European Commission

/LONDON, September 12, 2025, 10:00 BST, RENEWABLE MARKET WATCH™/ Abu Dhabi's sovereign wealth fund, Mubadala Investment Company, with $300 billion in assets under management, has recently announced that it is acquiring a stake in Rezolv Energy, one of the leading investors in renewable energy in Central and Southeastern Europe.

/BRUSSELS, BELGIUM, August 27, 2025, 11:30 CET, RENEWABLE MARKET WATCH™/ Renewable energy is growing quickly, largely due to auctions conducted by Member States. This rapid growth is also aided by the decreasing costs of renewable sources, particularly solar and wind energy. To meet the EU’s binding target of a 42.5% share of renewable energy in […]

/LONDON, August 18, 2025, 11:00 BST, RENEWABLE MARKET WATCH™/ The EU Renewable Energy Financing Mechanism is one of the programs financing the transition to clean energy within the EU. In 2024, for every euro invested globally in fossil fuels, €2 were invested in renewable energy. In the EU, investing in clean energy is essential for maintaining our competitiveness and providing clean, secure, and affordable energy.

/LONDON, December 23, 2024, 10:00 GMT, RENEWABLE MARKET WATCHTM/ The gobal renewable energy capacity is projected to grow by 2.7 times by 2030, exceeding the current ambitions of countries by nearly 25%, although it still falls short of tripling. Climate and energy security policies in almost 140 countries have played a crucial role in making renewable energy cost-competitive with fossil fuel power plants. This shift is generating new demand from the private sector and households. Additionally, industrial policies that promote local manufacturing of solar panels and wind turbines are helping to…

/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…

/LONDON, November 11, 2024, 9:00 GMT, RENEWABLE MARKET WATCHTM/ The growth of the European solar power market in 2023 had a remarkable performance. The annual installed capacity solar photovoltaic (PV) capacity in Europe reached 307 GW at the end of 2023, which is a 24 per cent increase compared to 247.6 GW at the end of 2022, according to the recently published study Europe Solar Photovoltaic (PV) Power Market Outlook 2024 ÷ 2033. Germany was again the largest market in 2023, adding a record 14.1 GW of new capacity, followed by…

/BRUSSELS, March 21, 2024, 11:00 GMT, European Commission, RENEWABLE MARKET WATCHTM/ Today, the EU Mission Label was awarded to 23 cities as part of the EU Mission for Climate-Neutral and Smart Cities, one of the EU Missions under Horizon Europe. The Label recognises the cities' plans to achieve climate neutrality by 2030 and aims to facilitate access to public and private funding towards that objective. The first ten cities received the Label in October 2023. The EU Mission Label was awarded by Iliana Ivanova, Commissioner for Innovation, Research, Culture, Education and Youth…

/LONDON, March 5, 2024, 9:00 GMT, RENEWABLE MARKET WATCHTM/ The growth of the European solar power market in 2023 had a remarkable performance. The annual installed capacity solar photovoltaic (PV) capacity in Europe reached 307 GW at the end of 2023, which is a 24 per cent increase compared to 247.6 GW at the end of 2022, according to the recently published study Europe Solar Photovoltaic (PV) Power Market Outlook 2024 ÷ 2033. Germany was again the largest market in 2023, adding a record 14.1 GW of new capacity, followed by…

/BRUSSELS, January 8, 2024, 12:00 GMT, European Commission, RENEWABLE MARKET WATCHTM/ The European Commission has approved a €2.9 billion French scheme for supporting investment in green industries (tax credit for investment in green industries) to foster the transition towards a net-zero economy, in line with the Green Deal Industrial Plan. The scheme was approved under the State aid Temporary Crisis and Transition Framework, adopted by the Commission on 9 March 2023 and amended on 20 November 2023, to support measures in sectors which are crucial for accelerating the green transition and…