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  • 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™ Participates in COP29 Conference in Baku, Azerbaijan

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    /Baku, Azerbaijan, November 20, 2024, 9:00 GMT, RENEWABLE MARKET WATCHTM/ Renewable Market Watch™ participates in the COP29 Conference in Baku, Azerbaijan. The UN Climate Change Conference (COP29) closed with a new finance goal to help countries to protect their people and economies against climate disasters, and share in the vast benefits of the clean energy boom. A notable achievement during the past two weeks was the progress made on carbon markets. After nearly a decade of work, countries have agreed on the final building blocks that set out how carbon markets will operate under the Paris Agreement, making country-to-country trading and a carbon crediting mechanism fully operational.

  • 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"

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    /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.

  • Renewable Market Watch™ published a new report titled "France Solar Photovoltaic (PV) Power Market Outlook 2024÷2033 with Trends, Investments, Financial Model, Analysis, Forecast"

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    /LONDON, July 16, 2024, 11:30 BST, RENEWABLE MARKET WATCHTM/ France is among the best performers in Europe in the share of installed small-scale solar generation capacity (<1 MW). The French residential solar market is currently in a state of rapid growth. This growth is being driven by a number of factors, including rising electricity prices, the desire for energy independence, the increasing availability of financing options, and the growing popularity of solar battery storage systems. The current cumulative installed PV capacity in France grew up from 1 GW in 2010 to over 18.7 GW at the end of 2023. French prosumers have a wide range of governmental support mechanisms that either subsidise the adoption of flexible technologies or allow for direct monetisation of their assets. Current government plans and legislative changes show firm intentions to continue the existing support and increase solar self-consumption and the number of prosumers..

  • Renewable Market Watch™ published a new report titled "Netherlands Solar Photovoltaic (PV) Power Market Outlook 2024÷2033 with Trends, Investments, Financial Model, Analysis, Forecast"

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    /LONDON, May 6, 2024, 11:00 BST, RENEWABLE MARKET WATCHTM/ The Dutch solar market maintains a good balance between its segments, positioning it as the leading European country in solar capacity per capita. Considering the limited space for ground-mounted installations, the industry is exploring innovative solutions such as on- and off-shore floating solar and solar carports and increased local participation in renewable energy projects to enhance social acceptance and integration. The cumulative installed PV capacity grew from 0.5 GW in 2012 to over 22 GW in 2024. The country is among the best performers in Europe in the share of installed small-scale solar generation capacity (<1 MW). Current government plans and legislative changes show firm intentions to continue the existing support and increase solar self-consumption and the number of prosumers.

  • Renewable Market Watch™ published a new report titled "Romania Solar Photovoltaic (PV) Power Market Outlook 2024÷2033 with Trends, Investments, Financial Model, Analysis, Forecast"

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    /LONDON, April 17, 2024, 10:00 BST, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the country's solar photovoltaic sector for the next long-term period, 2024 ÷ 2033. Romania is a country located at the crossroads of Central, Eastern, and Southeastern Europe. It borders the Black Sea to the southeast, Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, and Moldova to the east. It has a predominantly temperate-continental climate. With a total area of 238,397 square kilometres (92,046 sq mi), Romania is the 12th largest country and also the 7th most populous member state of the European Union, having almost 20 million inhabitants. According to the latest market data, the Romanian solar PV market added more than 1 GW of newly installed capacity in 2023 and scored a remarkable 308 % increase compared to the previous year's growth. The cumulative installed PV capacity grew from 29 MW in 2012 to over 2,900 MW (2.9 GW) in 2023. After positive legal and regulatory changes from 2020 to 2023, the Romanian market has a good chance to add much more new solar PV capacity in the next years.

  • Renewable Market Watch™ Published New Update of the Report "Bulgaria Solar Photovoltaic (PV) Power Market: Outlook 2023 - 2032 with Trends, Forecasts, Investments, Opportunities, Analysis"

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    /LONDON, November 9, 2023, 10:15 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. In the middle of 2023, Bulgaria's cumulative installed solar PV capacity exceeded 2,100 MW (2.1 GW). Several large-scale solar photovoltaic (PV) projects with a power capacity above 100 MW were launched into commercial operation in Bulgaria in 2022 and 2023. Local and international investors will build new solar projects between 2024 and 2026. In the last few years, Bulgaria has been the focus of the investors’ interest. Furthermore, Bulgaria has to diminish its dependency on Russian energy imports quickly, and solar power is one of the best renewable energy alternatives. The recent changes in the renewable energy legislation promulgated in the State Gazette on 13 October 2023 are supposed to propel further the growth of the Bulgarian solar photovoltaic energy market.

