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  • RE-Source 2020 – The European PPA market – an overview

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    /7th December 2020, Brussels/ Corporate Cumulative PPA capacities in Europe: So far, Europe has seen a cumulative 11.1 gigawatt (GW) of contracted renewable energy power purchase agreements (PPAs) by volume. That’s a significant increase compared to the 2.2 GW of cumulative PPA capacity in 2016. There is an increasing trend in PPAs signed in Europe annually (s. Figure 1) with a total of 145 PPAs signed in Europe to date. The demand for renewable energies spans across Europe with PPAs signed in as much as 13 different countries: Italy, Poland, France, Denmark, Belgium, Ireland, Germany, the Netherlands, Finland, the U.K., Spain, Sweden and Norway. In terms of project volume, 73% of renewable PPAs signed in Europe source electricity from wind energy.

  • RE-Source 2020: Global demand for corporate renewable electricity sourcing continues to grow despite COVID-19 pandemic

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    /7th December 2020, Brussels/ Corporate renewable electricity sourcing in Europe has shown continuous growth despite the COVID-19 pandemic, demonstrating the resilience and potential of Europe’s renewable energy sector. In November 2020, the cumulative contracted volume of corporate renewable power purchase agreements (PPAs) in Europe reached the 11 GW mark, up from just 2.2 GW by the end of 2016 and with a record 3 GW contracted in 2020 alone. This shows that more and more companies are stepping up to the challenge of reducing carbon emissions with renewable electricity, in line with the EU’s plans for a green economic recovery.

  • RECOM Grabs 20MW of Solar Photovoltaic (PV) Projects in Cyprus

    /28th August 2019, RENEWABLE MARKET WATCHTM/ RECOM, has secured, through tenders, 20MW of solar projects out of 35MW offered in Cyprus, which are planned to be installed during 2019, reported the Renewable Market Watch™. The first big project of 4.5MW in Pissouri is already under construction. Also, another two projects of 4MW have been agreed upon through the feed-in-tariff financing. For RECOM, the aforementioned projects' acquisition is a milestone in their Cyprus activities which contributes to the country’s smooth transition to solar energy.

  • Record Low Price Achieved at Latest Auction (Tender) for Renewable Energy Projects in Kazakhstan

    /28th November 2019, RENEWABLE MARKET WATCHTM/ In the course of the pilot auction for 50 MW solar photovoltaic (PV) power plant in Kazakhstan there has been a record low price set for solar photovoltaic power generation. The auction was recognized to be succeeded. The auction participants' geography is represented by 6 countries, including Kazakhstan, Italy, Russia, Germany, China, and the Netherlands.

  • Register for RE-Source 2021 Event on 14-15 October at the Okura Hotel in Amsterdam

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    /BRUSSELS, October 1, 2021, 9:00 CET, WindEurope, SolarPower Europe/ Join us for RE-Source 2021. 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.

  • Renewable Market Watch is a Media Partner of SolarPower Summit 2021: Driving Sustainable Change: 10 – 12 May Online

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    /10th May 2021, SolarPower Europe/ Join us for the second digital edition of the SolarPower Summit! The year 2021 is not just “any year”. Amidst the COVID-19 pandemic, European economies and industrial sectors have been under extreme pressure, and the lives of all Europeans have changed profoundly. The European Recovery Plan adopted by EU Member States in July 2020 aimed not only to mitigate the devastating impacts of the pandemic, but to seize a historic opportunity to revive our economies and industries, placing the fight against climate change at the heart of Europe’s future job creation and growth strategy. Renewable Market Watch™ is a Media Partner of SolarPower Summit 2021: Driving Sustainable Change.

  • Renewable Market Watch Supports the 45% Renewable Energy Target in the European Union (EU) by 2030

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    /LONDON, December 15, 2021, 9:00 GMT, RENEWABLE MARKET WATCHTM/ In partnership with eight other renewable energy and city associations, with the endorsement of scientists from the IPCC and leading universities, SolarPower Europe is calling on members of the European Parliament and EU Member States representatives to endorse a minimum 45% renewable target by 2030 to fight the climate crisis. The letter published on 8 December 2021 underlines the critical importance of accelerating the clean energy transition to avoid climate catastrophe.

