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  • 437.8 MW Renewable Energy Capacity Awarded in the First Joint Solar Wind Power Tender in Greece

    /25th April 2019, RENEWABLE MARKET WATCHTM/ Greece has announced the results of its 600 MW renewable energy tender awarding 437.78 MW capacity. The tender had been oversubscribed with bids coming in for 637.78 MW capacity (see 600 MW Greek Tender Gets 638 MW Bids). Greek energy regulator RAE reported the weighted average price of the winning bids in the tender was €0.057 ($0.064) per kWh with bids ranging between €0.053 to €0.06472 ($0.059 to $0.073) per kWh. The Regulatory Authority for Energy (RAE) is an independent administrative authority, which enjoys, by the provisions of the law establishing it, financial and administrative independence. 

  • A Paradigm Shift for Low and Medium Voltage Grids Regarding Variable Renewable Energy Generation

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    /31st 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.

  • Advances in Perovskite Research - Shooting stars of modern photovoltaics

    /11th July 2017, Sandra Henderson/, On their quest to better understand and thus be able to optimize perovskite solar cells, researchers from the Karlsruhe Institute of Technology (KIT) in Germany have discovered in the perovskite layers strips of nanostructures with alternating directions of polarization that could serve as transport paths for charge carriers. “Perovskite solar cells are widely considered the shooting stars of modern photovoltaics,” says Dr Alexander Colsmann, head of KIT’s Organic Photovoltaics Group, adding that their underlying working principles are not yet well understood, however. Thus, the KIT team set out to investigate the material properties and working principles of organometal halide — or more specifically, methylammonium lead iodide (MAPbI3) — perovskite thin-films.

  • Armenia Pre-qualified Companies for a Tender about 55 MW Solar PV Power Plant Masrik-1

    /24th July 2017, RENEWABLE MARKET WATCHTM/, Ministry of Energy Infrastructure and Natural Resources of Armenia announced last week that 10 companies have been pre-qualified for a tender about 55 MW solar PV power plant located in the Masrik region of Gegharkunik province. The project cost is estimated to be between $40 to $60 million. The tender is being conducted by the Armenia Renewable Resources and Energy Efficiency Fund. Private developers or consortia can bid to design, finance, build, own and operate the 55 MW Masrik-1 Solar PV Power Plant. A special-purpose company to be owned 100% by the successful bidder will have to be incorporated in Armenia.

  • Asia Photovoltaic Market: Outlook 2020 - 2030 - Trends, Investments, Analysis, COVID-19 Impact, Projections

    /29th May 2020, RENEWABLE MARKET WATCHTM/ 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.

  • Asterion Industrial Partners Acquires Energy Utility STEAG in a Deal Worth Around €2.6 Billion

    /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.

  • Aukera Signs a Joint Development Agreement with Securenergy for a solar photovoltaic (PV) portfolio acquisition of 1,000 MW in Germany

    /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..

  • Better Energy and Andel Join Forces to Build 15 Solar Energy Parks with a Power Capacity of up to 2 GWp

    /COPENHAGEN, January 9, 2024, 11:00 CET, Better Energy, Andel/ Andel and Better Energy have entered a joint partnership with the aim to construct 15 energy parks in Denmark between 2024 and 2028. Each partner will own 50% of the completed portfolio, with Better Energy managing the parks' development, construction and technical operation. The two companies have also outlined joint ambitions for energy storage and nature and biodiversity initiatives within the portfolio.

  • Bulgaria Announced Two Tenders for Solar Photovoltaic (PV) Technology and Energy Storage Facilities with a Combined Budget of €273.6 Million

    /LONDON, March 14, 2024, 11:00 GMT, RENEWABLE MARKET WATCHTM/ The Ministry of Energy of the Republic of Bulgaria has announced two requests for proposals for tender participation to support new renewable electricity generation and energy storage capacity under the National Recovery and Resilience Plan (RRP). These procedures are implemented under Investment 6, "Support for new capacities for electricity production from renewable sources and electricity storage" (C4.I6) of the RRP of the Republic of Bulgaria.

