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  • New Solar Photovoltaic (PV) Power Market Activity in the Czech Republic and Coal-to-Clean Energy Prospects – Insights, Political Climate, Energy Strategy, Forecast, Renewable Market Watch

    Belgium Solar Photovoltaic PV Power Market Outlook 2020 2030 Small

    /3rd September 2021, RENEWABLE MARKET WATCHTM/ The Czech Republic is the fourth most energy-intensive country in the EU mainly due to the high intensity of its industry (such as metallurgy, steel and coal). After Germany and Poland, the Czech Republic is the third-largest coal producer in the EU. Although gains have been made in reducing energy intensity in the industry sector, the potential for energy efficiency improvements in the buildings and transport sectors is substantial. Energy use and carbon dioxide emissions in these sectors are growing. Energy efficiency improvement is considered a priority to reduce energy consumption and address climate change while also providing benefits for energy security. Investments in new renewable energy generation capacity in the Czech Republic are moderate in the past five years. Coal remains the primary energy source for electricity production, followed by nuclear power and hydropower. However, activity on the solar photovoltaic (PV) power market in the Czech Republic has been increasing since 2018, according to the recently published study Czech Republic Solar Photovoltaic (PV) Power Market Outlook 2021 ÷ 2030.

  • New Update is Published of the Europe Solar Power Market Outlook 2020 - 2030 with Trends, Investments, Analysis, COVID-19-Impact, Projections

    Europe Solar Photovoltaic Power Market Outlook 2020 2030 small

    /30th November 2020, RENEWABLE MARKET WATCHTM/ Solar energy is the fastest-growing and lowest cost source in the world. In Europe, solar capacity increased by 36 percent to 8.5GW in 2018. However, 2019 was a huge success for the European solar PV market with a 104 percent increase of newly installed solar PV capacity (16.7GW) compared to 2018 (8.5GW), according to the Europe Solar Photovoltaic (PV) Power Market Outlook: 2020 ÷ 2030. Cumulative installed solar capacity in Europe reached 131.9GW by the end of 2019, which is a 14 percent increase compared to 115.2GW at the end of 2018. By the end of 2020, several member states in the European Union have to speed up to meet their 2020 renewable energy targets. Furthermore, Renewable Market Watch™ expects countries such as Spain, France, and Italy shall take their place at the GW-scale annual installation level. Most of the countries in Europe agree with the new 32% EU 2030 renewables target. The ‘Clean Energy for all Europeans’ package gives the solar sector a solid policy framework that paves the way for much more versatile, low-cost solar investments in Europe. The European Green Deal is the new roadmap for making the EU's economy sustainable. This will happen by turning climate and environmental challenges into opportunities across all policy areas and making the transition just and inclusive for all.

  • OMV Petrom Signed an Agreement for the Purchase of Several Photovoltaic Power Plants in Romania with a Total Capacity of 710 MW

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    /BUCHAREST, July 14, 2023, 14:00 BST, OMV Petrom/ OMV Petrom, the largest integrated energy company in Southeast Europe, signed an agreement at the end of June 2023 for the purchase of several projects for the construction of photovoltaic parks in Teleorman County. The projects are being developed by the Danish developer Jantzen Renewables ApS. The completion of the transaction is estimated for the second quarter of the next year, when the projects will reach the "ready-to-build" phase. The installed power of these photovoltaic parks will be ~710 MW. The parks will be one of Southeast Europe's most significant photovoltaic projects, powering the equivalent consumption of ~280,000 Romanian households annually.

  • Photon Energy Breaks Ground on Second of Total 32 MWp Solar Projects to Be Built in Romania This Year

    Poland Solar Photovoltaic PV Power Market Outlook 2020 2030 Small

    /BUCHAREST, July 13, 2022, 9:30 GMT, PHOTON ENERGY N.V./ Photon Energy N.V. announces that it has broken ground on the construction of its second Romanian PV power plant, which will have a generation capacity of 4.7 MWp. High-efficiency bifacial solar modules mounted on single-axis trackers will deliver around 6.8 GWh of renewable energy annually to the grid of Distribuție Energie Electrică Romania, which will be sold on the energy market on a merchant basis, without any support or a power purchase agreement with an energy offtaker. The new power plant is scheduled to commence operations in the fourth quarter of 2022. Located near Aiud in Romania’s Alba County, the power plant will extend over 6.6 hectares of greenfield land and will be equipped with some 8,700 solar panels.

