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  • Bulgaria and Romania with Gigawatt New Capacity Additions in Solar Photovoltaic (PV) Power by 2024

    Bulgaria and Romania with Gigawatt New Capacity Additions in Solar Photovoltaic PV Power by 2024 small

    /18th December 2020, RENEWABLE MARKET WATCHTM/ Solar photovoltaic (PV) power in the European Union had a strong performance in 2020 despite the negative health, social and economic effects of the COVID-19 (Coronavirus) pandemic, revealed the recent update of Europe Solar Photovoltaic (PV) Power Market Outlook: 2020 ÷ 2030.  The EU member states installed 18.2GW of solar power capacity in 2020, an 11% improvement over the 16.2GW deployed in the previous year, according to the recently released report EU Market Outlook for SolarPower 2020-2024 by SolarPower Europe. With minimal solar power installation activity in Bulgaria and Romania in the last few years, the prediction model of SolarPower Europe shows the up-and-coming gigawatt new solar photovoltaic (PV) capacity addition opportunities for Bulgaria and Romania by 2024. SolarPower Europe’s growth assumptions are much higher than the targets formulated by EU member states in their National Energy and Climate Plans (NECP). But with drivers for solar energy in Europe only getting stronger, the foundation is laid for further rapid growth in the coming years.

  • 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.

  • Bulgaria Solar Photovoltaic (PV) Power Market: Outlook 2020 - 2030 by Renewable Market Watch with Trends, Forecasts, Investments, Opportunities, Analysis

    Giant Solar Power Plant in Bulgaria with 400 MWp Capacity in Bulgaria small

    /16th April 2021, RENEWABLE MARKET WATCHTM/ Development of operational solar PV power plants in Bulgaria started with very moderate steps in 2007 but progressed with fast paces after the second half of 2010. At the end of 2018 cumulative installed solar PV capacity in Bulgaria reached 1,036 MW. Several large scale solar photovoltaic (PV) projects with a capacity above 50 MW have been announced in Bulgaria after 2018 and these projects will be built between 2021 and 2024. In the last few years, Bulgaria has been the focus of the investors’ interest. The political stability and predictability due to the NATO membership and to the EU accession, the stable economic perspective and the growing credit rating of the country and its institutions were only some of the elements attracting the investors’ interest. External investors have been attracted by rapidly developing national industry, highly skilled workforce and significant new market.

  • Bulgaria Solar Photovoltaic (PV) Power Market: Outlook 2022 - 2031 by Renewable Market Watch with Trends, Forecasts, Investments, Opportunities, Analysis

    Giant Solar Power Plant in Bulgaria with 400 MWp Capacity in Bulgaria small

    /LONDON, May 18, 2022, 9:15 BST, RENEWABLE MARKET WATCHTM/ Development of operational solar PV power plants in Bulgaria started with very moderate steps in 2007 but progressed at fast paces after the second half of 2010. At the end of 2021, Bulgaria's cumulative installed solar PV capacity reached 1,186 MW. Several large scale solar photovoltaic (PV) projects with a capacity above 50 MW have been announced in Bulgaria after 2018, and these projects will be built between 2022 and 2024. In the last few years, Bulgaria has been the focus of the investors’ interest. Furthermore, Bulgaria quickly has to diminish its dependency on Russian energy imports, and solar power is one of the best renewable energy alternatives. 

  • Bulgaria Solar Photovoltaic (PV) Power Market: Outlook 2023 - 2032 by Renewable Market Watch with Trends, Forecasts, Investments, Opportunities, Analysis

    Giant Solar Power Plant in Bulgaria with 400 MWp Capacity in Bulgaria small

    /LONDON, March 7, 2023, 9:30 GMT, RENEWABLE MARKET WATCHTM/ Development of operational solar PV power plants in Bulgaria started with very moderate steps in 2007 but progressed at fast paces after the second half of 2010. At the end of 2022, Bulgaria's cumulative installed solar PV capacity exceeded 1,500 MW (1.5 GW). Several large-scale solar photovoltaic (PV) projects with a power capacity above 50 MW were launched into commercial operation in Bulgaria in 2022. Local and international investors will build new solar projects between 2023 and 2025. In the last few years, Bulgaria has been the focus of the investors’ interest. Furthermore, Bulgaria quickly has to diminish its dependency on Russian energy imports, and solar power is one of the best renewable energy alternatives. 

  • 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 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.

  • 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.

  • CEOs to Deliver the First Net Zero Continent at Reuters Events Energy Transition Europe

    /LONDON, June 22, 2023, 9:30 BST, Renewable Market Watch™/ Against the backdrop of the European Commissioner for Energy’s statement “What will determine whether we reach – or miss – our goals are the actions we take every year until 2030” we find themselves at a future-defining crossroads. We are delighted to be partnering with Renewable Market Watch on – Reuters Events Energy Transition Europe 2023 (13 – 14 November, London) gathering leading European energy stakeholders to navigate the $5 trillion European transition opportunity, setting in motion a profitable pathway to net zero goals.

  • City of Innovation and Re-birth: Why the Largest Sustainable Energy Event is Coming to Berlin

    The Business Booster 2021 Renewable Market Watch small

    /BERLIN, October 18, 2021, 9:30 CET, EIT InnoEnergy, RENEWABLE MARKET WATCHTM/ Berlin is perhaps best known for the Berlin Wall, which physically divided the city between East and West Germany for 28 years, finally coming down in late 1989. Since German reunification in 1990, the decades that followed have been defined by re-building and innovating. Of course when we announced Berlin as the location of The Business Booster 2021 we had no way of knowing that the world, and the economy along with it, would come to a screeching halt with the corona virus. However as TBB 2021 will now serve as the meeting place for innovators and industry for the first time in many months, we could not be headed to a better and more symbolic place for the re-building of Europe’s economy through innovation and sustainability. 

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

    Corporate renewable 2020 small size

    /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.

  • Could volatilities fatten your returns?

    New Hope for Solar Market In Poland Small

    /4th July 2018, Ricardo G Barcelona/ “Buy low, sell high” is sound tactical advice. Capital budgeting’s prescribed ideals negate the tactic’s benefits: “Reduce volatilities, fix prices and volumes”. When there is operational flexibility, firms supply only when they earn a profit, while avoiding losses by interrupting supplies when prices are too low. As a result, “risk aversion” swaps foregone value from higher prices for “conservative”, albeit mediocre returns. Old habits, however die hard: Intuitively, the avoided losses add to the firm’s value, as well as the higher returns, when prices are high. Managers, however, lock-in long term commitments through power purchase agreements (PPAs) to achieve predictable outcomes. For intermittent renewables – wind and solar – prices are fixed for volumes delivered when available. This foregoes any price upside, while exposing the firms to continually renegotiate their contracts that increase uncertainties – and risks. Here’s why!       

  • 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)?

  • 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).

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