/22^nd March 2020, RENEWABLE MARKET WATCH^TM/ 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.

/30^rd April 2018, RENEWABLE MARKET WATCH^TM/ Investment in solar photovoltaic (PV) power capacity is growing in Europe, and, although utility-scale solar photovoltaic (PV) power plants with capacity above 1 MW continue to dominate the market, distributed solar is also growing rapidly. There is clear trend solar photovoltaic (PV) sector’s growth in Europe is moving towards self‑consumption and net metering according to recently published report Europe Net Metering and Self-Consumption Solar PV Market Outlook 2017 - 2026. According industry analysts of Renewable Market Watch™, this trend may be expected to continue, as the EU administration is working to establish new more effective business and regulatory framework to stimulate distributed solar photovoltaic (PV) and other decentralized renewable energy sources. Electric vehicles are an essential part of a clean energy future and supported by clean electricity such as solar photovoltaic (PV) power, their impact on carbon emission reduction can grow even more. As electric vehicles plug in to the grid at night, they increase usage. This in turn can encourage home owners and utilities to add more solar powered charge-in capacity to the grid and solar photovoltaic (PV) power may have prevailing part over other renewable energy sources (RES).

/30^th November 2016, RENEWABLE MARKET WATCH^TM/ Distributed solar power,  which has been the backbone for the bulk of the solar PV sector’s growth in  Europe,  is moving towards self‑consumption and net metering according to recently published report Europe Net Metering and Self-Consumption Solar PV Market Outlook 2016 - 2025. In February 2015, the European Commission published its new Energy Union strategy depicting a vision in which “citizens take ownership of the energy transition, benefit from new technologies to reduce their bills, participate actively in the market”. Besides greater consumers’ involvement, the energy transition will require much more renewables. This paradigm shift has already started: In 2014 and for the first time, renewables produced more power than nuclear in Europe. And this trend will continue: according to the European Commission’s forecasts, renewables will cover around 45% of our electricity demand by 2030, and their share is expected to grow to 60% ÷ 97% by 2050. This represents a major opportunity to establish a clean, secure and resilient energy system on which the European economy can grow.

/BRUSSELS, January 8, 2024, 12:00 GMT, European Commission, RENEWABLE MARKET WATCH^TM/ The European Commission has approved a €2.9 billion French scheme for supporting investment in green industries (tax credit for investment in green industries) to foster the transition towards a net-zero economy, in line with the Green Deal Industrial Plan. The scheme was approved under the State aid Temporary Crisis and Transition Framework, adopted by the Commission on 9 March 2023 and amended on 20 November 2023, to support measures in sectors which are crucial for accelerating the green transition and reducing fossil fuel dependencies. France has notified to the Commission, under the Temporary Crisis and Transition Framework, a €2.9 billion scheme for supporting investment in green industries to foster the transition to a net-zero economy.

/BRUSSELS, March 14, 2023, 15:00 GMT, European Commission, RENEWABLE MARKET WATCH^TM/ Today, the Commission has proposed to reform the EU's electricity market design to accelerate a surge in renewables and the phase-out of gas, make consumer bills less dependent on volatile fossil fuel prices, better protect consumers from future price spikes and potential market manipulation, and make the EU's industry clean and more competitive. The EU has had an efficient, well-integrated electricity market for over twenty years, allowing consumers to reap the economic benefits of a single energy market, ensuring the security of supply and stimulating the decarbonisation process.

/LONDON, December 7, 2021, 15:30 GMT, RENEWABLE MARKET WATCH^TM/ The European Council reached an agreement on a proposal to update EU rules on value-added tax (VAT) rates. The new rules reflect member states’ current needs and the EU's present policy objectives, which have changed considerably since the old rules were put in place. The updates ensure member states are treated equally and give them more flexibility to apply reduced and zero VAT rates. The rules will also phase out preferential treatments for environmentally harmful goods. 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. 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.

/BRUSSELS, November 24, 2022, 17:20 GMT, European Commission, RENEWABLE MARKET WATCH^TM/ EU energy ministers today agreed on the content of a Council regulation laying down a temporary framework to accelerate the permit-granting process and the deployment of renewable energy projects. The regulation will introduce urgent and targeted measures that address specific technologies and types of projects, which have the highest potential for quick deployment and the least impact on the environment.The new temporary will rules set maximum deadlines for granting permits for solar energy equipment, upgrading existing renewable power plants (repowering) and the deployment of heat pumps. In addition, they will introduce a presumption of overriding public interest for renewable energy projects.

/BRUSSELS, July 19, 2023, 14:00 BST, European Commission, RENEWABLE MARKET WATCH^TM/ In their amendments to the draft legislation, Members of the European Parliament (MEPs) propose to further strengthen consumer protection against volatile prices. The reform of the electricity market, to make it more stable, affordable and sustainable, received the support of the Energy Committee on Wednesday (July 19, 2023). Consumers should have the right to fixed-price contracts, dynamic price contracts, as well as more key information on the options they sign up to, banning suppliers from being able to unilaterally change the terms of a contract. The aim is to ensure that all consumers, as well as small businesses, would benefit from long-term, affordable and stable prices and to mitigate the impact of sudden price shocks. MEPs also advocate that EU countries prohibit suppliers from cutting the electricity supply of vulnerable customers, including during disputes between suppliers and customers, and prevent suppliers from requiring these customers to use prepayment systems.