  • Photon Energy Connects 10.3 MWp Solar PV Power Plants to the Grid in Romania

    Poland Solar Photovoltaic PV Power Market Outlook 2020 2030 Small

    /BUCHAREST, August 29, 2023, 9:30 BST, PHOTON ENERGY N.V./ Photon Energy N.V. announces that Photon Energy Engineering Romania S.R.L. – the Group's Romanian subsidiary dedicated to engineering, procurement and construction (EPC) services – has completed and grid-connected two photovoltaic (PV) power plants in its Romanian market. The power plants have a combined generation capacity of 10.3 MWp. We are excited to have expanded our portfolio of operating solar PV assets by an additional 10.3 MWp,’ said Georg Hotar, CEO of Photon Energy Group. ‘Following the commissioning of our first six power plants in Romania earlier this year, the commissioning of the installations in Făget and Săhăteni represents another important milestone for Photon Energy in the Romanian renewable energy market, where we have an additional capacity of around 20 MWp in five different locations at an advanced stage of construction.’

  • Photon Energy N.V. Applies for up to EUR 15 Million Loan from the European Bank for Reconstruction and Development (EBRD) to Finance up to 30 MW Solar Project Portfolio in Romania

    Poland Solar Photovoltaic PV Power Market Outlook 2020 2030 Small

    /LONDON, December 8, 2023, 9:00 GMT, EBRD, RENEWABLE MARKET WATCHTM/ Photon Energy N.V. applied for up to EUR 15 million senior secured loan to finance a portfolio of up to 20-30MW of solar power plants in Romania and investments in Lerta R&D and capacity market collateral capex, including in the associated Virtual Power Plant ("VPP") software and hardware platform. The EBRD loan is to be approved under the EBRD InvestEU Framework for Sustainable Transition (OpID 54197). The Bank's proceeds will be used to finance the completion of the Company's solar projects in Romania and will allow the Company to proceed with projects currently in a less advanced development phase across Romania and Poland. EBRD financing will also enable Photon's subsidiary Lerta to participate in the incoming capacity market and energy system services auctions, thus expanding the product offer towards over 1GW of capacity currently supported by the Lerta's VPP software.

  • Poland Solar Photovoltaic (PV) Power Market Outlook 2020÷2030 with Trends, Investments, Financial Model, Analysis, COVID-19-Impact

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    /3rd November 2020, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the photovoltaic sector of the country for the next 10 years period 2020 ÷ 2030. Poland is a very interesting market, according to the Poland Solar Photovoltaic (PV) Power Market Outlook 2020÷2030, due to its political and economic stability, high prices for electricity, and heavy dependence on coal and lignite in power generation, which should be changed to comply with EU renewable policy. Because of recent cuts in FIT’s announced in Germany, Spain, France, UK, Czech Republic, Slovakia, Bulgaria Romania, and Italy, Poland represents a stable investment environment in Central-East Europe. Consuming 77 million tonnes of coal per year, Poland is the 10th largest coal consumer in the world and the 2nd largest in the EU, after Germany. The Central Mining Institute of Poland estimates that coal production will fall by one third in 2030 if no investments are made in the sector.

  • Poland Solar Photovoltaic (PV) Power Market Reached 3.89 GW in 2020 - Trends, Investments, Financial Model, Analysis, COVID-19 Impact

    Poland Solar Photovoltaic PV Power Market Outlook 2020 2030 Small

    /17th March 2021, RENEWABLE MARKET WATCHTM/ Solar photovoltaic (PV) power market in Poland reached the impressive 3.9 GW cumulative installed capacity (up from 1.3 GW in 2019), revealing the recent update of Poland Solar Photovoltaic (PV) Power Market Outlook 2020÷2030. This market report offers an incisive and reliable overview of the photovoltaic sector of the country for the next 10 years period 2020 ÷ 2030. Poland is a very interesting market, due to its political and economic stability, high prices for electricity, and heavy dependence on coal and lignite in power generation, which should be changed to comply with EU renewable policy. The country is well on track to reach its NECP goal of 7.8 GW of solar by 2025. The Polish institute IEO has reported that by December 2020, 10 GW worth of preliminary grid project permits were acquired, marking the sustained growth of solar in Poland. Because of cuts in FIT’s announced in Germany, Spain, France, UK, Czech Republic, Slovakia, Bulgaria Romania, and Italy, Poland represents a stable investment environment in Central-East Europe. Consuming 77 million tonnes of coal per year, Poland is the 10th largest coal consumer in the world and the 2nd largest in the EU, after Germany. The Central Mining Institute of Poland estimates that coal production will fall by one third in 2030 if no investments are made in the sector.

