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  • 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 Strengthens its Polish Renewables Business with Acquisition of Polish Developer Alpha Solar with 3 Gigawatts Solar Pipeline

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    /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. 

  • Season's Greetings 2021 by Renewable Market Watch

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    /23rd December 2020, RENEWABLE MARKET WATCHTM/ The global energy system is undergoing rapid transformation. With the 2030 Sustainable Development Goals and the Paris Climate Agreement serves as inspiration, countries, cities, and corporations worldwide continue to take meaningful action on renewable energy development. 2019 was another historic year for the global renewable power sector mix over the past year. Renewable energy sources have continued to dominate new additions to the world’s power generation over the past year. Renewable capacity reached 2,537GW globally by the end of 2019, up 176GW from the previous year. More solar PV capacities were installed globally than any other power generation technology. Solar alone saw more new capacity deployed than fossil fuels and nuclear combined. Solar added almost twice as much capacity as its renewable peer, wind power. A total of 97.08GW of grid-connected solar photovoltaic (PV) capacity was installed globally in 2019, according to the International Renewable Energy Agency (IRENA). This led to a total global cumulative solar photovoltaic (PV) power capacity of over 580GW in 2019 after the solar exceeded the 300GW mark in 2016 and the 400GW level in 2018.

  • 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.

  • Season's Greetings 2023 by Renewable Market Watch

    /LONDON, December 16, 2022, 10:00 GMT, RENEWABLE MARKET WATCHTM/ The global renewable energy capacity growth is going to reach a new record level at the end of 2022. The world is in a global energy crisis that has not been seen for decades. The main drivers of this crisis were the growth of commodity prices since 2020 due to the COVID-19 pandemic and recovery period, the disruption of supply chains, and Russia’s invasion of Ukraine.  Europe is at the centre of this crisis, but it has significant influence over the markets and economies worldwide. However, according to the Renewable Market Watch™,  the newly installed global renewable energy capacity will grow by more than 3500 GW by 2032. There is no power to stop renewables progress for the following ten years.

  • Season's Greetings for 2017 from Renewable Market Watch

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    /23rd December 2016, RENEWABLE MARKET WATCHTM/ The global renewable energy market experienced significant developments during 2016. Renewables are expected to cover more than 60% of the increase in world electricity generation over the medium term, rapidly closing the gap with coal. Generation from renewables is expected to exceed 7,600 TWh by 2021 -- equivalent to the total electricity generation of the United States and the European Union put together today. The team of Renewable Market Watch made great efforts to give you access to exclusive information you will not be able to find elsewhere. We promise to continue in 2017 and the next years to serve you as the best source of information regarding news, analyses, reports and other industry insights about emerging renewable energy markets. To see our greeting card just press...

  • Season's Greetings for 2018 from Renewable Market Watch

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    /24th December 2017, RENEWABLE MARKET WATCHTM/ The global renewable energy market experienced significant developments during 2017. Additions in installed renewable power capacity set new records in 2016, with 161 GW installed, increasing total global capacity by almost 9% over 2015, to nearly 2,017 GW. Generation from renewables is expected to exceed 7,600 TWh by 2021 -- equivalent to the total electricity generation of the United States and the European Union put together today. The team of Renewable Market Watch made great efforts to give you access to exclusive information you will not be able to find elsewhere. We promise to continue in 2018 and the next years to serve you as the best source of information regarding news, analyses, reports and other industry insights about emerging renewable energy markets. To see our greeting card just press...

  • 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.

  • Several European Countries Led by Germany with the Lowest Cost of Capital for Utility-Scale Solar PV Projects, According to New Data Released by the International Renewable Energy Agency (IRENA)

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    /LONDON, May 9, 2023, 10:00 BST, IRENA, RENEWABLE MARKET WATCHTM/ The International Renewable Energy Agency (IRENA) published a new report, 'The Cost of Financing for Renewable Power'. Validated survey and interview results for the cost of capital of renewable power generation technologies were obtained for 45 countries on six continents. A total of 172 valid survey and interview responses were elicited from 56 experts through the survey and 33 experts in semi-structured interviews. The current cost of capital ranges from 1.1% to 12%.

