/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.

/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.

/27^th February 2019, RENEWABLE MARKET WATCH^TM/ 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.

/12^th November 2019, RENEWABLE MARKET WATCH^TM/ The first wind and solar auctions are expected in Serbia in 2020. The projects that have already been started under a feed-in tariff mechanism will be completed under the existing regulations. According to the proposed amendments, incentive measures for privileged power producers would be given in the form of a premium, calculated as the difference between the price, with which the renewable energy producer has won the auction, and the market price of electricity. Furthermore, net metering for renewable energy is currently under consideration by the Ministry of Mining and Energy of Serbia. The country aims to cover 27% of its electricity demand with renewables by 2020, up from a target of 21.2% previously. Government plans assumed Serbia to add 1,092MW of installed renewable energy capacity by 2020, however at the end of 2018 if we exclude hydropower (most of which is large scale) the total cumulative installed renewable capacity in Serbia is only 399MW, according to calculations of the research department of Renewable Market Watch™. The biggest renewable energy progress in the country between 2015 and 2018 was due to wind energy projects.