Current State of the Commonwealth of Independent States (CIS) Solar Photovoltaic (PV) Power Market 

 

/9th October 2017, by Renewable Market Watch™/

 

Most of the Commonwealth of Independent States (CIS) continue to progress in increasing renewable energy use and improving energy efficiency. This progress includes creating the necessary regulatory frameworks and adopting targets, policies and regulations. Governments in the region share a variety of energy challenges, which could become drivers for renewable energy deployment as the countries embrace a more active approach through renewable energy policies.

The number of countries in the CIS region with policies relevant to renewable energy and energy efficiency has increased since 2015. Overall the region continues to adopt new policy measures that help to remove barriers for development, attract investment, foster energy security and increase the flexibility of power systems.

Support policies for renewable energy and energy efficiency received increased attention during 2015 and 2016, due in part to the global pressure to mitigate global climate change in advance of and following the December 2015 Paris climate talks. All countries in the region submitted their Intended Nationally Determined Contributions (INDCs) in preparation for the event. Since then, six countries have submitted their Nationally Determined Contributions (NDCs) as a step towards officially joining the Paris Agreement. Furthermore, National Renewable Energy Action Plans and obligations under the Energy Community continued to drive legislative changes in renewable energy in South East Europe. In 2016 Georgia began finalising the process

Solar photovoltaics (PV) continued to grow in the CIS region, increasing by 268.5 MW during 2015 and 2016 to bring the total regional installed capacity to 1.2 GW. This growth is based on capacity additions in the Russian Federation (104.8 MW), Ukraine (62 MW), Kazakhstan (52.3 MW), Azerbaijan (27.1 MW) and the rest countries from CIS region. Kazakhstan is the only country with local capacity for producing solar PV modules. Uzbekistan has established several joint ventures to develop new solar PV manufacturing capacities, and Turkmenistan announced that it is soliciting commercial proposals.

 

Renewable Market Watch™ published the new report Commonwealth of Independent States (CIS) Solar Photovoltaic (PV) Market Outlook 2017÷2026. The aim of this multi-country study is to identify opportunities for investments in the solar power sector of CIS region. 

The more information about solar PV market in the CIS region, including full contact details of solar project owners and developers you may read here: Commonwealth of Independent States (CIS) Solar Photovoltaic (PV) Market Outlook 2017÷2026 

For better understanding about benefits from using our reports you may read here: Benefit List - Reports of Renewable Market Watch 

About Renewable Market Watch™

Renewable Market Watch™ is delivering strategic insight about emerging renewable energy markets through its experienced research team and cutting edge predictive analytics data platform. We partner with our customers to provide research, data and consulting reports in areas appropriate to their specific requirements. Our primary focus is emerging renewable energy markets of the Asia Countries, Balkan countries, Central and Eastern Europe, CIS states (former Soviet union), LATAM countries and MENA countries. For more information about Renewable Market Watch™ please visit:
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