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  • Africa-EU Renewable Energy Co-operation Programme

    /10th 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. 

  • Axpo Signed PPA with Obton A/S for Klatzow Solar Photovoltaic (PV) Power Plant in Germany with 11 MWp Capacity

    Kosovo Solar Photovoltaic PV Power Market Outlook 2020 2030 Small

    /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.

  • Bayer Signed a Corporate PPA with Wuppertaler Stadtwerke to Secure 100 % Renewable Electricity for Several Sites Located in Germany

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    /WUPPERTAL/LEVERKUSEN, GERMANY, April 19, 2024, 10:00 BST, Bayer AG/ Bayer AG has signed a long-term supply agreement for electricity from renewable energy sources with Wuppertaler Stadtwerke (WSW), the public utility company of Wuppertal in North Rhein-Westphalia, Germany. The contract underlines Bayer's global commitment to sustainability. Under this supply agreement, WSW will deliver over 120 GWh of wind and/or solar power from German wind and solar parks to Bayer. This is equivalent to the annual power consumption of around 30,000 households.

  • Corporate Renewables 2020 Launches, 100% round table event focussed on Corporate PPAs

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    /7th November 2019, RENEWABLE MARKET WATCHTM/ 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. 

  • Digital Realty Invests in Photovoltaics in Germany Through a Power Purchase Agreement (PPA) with ENGIE

    Kosovo Solar Photovoltaic PV Power Market Outlook 2020 2030 Small

    /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.

  • Europe Corporate Renewable PPA Future Market Development, Trends and Opportunities

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    /19th November 2019, RENEWABLE MARKET WATCHTM/ 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.

  • 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.

  • Europe Corporate Renewable PPA Market Report 2022 - 2031 Trends, Investments, Growth, Prices, Laws, Country Profiles, Opportunities and Forecast

    Europe Corporate PPA small

    /LONDON, August 8, 2022, 10:00 BST, 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. 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.

  • Iberdrola and Masdar Close Their EUR 1.6 Billion Alliance to Develop Offshore Wind in the Baltic Sea

    /MADRID, November 2, 2023, 10:00 GMT, Iberdrola/ Iberdrola has signed a strategic agreement with Masdar, a major renewable energy group based in Abu Dhabi, to co-invest in the 476 MW Baltic Eagle offshore wind farm, located in the German Baltic Sea. Following confirmation that all the necessary regulatory approvals have been received, Iberdrola will have a majority stake of 51% in the project, which will help to accelerate energy independence in Europe.

  • Less than 1 Month Left to RE-Source Southeast Conference 2024, 15-16 May, Sofia, Bulgaria

    /SOFIA, April 19, 2024, 16:00 BST, RENEWABLE MARKET WATCHTM/ RE-Source Southeast, the largest event dedicated to corporate renewable energy sourcing in Southeast Europe, will be held for the 4th time in Sofia, Bulgaria. It brings together industrial and corporate consumers, project developers, electricity traders and renewable power producers.

  • New Report is Published about the Europe Corporate Renewable PPA Market

    /31st March 2020, RENEWABLE MARKET WATCHTM/ 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.

  • On-site renewable electricity and storage can help to bring Europe’s business sector closer to climate neutrality

    /8th 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.

  • RE-Source Southeast Conference 2023, 18-19 May, Sofia, Bulgaria

    /SOFIA, March 17, 2023, 10:00 GMT, RENEWABLE MARKET WATCHTM/ 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.

  • RE-Source Southeast Conference 2024, 15-16 May, Sofia, Bulgaria

    /SOFIA, February 28, 2024, 10:00 GMT, RENEWABLE MARKET WATCHTM/ RE-Source Southeast, the largest event dedicated to corporate renewable energy sourcing in Southeast Europe, will be held for the 4th time in Sofia, Bulgaria. It brings together industrial and corporate consumers, project developers, electricity traders and renewable power producers.

  • Renewable Market Watch™ published a new report titled 'Europe Corporate Renewable PPA Market Report - Industry Analysis, Deal Tracking, PPA Prices, Growth, Investment Volume, Comparative Country Ranks, Share, Size, Trends, and Forecast 2023 – 2032'

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    /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.

  • Renewable Market Watch™ published a new report titled 'Europe Corporate Renewable PPA Market Report - Industry Analysis, Deal Tracking, PPA Prices, Growth, Investment Volume, Comparative Country Ranks, Share, Size, Trends, and Forecast 2024 – 2033'

    Europe Corporate PPA small

    /LONDON, January 29, 2024, 09:00 GMT, RENEWABLE MARKET WATCHTM/ The European corporate renewable PPA market has proliferated by an almost seven-fold increase from 2016 until 2023. 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. The European Institutions have agreed in 2023 on a revised text of the EU Renewable Energy Directive (RED III), which should help further speed up permitting for new and repowered renewable energy projects. Reducing permitting burdens shall contribute to corporate PPAs, which is 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 2024÷2033. Amazon, Google, Alcoa, Norsk Hydro, BASF, Bayer and Microsoft are among the key players in the market. This report provides further evidence that faster corporate PPA deployment would support transitioning to a European climate-neutral society and be beneficial economically.

  • RWE Acquires JBM Solar and Becomes a Top 3 Solar Developer in the United Kingdom

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    /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.

  • RWE Plans Innovative Demonstration Plant for Agrivoltaics in North Rhine-Westphalia, Germany

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    /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.

  • RWE Plans up to EUR 1.5 billion in Total Investment Volume in Ireland by 2030 to Support the Country's Zero Energy Transition

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    /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. 

  • RWE Starts Construction of its First 8.3 MW Solar Photovoltaic Power Plant in Italy

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    /ROME, April 29, 2024, 9:30 BST, RWE/ RWE has started the construction of its first solar plant in Italy. Bosco, an 8.3 megawatt (MWac) ground-mounted solar plant, will be installed in Partinico Municipality near Palermo, Sicily. On a 16-hectare site, around 15,000 bifacial modules1 will have the capacity to generate enough green electricity to supply the equivalent of 7,000 Italian homes. Commissioning of this solar powerr plant is planned for the end of the year.

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