requirements of the accelerating energy transition. Many government policies and regulations are moving in the direction of carbon emissions reduction, more liberalization, smart grids combined with greater flexibility and easier market access for end-users. The result is a combination of a stronger policy focus on environmental goals and reduced government control and supervision of national electricity markets. These trends have the potential to give consumers a greater role in electricity markets than ever before. Many government commitments in Europe to manage climate change can be met with the implementation of clean energy transition programs and with the support of corporate renewable PPA structures, reveals the recently published study ’Europe Corporate Renewable PPA Market Report 2019 ÷ 2028’. This study considers the whole array of options available to corporates looking to source renewable electricity in Europe. Despite the less developed corporate renewable PPAs market in Europe compared to the USA, the Renewable Market Watch™ predicts increased support and acceptance of the corporate renewable PPA model in European countries in the next decade.

/LONDON, November 19, 2021, 10:00 GMT, RENEWABLE MARKET  WATCH^TM/ 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.

/LONDON, August 8, 2022, 10:00 BST, RENEWABLE MARKET  WATCH^TM/ Corporate renewable energy sourcing continues to boom across Europe. Power purchase agreements (PPAs) and on-site sourcing are set for another record year. The European PPA market has proliferated, with almost a seven-fold increase from 2016 until 2021. 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. Corporate PPAs may have an excellent contribution to solving Europe’s energy crisis. Many companies look to hedge against unpredictable energy prices, according to the Europe Corporate Renewable PPA Market Report 2022÷2031. This independent, 230+ page study of Renewable Market Watch™ analyzes the corporate renewable PPA market in 44 European countries.

/31^st March 2020, RENEWABLE MARKET WATCH^TM/ This independent, 230+ page report of Renewable Market Watch™ analyzes the corporate renewable PPA market in 44 European countries. Through extensive research and discussions with experts in the industry, Renewable Market Watch™ has identified a series of market trends that will impact investment volume and renewable energy capacity additions under corporate renewable PPA models over the coming decade in Europe.

/8^th December 2020, Brussels/ The RE-Source Platform launched today a new report revealing the significant untapped potential and value for corporates in deploying renewable electricity and storage installations on commercial and industrial (C&I) buildings or within their premises.

/SOFIA, March 17, 2023, 10:00 GMT, RENEWABLE MARKET WATCH^TM/ RE-Source Southeast is the go-to event for corporate sourcing of renewable energy in the SEE region! While self-consumption and on-site generation is still the prevailing choice for SEE corporates, the PPA market has the potential to catch up fast, as first deals have already been announced in Bulgaria, Greece and Romania. Across Europe, high market prices tempted power producers to shift towards short-term PPAs and more active energy trading strategies with a rising focus on short-term hedges.

/LONDON, December 14, 2022, 09:00 GMT, PR Newswire/ The European corporate renewable PPA market has proliferated by an almost seven-fold increase from 2016 until 2021. 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. Many companies use corporate PPAs to hedge against unpredictable energy prices, reveals the recently published study Europe Corporate Renewable PPA Market Report 2023÷2032. Amazon, Google, Alcoa, Norsk Hydro, Bayer and Microsoft are among the key players in the market. The sharp increase and volatility in energy prices will likely support European corporate renewable PPAs demand.

/ESSEN, March 2, 2023, 9:30 GMT, RWE/ RWE, the UK’s largest power generator and one of the largest renewables developers, has significantly expanded its solar and battery capabilities by acquiring JBM Solar, a large independent developer of solar and battery storage systems. With this acquisition RWE reaffirms its UK strategy by continuing to grow and to diversify its UK portfolio by adding further solar and battery projects. With the acquisition of JBM Solar, RWE takes over a mature pipeline with a combined capacity of around 6.1 gigawatts (GWac), split into 3.8 GWac of solar and 2.3 GWac of battery storage projects. Most of the projects are in the central and southern regions of England and a large proportion already have grid connections and land secured.

/ESSEN, December 22, 2022, 9:30 GMT, RWE/ RWE and Forschungszentrum Jülich want to demonstrate how that can work in the Rhenish lignite mining district. The plan is to generate solar power in tandem with agricultural and horticultural activities on about seven hectares of recultivated land at the edge of Garzweiler Mine in Titz-Jackerath in the district of Düren in North Rhine-Westphalia. The research project is funded by the state of North Rhine-Westphalia through the progres.nrw programme. For Germany to be able to achieve its climate targets, the land must be made available for the expansion of solar power and innovative plans must be developed. In addition to Floating-PV plants on lakes, agrivoltaics (“Agri-PV”) offers major potential for expansion.

