/LONDON, December 16, 2022, 10:00 GMT, RENEWABLE MARKET WATCH^TM/ The global renewable energy capacity growth is going to reach a new record level at the end of 2022. The world is in a global energy crisis that has not been seen for decades. The main drivers of this crisis were the growth of commodity prices since 2020 due to the COVID-19 pandemic and recovery period, the disruption of supply chains, and Russia’s invasion of Ukraine.  Europe is at the centre of this crisis, but it has significant influence over the markets and economies worldwide. However, according to the Renewable Market Watch™,  the newly installed global renewable energy capacity will grow by more than 3500 GW by 2032. There is no power to stop renewables progress for the following ten years.

/LONDON, December 18, 2023, 10:00 GMT, RENEWABLE MARKET WATCH^TM/ The global renewable energy capacity growth is going to reach a new record level at the end of 2023. The world is in a global energy crisis that has not been seen for decades. The main drivers of this crisis were the growth of commodity prices since 2020 due to the COVID-19 pandemic and recovery period, the disruption of supply chains, Russia’s invasion of Ukraine in 2022 and the military conflict in Israel and Gaza in 2023. However, according to the Renewable Market Watch™, the newly installed global renewable energy capacity will grow by more than 3500 GW by 2032. There is no power to stop the progress of renewables for the following ten years.

/LONDON, December 23, 2024, 10:00 GMT, RENEWABLE MARKET WATCH^TM/ The gobal renewable energy capacity is projected to grow by 2.7 times by 2030, exceeding the current ambitions of countries by nearly 25%, although it still falls short of tripling. Climate and energy security policies in almost 140 countries have played a crucial role in making renewable energy cost-competitive with fossil fuel power plants. This shift is generating new demand from the private sector and households. Additionally, industrial policies that promote local manufacturing of solar panels and wind turbines are helping to develop domestic markets. The European Union and the United States are both forecast to double the pace of renewable capacity growth between 2024 and 2030, while India sees the fastest rate of growth among large economies.

/9^th March 2021, UNEF/ The Spanish Photovoltaic Union (UNEF) has managed to get Castilla-La Mancha to approve the adaptation of the regional urban planning laws regarding the self-consumption solar PV systems. These facilities are treated through prior communication, which considerably speeds up administrative processing. With this, it would already be more than half the Autonomous Communities that have eliminated this administrative barrier to self-consumption solar PV systems and, therefore, streamlined the approval processes.

/BELGRADE, SERBIA, February 21, 2025, 10:00 CET, GGF, RENEWABLE MARKET WATCH^TM/ In the second round of auctions for the allocation of market premiums for renewable energy projects (RES) announced by the Ministry of Mining and Energy in November 2024, investors applied for 41 projects. The offered quota of 424.8 MW for solar and wind power plants was significantly exceeded. The total capacity of the power plants that received incentives is 645 MW, and the total planned investment value is 782 million euros.

/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.

/LONDON, May 9, 2023, 10:00 BST, IRENA, RENEWABLE MARKET WATCH^TM/ The International Renewable Energy Agency (IRENA) published a new report, 'The Cost of Financing for Renewable Power'. Validated survey and interview results for the cost of capital of renewable power generation technologies were obtained for 45 countries on six continents. A total of 172 valid survey and interview responses were elicited from 56 experts through the survey and 33 experts in semi-structured interviews. The current cost of capital ranges from 1.1% to 12%.

/27^th January 2020, RENEWABLE MARKET WATCH^TM/ The global cleaning robot market size was valued at USD 2.63 billion in 2019 by Renewable Market Watch™ and is anticipated to witness a CAGR of 13.7% by 2025. Major functions of a cleaning robot include determining the position of the area to be cleaned, identifying the shortest path to occupy that position, and cleaning the desired area with the attached vacuum cleaner.

/LONDON, September 7, 2023, 11:00 BST, Shell/ Shell Energy Europe Limited (“Shell”) has signed a 15-year power purchase agreement with HANSAINVEST Real Assets to secure 600 megawatts (MW) of capacity at Germany’s largest solar project. Microsoft has already secured 323 MW of this renewable energy capacity from Shell.

/21^st July 2020, Alliance for Rural Electrification (ARE), RENEWABLE MARKET WATCH^TM/ In light of the transitory global situation with COVID-19 and the precautionary measures implemented by the Zambia Ministry of Health to quarantine all international travellers for 14 days, ARE has decided to postpone the 6th ARE Energy Access Investment Forum to 17-18 March 2021. EAIF is a well-established political exchange and business event organised by ARE with local and regional partners - aimed at assisting the private and public sector to get up to speed on the latest developments in the off-grid sector and do business. The ARE Forum is supported by our long-standing partner GET.invest, a European programme that mobilises renewable energy investments.

/LONDON, February 18, 2022, 11:30 GMT, RENEWABLE MARKET WATCH^TM/ Slovenian Petrol Group will invest in solar PV power plants in the Knin area of Croatia. These are three large solar power plants with a total installed capacity of 22 MW and the expected electricity generation capacity of 29 GWh as the projects completed permitting development in 2021. The solar power plants, whose total investment value is estimated at EUR 17 million, will start generating power at the beginning of 2023.

