/28^th January 2021, Vanora Bennett, EBRD, RENEWABLE MARKET WATCH^TM/ The Organisations behind the Platform Initiative in Support of Coal Regions in Transition in Western Balkans and Ukraine agreed to join efforts to support the transition away from coal and towards a low-carbon and climate-resilient future in the Western Balkans and Ukraine. Participants including the European Bank for Reconstruction and Development (EBRD),World Bank Group, the College of Europe (Natolin campus), the Energy Community Secretariat, the European Commission and the government of Poland kicked off discussions on how to support the regions in phasing out coal while supporting local communities that remain economically dependent on the coal industry.

/1^st October 2020, EBRD, RENEWABLE MARKET WATCH^TM/ The EU has one of the most ambitious energy and climate policies in the world. Its clean energy transition is well underway. "I am glad that benefits already can be seen in terms of "greening" of economies, less dependency on imported fuels, and greater domestic investments in ecologically sound approaches", said Christian Danielsson, Director General for European Neighbourhood Policy and Enlargement Negotiations. 

/MUNICH, GERMANY, February 24, 2025, 11:00 CET, BayWa r.e./ As announced in December 2024, the shareholders of BayWa r.e. (BayWa AG and Energy Infrastructure Partners (EIP)) have been negotiating a further strengthening of BayWa r.e’s capital base. This step is now being implemented, with EIP providing BayWa r.e. an additional EUR 150 million in capital, complementing its ongoing financial support. As a result, EIP, which has been invested in BayWa r.e. since 2021, will become the new majority shareholder of BayWa r.e. with a 65 per cent stake, while BayWa AG will retain 35 per cent. This step is still subject to the usual antitrust approval.

/9^thMay 2018, IGlobes Online, Israel Business News/ Enlight Renewable Energy Solutions Ltd. (TASE:ENLT) reported to the Tel Aviv Stock Exchange (TASE) that it had signed an agreement to acquire the rights in a wind energy project in Kosovo in the advanced development stages. The plant's planned capacity is 105 megawatts.

/12^th January 2016, RENEWABLE MARKET WATCH^TM/ The Albanian government announced that it would establish wind turbines in the Kurbin area, aiming to construct the first 36 MW wind farm in the country for wind energy generation. The Ministry of Energy and Industry proposed this plan approved by the government and featured at the Official Bulletin. 

/5^th October 2018, RENEWABLE MARKET WATCH^TM, Siemens Gamesa Renewable Energy/ The company will supply 26 of its SG 3.4-132 turbines at Enel Russia’s Azovskaya wind farm. Siemens Gamesa has secured its first order in Russia from Enel Russia, one of the country's independent power producers (IPP), for the supply of 90 MW of wind turbines.This is the first order for Siemens Gamesa in the country and belongs to the preliminary agreement signed with Enel in 2017 for the supply of 291 MW at two wind farms in Russia.

/LONDON, February 6, 2023, 9:30 GMT, RENEWABLE MARKET WATCH^TM/ Offshore wind energy has become an increasingly important renewable energy source in Germany. The German government has implemented several policies and initiatives to support the expansion of offshore wind energy. One of the most significant are amendments to Renewable Energy Sources Act (EEG) and to the German Offshore Wind Energy Act (WindSeeG), which sets out a framework for developing offshore wind farms and provides rules for auctioning offshore wind energy projects. The country has set ambitious goals to expand offshore wind power, with a target of 30 GW of installed capacity by 2030 and a long-term goal of reaching 70 GW by 2040. All these measures shall accelerate the expansion of renewable energy contained and are into force from 1 January 2023.

/11^thMay 2018, Global Wind Service, RENEWABLE MARKET WATCH^TM/At the beginning of April 2018 Global Wind Service (GWS) reported half of the installation works at Alibunar Wind Farm in Serbia when a team of GWS technicians completed the installation of turbine number 12 out of a total of 21. Senvion awarded GWS with unloading, pre-assembly and installation of the 21 Senvion MM100 turbines.

/LONDON, September 29, 2021, 10:30 BST, RENEWABLE MARKET WATCH^TM/ The country’s primary strategy to meet the growing need for power includes reducing energy dependence by increasing energy efficiency, renewable resources, natural gas, nuclear sources and connecting to the European power infrastructure. The country imports nowadays approximately 30% of its power (the main import countries are Slovakia, Austria, and Ukraine, while the main export countries are Croatia and Serbia). Hungary is ranked among the top 10 countries by attractiveness for solar photovoltaic (PV) energy by the Renewable Market Watch in their yearly updated "Attractiveness index for solar photovoltaic (PV) energy investments in Central-East Europe (CEE) and South-East Europe (SEE) countries in 2021". Between 2015 and 2020, cumulative installed solar power capacity in Hungary registered an impressive 11-fold increase. In June 2020, Hungary adopted a new law making the net-zero emission target by 2050 a binding obligation. This law is part of a broader change in the country’s energy and climate policies.

/24^th August 2017, RENEWABLE MARKET WATCH^TM/ Kazakhstan will switch to the mechanism of auctions to develop renewable sources of energy from the beginning of 2018. At the end of 2016, total number of 44 countries of the world is successfully applying an auctions system instead of fixed feed-in tariff support systems. Some of the largest global energy companies will be involved in developing renewable energy power plants in Kazakhstan. Aqua Power, Eni-Agip, General Electric, Shell, SANY Group, Hydro China, and many others are among them. Kazakhstan plans to generate 50 percent of its electricity from renewable and alternative energy sources according to President Nazarbayev’s ambitious 2050 strategy. This strategy is a part of the country’s comprehensive initiative to transfer itself from one of the world’s major hydrocarbon energy producers to a model green economy.