  • Central East and South East Europe Photovoltaic (PV) Power Market: Outlook 2020 - 2030 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /26th October 2020, RENEWABLE MARKET WATCHTM/ This is the first-ever made the thorough and detailed market report, which offers an incisive and reliable overview of the solar photovoltaic sector of Central East Europe (CEE) and South-East Europe (SEE) countries 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. The rooftop market segment in many countries is not developed and forecasted to score significant growth soon.

  • Challenges about Renewable Energy Deployment in MENA Countries

    /11th December 2016, RENEWABLE MARKET WATCHTM/, The MENA region is blessed with all the natural resources necessary for a vibrant renewable energy sector: Lots of sunshine, strong winds and, in a few places, powerful rivers. According to World Bank estimates, the region receives between 22 percent and 26 percent of all solar energy striking the earth. This translates to a potential for solar energy per square kilometre per year equivalent to the energy generated from 1 to 2 million barrels of oil. MENA’s solar potential is considered to be exponentially higher than that of all other renewable resources combined and is even thought to be enough to meet the current global demand for electricity.

  • China Grid Connection Concerns for Renewable Energy Generation

    /8th March 2017, IEA, RENEWABLE MARKET WATCHTM/, China has experienced a marked increase in electricity demand over the past decade, requiring rapid and large investments in the power sector. This has provided an opportunity for streamlining system integration with the expansion of overall electricity infrastructure. However, this opportunity has not been fully realised and investments have predominantly been in coal-fired capacity. The dominance of coal in the power sector has translated into growing concerns over local air pollution and CO2 emissions. To address these issues, China is ramping up the deployment of renewable energy resources and putting in place measures to effectively limit increases in coal-fired capacity.

  • Chinese Firm Sinomach Targets Investments in Renewable Energy Projects in Serbia

    /LONDON, November 10, 2021, 9:15 GMT, Tanjug, Serbian Ministry of Mining and Energy, RENEWABLE MARKET WATCHTM/ Serbian Minister of Mining and Energy Zorana Mihajlovic met on 19 November 2021 with representatives of the Chinese machinery company Sinomach. They discussed potential investments in the development of the energy sector and the economy in the context of Serbia's potential in the electricity and renewables sector.

  • Conference on the G20 Compact with Africa 2023 in Berlin, Germany

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    /BERLIN, November 20, 2023, 9:00 CET, RENEWABLE MARKET WATCHTM/ Launched under the German G20 Presidency in 2017, the G20 Compact with Africa (CwA) has established itself as the key format for dialogue and cooperation between reform-oriented African countries, G20 partners and beyond. Backed by continued support from G20 Leaders and International Organisations, the Compact is firmly anchored in the G20 Finance Track with the Africa Advisory Group under South African-German Co-Chairmanship as its steering body. The CwA contributes to attracting increased private investment in the Compact countries through substantial improvements in the macro, business and financing frameworks. Recent data show that CwA countries, being more open to trade and foreign direct investments, have managed to disproportionally benefit from the postpandemic economic recovery. The recent admission of the Democratic Republic of the Congo and growing interest from additional African partners to join the CwA are further proof of success of this flagship initiative.

  • Corporate Renewables 2020 Launches, 100% round table event focussed on Corporate PPAs

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    /7th November 2019, RENEWABLE MARKET WATCHTM/ Shareholders, employees, customers and a wide range of stakeholders require corporate businesses to show a tangible, impactful commitment to renewable energy. As global energy usage and needs are re-defined by these groups, corporates are increasingly focused on reducing their environmental footprint and securing lower energy costs. Corporate PPAs enable companies to achieve their carbon emission reduction goals and are gaining momentum globally. This brings us to launch Corporate renewables 2020 in London, March 11-12. The size and frequency of deals have increased quickly in recent years to more complex and innovative buyer consortia, VFA and proxy swap agreements. However, in Europe, the business model for PPAs is yet to reach its potential. The total volume of corporate renewable PPAs signed in Europe in 2018 amassed to 1.9 GW while in the States it reached 8.5 GW. Corporate Renewables 2020 is not a conference or a summit. The event delivers a series of curated networking experiences designed to help you to assess the economic viability of corporate renewable PPAs, learn about innovative deal structures and understand how they can be applicable to your company. 