  • Portland Trust Finalised Deal for Sale of a 155 MW Solar Photovoltaic Project in Romania to Econergy and Nofar Energy

    New Horizons for Solar Power Market Romania small

    /LONDON, November 10, 2021, 14:30 GMT, RENEWABLE MARKET WATCHTM/ The 155MW project will be one of Romania's largest solar photovoltaic power plants. It is located on Ratesti, Arges county, on a land plot with approximately 165 hectares. There is no information disclosed about the deal price. Earlier this year, Portland Trust announced its plans to create a portfolio of more than 500MW solar projects in Romania. According to the Renewable Market Watch, this deal is only the beginning of many deals for new large scale solar projects in Romania that local and international investors will announce in 2022 and 2023.

  • Puespoek Group Plans to Install 400 MWp of Solar Power Capacity in Austria by 2026

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    /LONDON, July 29, 2024, 9:30 BST, RENEWABLE MARKET WATCHTM/ Puespoek Group, one of the leading companies in the field of renewable energies and one of the largest wind power operators in Austria, has launched a solar PV offensive with its agricultural photovoltaic plant (Agri-PV) Nickelsdorf I. Once completed, the company will generate clean electricity for around 100,000 additional households.

  • PV-ezRack Launches First High-rise Solar Mounting Solution – The SolarBalcony

    Solar Balcony PV Mounting System Clenergy small

    /19th November 2020, Clenergy/ The PV-ezRack by Clenergy remains committed to developing innovative mounting systems and solutions for the global market. Thanks to multiple tests conducted in the past few months, the company's R&D team has launched the latest ‘Elevate series’ with its premier product, SolarBalcony mounting system. PV-ezRack® SolarBalcony as the name suggests is a brand-new mounting structure for PV installations on high-rise balconies. See below the top 3 benefits of this newly released solar mounting solution. Easy Installation for Battery Power All pre-assembled parts allow for fast, easy, and cost-efficient installation. Looking for a solar power for your off-grid battery. This mounting frame brings you one step closer to achieving this. Manufactured using 6005-T5 Aluminium alloy and 304 stainless steel in different anodized thicknesses, PV-ezRack® SolarBalcony features excellent corrosion resistance and durability. It applies to coastal regions and many other harsh environments, which are more susceptible to corrosion.

  • RE-Source 2020 – The European PPA market – an overview

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    /7th December 2020, Brussels/ Corporate Cumulative PPA capacities in Europe: So far, Europe has seen a cumulative 11.1 gigawatt (GW) of contracted renewable energy power purchase agreements (PPAs) by volume. That’s a significant increase compared to the 2.2 GW of cumulative PPA capacity in 2016. There is an increasing trend in PPAs signed in Europe annually (s. Figure 1) with a total of 145 PPAs signed in Europe to date. The demand for renewable energies spans across Europe with PPAs signed in as much as 13 different countries: Italy, Poland, France, Denmark, Belgium, Ireland, Germany, the Netherlands, Finland, the U.K., Spain, Sweden and Norway. In terms of project volume, 73% of renewable PPAs signed in Europe source electricity from wind energy.

  • RE-Source 2020: Global demand for corporate renewable electricity sourcing continues to grow despite COVID-19 pandemic

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    /7th December 2020, Brussels/ Corporate renewable electricity sourcing in Europe has shown continuous growth despite the COVID-19 pandemic, demonstrating the resilience and potential of Europe’s renewable energy sector. In November 2020, the cumulative contracted volume of corporate renewable power purchase agreements (PPAs) in Europe reached the 11 GW mark, up from just 2.2 GW by the end of 2016 and with a record 3 GW contracted in 2020 alone. This shows that more and more companies are stepping up to the challenge of reducing carbon emissions with renewable electricity, in line with the EU’s plans for a green economic recovery.

  • Register for RE-Source 2021 Event on 14-15 October at the Okura Hotel in Amsterdam

    ReSource 2021 Partner Renewable Market Watch small

    /BRUSSELS, October 1, 2021, 9:00 CET, WindEurope, SolarPower Europe/ Join us for RE-Source 2021. 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.

  • Renewable Market Watch is a Media Partner of SolarPower Summit 2021: Driving Sustainable Change: 10 – 12 May Online

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    /10th May 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. Renewable Market Watch™ is a Media Partner of SolarPower Summit 2021: Driving Sustainable Change.