/LONDON, April 18, 2023, 10:30 BST, RENEWABLE MARKET WATCH^TM/ By the end of 2022, Slovenia had a cumulative installed capacity of 711MW and registered an increase of 250MW compared to 2021. The country scored its best year in 2022 regarding the YoY growth in new solar PV capacity additions. The residential solar market accounted for almost all of the new capacity additions, according to the Western Balkans Solar Photovoltaic (PV) Power Market Outlook 2023÷2032 Solar demand in Slovenia will continue as the main drivers will be prolonging the net-metering scheme extension until the end of 2023 and the energy crisis in Europe. The Ministry of Infrastructure is drafting a plan to install a new 1,000MW (1 GW) solar PV capacity in Slovenia with the support of the national transmission system operator (ELES) and the distribution system operator SODO.

/NIESTETAL, GERMANY, March 13, 2023, 11:15 GMT, SMA/ Solar Technology AG (SMA/ISIN: DE000A0DJ6J9/FWB: S92) has presented provisional, non-audited figures for 2022 as a whole. The figures report that SMA group sales rose by 8.4% year on year to €1,065.9 million (2021: €983.4 million) despite pronounced procurement supply shortages. Earnings before interest, taxes and depreciation (EBITDA) increased significantly to €70.0 million from €8.5 million in the 2021 fiscal year. This corresponds to an EBITDA margin of 6.6% (2021: 0.9%).

/6^th November 2019, RENEWABLE MARKET WATCH^TM/ During the last ten years (2008 – 2018) most of the market growth has been driven by incentives and the largest share of cumulative installed solar photovoltaic capacity in some of Central East Europe and South-East Europe (CEE & SEE) countries was realized by large scale ground-mounted solar power plants. Cumulative installed solar PV capacity in the CEE & SEE region scored 23 per cent increase in 2018 compared to 2017, according to the 'Central East and South-East Europe Solar Photovoltaic (PV) Power Market Outlook 2019÷2028'. The results of this study provide concrete inputs for the decision-making process for investors in solar photovoltaic power in the CEE & SEE region. Furthermore, it presents investment frameworks for renewables, including the latest solar photovoltaic developments, and provides assessment and an index of the RES support scheme's quality per countries. The retroactive taxes imposed to photovoltaic investors in the Czech Republic, Bulgaria, Romania, Slovakia, and Greece, many developers turned attention to rooftop residential (up to 30 KW), and commercial (from 100 KW to 1 MW) photovoltaic installations. With the increasing costs of electricity and fossil fuels and unpredictability of these costs, the rooftop market segment together with corporate renewable PPA market and utility-scale projects under auction (tender) procedures shall play an increasing role in the solar photovoltaic market development in the CEE & SEE countries by 2030 and beyond.

/15^th March 2021, SolarPower Europe/ Join us for the second digital edition of the SolarPower Summit! The year 2021 is not just “any year”. Amidst the COVID-19 pandemic, European economies and industrial sectors have been under extreme pressure, and the lives of all Europeans have changed profoundly. The European Recovery Plan adopted by EU Member States in July 2020 aimed not only to mitigate the devastating impacts of the pandemic, but to seize a historic opportunity to revive our economies and industries, placing the fight against climate change at the heart of Europe’s future job creation and growth strategy.

/5^h April 2021, SolarPower Europe/ Join us for the second digital edition of the SolarPower Summit! The year 2021 is not just “any year”. Amidst the COVID-19 pandemic, European economies and industrial sectors have been under extreme pressure, and the lives of all Europeans have changed profoundly. The European Recovery Plan adopted by EU Member States in July 2020 aimed not only to mitigate the devastating impacts of the pandemic, but to seize a historic opportunity to revive our economies and industries, placing the fight against climate change at the heart of Europe’s future job creation and growth strategy.

/BRUSSELS, March 10, 2022, 10:00 GMT, SolarPower Europe/ In a world currently facing an array of challenges from the ongoing Covid-19 pandemic to a huge hike in energy prices and the looming threat of climate change, solar is coming to the fore as the solution to some of our most pressing issues.

We know solar can, and must, significantly drive the transition to green energy. In less than ten years, solar power has transformed into the energy solution with the lowest costs and highest flexibility. Innovators are expanding the capabilities of solar technology every day. Manufacturing is making its way back to Europe. The challenge that remains: we need to be faster.

/BRUSSELS, January 12, 2023, 10:00 GMT, SolarPower Europe/ The energy crisis is on everyone’s mind. Europe is faced with choices: reinforced dependency on fossil fuels, or stronger energy security? More LNG terminals, or more solar fields? Europe must opt for the right solution to fix the energy crisis. Only solar and renewables will take us out of the energy crisis, strengthen our security, and put us on track to achieve Europe’s urgent climate goals. The energy security finish line is in sight and Europe is equipped with an EU Solar Strategy. But to implement the historic solar expansion we need, we still have hurdles to overcome.

/BRUSSELS, January 19, 2024, 10:00 GMT, SolarPower Europe/ The Mission Solar sets out new frontiers: Decarbonising our energy systems, and keeping our planet habitable. Strengthening Europe’s energy supply and defending our security. Empowering citizens and democratising energy.  As we face our future, we draw on the collaboration, the technological advancement, and the political drive that can take us into new worlds. As solar meets deeper challenges this decade, the sector must cross these next frontiers as pioneers before us.

/MADRID, March 1, 2023, 11:00 GMT, Sonnedix/ Sonnedix, the international renewable energy producer, and Endesa Spain’s largest electric company, have signed a twelve-year renewable energy power purchase agreement (PPA). The green energy is produced by a 77MW solar PV portfolio acquired by Sonnedix in July 2021, comprised of five solar plants located in Valladolid, Castilla y León province of Spain. The projects are currently under construction and are expected to start operations within the first quarter of 2023.