European solar buyers report increased optimism despite module price variations
Europe’s solar buyers are showing increased optimism for the sector, in spite of fluctuations in module prices across technologies.
Europe’s solar buyers are showing increased optimism for the sector, in spite of fluctuations in module prices across technologies.
Ellomay Capital has closed financing for a 198MW portfolio of solar assets it plans to build and operate in Italy.
Germany-based renewables developer Uniper has started the construction phase on several solar PV projects in Hungary, Germany and the UK.
Offtakers signed 25 power purchase agreements (PPAs) in Europe in January 2025, for a total of 790MW of electricity generation capacity.
The company increased its shareholding from 49% to 65% through an agreed capital increase and assumes the role of majority shareholder.
The commercial and industrial (C&I) segment represented the bulk of additions in 2024 with 1,085MW, while residential solar added 346MW.
Auction prices awarded ranged from €0.0388/kWh to €0.0495/kWh, with an average volume-weighted price awarded at €0.0476/kWh.
Solar module prices in Europe have risen after months of decline, driven by price increases from Chinese manufacturers and a tight supply of popular modules in the European market.
Photon signed the contract with EDP Renováveis (EDPR), the Portuguese energy utility and project developer.
French energy giant EDF Renewables has closed its solar manufacturing subsidiary Photowatt, located in eastern France.