  • Renewable Market Watch Supports the 45% Renewable Energy Target in the European Union (EU) by 2030

    Yes to 45 per cent RES small

    /LONDON, December 15, 2021, 9:00 GMT, RENEWABLE MARKET WATCHTM/ In partnership with eight other renewable energy and city associations, with the endorsement of scientists from the IPCC and leading universities, SolarPower Europe is calling on members of the European Parliament and EU Member States representatives to endorse a minimum 45% renewable target by 2030 to fight the climate crisis. The letter published on 8 December 2021 underlines the critical importance of accelerating the clean energy transition to avoid climate catastrophe.

  • Renewable Market Watch™ is a Media Partner and Participates in the Utility Scale Solar and Wind Europe Conference and Exhibition 2022 Organised by Reuters Events

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    /MUNICH, November 28, 2022, 9:30 GMT, RENEWABLE MARKET WATCHTM/ Renewable Market Watch™ is a media partner and participates in Utility Scale Solar and Wind Europe Conference and Exhibition 2022. The conference will unite asset owners, managers, operators, utilities, developers, EPC, OEMs, and the value chain to develop the roadmap for eliminating operational risks and driving maximum value for European solar and wind assets. The event will occur at Hilton Munich Park, Am Tucherpark 7, Munich 80538, Germany. The world faces the existential threat of climate change and a burgeoning energy crisis exacerbated by Russia's unprovoked and unjustified military aggression on Ukraine. Accelerating the decarbonisation of the energy systems is the only way to ensure sustainable, secure simultaneously, and affordable energy in the European Union.

  • Renewable Market Watch™ Participates in COP27 Conference in Sharm El Sheikh, Egypt

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    /SHARM EL-SHEIKH, November 7, 2022, 9:00 GMT, RENEWABLE MARKET WATCHTM/ Renewable Market Watch™ Participates in COP27 Conference in Sharm El Sheikh, Egypt. The 2022 United Nations Climate Change Conference or Conference of the Parties of the UNFCCC, more commonly referred to as COP27, is the 27th United Nations Climate Change Conference and is being held from 6 November until 18 November 2022 in Sharm El Sheikh, Egypt. It is taking place under the presidency of Egyptian Minister of Foreign Affairs Sameh Shoukry, with more than 90 heads of state and an estimated 35,000 representatives, or delegates, of 190 countries expected to attend. It is the first climate summit held in Africa since 2016. The conference has been held annually since the first UN climate agreement in 1992. It is used by governments to agree on policies to limit global temperature rises and adapt to impacts associated with climate change.

  • Renewable Market Watch™ Participates in COP28 Conference in Dubai, United Arab Emirates

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    /DUBAI, the United Arab Emirates (UAE), December 12, 2023, 9:00 GMT, RENEWABLE MARKET WATCHTM/ Renewable Market Watch™ participates in the COP28 Conference in Dubai, UAE. COP28 closed today with an agreement that signals the “beginning of the end” of the fossil fuel era by laying the ground for a swift, just and equitable transition underpinned by deep emissions cuts and scaled-up finance. In a demonstration of global solidarity, negotiators from nearly 200 Parties came together in Dubai with a decision (the UEA Consensus) on the world’s first ‘global stocktake’ to ratchet up climate action before the end of the decade – with the overarching aim to keep the global temperature limit of 1.5°C within reach. The UAE Consensus calls on Parties to transition away from fossil fuels to reach net zero, encourages them to submit economy-wide Nationally Determined Contributions (NDCs), includes a new specific target to triple renewables and double energy efficiency by 2030, and builds momentum towards a new architecture for climate finance.

  • Renewable Market Watch™ published a new report Titled "Europe Solar Photovoltaic (PV) Power Market Outlook by Segment (Residential, Commercial, and Utility) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2030"

    Europe Solar Photovoltaic Power Market Outlook 2021 2030 small

    /LONDON, June 9, 2021,  PRNewswire/ Nowadays, there is an increased demand for solar power all over Europe. The cumulative installed solar photovoltaic (PV) capacity in Europe reached 151.7GW at the end of 2020, which is а 10 per cent increase compared to 138GW at the end of 2019, according to the recently published study Europe Solar Photovoltaic (PV) Power Market Outlook: 2021 ÷ 2030. Germany was the largest market in 2020, adding 4.8GW new capacity, followed by the Netherlands (2.8GW), Spain (2.6GW), Poland (2.2GW), and France (0.9GW). Amarenco, Axpo, BayWa r.e., Enel Green Power, Hanhwa Q-Cells, Huawei, Iberdrola, First Solar, Jinko, Lightsource bp, LONGi Solar and SMA, are among the key players in the market.

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