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

/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…
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Hungary Solar Photovoltaic (PV) Power Market Outlook 2020 – 2030 with Trends, Investments, Financial Model, Analysis, COVID-19 Impact

/2nd June 2020, RENEWABLE MARKET WATCHTM/ With a land area of 93,028 km2, Hungary is a landlocked country in Central Europe. It measures about 250 km from north to south and 524 km from east to west. It has 2,106 km of boundaries, shared with Austria to the west, Serbia, Croatia and Slovenia to the south and southwest, Romania to the southeast, Ukraine to the northeast, and Slovakia to the north. The country’s landscape is mostly flat. The population was 9.82 million, and the current gross domestic product (GDP) was $155.7…
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New Report is Published about the Europe Solar Power Market 2020 – 2030 with Trends, Investments, Analysis, COVID-19 Impact, Projections

/15th May 2020, RENEWABLE MARKET WATCHTM/ Solar energy is the fastest-growing and lowest cost source globally. In Europe, solar capacity increased by 36 per cent to 8.5GW in 2018. However, 2019 was a huge success for the European solar PV market with a 104 per cent increase of newly installed solar PV capacity (16.7GW) compared to 2018 (8.5GW), according to the Europe Solar Photovoltaic (PV) Power Market Outlook: 2020 ÷ 2030. Cumulative installed solar capacity in Europe reached 131.9GW by the end of 2019, which is 14 per cent increase compared…
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COVID-19 Impact on the Global Renewable Energy Market Report 2020 – 2025 – Scenarios, Trends, Forecasts

/21st April 2020, 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…
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Renewable Energy Prospects for the European Union

/28th February 2018, RENEWABLE MARKET WATCHTM/. For more than two decades, the European Union (EU) has been at the forefront of global renewable energy deployment. The adoption of long-term targets and supporting policy measures has resulted in strong growth in renewable energy deployment across the region, from a 9% share in gross final energy consumption in 2005 to 16.7% in 2015.
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Challenges about Renewable Energy Deployment in MENA Countries

/11th December 2016, RENEWABLE MARKET WATCHTM/, The MENA region is blessed with all the natural resources necessary for a vibrant renewable energy sector: Lots of sunshine, strong winds and, in a few places, powerful rivers. According to World Bank estimates, the region receives between 22 percent and 26 percent of all solar energy striking the earth. This translates to a potential for solar energy per square kilometre per year equivalent to the energy generated from 1 to 2 million barrels of oil. MENA’s solar potential is considered to be exponentially…
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Overview of the Renewable Energy Market in MENA Countries

/20th September 2016, RENEWABLE MARKET WATCHTM, IRENA, EY/, The renewable energy market in the MENA region is expanding rapidly, with many countries announcing projects and setting policies to promote renewable energy development and a number of initiatives undertaken to facilitate the deployment of renewable energy. According to the IFC, nearly $3 billion were invested in the Middle East and North Africa (MENA) region in 2012, 40 % higher than in 2011 and roughly twice the amount invested in 2010. Growing recognition of these benefits is evident in the increasing amount…
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