• 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. 

  • 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.

  • Badamsha-I Wind Farm Project in Kazakhstan with 48 MW Capacity Started Commercial Operation

    /18th December 2019, RENEWABLE MARKET WATCHTM/ The first foreign wind farm investment for Kazakhstan and the first project in the region in the field of renewable energy sources were implemented by Italian investors in the Aktobe region. The ceremony of launching the 'Badamsha-I Wind Farm' was attended by the Ambassador of Italy to Kazakhstan, Pasquale D'Avino, Akim of the Aktobe region Ondasyn Urazalin, Deputy Chairman of the Management Board of JSC “NC“ KAZAKH INVEST ”Birzhan Kaneshev, as well as Executive Vice President of Eni for the Central Asian Region Luka Vinyati.

  • 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.

  • 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.

  • 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.

  • Croatia May Increase its Renewable Energy Capacity to 32 per cent by 2030

    /17th September 2019, RENEWABLE MARKET WATCHTM/ Croatia's energy development to 2030 and 2050 can continue at an accelerated or at a moderate pace and all options mean decarbonisation, switching to renewable energy sources and decreasing the emission of greenhouse gasses, notes an analysis called "Green Book" and published by the Hrvoje Požar Energy Institute (EHIP).

  • Czech Republic Considers Auctions (Tenders) for Large-Scale Renewable Energy Projects

    /11th October 2019, RENEWABLE MARKET WATCHTM/ The Czech Republic is in the process of preparation to start renewable energy auctions (tenders) from 2021 to meet its future targets for renewable electricity in the final energy consumption. However, solar photovoltaic (PV) energy is not included in the auctions (tenders) in the first draft of the new RES auction (tender) law. Officials from the Czech government suppose that solar PV electricity shall be fully competitive without any subsidies from 2021 and shall not need any support.

  • EBRD Platform Initiative in Support of Coal Regions in Transition in Western Balkans and Ukraine

    /28th January 2021, Vanora Bennett, EBRD, RENEWABLE MARKET WATCHTM/ 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.

  • EBRD to Support Renewable Energy Transition in Western Balkans Region

    /1st October 2020, EBRD, RENEWABLE MARKET WATCHTM/ 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. 

  • Greece to Transform Former Mining Sites into Solar Photovoltaic Power Plants with Over 3 GW Capacity

    /14th February 2020, Alyssa Danigelis/ Greece’s Environment and Energy Minister Kostis Hatzidakis recently announced plans to invest in two enormous solar facilities on former mining sites. A plant on the Peloponnese Peninsula in southern Greece would be 1 gigawatt, and another for Ptolemaida in the north would be 2 GW. At a meeting with stakeholders in Ptolemaida, Hatzidakis said that Greece’s Public Power Corporation (PPC) would move quickly to install the 2-GW plant in the lignite mining region, Ilias Tsagas reported today for PV Magazine. PPC also wants to build a 1-GW plant in Megalopoli, which has mining sites and a coal-fired power plant, Tsagas added. 

  • New Opportunities in Romania’s Revived Solar PV Market: Returning Conference to Provide Key Platform for Knowledge and Network Sharing

    /LONDON, April 19, 2023, 16:00 BST, SolarPlaza, RENEWABLE MARKET WATCHTM/ After a long period of stagnation, the Romanian solar PV market has come to life again. With enhanced government support schemes, Romania is even expected to reach its 5 GW target for 2030 five years early. The second edition of the Solarplaza Summit Romania will pinpoint the opportunities and challenges of this high-potential market on the rise and provide a vital platform for knowledge and network sharing.

  • Núñez de Balboa the Biggest Solar Photovoltaic Power Plant in Europe Started Electricity Generation

    /15th June 2020, Iberdrola, RENEWABLE MARKET WATCHTM/ Iberdrola group, through its subsidiary in Spain, has built and recently commissioned in Badajoz the Núñez de Balboa solar photovoltaic power plant, which, with 500 MWp of installed capacity and the ability to supply clean energy to 250,000 people, has become the largest in Europe. The European Investment Bank (EIB) and the Instituto de Crédito Oficial (ICO) contributed 290 million euros (145 the EIB and 140 the ICO) to finance the plant, thanks to an agreement signed with Iberdrola.

  • RECOM Grabs 20MW of Solar Photovoltaic (PV) Projects in Cyprus

    /28th August 2019, RENEWABLE MARKET WATCHTM/ RECOM, has secured, through tenders, 20MW of solar projects out of 35MW offered in Cyprus, which are planned to be installed during 2019, reported the Renewable Market Watch™. The first big project of 4.5MW in Pissouri is already under construction. Also, another two projects of 4MW have been agreed upon through the feed-in-tariff financing. For RECOM, the aforementioned projects' acquisition is a milestone in their Cyprus activities which contributes to the country’s smooth transition to solar energy.

