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Energy Infrastructure Partners (EIP) will Acquire a 49 per cent Stake in BayWa r.e. Renewable Energy GmbH

EIP will Acquire a 49 per cent Stake in BayWa r.e. Renewable Energy GmbH small

/23rd March 2021, BayWa r.e. Renewable Energy GmbH/ BayWa AG has been given the green light for the capital increase at BayWa r.e. renewable energy GmbH (BayWa r.e.) by an external investor. The regulatory approvals by the responsible supervisory authorities in Germany, Austria and Australia have laid the foundation for the largest transaction in BayWa’s corporate history: Funds advised by the Swiss investor, Energy Infrastructure Partners (EIP), will acquire a 49% stake in BayWa r.e. with an equity contribution of €530 million. The transaction is expected to be completed in March. BayWa AG will remain the majority shareholder with a 51% stake.

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Europe Net Metering and Self-Consumption Solar Photovoltaic (PV) Market is Growing: Prosumers, BIPV, Energy Storage, Distributed Generation, Off-grid, Electric Vehicles, Trends, Investments, Forecast by 2030,  COVID-19 Impact, Renewable Market Watch

Europe Net Metering and Self Consumption Solar Photovoltaic PV Market Outlook 2020 2030 small

/22nd March 2020, RENEWABLE MARKET WATCHTM/ The current levels of dependence on fossil fuels, the need of reducing the carbon emissions associated with energy use and the prospects of developing a new and highly innovative European technology sector make distributed solar photovoltaic energy generation increasingly attractive. To understand how we may unlock the self-generation potential, the analysis Europe Net Metering and Self-Consumption Solar Photovoltaic (PV) Market Outlook 2020 – 2030 has been conducted with primary research, interviews, first-class sources of information, case studies and desk research. Based on our findings, the study drew conclusions and recommendations on developing a more comprehensive policy and regulatory framework for residential and commercial prosumers. Today, renewable energy sources have become a significant contributor to the energy transition occurring in Europe. According to the EU Green Deal, substantial fossil fuel capacity needs faster decommissioning to ensure that the EU reduces carbon-intensive power plants by 2030. The rate of replacement of carbon-intensive energy sources by renewable energy to date has already resulted in GHG emissions reductions in the EU electricity sector. Residential and commercial prosumers installing rooftop and building-integrated (BIPV) solar photovoltaic systems and energy storage shall have a vital role in the European clean energy transition by 2030.

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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), revealed the recent updated 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.

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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 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)?

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Belgium Solar Photovoltaic (PV) Power Capacity Exceeded 6 GW in 2020 - Trends, Investments, Forecast, COVID-19 Impact, Renewable Market Watch

Belgium Solar Photovoltaic PV Power Market Outlook 2020 2030 Small

/26th February 2021, SolarPower Europe, RENEWABLE MARKET WATCHTM/ Belgium recorded its best year for new installations as cumulative installed solar photovoltaic capacity exceed 10 GW at the end of 2020. A study conducted by Ecofys, suggests that Belgium could set a renewable energy target between 22,5% and 27,2%. The association recommends an objective at 25% renewables minimum. Solar photovoltaic (PV) power in Belgium 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.  Each of Belgium’s three regions has its own regulatory framework for solar and renewable energy. The country has the potential to reach 18 GW of solar capacity by 2040, according to the grid operator Elia. Solar PV developments have very good prospects in Belgium as solar technology costs are going down.

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

Kazakhstan Solar Photovoltaic PV Power Market Outlook 2020 2030 Small

/10th February 2021, RENEWABLE MARKET WATCHTM/ This market report offers an incisive and reliable long-term overview of the photovoltaic sector of the country for the period 2020 ÷ 2030. In view of recent cuts in FIT’s announced in Germany, Spain, France, UK, Czech Republic, Slovakia, Bulgaria, Greece and Italy, the Republic of Kazakhstan represents a stable investment environment in the CIS region with clear rules, feed-in tariff support scheme and auction (tender) procedure. The current cumulative installed PV capacity in the country is insignificant, but the number of fully permitted and ready to build projects will promptly increase in 2020 and the next years. Kazakhstan is ranked 25th for Ease of Doing Business in the World Bank’s Doing Business 2020 report. The country has moved up three positions compared with the previous year. Investors prioritize Kazakhstan's strong fundamentals as its most attractive feature.

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The Government of Kosovo Signed an Agreement with IFC to Support Development of a 50 MW Solar PV Power Plant

Kosovo Solar Photovoltaic PV Power Market Outlook 2020 2030 Small

/29th January 2021, RENEWABLE MARKET WATCHTM/ The Government of Kosovo has recently signed an agreement with IFC to help attract a private partner to develop a 50 MW solar photovoltaic (PV) power plant under a structure. The Kosovo Solar project will be implemented through a competitive tender to achieve procurement of lower-cost solar energy. The Republic of Kosovo has a population of 1.8 million and the energy generation in the country is heavily dependent on two old lignite coal-fired power plants with high CO2 emissions. The coal-fired power plants, which cover 91% of the energy generation, reach the end of their operational life and will soon need serious investments for modernisation or decommissioning. Therefore, Kosovo needs viable energy alternatives to build a more flexible power generation strategy with the increased use of renewable energy. Kosovo has solar, wind, hydro and biomass resources available that are more than sufficient to meet the country's energy supply needs, has been mentioned in the regular update of 'Western Balkans Solar Photovoltaic (PV) Power Market Outlook 2020÷2030'.

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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.

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Romania Wind Power Market Outlook 2020÷2030 with Trends, Investments, Wholesale Electricity Price Forecast, Financial Model of 50 MW Wind Farm, Analysis, COVID-19 Impact

Romania Wind Power Market Outlook 20202030 small

/14th January 2021, 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 country had cumulative wind power installed capacity of 14 MW at the end of 2009. Following explosive growth only for four years between 2010 and 2014 cumulative installed capacity exceeded 2,844MW (2.84GW) by the end of 2014. Romania’s potential in wind energy is considered to be the highest in South-Eastern Europe. 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. 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.

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France Surpassed 10 GW Cumulative Installed Solar Photovoltaic Capacity in 2020

France Surpassed 10 GW Cumulative Installed Solar Photovoltaic Capacity in 2020 Small

/12th January 2021, SolarPower Europe, RENEWABLE MARKET WATCHTM/ France crossed the significant capacity threshold of 10 GW installed in 2020. It is now halfway towards its MAEP (Multi-Annual Energy Programme) goal of 20.1 GW of solar capacity by 2023, according to SolarPower Europe. Secondly, despite the impact of the pandemic, France produced 4.46 TWh of solar in the third quarter of 2020, thereby beating its record from 2019 (4.43 TWh). This is a significant achievement and an important step towards building back better. 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 climate targets that have been set are also promising. The Climate & Energy Law adopted last year confirmed the Energy Transition for a Green Growth law with 2030 targets. The detailed MAEP sets out the requirements for each type of technology, and the targets for 2028 now lie between 35.1 GW and 44 GW in cumulative capacity. To keep in line with these targets, the annual market growth rate will need to rise to 2 GW/year between now and 2023, and then 4 GW/year between 2023 and 2028. As a result of these targets, solar is positioned to be one of the most important contributors to the French energy transition.

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