/DUBLIN, April 13, 2022, 9:30 BST, RWE/ RWE is the global leader in renewable energy with a firm target to achieve carbon neutrality by 2040, with a commitment to invest EUR50 billion by 2030 to expand its green generation capacity to 50GW. Along with this plan, the company will allocate up to EUR1.5 billion in Ireland through the renewable energy project under development. The company has a clear goal and know-how and wants to be a long-term energy partner supporting the Irish Government's plans to transition to 80% renewable electricity generation by 2030. 

/ESSEN, August 25, 2022, 9:30 BST, RWE/ RWE has further strengthened its European renewables business by acquiring Alpha Solar, a Polish photovoltaic (PV) development company. With this, RWE takes over a solar project pipeline in Poland with a total capacity of approx. 3 GWac. The acquisition represents a strategic enhancement for RWE and adds to its existing global development pipeline of 10 gigawatts in solar projects. It was agreed to keep confidentiality on the purchase price. The acquired pipeline is spread across Poland. The majority of projects are of utility-scale in various stages of development. The maturity of projects ranges from early phase identified opportunities to ready-to-build projects. 

/MADRID, March 1, 2023, 11:00 GMT, Sonnedix/ Sonnedix, the international renewable energy producer, and Endesa Spain’s largest electric company, have signed a twelve-year renewable energy power purchase agreement (PPA). The green energy is produced by a 77MW solar PV portfolio acquired by Sonnedix in July 2021, comprised of five solar plants located in Valladolid, Castilla y León province of Spain. The projects are currently under construction and are expected to start operations within the first quarter of 2023. 

/18^th May 2020, SolarPower Europe/ At the initiative of Pascal Canfin, Chair of the Environment Committee at the European Parliament, 180 political decision-makers, business leaders, trade unions, NGOs, and think tanks have come together to form a European Alliance for a Green Recovery. In the face of the coronavirus crisis, the biggest challenge Europe has faced in peacetime, with devastating consequences and a shock to the economy tougher than the 2008 crisis, Ministers from 11 countries, 79 cross-party MEPs from 17 Member States, 37 CEOs, 28 business associations representing 10 different sectors, trade union confederation representing members from 90 national trade union organisations and 10 trade union federations, 7 NGOs and 6 think tanks, have committed to working together to create, support and implement solutions to prepare our economies for the world of tomorrow.

/5^th October 2020, The European Commission, RENEWABLE MARKET WATCH^TM/ In response to a call for applications on 18 June 2020, the Commission selected 50 members and 10 special observers on the basis of their environmental, sustainable finance or social/human rights expertise. At the beginning of this month, the European Commission published the list of members of the Platform on sustainable finance. The platform will advise the Commission on the development of technical screening criteria for the EU taxonomy, and policy development, amongst other things, as required by the taxonomy Regulation.

/18^th September 2020, The European Commission, RENEWABLE MARKET WATCH^TM/ The European Commission presented today its plan to reduce EU greenhouse gas emissions by at least 55% by 2030, compared to 1990 levels. This level of ambition for the next decade will put the EU on a balanced pathway to reaching climate neutrality by 2050. The new target is based on a comprehensive Impact Assessment of the social, economic and environmental impacts. The Assessment demonstrates that this course of action is realistic and feasible. This raised ambition also underlines the EU's continued global leadership, ahead of the next UN climate conference (COP26).

/12^th June 2019, RENEWABLE MARKET WATCH^TM/ Worldwide, renewable energy producers are entering into power purchase agreements (PPAs) with corporate entities thanks to the falling price of renewable power. Companies from diverse geographies and industries in Europe are entering this market at a rapid pace, according to the recently published study ’Europe Corporate Renewable PPA Market Report 2018 ÷ 2027’. To accelerate the deployment of renewable energy capacity, corporate energy buyers, and renewable energy suppliers have to explore the benefits and risks associated with entering the corporate PPA market. The size and frequency of deals have increased quickly in recent years, and over 14 GW of corporate renewable PPAs have been signed worldwide to date. Furthermore, corporate procurement of renewable energy is making a sizeable contribution to energy and climate objectives. In the EU, this business model has yet to live up to its potential compared to other regions of the world, particularly the US, where corporate procurement of renewable energy during 2018 represents over 8.5 GW.