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  • Clouds Over the Horizon of the Largest Wind Power Plant Projected in Latvia

    Wind turbines by serdarguler2 small

    /27th May 2019, RENEWABLE MARKET WATCHTM/ SIA Eolus, a subsidiary of Sweden's Eolus Vind AB plans to build a €250m wind farm in Dobele and Tukums municipalities. This landmark wind farm project in Latvia has been included in the Central East and South East Europe Wind Power Market Outlook 2018÷2027, reported the Renewable Market Watch™. Eolus said that a total of 51 turbines are to be set up, with annual electricity production at 0.7 TWh - about 10% of Latvia's yearly energy consumption. "The growing efficiency of wind turbines makes setting up a new wind farm economically feasible. It is and will remain the cheapest renewable energy source, and we're going ahead with the new wind farm no matter what renewable energy policies Latvia adopts in the future," said Gatis Galviņš, board member at Eolus. Construction was planned to start in 2019 and conclude by 2022. Eolus Vind AB is one of the largest wind farm operators in Sweden, having built 540 out of the country's 3400 wind turbines. It is listed on Stockholm's Nasdaq exchange. The net electricity consumption in Latvia totalled 580 286 MWh, average Nord Pool day-ahead price for Latvian bidding area increased to 43.52 EUR/MWh. Local generation covered 86% of national consumption.

  • Alerion Clean Power Signed an Agreement with Black Sea Wind Partners for the Development of 550 MW Wind Farm Projects in Romania

    Podvelezje Wind Farm Bosnia and Herzegovina small

    /LONDON, December 16, 2021, 10:00 GMT, Alerion Clean Power, RENEWABLE MARKET WATCHTM/ 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

  • Alerion Clean Power Signed an Agreement with Monsson Alma for the Development of 3 New Farm Wind Projects in Romania with a Capacity of 350 MW

    Podvelezje Wind Farm Bosnia and Herzegovina small

    /5th May 2021, Alerion Clean Power, RENEWABLE MARKET WATCHTM/ 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.

  • Bulgaria Wind Power Market: Outlook 2020 - 2030 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /25th February 2021, RENEWABLE MARKET WATCHTM/ 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.

  • Bulgaria Wind Power Market: Outlook 2022 - 2031 - Trends, Forecasts, Investments, Opportunities, Analysis,

    /LONDON, October 3, 2022, 11:00 BST, RENEWABLE MARKET WATCHTM/ 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.

  • Bulgarian Commission on Protection of Competition Approved the Acquisition of 42 MW Wind Farm of MET Group from Enel Green Power

    MET Group Acquires 42 MW Wind Farm in Bulgaria from Enel Green Power Small

    /18th January 2021, RENEWABLE MARKET WATCHTM/ 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.

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

    /12th January 2021, RENEWABLE MARKET WATCHTM/ 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 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 small wind market segment for turbines below 500 KW in many countries is not developed and forecasted to score significant growth in the near future.

  • Central East and South East Europe Wind Power Market: Outlook 2021 - 2030 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /LONDON, October 12, 2021, 10:45 BST, RENEWABLE MARKET WATCHTM/ This is the first-ever made thorough and detailed market report, which offers an incisive and reliable overview of the wind energy sector of Central East Europe (CEE) and South-East Europe (SEE) countries for the next long term period 2021 ÷ 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 small wind market segment for turbines below 500 KW in many countries is not developed and is forecasted to score significant growth in the near future.

  • Central East and South East Europe Wind Power Market: Outlook 2022 - 2031 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /LONDON, June 7, 2022, 10:45 BST, RENEWABLE MARKET WATCHTM/ 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 Central East Europe (CEE) and South-East Europe (SEE) countries 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. The small wind market segment for turbines below 500 KW in many countries is not developed and is forecasted to score significant growth in the near future.

  • 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.

  • COVID-19 Impact on the Global Renewable Energy Market Report 2020 - 2025 - Scenarios, Trends, Forecasts

    COVID 19 Impact Global Renewable Energy Market 2020 2025 small

    /21st April 2020, MARTIN LEE WILSON, RENEWABLE MARKET WATCHTM/ This is the very first objective and in-depth report, which analyzes COVID-19 (Coronavirus) impact on the global renewable energy market by 2025 with scenarios, trends and forecasts. Through extensive research and discussions with experts in the industry, the Renewable Market Watch™ has identified a series of the established and new emerging market situations that will impact renewable energy equipment supply chain, procurement, investment volume and renewable power capacity additions by 2025 worldwide. Renewable Market Watch™ has advanced proprietary own developed software and analytical tools, which are based on artificial intelligence (AI) and neural networks for prediction and risk analysis with a focus to renewable energy and power market modelling. We have used these tools to create a new advanced econometric model of the global energy market by considering the recent power, oil and gas price dynamics. Renewable power projects are particularly vulnerable because China as one of the most affected companies, is a significant producer of solar photovoltaic modules and wind turbines. Do you want to know how the global renewable energy market shall be affected by the COVID-19 (Coronavirus)?

