renewable energy sources (RES)

/BELGRADE, SERBIA, February 21, 2025, 10:00 CET, GGF, RENEWABLE MARKET WATCHTM/ In the second round of auctions for the allocation of market premiums for renewable energy projects (RES) announced by the Ministry of Mining and Energy in November 2024, investors applied for 41 projects. The offered quota of 424.8 MW for solar and wind power plants was significantly exceeded. The total capacity of the power plants that received incentives is 645 MW, and the total planned investment value is 782 million euros.

/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…

/SOFIA, April 19, 2024, 16:00 BST, RENEWABLE MARKET WATCHTM/ RE-Source Southeast, the largest event dedicated to corporate renewable energy sourcing in Southeast Europe, will be held for the 4th time in Sofia, Bulgaria. It brings together industrial and corporate consumers, project developers, electricity traders and renewable power producers.

/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…

/BERLIN, November 20, 2023, 9:00 CET, RENEWABLE MARKET WATCHTM/ Launched under the German G20 Presidency in 2017, the G20 Compact with Africa (CwA) has established itself as the key format for dialogue and cooperation between reform-oriented African countries, G20 partners and beyond. Backed by continued support from G20 Leaders and International Organisations, the Compact is firmly anchored in the G20 Finance Track with the Africa Advisory Group under South African-German Co-Chairmanship as its steering body. The CwA contributes to attracting increased private investment in the Compact countries through substantial improvements in the macro, business and financing frameworks.…

/LONDON, September 25, 2023, 8:30 BST, RENEWABLE MARKET WATCHTM/ The current levels of dependence on fossil fuels, the need to reduce 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. EU energy ministers agreed at the end of November 2022 on the content of a Council Regulation for a temporary framework to accelerate the permit-granting process and the deployment of renewable energy projects. Reduction of permitting burden shall contribute to corporate PPAs,…

/LONDON, September 5, 2023, 9:00 BST, RENEWABLE MARKET WATCHTM/ The growth of the European solar power market in 2022 has exceeded all expectations. The cumulative installed solar photovoltaic (PV) capacity in Europe reached 244.3GW at the end of 2022, which is an almost 23 per cent increase compared to 198.8GW at the end of 2021, according to the recently published study Europe Solar Photovoltaic (PV) Power Market Outlook 2023 ÷ 2032. Germany was the largest market in 2022, adding 7.9 GW of new capacity, followed by Spain (7.5 GW), Poland (4.9…