Western Balkans

/28th January 2021, Vanora Bennett, EBRD, RENEWABLE MARKET WATCHTM/ The Organisations behind the Platform Initiative in Support of Coal Regions in Transition in Western Balkans and Ukraine agreed to join efforts to support the transition away from coal and towards a low-carbon and climate-resilient future in the Western Balkans and Ukraine. Participants including the European Bank for Reconstruction and Development (EBRD),World Bank Group, the College of Europe (Natolin campus), the Energy Community Secretariat, the European Commission and the government of Poland kicked off discussions on how to support the regions in phasing out…

/18th January 2021, RENEWABLE MARKET WATCHTM/ Bulgarian Commission on Protection of Competition Approved the Acquisition of 42 MW Wind Farm of MET Group from Enel Green Power. The Swiss-based MET Renewables Holding AG has notified the Commission for Protection of Competition in Bulgaria of its intention to acquire sole direct control over Enel Green Power Bulgaria EAD. The parent company is a subsidiary of the Italian Enel Green Power, which is part of the Enel Group and its activities are related to the management of 42 MW wind farm consisting of two…

/5th January 2021, RENEWABLE MARKET WATCHTM/ This market report offer an incisive and reliable overview of the solar photovoltaic power sector of Western Balkan countries for the period 2020 ÷ 2030. Newly installed PV capacity in this region will exceed several GWs in the next 5 years. The number of fully permitted and ready to build projects is promptly increasing. The rooftop solar PV market segment in many countries is not developed and is forecasted to score significant growth soon. All the Western Balkan countries have committed to increasing their share…

/28th December 2020, RENEWABLE MARKET WATCHTM/ The Swiss-based MET Renewables Holding AG has notified the Commission for Protection of Competition in Bulgaria of its intention to acquire sole direct control over Enel Green Power Bulgaria EAD. The parent company is a subsidiary of the Italian Enel Green Power, which is part of the Enel Group and its activities are related to the management of 42 MW wind farm consisting of two sites with a total number of 14 wind turbines, all in Northeastern Bulgaria. The buyer, MET Renewables Holding AG is…

/23rd December 2020, RENEWABLE MARKET WATCHTM/ The global energy system is undergoing rapid transformation. With the 2030 Sustainable Development Goals and the Paris Climate Agreement serves as inspiration, countries, cities, and corporations worldwide continue to take meaningful action on renewable energy development. 2019 was another historic year for the global renewable power sector mix over the past year. Renewable energy sources have continued to dominate new additions to the world’s power generation over the past year. Renewable capacity reached 2,537GW globally by the end of 2019, up 176GW from the previous…

/18th December 2020, RENEWABLE MARKET WATCHTM/ Solar photovoltaic (PV) power in the European Union had a strong performance in 2020 despite the negative health, social and economic effects of the COVID-19 (Coronavirus) pandemic, revealed the recent update of Europe Solar Photovoltaic (PV) Power Market Outlook: 2020 ÷ 2030.  The EU member states installed 18.2GW of solar power capacity in 2020, an 11% improvement over the 16.2GW deployed in the previous year, according to the recently released report EU Market Outlook for SolarPower 2020-2024 by SolarPower Europe. With minimal solar power installation…

/5th October 2020, RENEWABLE MARKET WATCHTM/ These market reports offer an incisive and reliable overview of the solar photovoltaic and wind power sectors of Western Balkan countries for the period 2020 ÷ 2030. Newly installed PV capacity and wind capacity in this region will exceed several GWs in the next 5 years. The number of fully permitted and ready to build projects is promptly increasing. The rooftop solar PV market segment in many countries is not developed and is forecasted to score significant growth soon. The small wind market segment for turbines…

/1st October 2020, EBRD, RENEWABLE MARKET WATCHTM/ The EU has one of the most ambitious energy and climate policies in the world. Its clean energy transition is well underway. "I am glad that benefits already can be seen in terms of "greening" of economies, less dependency on imported fuels, and greater domestic investments in ecologically sound approaches", said Christian Danielsson, Director General for European Neighbourhood Policy and Enlargement Negotiations. 

/18th May 2020, RENEWABLE MARKET WATCHTM/ Romania had the cumulative installed capacity of 1,390 MW (1.39 GW) as of 1st January 2020, according to the recently published report Romania Solar Photovoltaic (PV) Power Market Outlook: 2020 ÷ 2030. The photovoltaic development in Romania was started with small scale photovoltaic installations below 30 KW in 2006. Contrary to the rapid expansion of the wind market in Romania, the photovoltaic power capacity remained relatively unchanged by the end of 2011. After that, Romania was an emerging market for photovoltaic energy investments amongst SEE countries…