  • COVID-19 Impact on the Global Renewable Energy Market Report 2020 - 2025 - Scenarios, Trends, Forecasts, Investments, Renewable Market Watch

    COVID 19 Impact Global Renewable Energy Market 2020 2025 small

    /11th March 2021, MARTIN LEE WILSON, RENEWABLE MARKET WATCHTM/ This is the very first objective and in-depth report, which analyzes COVID-19 (Coronavirus) impact on the global renewable energy market by 2025 with scenarios, trends and forecasts. Through extensive research and discussions with experts in the industry, the Renewable Market Watch™ has identified a series of established and new emerging market situations that will impact renewable energy equipment supply chain, procurement, investment volume and renewable power capacity additions by 2025 worldwide. Renewable Market Watch™ has advanced proprietary own developed software and analytical tools, which are based on artificial intelligence (AI) and neural networks for prediction and risk analysis with a focus to renewable energy and power market modelling. We have used these tools to create a new advanced econometric model of the global energy market by considering the recent power, oil and gas price dynamics. Renewable power projects are particularly vulnerable because China as one of the most affected companies, is a significant producer of solar photovoltaic modules and wind turbines. Do you want to know how the global renewable energy market shall be affected by the COVID-19 (Coronavirus)?

  • Czech Republic Wind Power Market: Outlook 2021 - 2030 - Trends, Forecasts, Investments, Opportunities, Analysis, COVID-19 Impact

    /LONDON, November 5, 2021, 9:00 GMT, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the wind power sector of the country for the next long term period 2021 ÷ 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 10-year stagnation in the wind power market in the Czech Republic since 2020, the activity in the wind power sector shows signs of increase. Currently, only 0.7% of the country’s electricity is generated by wind turbines.

  • EBRD Provides Financing to Support the 156 MW Saint Nikola Wind Farm in Bulgaria

    /LONDON, December 27, 2021, EBRD, RENEWABLE MARKET WATCHTM/ To boost Bulgaria’s renewable energy sector, the European Bank for Reconstruction and Development (EBRD) has committed earlier this month new funds to the 156 megawatt (MW) Saint Nikola wind farm located in the Kavarna region of northeast Bulgaria.

  • Germany with Ambitious Plans for Offshore Wind Energy by 2030

    /LONDON, February 6, 2023, 9:30 GMT, RENEWABLE MARKET WATCHTM/ 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.

  • Hungary Wind Power Market: Outlook 2023 - 2032 - Trends, Forecasts, Investments, Opportunities, Analysis

    /LONDON, June 12, 2023, 11:00 BST, RENEWABLE MARKET WATCHTM/ This is the first-ever made, thorough and detailed market report, which offers an incisive and reliable overview of the wind energy sector of Hungary for the next long-term period 2023 ÷ 2032. The Hungarian wind power market is underdeveloped and creates opportunities for the entrance of new investors. This study is intended to provide the reader with an overview of the economics and regulation of the industry.

  • Hungary Wind Power Market: Outlook 2024 - 2033 - Trends, Forecasts, Investments, Opportunities, Analysis

    /LONDON, January 30, 2024, 11:00 GMT, RENEWABLE MARKET WATCHTM/ This is the first-ever made, thorough and detailed market report, which offers an incisive and reliable overview of the wind energy sector of Hungary for the next long-term period 2024 ÷ 2033. The Hungarian wind power market is underdeveloped and creates opportunities for the entrance of new investors. This study is intended to provide the reader with an overview of the economics and regulation of the industry.

  • Increase of Investment Volume in the Ukraine Renewable Energy Market

    Solar and Wind Ukraine small

    /12th February 2019, RENEWABLE MARKET WATCHTM/ The Ukraine renewable energy market saw fast-paced development in the past years, reported Renewable Market Watch™. About EUR 2 billion have been invested in energy efficiency and renewable energy of Ukraine for the last four years, according to the State Agency on Energy Efficiency and Energy Saving (SAEE). Almost half of this amount (approximately € 800 million) was attracted in 2018. During the first half of 2018, roughly 270 MW of renewable capacity were installed at a feed-in-tariff in Ukraine to generate electrical power from renewable energy sources. It is a twofold increase over the same period of 2017 (127 MW) and exceeds the capacity installed for entire 2017 (257 MW). According to the study by the National Academy of Sciences of Ukraine, with appropriate investment, about 90% of the Ukrainian energy can be produced from renewable energy sources.

  • Less than 1 Month Left to RE-Source Southeast Conference 2024, 15-16 May, Sofia, Bulgaria

    /SOFIA, April 19, 2024, 16:00 BST, RENEWABLE MARKET WATCHTM/ RE-Source Southeast, the largest event dedicated to corporate renewable energy sourcing in Southeast Europe, will be held for the 4th time in Sofia, Bulgaria. It brings together industrial and corporate consumers, project developers, electricity traders and renewable power producers.

  • MET Group Acquires 42 MW Operational Wind Farm in Bulgaria from Enel Green Power

    MET Group has acquired 42 MW Wind Farm in Shabla Bulgaria from Enel Green Power small

    /28th December 2020, RENEWABLE MARKET WATCHTM/ 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.

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