  • Share of Key Clean Robot Market Players and Impact over the Home Energy Storage Market

    /27th January 2020, RENEWABLE MARKET WATCHTM/ The global cleaning robot market size was valued at USD 2.63 billion in 2019 by Renewable Market Watch™ and is anticipated to witness a CAGR of 13.7% by 2025. Major functions of a cleaning robot include determining the position of the area to be cleaned, identifying the shortest path to occupy that position, and cleaning the desired area with the attached vacuum cleaner.

  • Shell Signs 15-year Agreement with Largest Solar Project in Germany

    /LONDON, September 7, 2023, 11:00 BST, Shell/ Shell Energy Europe Limited (“Shell”) has signed a 15-year power purchase agreement with HANSAINVEST Real Assets to secure 600 megawatts (MW) of capacity at Germany’s largest solar project. Microsoft has already secured 323 MW of this renewable energy capacity from Shell.

  • Siemens Gamesa Renewable Energy (SGRE) to Assemble Wind Turbines Nacelles in Russia

    /2nd November 2018, David Weston, WindPower Monthly/ Siemens Gamesa Renewable Energy (SGRE) has signed a cooperation agreement with Siemens Gas Turbine Technologies (SGTT) to assemble wind turbine nacelles in Russia. SGTT, a gas turbine manufacturing joint venture involving SGRE’s majority shareholder Siemens, operates a 12,700 square metre facility in the outskirts of St Petersburg, western Russia.

  • Sixth Energy Access Investment Forum of the Alliance for Rural Electrification

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    /21st July 2020, Alliance for Rural Electrification (ARE), RENEWABLE MARKET WATCHTM/ In light of the transitory global situation with COVID-19 and the precautionary measures implemented by the Zambia Ministry of Health to quarantine all international travellers for 14 days, ARE has decided to postpone the 6th ARE Energy Access Investment Forum to 17-18 March 2021. EAIF is a well-established political exchange and business event organised by ARE with local and regional partners - aimed at assisting the private and public sector to get up to speed on the latest developments in the off-grid sector and do business. The ARE Forum is supported by our long-standing partner GET.invest, a European programme that mobilises renewable energy investments.

  • 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.

  • Slovenian Solar Photovoltaic (PV) Power Market with Stellar Growth in 2022 and Excellent Development Opportunities by 2030

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    /LONDON, April 18, 2023, 10:30 BST, RENEWABLE MARKET WATCHTM/ By the end of 2022, Slovenia had a cumulative installed capacity of 711MW and registered an increase of 250MW compared to 2021. The country scored its best year in 2022 regarding the YoY growth in new solar PV capacity additions. The residential solar market accounted for almost all of the new capacity additions, according to the Western Balkans Solar Photovoltaic (PV) Power Market Outlook 2023÷2032 Solar demand in Slovenia will continue as the main drivers will be prolonging the net-metering scheme extension until the end of 2023 and the energy crisis in Europe. The Ministry of Infrastructure is drafting a plan to install a new 1,000MW (1 GW) solar PV capacity in Slovenia with the support of the national transmission system operator (ELES) and the distribution system operator SODO.

  • SMA Solar Technology AG Announced an Increase in Sales and Earnings in 2022 and Expects Positive Results for 2023

    /NIESTETAL, GERMANY, March 13, 2023, 11:15 GMT, SMA/ Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FWB: S92) has presented provisional, non-audited figures for 2022 as a whole. The figures report that SMA group sales rose by 8.4% year on year to €1,065.9 million (2021: €983.4 million) despite pronounced procurement supply shortages. Earnings before interest, taxes and depreciation (EBITDA) increased significantly to €70.0 million from €8.5 million in the 2021 fiscal year. This corresponds to an EBITDA margin of 6.6% (2021: 0.9%).

  • 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, 10:00 GMT, 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.

  • SolarPower Summit 2023: Get ready for solar: 8-9 March, Brussels

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    /BRUSSELS, January 12, 2023, 10:00 GMT, SolarPower Europe/ The energy crisis is on everyone’s mind. Europe is faced with choices: reinforced dependency on fossil fuels, or stronger energy security? More LNG terminals, or more solar fields? Europe must opt for the right solution to fix the energy crisis. Only solar and renewables will take us out of the energy crisis, strengthen our security, and put us on track to achieve Europe’s urgent climate goals. The energy security finish line is in sight and Europe is equipped with an EU Solar Strategy. But to implement the historic solar expansion we need, we still have hurdles to overcome.

  • Sonnedix and Endesa Sign a 12-year PPA for 77MW Portfolio in Spain

    /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. 

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