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  • R.Power to Receive a Syndicated Bank Loan of EUR 53 Million to Construct 91 MWp of Solar Photovoltaic (PV) Projects in Poland

    /27th July 2021, RENEWABLE MARKET WATCHTM/ The well-established Polish solar project developer R.Power announced that it would receive a Syndicated Bank Loan of approximately EUR 53 Million to construct 91 MWp of Solar Photovoltaic (PV) Projects in Poland. BNP Paribas Bank Polska and Santander Bank Polska signed the financing agreement with R.Power, and these two banks will split the loan amount equally. The company will use the loan to build seven solar photovoltaic (PV) power plants in Poland. These solar projects are part of the 299 MW portfolio that R.Power won on Polish RES auctions earlier this year.

  • 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.

  • Renewable Market Watch™ to Participate in the Energy Action Day Organised by IRENA

    /LONDON, September 16, 2021, 9:30 BST, RENEWABLE MARKET WATCHTM/ The UN High-Level Dialogue on Energy aims to provide transformational action on the energy-related goals of the 2030 Agenda and support the implementation of the Paris Agreement. The world has less than nine years to achieve the goal of ensuring clean energy for all, and we are falling behind. Transformational energy transitions require dramatically upscaling renewable energy and energy efficiency and equally downscaling and phasing out coal and other fossil fuels while innovating for the future, to arrive at the global decarbonization goal required to achieve net zero by 2050.

  • Renewable Market Watch™ to Participate in the RE-Source 2021 Event on 14-15 October at the Okura Hotel in Amsterdam

    /AMSTERDAM, October 13, 2021, 9:00 BST, RENEWABLE MARKET WATCHTM/ 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.

  • Romania Solar Photovoltaic (PV) Power Market: Outlook 2020 - 2030 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /16th April 2021, 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. 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 12th largest country and also the 7th most populous member state of the European Union, having almost 20 million inhabitants. The current cumulative installed PV capacity grew up from 29 MW in 2012 to over 1380 MW in 2020. 

  • Romania Solar Photovoltaic (PV) Power Market: Outlook 2021 - 2030 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /LONDON, October 19, 2021, 9:15 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 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 12th largest country and also the 7th most populous member state of the European Union, having almost 20 million inhabitants. The current cumulative installed PV capacity grew up from 29 MW in 2012 to over 1,380 MW in 2020. 

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

    Kazakhstan to Focus on Renewable Energy small

    /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. 

  • Season's Greetings 2022 by Renewable Market Watch

    /LONDON, December 16, 2021, 10:00 GMT, RENEWABLE MARKET WATCHTM/ The global renewable energy capacity growth is going to reach a new record level in 2021. Besides the new mutations of COVID-19, we were surprised by a spike in commodity prices, increased logistic cost and increased production cost of solar PV modules and wind turbines. However, according to the Renewable Market Watch, there was no power to stop renewables progress this year.

  • Self-Consumption Solar PV Systems Easier for Installation in Castilla-La Mancha Region of Spain Due to the Efforts of the Spanish Photovoltaic Union (UNEF)

    /9th March 2021, UNEF/ The Spanish Photovoltaic Union (UNEF) has managed to get Castilla-La Mancha to approve the adaptation of the regional urban planning laws regarding the self-consumption solar PV systems. These facilities are treated through prior communication, which considerably speeds up administrative processing. With this, it would already be more than half the Autonomous Communities that have eliminated this administrative barrier to self-consumption solar PV systems and, therefore, streamlined the approval processes.

  • STEAG Sells Crucea Wind Farm with 108 MW Power Capacity in Romania to the State-Controlled Company Hidroelectrica

    /23rd December 2020, STEAG, RENEWABLE MARKET WATCHTM/ The German company STEAG sells its Romanian onshore Wind Farm Crucea to the Romanian producer of renewable energies Hidroelectrica. This has to be seen in connection with the strategic realignment of STEAG, concerning the new company’s strategy to focus on the French wind energy market. STEAG currently operates wind farms in both France and Germany. 

  • The Business Booster 2021 is coming to Berlin!

    /BERLIN, October 29, 2021, 10:30 CET, EIT InnoEnergy, RENEWABLE MARKET WATCHTM/ For several years, the energy industry has unwaveringly explored, innovated and invested in technologies and services. But now, as the world re-builds, you are standing witness to the next industrial revolution – one that is sustainable, decarbonised and digital. Coronavirus has crippled economies, Europe has increased its targets for reducing carbon emissions and the USA has re-entered the Paris Agreement.

  • The European Alliance for a Green Recovery is Launched

    /18th 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.

  • The European Commission Published the List of Members of the Platform on Sustainable Finance

    /5th October 2020, The European Commission, RENEWABLE MARKET WATCHTM/ 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.

  • The European Commission Raises Climate Ambition and Proposes 55% Cut in Emissions by 2030

    /18th September 2020, The European Commission, RENEWABLE MARKET WATCHTM/ 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).

  • The French Energy Regulatory Commission (CRE) Awards 22 Agro Photovoltaic (Agrivoltaic) Projects Using Technology of Sun'Agri

    /5th January 2020, Sun'Agri, RENEWABLE MARKET WATCHTM/ The French Energy Regulatory Commission (CRE) has announced the results of its third “innovative solar photovoltaic” call for tenders. Thirty-one winning projects are agrivoltaic systems, 72% of which correspond to 22 projects using Sun'Agri technology, a breakthrough innovation allowing agriculture to adapt to climate change. This call for tenders confirms French ambitions in terms of agrivoltaic systems.

  • The Rise of the European Corporate Renewable PPA Market

    Europe Corporate PPA small

    /12th June 2019, RENEWABLE MARKET WATCHTM/ 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.

  • Turkey Solar Photovoltaic (PV) Power Market: Outlook 2020 - 2030 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /17th June 2020, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable long-term overview of the country's photovoltaic sector for the next long term period 2020 ÷ 2030. Turkey has the sixth-largest electricity market in Europe and one of the fastest-growing in the world. Because of cuts in FIT’s announced in Germany, Spain, France, UK, Czech Republic, Slovakia, Bulgaria and Italy after 2012, Turkey represents interesting investment environment in South-East Europe with excellent solar irradiation.

  • UK Launches Research into Space-based Solar Power Station

    /18th November 2020, Priyanka Shrestha, Energy Live News/ The UK has launched research into whether solar power in space could offer the potential for an unlimited and constant zero carbon source, backed by the government and the Space Agency. The government is commissioning the project into space-based solar power (SBSP) systems that would use very large solar satellites to collect renewable energy, convert it into radio waves and safely beam it back to ground-based receivers connected to the electric grid..

  • Ukraine Renewable Energy Power Market: Outlook 2020 - 2030 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /21st December 2020, RENEWABLE MARKET WATCHTM/ The technical and economic potential for clean power generation from solar PV, wind, and bioenergy in Ukraine is considerable. Broader development of renewable energy would also play an essential role in existing policy goals of reducing the dependency on imported natural gas and diversification of the more secure energy supply. Ukrainian solar and wind power sectors scored remarkable progress between 2012 and 2020. 

  • UNEF Celebrates the Success of the Spanish Auction Model for Photovoltaic Energy Competitiveness

    /9th February 2020, Global Solar Council/ The Unión Española Fotovoltaica (UNEF) doubly celebrates the success of the first renewable energy auction in Spain call since 2017 in which photovoltaic energy has demonstrated its competitiveness by achieving 2,036 MW of the 3,034 auctioned MW. It also congratulates itself because the awarding has been widely distributed among companies and has covered all sizes of projects, accommodating a wide variety of players.

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