  • Renewable Market Watch™ Visited The Intersolar Europe Conference and The smarter E Europe Exhibition in Munich from 13 to 16 June 2023

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    /MUNICH, June 16, 2023, 17:00 BST, RENEWABLE MARKET WATCHTM/ Renewable Market Watch™ visited the smarter E Europe Conference and Exhibition in Munich from 13 to 16 June 2023. After three exhibition days and inspiring conferences and forums, Europe’s largest platform for the energy industry publishes a record success: 2,469 exhibitors from 57 countries showcased products and solutions across 180,000 square meters in 17 exhibition halls and an outdoor area. More than 106,000 visitors from 166 countries made their way to Munich to be part of the event this year, and with over 2,000 participants from all over the world, the conferences and side events of the 2023 edition also broke all records. This made The smarter E Europe 2023 the largest and most international event in its history to date, setting the course for a 24/7 renewable energy supply. Besides meetings with its existing customers, the Renewable Market Watch's team also met with national solar industry associations and many new exhibitors with high-standard and novelty products such as solar PV modules, inverters, battery storage, and software service providers.

  • Renewable Power Generation Costs Reduction - 2020 Overview in the Recent Study of IRENA Released in 2021 with LCOE of Renewable Energy Technologies

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    /30th June 2021, IRENA, RENEWABLE MARKET WATCHTM/ Between 2000 and 2020, renewable power generation capacity worldwide increased 3.7‑fold, from 754 gigawatts (GW) to 2 799 GW, as their costs have fallen sharply, driven by steadily improving technologies, economies of scale, competitive supply chains and improving the developer experience. Costs for electricity from utility-scale solar photovoltaics (PV) fell 85% between 2010 and 2020. Renewables are becoming more and more competitive in the energy landscape. The data from the IRENA Renewable Cost Database shows cost declines continued in 2020, with the cost of electricity from utility-scale solar photovoltaics (PV) falling 7% year-on-year, offshore wind fell by 9%, onshore wind by 13% and that of concentrating solar power (CSP) by 16%.

  • Renewable Power Generation Costs Reduction Overview in the Recent Study of IRENA

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    /26th June 2020, IRENA, RENEWABLE MARKET WATCHTM/ Installing new renewables increasingly costs less than the cheapest fossil fuels. With or without the health and economic crisis, dirty coal plants were overdue to be consigned to the past. Newly installed renewable power capacity increasingly costs less than the cheapest power generation options based on fossil fuels. The cost data presented in the recent comprehensive study from the International Renewable Energy Agency (IRENA) confirms how decisively the tables have turned. Next year, up to 1 200 gigawatts of existing coal-fired capacity could cost more to operate than new utility-scale solar photovoltaic (PV) costs to install, the report shows. Replacing the costliest 500 gigawatts of coal capacity with solar and wind would cut annual system costs by as much as USD 23 billion per year and reduce annual carbon dioxide (CO2) emissions by around 1.8 gigatonnes, or 5% of last year’s global total. It would also yield a stimulus worth USD 940 billion, or around 1% of global GDP.

  • Restart Energy Signed a Grid Connection Contract for a 50MW Solar Photovoltaic Project in Romania

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    /LONDON, January 18, 2022, 9:15 GMT, RENEWABLE MARKET WATCHTM/ This 50MW solar photovoltaic (PV) project is the first crucial step in the planned 500MW pipeline of renewable energy projects in Romania by 2025. It is located in Sărmăşag, Sălaj County of Romania, and the estimated investment for its realisation is EUR 40 million. The estimated аnnual energy production (AEP) is 60,000 MWh. The final commissioning of the project is scheduled for the end of Q1 2022. Through this project, Restart aims to create 100 temporary jobs (during construction) and 15 permanent jobs - during operation. Furthermore, Restart Energy has planned to purchase or develop 100MW renewable energy projects (solar, wind, biogas, biomass and geothermal) each year.

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

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    /11th August 2020, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the country's solar photovoltaic sector for the next long term period 2020 ÷ 2030. Romania is a country located at the crossroads of Central, Eastern, and Southeastern Europe. It borders the Black Sea to the southeast, Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, and Moldova to the east. It has a predominantly temperate-continental climate. With a total area of 238,397 square kilometres (92,046 sq mi), Romania is the 12th largest country and also the 7th most populous member state of the European Union, having almost 20 million inhabitants. The current cumulative installed PV capacity grew up from 29 MW in 2012 to over 1350 MW in 2018. The number of green certificates was reduced in 2014, but the Romanian market has good chances to add more cumulative installed PV capacity in the next 2 years, especially under net metering and self-consumption commercial and residential installations.