  • Record Low Price Achieved at Latest Auction (Tender) for Renewable Energy Projects in Kazakhstan

    /28th November 2019, RENEWABLE MARKET WATCHTM/ In the course of the pilot auction for 50 MW solar photovoltaic (PV) power plant in Kazakhstan there has been a record low price set for solar photovoltaic power generation. The auction was recognized to be succeeded. The auction participants' geography is represented by 6 countries, including Kazakhstan, Italy, Russia, Germany, China, and the Netherlands.

  • Renewable Market Watch™ is a Media Partner and Participates in the SolarPlaza Summit Balkans 2022 in Zagreb Croatia

    /ZAGREB, December 7, 2022, 9:30 GMT, RENEWABLE MARKET WATCHTM/ The Western Balkans are the newfound hotspot for solar PV energy investments amongst European countries. Between 2011 and 2021, the Western Balkans increased their solar capacity more than 8-fold (from 0.27GW in 2011). They became one of the fastest-growing regions in Europe, with a cumulative installed solar PV capacity of 2.19GW for 2021 (a 22.5 % increase from 2020). The maturing German, Spanish and Italian markets allowed investors to look for new opportunities in the Western Balkans region. 

  • Renewable Market Watch™ published a new report Titled 'Western Balkans Solar Photovoltaic (PV) Power Market Outlook - Industry Analysis, Deal Tracking, Growth, Investment Volume, Country Ranks, Share, Size, Trends, and Forecast 2023 - 2032'

    /LONDON, December 12, 2022, 11:00 GMT, RENEWABLE MARKET WATCHTM/ This market report offer an incisive and reliable overview of the solar photovoltaic power sector of Western Balkan countries for the period 2023 ÷ 2032. Newly installed PV capacity in this region will exceed several GWs in the next 5 years. The number of fully permitted and ready-to-build projects is promptly increasing. The rooftop solar PV market segment in many countries is not developed and is forecasted to score significant growth soon. Energy demand in the region is constantly increasing, according to the Western Balkans Solar Photovoltaic (PV) Power Market Outlook 2023÷2032. Some countries can exceed their electricity production demand needs with the support of renewable energy. Furthermore, some Western Balkan countries are currently in various EU membership joining statuses.

  • Renewable Market Watch™ to Participate in the Energy Action Day Organised by IRENA

    /LONDON, September 16, 2021, 9:30 BST, RENEWABLE MARKET WATCHTM/ The UN High-Level Dialogue on Energy aims to provide transformational action on the energy-related goals of the 2030 Agenda and support the implementation of the Paris Agreement. The world has less than nine years to achieve the goal of ensuring clean energy for all, and we are falling behind. Transformational energy transitions require dramatically upscaling renewable energy and energy efficiency and equally downscaling and phasing out coal and other fossil fuels while innovating for the future, to arrive at the global decarbonization goal required to achieve net zero by 2050.

  • Renewable Market Watch™ to Participate in the RE-Source 2021 Event on 14-15 October at the Okura Hotel in Amsterdam

    /AMSTERDAM, October 13, 2021, 9:00 BST, RENEWABLE MARKET WATCHTM/ The RE-Source Event is the annual gathering of corporate buyers and clean energy suppliers, where existing challenges are tackled and future solutions are born. Join us to learn, share experiences and do business with companies in Europe. The 2021 event will take place in the Okura Hotel in Amsterdam, the Netherlands, on 14-15 October. Exclusive activities will also be available to corporate buyers on 13 October. Whether you’re an experienced buyer or seller or new to the market, this is the event for you. Be part of our growing community, get inspired, and succeed in powering your business with clean electricity.

  • Request for Prequalification for 100 MW Solar Photovoltaic Project in Uzbekistan

    /27th February 2019, RENEWABLE MARKET WATCHTM/ The state energy company Uzbekenergo and the State Investment Committee, (collectively referred to as the “Procuring Authority”) issued at the beginning of February a request for pre-qualification for the 100 MW solar PV project, in Uzbekistan. The Procuring Authority now invites prospective bidders (each a Prospective Bidder) capable of meeting the qualification criteria set out in this Request for Prequalification document (RFQ) to submit sealed prequalification applications following the requirements of this RFQ. The next stage will involve a Request for Proposals (RFP) from prequalified bidders.

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