/30^th June 2017, RENEWABLE MARKET WATCH^TM/ Specialized Expo 2017 was officially opened on 10 June in Astana, the capital of the Republic of Kazakhstan. The Expo, which is taking place on a site covering 25 hectares, will be open to the public until 10 September 2017. The BIE Member States elected Kazakhstan as the host of Expo 2017 during the General Assembly of 22 November 2012, and Expo 2017 Astana was formally recognized by the General Assembly on 11 June 2014. Expo 2017 is being organized under the theme Future Energy. This, along with the three subthemes – Reducing CO2 Emissions, Living Energy Efficiency, and Energy for All – allow the Expo to present the state of energy today and to showcase sustainable solutions and innovative technologies. Expo 2017 organizers expect over 5 million visits during the 93 days that it is open.

/13^th August 2018, RENEWABLE MARKET WATCH^TM/ More than 70 per cent of Kazakhstan’s electricity is produced in ageing coal-fired plants, served by the large volumes of cheap local coal in the northeast part of the country according to Kazakhstan Wind Power Market Outlook 2017÷2026. Consequently, the energy sector, in particular power and heat generation, accounts for 80 per cent of the country’s carbon emissions. Electricity in Kazakhstan is generated by 128 power plants of various forms of ownership. As of 1 January 2017, the total installed capacity of the power plants in Kazakhstan was 21,672.9 MW; and the available capacity was 18,791.4 MW. According to KEGOC in 2017 Kazakhstan saw the increase in electricity generation and consumption compared to 2016: electricity generation grew by 8.8% (or by 8.3 billion kWh) and amounted to 102.4 billion kWh; electricity consumption grew by 6% (or by 5.5 billion kWh) to 97.9 billion kWh.

/Belgrade, Serbia, September 23, 2024, 10:00 BST, Masdar/ Abu Dhabi Future Energy Company PJSC – Masdar, the United Arab Emirates’ clean energy powerhouse, today announced the financial close for the 154 megawatt (MW) Čibuk 2 wind farm in Serbia. The financial close agreement was signed at a special ceremony on the sidelines of RES Serbia 2024 in the presence of Serbia’s Minister of Mining and Energy, Dubravka Djedović Handanović, Masdar’s Chief Executive Officer, Mohamed Jameel Al Ramahi, Taaleri’s Group CEO, Peter Ramsay and Taaleri Energia Managing Director, Kai Rintala.

/28^th December 2020, RENEWABLE MARKET WATCH^TM/ 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 wind turbines, 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.

/LONDON, December 27, 2021, 10:00 GMT, RENEWABLE MARKET WATCH^TM/ The Swiss energy company MET Group finalised the transaction for a 100% stake in a 60MW wind park in Bulgaria. MET Group signed a share purchase agreement with Spanish Grupo Enhol to acquire the operating wind asset earlier (on 30 July 2021) this year. With this acquisition, the company continues to follow its target of 500MW operational renewable energy power plants in the Central East Europe (CEE) region by 2023. The transaction is essential in achieving MET’s renewables growth targets in the CEE region of 500 MW in operation by 2023.

/23^rd March 2016, RENEWABLE MARKET WATCH^TM/ MK Fintel Wind is now constructing its second wind farm project in Serbia – the 6.6 MW La Piccolina project in Vrsac, located in Vojvodina province and expects to commission it by the end of Q3 2016.

/7^thMay 2018, IFC, RENEWABLE MARKET WATCH^TM/ Fossil fuels are, worldwide, the most important energy resource at the moment. Still, at the same time, they are the main source of air pollution and excessive heating of the lower tiers of the atmosphere. In Serbia, more than half of electricity generation stems from outdated coal-fired plants.

/17^th May 2020, EPBiH, RENEWABLE MARKET WATCH^TM/ In the Podveležje region of Bosnia and Herzegovina, works have begun in the beginning of this week on the construction of 15 wind turbines with the accompanying foundations of the "Podveležje 1" wind farm with 48MW power capacity, which officially opened the construction site, reported the Renewable Market Watch™. After the mobilization and establishment of container accommodation for the stay of the contractor's staff, drilling the ground for the placement of explosives, work began on the excavation of pits for the foundations of future wind turbines. The terrain for the future two foundations was blown up, and the works will continue with the planned dynamics in the coming weeks. In order to ensure safety during blasting, all legal measures have been taken beforehand. The contractor for the construction of the Wind Farm is the consortium between Croatian branch of Siemens Gamesa Renewable Energy Ltd. and Wind Power A/S from Denmark. On the construction of foundations and execution of blasting works, engaged as domestic companies HP Investing doo Mostar and Blasting doo Sarajevo. The wind farm "Podveležje" is financed by credit funds the German Development Bank - KfW and its own funds Elektroprivreda BiH.

/28^th November 2017, RENEWABLE MARKET WATCH^TM/ In 2016, the Russian Federation, together with 118 countries, all in all, responsible for 75 per cent of global emissions, signed the Paris Agreement. This outcome of the UN Climate Change Conference COP21 in Paris was adopted by consensus on 12 December 2015. The Russian Federation is one of the world’s largest emitters and fossil fuels producers. Consequently, it has a large mitigation potential and could play a major role in international climate policy.