/18^th September 2020, EBRD, RENEWABLE MARKET WATCH^TM/ The European Bank for Reconstruction and Development (EBRD) is organising new financing for the construction of a 76MWp solar plant in the Karaganda region of Kazakhstan, a leader in the development of renewable energy in Central Asia, with a total installed solar capacity of 216MWp. The US$ 42.6 million package provided to the well-established German developer Joachim Goldbeck Holding GmbH will consist of an EBRD local currency loan of up to US$ 28 million (Kazakh tenge equivalent), a concessional loan of up to US$ 11.5 million provided by the Green Climate Fund (GCF), the world’s largest climate fund and a concessional loan of up to US$ 3.1 million provided by the Climate Investment Funds’ Clean Technology Fund (CTF). The new solar plant will help reduce annual CO2 emissions by more than 80,000 tonnes and contribute to meeting Kazakhstan’s national emission reduction targets as well as the EBRD’s Green Economy Transition strategy.

/31^st May 2017, IEA/ The greater uptake of distributed VRE shifts the historic balance of supply and demand in the electricity network and calls for a revision of the institutional arrangements guiding low- and medium-voltage grids. The rise of distributed generation assets – dominated by the rapid uptake of solar PV – translates into the growing complexity of power flows within the distribution grid. This provokes the need for innovative approaches to the planning and operation of low- and medium-voltage grids, with technical, economic and institutional implications. On the technical side, more dynamic and bi-directional flows of electricity (from lower to higher voltage levels and vice versa) require reinforced monitoring and control capabilities as well as upgrades to infrastructure. Moreover, planning standards need upgrading to manage the uptake of large shares of distributed resources. In this context, next-generation VRE technology – such as advanced inverters – can offer technical capabilities to support and sustain safe and reliable operations in local power grids, while also reducing energy losses in the overall power system.

/10^th 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. 

/LONDON, December 16, 2021, 10:00 GMT, Alerion Clean Power, RENEWABLE MARKET WATCH^TM/ The Italian company Alerion Clean Power S.p.A. has signed with Black Sea Wind Partners S.r.l. (a leading company in the development of wind projects in Romania) a development agreement for 3 new wind farm projects in Romania, with a capacity of up to 550 MW. The authorization process for the plants under development is expected to be completed by the end of 2024. The agreement reinforces the growth program that Alerion is pursuing abroad, particularly in Romania. Furthermore, Alerion will accelerate the growth in a market with very large growth perspectives, thanks also to the renewable development plans promoted by the Romanian government. In May 2021, Alerion signed an agreement with Monsson Alma to develop three new wind farm projects in Romania with 350 MW total capacity. The Moldova and Dobrogea provinces (in the southeast of the country, near the Black Sea) were considered the most appropriate areas for wind farm developments, according to the Romania Wind Power Market Outlook 2021÷2030. 

/5^th May 2021, Alerion Clean Power, RENEWABLE MARKET WATCH^TM/ The Italian company Alerion Clean Power S.p.A. has signed with Monsson Alma, a leading company in the development of wind projects in Romania, and the shareholders of the relevant project companies a development agreement for 3 new wind projects in Romania, with a capacity of approximately 350 MW. The authorization process for the plants under development is expected to be completed by the end of 2022. The agreement will allow Alerion to accelerate the growth in a market with very large growth perspectives, thanks also to the renewable development plans promoted by the Romanian government. The Moldova and Dobrogea provinces (in the southeast of the country, near the Black Sea) were considered the most appropriate areas for wind farm developments, according to the Romania Wind Power Market Outlook 2021÷2030. The southeast of Dobrogea was ranked second in terms of potential in Europe according to specialized studies. Romanian wind potential is estimated at around 14,000 MW (14 GW) installed capacity, generating about 23 TWh. per year.

/29^th May 2020, RENEWABLE MARKET WATCH^TM/ This is unique thorough and detailed market report, which offers an incisive and reliable overview of the solar photovoltaic sector of Asian countries for the next long term period 2020 ÷ 2030. You will receive an overview of how the COVID-19 (Coronavirus) will impact this market. The rooftop market segment in many countries is not developed and forecasted to score significant growth shortly. The report provides a complete picture of the market situation, dynamics, risks, current issues and prospects.

/ESSEN/MADRID, August 25, 2023, 08:05 CET, Asterion Industrial Partners/ Asterion Industrial Partners, an independent investment management firm focused on European infrastructure, has signed a purchase agreement for the acquisition of the energy utility STEAG from the consortium Kommunale Beteiligungsgesellschaft (KSBG), which represents the municipal utilities of the cities of Dortmund, Duisburg, Bochum, Essen, Oberhausen, and Dinslaken. The transaction values STEAG at an enterprise value of around €2.6 billion.

