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News & Analysis

1.4 GW of New Solar Photovoltaic Capacity was Installed in July 2025 in Germany

15 August 2025

/BERLIN, GERMANY, August 15, 2025, 9:00 CET, RENEWABLE MARKET WATCH™/ Germany added approximately 1.4 GW of new photovoltaic (PV) capacity in July, as reported by Bundesnetzagentur. This figure increased from 1,033 MW in June and remained stable compared to about…

Renalfa Received EUR 315 Million Financing for Renewable Energy Projects in Bulgaria, Hungary, North Macedonia and Romania

11 August 2025

/VIENNA, AUSTRIA, August 11, 2025, 11:45 CET, RENEWABLE MARKET WATCH™/ Vienna-based Renalfa IPP has recently secured €315 million from a consortium of lenders, including the European Bank for Reconstruction and Development (EBRD), to expedite the transition to green energy in…

Ignitis Renewables Continues its Business in Latvia with Commissioning of Stelpe Solar Power Plant I with 72.5 MW Power Capacity

8 August 2025

/RIGA, LATVIA, August 8, 2025, 9:00 CET, RENEWABLE MARKET WATCH™/ Ignitis Renewables, an international green energy company, is expanding its presence in Latvia. Recently, they announced that the Vārme solar farm has begun operations, and today, the Stelpe Solar Farm…

MET Group Launched into Commercial Operation an 11.5 MWp Solar Photovoltaic Power Plant in Germany

5 August 2025

/MECKLENBURG-WESTERN POMERANIA, GERMANY, August 5, 2025, 12:00 CET, RENEWABLE MARKET WATCH™/ The Kentzlin solar park, located in the state of Mecklenburg-Western Pomerania, has been successfully connected to the German power grid. It has an 11.5 MWp capacity and is the…

Sunterra RE Selected Sungrow for 1 GWh BESS Supply for its Solar Photovoltaic Power Plants in Bulgaria

1 August 2025

/SOFIA, BULGARIA, August 1, 2025, 10:30 CET, RENEWABLE MARKET WATCH™/ Sunterra RE, Bulgaria’s leading solar energy company, has formed a strategic partnership with Sungrow, a global leader in innovative renewable energy solutions. This agreement focuses on implementing modern battery energy…

Opdenergy Acquired 13 Operational Wind Farms with a Total Power Capacity of 440 MW from Acciona Energia

28 July 2025

/MADRID, SPAIN, July 28, 2025, 10:00 CET, Opdenergy/ Opdenergy, an independent renewable energy producer, today announced the acquisition from Acciona Energía of a portfolio of operational wind assets with a total capacity of 440 MW. The assets comprise 13 wind…

Ministries of Energy and the Environment of Lithuania Approved EUR 37 Million for Battery Energy Storage System (BESS) Projects

25 July 2025

/VILNUIS, LITHUANIA, July 25, 2025, 9:00 CET, RENEWABLE MARKET WATCH™/ Lithuania’s Ministries of Energy and Environment have approved an additional €37 million to expand capital expenditure support for energy storage projects. This funding supplements an existing €102 million fund managed…

Envision Energy Signed Agreements to Supply Two 50 MW/100 MWh Battery Energy Storage Systems (BESS) in Scotland

22 July 2025

/EDINBURGH, Scotland, July 22, 2025, 10:00 BST, Envision Energy/ Envision Energy is proud to support Field’s Holmston and Drum Farm storage projects with Envision’s 100 MWh battery systems — accelerating the energy transition in Scotland with advanced technology and long-term…

Renewable Market Watch™ Published a New Update of the Report titled “Hungary Solar Photovoltaic (PV) Power Market Outlook 2025÷2034 with Trends, Investments, Financial Model, Analysis, Forecast”

21 July 2025

/LONDON, July 21, 2025, 10:00 BST, RENEWABLE MARKET WATCH™/ This market report provides an incisive and reliable overview of the country’s photovoltaic sector for the next 10-year period, 2025-2034. With a land area of 93,028 km2, Hungary is a landlocked…

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Detailed Study About the Latest Developments of the Fast-Growing Bulgarian Battery Energy Storage System (BESS) Market with Outlook to 2035

27 July 2026

/SOFIA, BULGARIA, July 27, 2026, 10:00 CEST, RENEWABLE MARKET WATCH™/ Over the past three years, Bulgaria has transformed from a marginal player to the most dynamic battery energy storage (BESS) market in Europe, driven by targeted and effective support measures. Installed and contracted capacity has already surpassed the country’s 2030…

European Commission (EC) Published Guidance on the Application of Non-price Criteria under the Net-Zero Industry Act (NZIA)

24 July 2026

/BRUSSELS, July 24, 2026, 11:00 CEST, RENEWABLE MARKET WATCH™/ The European Commission has released two comprehensive guidance documents detailing the implementation of Article 25 and Article 26 of the Net-Zero Industry Act. These documents are designed to strategically harness public procurement as a catalyst for strengthening Europe’s manufacturing ecosystem for…

Fast-Growing Bulgarian EPC Company SunEarth Solar Secures Landmark 30 MW Solar Photovoltaic (PV) Project in Romania, Bolstering Regional Renewable Energy Landscape

23 July 2026

/BUCHAREST, ROMANIA, July 23, 2026, 11:00 CEST, RENEWABLE MARKET WATCH™/ Continuing its successful expansion across Southeast Europe’s renewable energy sector, the well-established Bulgarian Engineering, Procurement, and Construction (EPC) provider SunEarth Solar Ltd. has officially been awarded with the subcontract to execute a ground mounting and installation of fixing structures for…

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Netherlands Solar Photovoltaic (PV) Power Market Outlook 2025÷2034

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Germany Solar Photovoltaic (PV) Power Market Outlook 2025÷2034

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