News & Analysis

/17^th April 2015, RENEWABLE MARKET WATCH^TM/ The solar PV sector in Central and South-Eastern Europe (CEE & SEE) Eastern Europe is experiencing challenging times with many regional governments reducing their support for the sector.  This situation makes investment decisions even harder as the risk seems to have increased and the information on how to deal with this risks remains limited. Renewable Market Watch is now launching the very comprehensive FREE Market Review for solar PV energy for CEE and SEE countries 2014 – 2015, giving you access to exclusive information you will not be able to find elsewhere. The current leaders in this industry growth amongst CEE and SEE countries, Czech Republic, Bulgaria, Romania and Greece have already finished the development of a large number of photovoltaic power plants and by 2013 have reached the impressive 6,805 MW according to CEE and SEE Countries Solar PV Market Review 2014 - 2015. Global total cumulative installed photovoltaic capacity reached 184 GW at the end of 2014. While demand for energy grows the question of the source of this energy becomes increasingly important.

/11^th February 2015, RENEWABLE MARKET WATCH^TM/ Solar PV market in CIS countries scored a remarkable 168 % CAGR growth of PV installations in 2013 compared to 2012. Significant progress achieved in photovoltaic sector development has made Ukraine an undoubted industry leader among the CIS countries by the end of February 2014. After that political turmoil in Ukraine changed the political and economic picture in the CIS region. Most of investors and developers preferred to put on hold or give up from their photovoltaic projects. Due to political turmoil in Ukraine and annexation of Crimea by Russia in February 2014, we have to point out that 2014 was vulnerable for the photovoltaic sector in CIS countries, which was mostly dependent on the solar power plant developments in Ukraine. The future of the solar PV sector in Ukraine remains unstable and cloudy, whilst Kazakhstan and Russia are expected to contribute to CIS countries solar PV sector growth in 2015.

/7^th January 2015, RENEWABLE MARKET WATCH^TM/  This year (2015) seems to be quite important for further developing the solar PV market in Turkey. It is clear that the country's energy dependence is high, and the Turkish government would like to diminish it as much as possible and as soon as possible in the next years. This is one of the reasons that many investors have been waiting with interest since a few years establishment of Turkish Solar PV market. They originated starting from local Turkish investors to Western Europe through the USA and Asia. Expectations for positive development and sizeable growth of Turkish solar PV market have sharply increased since 2013 due to the number of reasons. Prospects for 2015 are looking more promising, but is it possible, and is it easy to enter this lucrative and very promising solar PV market? Answer to these questions, together with detailed market analysis could be found in our recently published report Turkey Photovoltaic Market: Outlook 2015 - 2025