/BRUSSELS, September 30, 2022, 10:00 BST, Aukera/ Aukera BV to acquire a solar PV portfolio of projects under development across Germany with an initial 1,000 MW of total capacity from securenergy solutions AG. securenergy will be responsible for the development of the projects, which Aukera intends to build, own, and operate as part of its strategy. The agreement has been structured as a Joint Venture. Aukera is seeking to expand its presence in Germany and aims to consolidate its position in the renewable energy sector, across solar PV, onshore wind, and storage, with further acquisitions..

/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.

/MUNICH, June 10, 2022, 13:15 BST, PVEurope, BayWa r.e. Renewable Energy GmbH/ BayWa r.e. has commissioned a solar park with battery storage in Villingen-Schwenningen in Baden-Württemberg/Germany. The plant combination is supported by the innovation tender of the Federal Network Agency. The solar park, with a capacity of 7 MW, can generate approximately 8 million kWh of green electricity annually, which is equivalent to the consumption of 2,500 average households in Germany. The storage capacity of the 3 MW battery storage is 4 MWh. Marc Krezer, Head of Project Development PV Germany, comments on the commissioning: "We would like to thank the Villingen-Schwenningen municipality for the good cooperation and are pleased with the timely completion and commissioning of the Spitalhöfe solar park. From now on, the plant combination can feed electricity into the grid. The storage facility makes an important contribution to grid stability and security of supply."

/MUNICH, October 26, 2023, 14:30 GMT, BayWa r.e. Renewable Energy GmbH/ BayWa r.e. has secured €6.5 million in funding from the EU’s LIFE Programme, which will be used to develop six projects across five countries by 2027, combining agriculture with solar power generation. All six projects are either first or significant steps forward for their respective markets. Working closely with EU representatives, landowners, and local communities, BayWa r.e. aims to develop the commercial viability of Agri-PV and to demonstrate its benefits as an effective climate-adaptation strategy for fruit and crop cultivation in Europe. BayWa r.e. has been instrumental in proving the benefits for using Agri-PV to supplement fruit farming at scale (fruitvoltaics). As part of EU LIFE ADAPT-PV, three of these new projects, in France, Spain, and the Netherlands, aim to increase fruitvoltaic projects’ resistance to climate change by providing a combination of crop protection and generation of green solar energy, within an innovative financing model.

/26^th February 2021, SolarPower Europe, RENEWABLE MARKET WATCH^TM/ Belgium recorded its best year for new installations as cumulative installed solar photovoltaic capacity exceed 10 GW at the end of 2020. A study conducted by Ecofys, suggests that Belgium could set a renewable energy target between 22,5% and 27,2%. The association recommends an objective at 25% renewables minimum. Solar photovoltaic (PV) power in Belgium had a strong performance in 2020 despite the negative health, social and economic effects of the COVID-19 (Coronavirus) pandemic, revealed the recent update of Europe Solar Photovoltaic (PV) Power Market Outlook: 2021 ÷ 2030.  Each of Belgium’s three regions has its own regulatory framework for solar and renewable energy. The country has the potential to reach 18 GW of solar capacity by 2040, according to the grid operator Elia. Solar PV developments have very good prospects in Belgium as solar technology costs are going down.

/26^th October 2020, Dnevne Novine, Crnogorski ekonomski portalBankar.me, RENEWABLE MARKET WATCH^TM/ The Government of Montenegro stated that all preconditions have been created for the construction of the solar power plant "Briska Gora" on an area of ​​as much as 925.25 hectares, is twice as large as previously planned, Dnevne Novine writes. Amendments to the Spatial Development Plan in Ulcinj, Montenegro propose to increase the zone for the construction of a solar power plant from 467 hectares to 925.25 hectares. "It is proposed to increase the solar power plant's capacity from 118 MW to 262 MW". This is stated in the new government information on preparing documentation for the needs of development projects. Montenegro will need to invest in additional power generation capacity in the coming years to compensate expected decommissioning of the existing Pljevlja coal plant, according to the Western Balkans Solar Photovoltaic (PV) Power Market Outlook 2020÷2030. The country has no infrastructure for natural gas distribution and does not currently extract oil, though the government is interested in oil and gas production in the Adriatic Sea.