  • Corporate Sourcing of Renewable Energy and Corporate PPAs with a Rapid Growth in Europe Informed Renewable Market Watch™

    /LONDON, June 28, 2021, 14:00 BST, EINPresswire/ With the increasing costs of electricity, fluctuations of fossil fuel prices, and unpredictability of these costs, the corporate renewable PPA market segment will play an increasing role in renewable energy capacity development in Europe by 2030, revealing the recently published study Europe Corporate Renewable PPA Market Report 2021 ÷ 2030. The potential for the renewable corporate sourcing market in Europe, which includes both power purchase agreements (PPAs) and other forms of corporate sourcing, is significant. Until 2018, wind accounted for 90% of the contracted capacity in Europe, but recent growth in solar PPAs has further driven market growth.

  • Current State of the Solar Photovoltaic Energy Market in Romania

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    /23rd September 2019, RENEWABLE MARKET WATCHTM/ The solar photovoltaic development in Romania was started with small scale photovoltaic installations below 30 KW in 2006. Contrary to the rapid expansion of the wind market in Romania, the photovoltaic power capacity remained relatively unchanged by the end of 2011. With the introduction of support mechanisms in the law in 2008 and the subsequent amendments in 2010, 2011 and 2012, the Romanian photovoltaic energy market started growing since the second half of 2012. Thus, the country's solar PV market performed impressive growth in 2013 and was amongst the best performing solar markets in the world. Romania had a cumulative photovoltaic installed capacity of only 41MW for 2012 and only for one year, this capacity exceeded 1,293MW (1.29 GW) by the end of 2014, which was a more than a 20-fold increase from the 2012 level. Romania finished the year 2013 at fourth place in Europe by installed new photovoltaic capacity measured on a year-on-year (y-o-y) basis.

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

    /LONDON, August 19, 2021, 9:30 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 2020 ÷ 2030. The Czech Republic is a landlocked country in Central Europe. The country is bordered by Poland to the north, Germany to the west, Austria to the south and Slovakia to the east. Its capital and largest city, with 1.3 million inhabitants, is Prague. The Czech Republic includes the historical territories of Bohemia and Moravia and a small part of Silesia. The population of the Czech Republic is 10,732,476 at the end of 2020, and 73.5 % of the population is urban (7,875,268 people in 2020). The total land area is 77,240 Km2 (29,823 sq. miles). Renewable Market Watch™ registered that after a 6-year stagnation in the solar photovoltaic market in the Czech Republic since 2018, the activity in the small scale residential and commercial segment increased. 

  • Czech Republic Solar Photovoltaic (PV) Power Market: Outlook 2022 - 2031 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /LONDON, August 10, 2022, 9:30 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 from 2022 ÷ 2031. The Czech Republic is a landlocked country in Central Europe. The country is bordered by Poland to the north, Germany to the west, Austria to the south and Slovakia to the east. Its capital and largest city, with 1.3 million inhabitants, is Prague. The Czech Republic includes the historical territories of Bohemia and Moravia and a small part of Silesia. The population of the Czech Republic is 10,732,476 at the end of 2020, and 73.5 % of the population is urban (7,875,268 people in 2020). The total land area is 77,240 Km2 (29,823 sq. miles). Renewable Market Watch™ registered that after a 6-year stagnation in the solar photovoltaic market in the Czech Republic since 2018, the activity in the small-scale residential and commercial segment increased. 

  • Czech Republic Solar Photovoltaic (PV) Power Market: Outlook 2023 - 2032 - Trends, Forecasts, Investments, Opportunities, Analysis

    /LONDON, January 19, 2023, 9:30 GMT, 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 from 2023 ÷ 2032. The Czech Republic is a landlocked country in Central Europe. The country is bordered by Poland to the north, Germany to the west, Austria to the south and Slovakia to the east. Its capital and largest city, with 1.3 million inhabitants, is Prague. The Czech Republic includes the historical territories of Bohemia and Moravia and a small part of Silesia. The population of the Czech Republic is 10,352,284 at the end of 2022, and 73.5 % of the population is urban (7,326,511 people in 2022). The total land area is 77,240 Km2 (29,823 sq. miles). Renewable Market Watch™ registered that after a 6-year stagnation in the solar photovoltaic market in the Czech Republic since 2018, the activity in the small-scale residential and commercial segment increased. 

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