  • Renewable Market Watch™ published a new report Titled "Europe Net Metering and Self-Consumption Solar Photovoltaic (PV) Market is Growing: Prosumers, BIPV, Energy Storage, Distributed Generation, Off-grid, EVs, Trends, Investments, and Forecast

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    /LONDON, October 22, 2021, 10:30 BST, RENEWABLE MARKET WATCHTM/ The current levels of dependence on fossil fuels, the need of reducing the carbon emissions associated with energy use and the prospects of developing a new and highly innovative European technology sector make distributed solar photovoltaic energy generation increasingly attractive. To understand how we may unlock the self-generation potential, the analysis Europe Net Metering and Self-Consumption Solar Photovoltaic (PV) Market Outlook 2021 – 2030 has been conducted with primary research, interviews, first-class sources of information, case studies and desk research. Based on our findings, the study drew conclusions and recommendations on developing a more comprehensive policy and regulatory framework for residential and commercial prosumers. Today, renewable energy sources have become a significant contributor to the energy transition occurring in Europe. According to the EU Green Deal, substantial fossil fuel capacity needs faster decommissioning to ensure that the EU reduces carbon-intensive power plants by 2030. The rate of replacement of carbon-intensive energy sources by renewable energy to date has already resulted in GHG emissions reductions in the EU electricity sector. Residential and commercial prosumers installing rooftop and building-integrated (BIPV) solar photovoltaic systems and energy storage shall have a vital role in the European clean energy transition by 2030.

  • 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"

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    /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.

  • Request for Prequalification for 100 MW Solar Photovoltaic Project in Uzbekistan

    /27th February 2019, RENEWABLE MARKET WATCHTM/ The state energy company Uzbekenergo and the State Investment Committee, (collectively referred to as the “Procuring Authority”) issued at the beginning of February a request for pre-qualification for the 100 MW solar PV project, in Uzbekistan. The Procuring Authority now invites prospective bidders (each a Prospective Bidder) capable of meeting the qualification criteria set out in this Request for Prequalification document (RFQ) to submit sealed prequalification applications following the requirements of this RFQ. The next stage will involve a Request for Proposals (RFP) from prequalified bidders.

  • 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. 

  • Skills Improvement is Necessary for the Renewable Energy Sector of CIS States

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    /11th March 2020, RENEWABLE MARKET WATCHTM/ The adoption of renewable power plants (especially solar and wind) in the Commonwealth of Independent States (CIS) will lead to a significant reduction in the region’s carbon footprint while saving natural gas for future or other use. In most CIS states, energy conservation is considered one of the main ways to ensure energy security. After the USSR's disintegration, the newly independent states faced severe challenges that had suddenly emerged in the energy sector. These challenges were related to providing a sustainable power supply. One of these challenges is the lack of skills for the renewable energy industry in the CIS states. The interest of policymakers in anticipating future skill needs has grown in all countries. A better-informed look into the future is viewed as an imperative of successful policies for more dynamic renewable energy markets and prosperous economies based on clean energy targets. Renewable Market Watch™ published the report Commonwealth of Independent States (CIS) Wind Power Market Outlook 2019÷2028. One of the main targets of this regional analysis is identifying impediments to the improvements that can be made in skills capacity development in the CIS region. Furthermore, in this report, an attempt is made to find ways to enhance the situation to mitigate risks related to the security of energy supplies in the CIS region.

  • Slovenian Petrol Group Enters Solar Power Market in Croatia with Portfolio of 22 MW Photovoltaic Projects

    /LONDON, February 18, 2022, 11:30 GMT, RENEWABLE MARKET WATCHTM/ Slovenian Petrol Group will invest in solar PV power plants in the Knin area of Croatia. These are three large solar power plants with a total installed capacity of 22 MW and the expected electricity generation capacity of 29 GWh as the projects completed permitting development in 2021. The solar power plants, whose total investment value is estimated at EUR 17 million, will start generating power at the beginning of 2023.