/18^th December 2020, RENEWABLE MARKET WATCH^TM/ Solar photovoltaic (PV) power in the European Union had a strong performance in 2020 despite the negative health, social and economic effects of the COVID-19 (Coronavirus) pandemic, revealed the recent update of Europe Solar Photovoltaic (PV) Power Market Outlook: 2020 ÷ 2030.  The EU member states installed 18.2GW of solar power capacity in 2020, an 11% improvement over the 16.2GW deployed in the previous year, according to the recently released report EU Market Outlook for SolarPower 2020-2024 by SolarPower Europe. With minimal solar power installation activity in Bulgaria and Romania in the last few years, the prediction model of SolarPower Europe shows the up-and-coming gigawatt new solar photovoltaic (PV) capacity addition opportunities for Bulgaria and Romania by 2024. SolarPower Europe’s growth assumptions are much higher than the targets formulated by EU member states in their National Energy and Climate Plans (NECP). But with drivers for solar energy in Europe only getting stronger, the foundation is laid for further rapid growth in the coming years.

/16^th April 2021, RENEWABLE MARKET WATCH^TM/ Development of operational solar PV power plants in Bulgaria started with very moderate steps in 2007 but progressed with fast paces after the second half of 2010. At the end of 2018 cumulative installed solar PV capacity in Bulgaria reached 1,036 MW. Several large scale solar photovoltaic (PV) projects with a capacity above 50 MW have been announced in Bulgaria after 2018 and these projects will be built between 2021 and 2024. In the last few years, Bulgaria has been the focus of the investors’ interest. The political stability and predictability due to the NATO membership and to the EU accession, the stable economic perspective and the growing credit rating of the country and its institutions were only some of the elements attracting the investors’ interest. External investors have been attracted by rapidly developing national industry, highly skilled workforce and significant new market.

/LONDON, May 18, 2022, 9:15 BST, RENEWABLE MARKET WATCH^TM/ Development of operational solar PV power plants in Bulgaria started with very moderate steps in 2007 but progressed at fast paces after the second half of 2010. At the end of 2021, Bulgaria's cumulative installed solar PV capacity reached 1,186 MW. Several large scale solar photovoltaic (PV) projects with a capacity above 50 MW have been announced in Bulgaria after 2018, and these projects will be built between 2022 and 2024. In the last few years, Bulgaria has been the focus of the investors’ interest. Furthermore, Bulgaria quickly has to diminish its dependency on Russian energy imports, and solar power is one of the best renewable energy alternatives. 

/LONDON, March 7, 2023, 9:30 GMT, RENEWABLE MARKET WATCH^TM/ Development of operational solar PV power plants in Bulgaria started with very moderate steps in 2007 but progressed at fast paces after the second half of 2010. At the end of 2022, Bulgaria's cumulative installed solar PV capacity exceeded 1,500 MW (1.5 GW). Several large-scale solar photovoltaic (PV) projects with a power capacity above 50 MW were launched into commercial operation in Bulgaria in 2022. Local and international investors will build new solar projects between 2023 and 2025. In the last few years, Bulgaria has been the focus of the investors’ interest. Furthermore, Bulgaria quickly has to diminish its dependency on Russian energy imports, and solar power is one of the best renewable energy alternatives. 

/25^th February 2021, RENEWABLE MARKET WATCH^TM/ This is the first-ever made thorough and detailed market report, which offers an incisive and reliable overview of the wind energy sector of Bulgaria for the next long term period 2020 ÷ 2030. The number of fully permitted and ready to build projects is promptly increasing. This study is intended to provide the reader with an overview of the economics and regulation of the industry.

/LONDON, October 3, 2022, 11:00 BST, RENEWABLE MARKET WATCH^TM/ This is the first-ever made, a thorough and detailed market report, which offers an incisive and reliable overview of the wind energy sector of Bulgaria for the next long-term period 2022 ÷ 2031. The number of fully permitted and ready-to-build projects is promptly increasing. This study is intended to provide the reader with an overview of the economics and regulation of the industry.

/18^th January 2021, RENEWABLE MARKET WATCH^TM/ Bulgarian Commission on Protection of Competition Approved the Acquisition of 42 MW Wind Farm of MET Group from Enel Green Power. The Swiss-based MET Renewables Holding AG has notified the Commission for Protection of Competition in Bulgaria of its intention to acquire sole direct control over Enel Green Power Bulgaria EAD. The parent company is a subsidiary of the Italian Enel Green Power, which is part of the Enel Group and its activities are related to the management of 42 MW wind farm consisting of two sites with a total number of 14 SPV companies that own 14 wind turbines of 3 MW each, all in Northeastern Bulgaria. The buyer, MET Renewables Holding AG is a new company, but it is backed by the Swiss group MET, with direct owner MET Holding AG. However, it has been operating in Bulgaria since 2017 through its subsidiary MET Energy Trading Bulgaria. It is active in the electricity trading market at freely negotiated prices.