/LONDON, October 22, 2021, 10:30 BST, RENEWABLE MARKET WATCH^TM/ 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.

/LONDON, October 11, 2022, 10:30 BST, RENEWABLE MARKET WATCH^TM/ The current levels of dependence on fossil fuels, the need to reduce 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 2022 – 2031 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.

/LONDON, January 25, 2023, 9:30 GMT, RENEWABLE MARKET WATCH^TM/ The current levels of dependence on fossil fuels, the need to reduce 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. 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. To understand how we may unlock the self-generation potential, the analysis Europe Net Metering and Self-Consumption Solar Photovoltaic (PV) Market Outlook 2023 – 2032 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. 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 2032.

/LONDON, February 15, 2023, 9:00 GMT, PRNewswire/ The growth of the European solar power market in 2022 has exceeded all expectations. The cumulative installed solar photovoltaic (PV) capacity in Europe reached 244.3GW at the end of 2022, which is an almost 23 per cent increase compared to 198.8GW at the end of 2021, according to the recently published study Europe Solar Photovoltaic (PV) Power Market Outlook 2023 ÷ 2032. Germany was the largest market in 2022, adding 7.9 GW of new capacity, followed by Spain (7.5 GW), Poland (4.9 GW), Netherlands (4 GW), and France (2.7 GW). In the EU-27 member states, the solar PV market scored an impressive increase in annual installed capacity by 47 per cent in 2022, from 28.1 GW in 2021 to 41.4 GW in 2022. Amarenco, Axpo, BayWa r.e., EDPR, Enel Green Power, ENGIE, Hanhwa Q-Cells, Huawei, Iberdrola, First Solar, Jinko, Lightsource bp, LONGi Solar, RWE, SMA and Total Eren, are among the key players in the market.

/LONDON, March 5, 2024, 9:00 GMT, RENEWABLE MARKET WATCH^TM/ The growth of the European solar power market in 2023 had a remarkable performance. The annual installed capacity solar photovoltaic (PV) capacity in Europe reached 307 GW at the end of 2023, which is a 24 per cent increase compared to 247.6 GW at the end of 2022, according to the recently published study Europe Solar Photovoltaic (PV) Power Market Outlook 2024 ÷ 2033. Germany was again the largest market in 2023, adding a record 14.1 GW of new capacity, followed by Spain (8.22 GW), Poland (4.6 GW), Netherlands (4.5 GW), and Italy (4.9 GW). In the EU-27 member states, the solar PV market scored the best solar year in history with growth in annual installed capacity by 40 per cent in 2023, from 40 GW in 2022 to 56 GW in 2023.

/LONDON, September 25, 2023, 8:30 BST, RENEWABLE MARKET WATCH^TM/ The current levels of dependence on fossil fuels, the need to reduce 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. 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. To understand how we may unlock the self-generation potential, the latest update of the analysis Europe Net Metering and Self-Consumption Solar Photovoltaic (PV) Market Outlook 2023 – 2032 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. The top 5 markets for net metering and self-consultion solar power are Germany, Italy, the Netherlands, France and the UK. 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 2032.

/LONDON, September 5, 2023, 9:00 BST, RENEWABLE MARKET WATCH^TM/ The growth of the European solar power market in 2022 has exceeded all expectations. The cumulative installed solar photovoltaic (PV) capacity in Europe reached 244.3GW at the end of 2022, which is an almost 23 per cent increase compared to 198.8GW at the end of 2021, according to the recently published study Europe Solar Photovoltaic (PV) Power Market Outlook 2023 ÷ 2032. Germany was the largest market in 2022, adding 7.9 GW of new capacity, followed by Spain (7.5 GW), Poland (4.9 GW), Netherlands (4 GW), and France (2.7 GW). In the EU-27 member states, the solar PV market scored an impressive increase in annual installed capacity by 47 per cent in 2022, from 28.1 GW in 2021 to 41.4 GW in 2022. Amarenco, Axpo, BayWa r.e., EDPR, Enel Green Power, ENGIE, Hanhwa Q-Cells, Huawei, Iberdrola, First Solar, Jinko, Lightsource bp, LONGi Solar, RWE, SMA and Total Eren, are among the key players in the market.

/9^th September 2016, RENEWABLE MARKET WATCH^TM/ 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.

/BRUSSELS, March 21, 2024, 11:00 GMT, European Commission, RENEWABLE MARKET WATCH^TM/ Today, the EU Mission Label was awarded to 23 cities as part of the EU Mission for Climate-Neutral and Smart Cities, one of the EU Missions under Horizon Europe. The Label recognises the cities' plans to achieve climate neutrality by 2030 and aims to facilitate access to public and private funding towards that objective. The first ten cities received the Label in October 2023. The EU Mission Label was awarded by Iliana Ivanova, Commissioner for Innovation, Research, Culture, Education and Youth during a ceremony with mayors and city representatives at the EU Research & Innovation Days, the biggest forum in Europe to discuss the future of science and innovation and to co-create solutions with citizens and stakeholders.