  • Solar Energy Market State in Italy

    /16th January 2018, RENEWABLE MARKET WATCHTMItaly nowadays is among leading renewable power producers in Europe. The solar photovoltaic (PV) technology has the largest stake compared to other renewable energy technologies in Italy. Reasons behind the domination of solar PV energy in Italy are favourable geographic location of the country and Italian government support system Conto Energia for solar PV projects, which started in 2005 as a strategy to meet renewable energy targets set out in the EU Directive 2001/77/EC (European Parliament and Council of European Union 2001).

  • Solar Photovoltaic (PV) Market in Sweden Grew by Nearly 78 Percent during 2018

    /31st May 2019, RENEWABLE MARKET WATCHTM/ More than half of the energy used in Sweden comes from renewable energy sources. Sweden manages to combine a high energy consumption with low carbon emissions. The government’s energy policies have also promoted the use of renewable energy. The share of renewable energy used in Sweden keeps growing. Already in 2012 the country reached the government’s 2020 target of 50 per cent. For the power sector, the target is 100 per cent renewable electricity production by 2040. 

  • Solar PV Market Review 2016 - 2017 for Central Eastern and South Eastern Europe (Free Delivered Report)

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    /9th September 2016, RENEWABLE MARKET WATCHTM/ CEE and SEE countries are promising target destination for solar PV investments in Europe. We have to point out this region has been one of the fastest growing photovoltaic markets in Europe with cumulative solar 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 solar 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 Central Eastern and South Eastern European countries have renewable energy capacity targets, assisting their goals to increase share of power generation from renewable energy sources, including solar PV energy. In EU member countries these targets are set by European Commission (EC), whilst in non-EU member countries RES targets are set in the national energy strategies or national renewable energy action plans.

  • SolarPower Summit 2021: Driving Sustainable Change: 10 – 12 May Online

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    /5h April 2021, SolarPower Europe/ Join us for the second digital edition of the SolarPower Summit! The year 2021 is not just “any year”. Amidst the COVID-19 pandemic, European economies and industrial sectors have been under extreme pressure, and the lives of all Europeans have changed profoundly. The European Recovery Plan adopted by EU Member States in July 2020 aimed not only to mitigate the devastating impacts of the pandemic, but to seize a historic opportunity to revive our economies and industries, placing the fight against climate change at the heart of Europe’s future job creation and growth strategy.

  • SolarPower Summit 2022. Next Level Solar: Shining on the energy transition: 31 March, Brussels

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    /BRUSSELS, March 10, 2022, SolarPower Europe/ In a world currently facing an array of challenges from the ongoing Covid-19 pandemic to a huge hike in energy prices and the looming threat of climate change, solar is coming to the fore as the solution to some of our most pressing issues. We know solar can, and must, significantly drive the transition to green energy. In less than ten years, solar power has transformed into the energy solution with the lowest costs and highest flexibility. Innovators are expanding the capabilities of solar technology every day. Manufacturing is making its way back to Europe. The challenge that remains: we need to be faster.

  • The European Bank for Reconstruction and Development (EBRD) to Support Solar Power Development in Albania

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    /26th October 2017, RENEWABLE MARKET WATCHTM/ The European Bank for Reconstruction and Development (EBRD) at the beginning of May 2017 has signed a memorandum of understanding (MoU) with Albania to help the country promote investment in solar PV power. Signed with the country’s Ministry of Energy and Industry, the MoU will enable the development of solar power projects through an auction system. The idea is to mobilize investment in Albania’s solar power so that the European country can reduce its dependence on energy imports and hydropower. This MoU aims to arrange and support the development of solar PV projects in Albania with a total capacity of between 50 MW and 100 MW through an auction-based system to apply the best international practices. The Albanian energy regulator (ERE) in August 2017 has set a regulated tariff €100 ($118.5)/MWh for PV projects with a capacity of up to 2 MW revealed Western Balkans Photovoltaic Market: Outlook 2016÷2025.

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