  • Romania Solar Photovoltaic (PV) Power Market Outlook 2022÷2031 with Trends, Investments, Financial Model, Analysis, Forecast

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    /LONDON, September 16, 2022, 10:00 BST, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the country's solar photovoltaic sector for the next long-term period, 2022 ÷ 2031. Romania is a country located at the crossroads of Central, Eastern, and Southeastern Europe. It borders the Black Sea to the southeast, Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, and Moldova to the east. It has a predominantly temperate-continental climate. With a total area of 238,397 square kilometres (92,046 sq mi), Romania is the 12th largest country and also the 7th most populous member state of the European Union, having almost 20 million inhabitants. The current cumulative installed PV capacity grew up from 29 MW in 2012 to over 1458 MW in 2021. After positive legal and regulatory changes from 2020 to 2022, the Romanian market has a good chance to add more cumulative installed PV capacity in the next 2 years, especially under net metering and self-consumption commercial and residential installations.

  • Romania Solar Photovoltaic (PV) Power Market Outlook 2023÷2032 with Trends, Investments, Financial Model, Analysis, Forecast

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    /LONDON, April 19, 2023, 14:00 BST, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable overview of the country's solar photovoltaic sector for the next long-term period, 2023 ÷ 2032. Romania is a country located at the crossroads of Central, Eastern, and Southeastern Europe. It borders the Black Sea to the southeast, Bulgaria to the south, Ukraine to the north, Hungary to the west, Serbia to the southwest, and Moldova to the east. It has a predominantly temperate-continental climate. With a total area of 238,397 square kilometres (92,046 sq mi), Romania is the 12th largest country and also the 7th most populous member state of the European Union, having almost 20 million inhabitants. The cumulative installed PV capacity grew from 29 MW in 2012 to over 1,700 MW (1.7 GW) in 2021. After positive legal and regulatory changes from 2020 to 2022, the Romanian market can add more cumulative installed PV capacity in the next two years, especially under net metering and self-consumption commercial and residential installations.

  • RWE Acquires JBM Solar and Becomes a Top 3 Solar Developer in the United Kingdom

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    /ESSEN, March 2, 2023, 9:30 GMT, RWE/ RWE, the UK’s largest power generator and one of the largest renewables developers, has significantly expanded its solar and battery capabilities by acquiring JBM Solar, a large independent developer of solar and battery storage systems. With this acquisition RWE reaffirms its UK strategy by continuing to grow and to diversify its UK portfolio by adding further solar and battery projects. With the acquisition of JBM Solar, RWE takes over a mature pipeline with a combined capacity of around 6.1 gigawatts (GWac), split into 3.8 GWac of solar and 2.3 GWac of battery storage projects. Most of the projects are in the central and southern regions of England and a large proportion already have grid connections and land secured.

  • RWE Plans Innovative Demonstration Plant for Agrivoltaics in North Rhine-Westphalia, Germany

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    /ESSEN, December 22, 2022, 9:30 GMT, RWE/ RWE and Forschungszentrum Jülich want to demonstrate how that can work in the Rhenish lignite mining district. The plan is to generate solar power in tandem with agricultural and horticultural activities on about seven hectares of recultivated land at the edge of Garzweiler Mine in Titz-Jackerath in the district of Düren in North Rhine-Westphalia. The research project is funded by the state of North Rhine-Westphalia through the progres.nrw programme. For Germany to be able to achieve its climate targets, the land must be made available for the expansion of solar power and innovative plans must be developed. In addition to Floating-PV plants on lakes, agrivoltaics (“Agri-PV”) offers major potential for expansion.

  • RWE Plans up to EUR 1.5 billion in Total Investment Volume in Ireland by 2030 to Support the Country's Zero Energy Transition

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    /DUBLIN, April 13, 2022, 9:30 BST, RWE/ RWE is the global leader in renewable energy with a firm target to achieve carbon neutrality by 2040, with a commitment to invest EUR50 billion by 2030 to expand its green generation capacity to 50GW. Along with this plan, the company will allocate up to EUR1.5 billion in Ireland through the renewable energy project under development. The company has a clear goal and know-how and wants to be a long-term energy partner supporting the Irish Government's plans to transition to 80% renewable electricity generation by 2030. 

  • RWE Starts Construction of its First 8.3 MW Solar Photovoltaic Power Plant in Italy

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    /ROME, April 29, 2024, 9:30 BST, RWE/ RWE has started the construction of its first solar plant in Italy. Bosco, an 8.3 megawatt (MWac) ground-mounted solar plant, will be installed in Partinico Municipality near Palermo, Sicily. On a 16-hectare site, around 15,000 bifacial modules1 will have the capacity to generate enough green electricity to supply the equivalent of 7,000 Italian homes. Commissioning of this solar powerr plant is planned for the end of the year.

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