EU PPA market defined by falling prices, corporate demand and political shifts
Two reports published today show the political and corporate factors which have affected Europe’s PPA market over 2024.
Scatec awarded Romania CfD for 190MW solar PV portfolio
Norwegian independent power producer (IPP) Scatec has signed a 15-year Contract for Difference (CfD) in Romania for a solar PV portfolio.
Ib vogt sells 780MW Greek solar, storage portfolio to Faria Renewables
The portfolio comprises 780MWp of solar PV and battery energy storage system (BESS) assets at “various stages of development.”
Northleaf sells 494MW Spanish PV site to China Three Gorges Corporation
The plant, located in the Murcia region of Spain, is one of Europe’s “largest” operational solar PV installations.
Renalfa acquires 258MW Romanian solar project
Renalfa has acquired a 258MW solar project in Teleorman, Romania, which it expects to start commercial operation in 2027.
Emeren signs seven-year PPA for 15MW Polish solar project
The Emeren Group has signed a seven-year power purchase agreement (PPA) for a 15MW solar project in Poland.
Aurora: Negative prices, grids and market saturation remain challenges for European renewable power
Europe will more than triple its renewable power capacity by 2050, but this rate will not be enough to meet climate goals.
Octopus Energy acquires agriPV developer OX2 France
The acquisition is part of the company’s plan to invest over €1 billion (US$1 billion) in French clean energy by the end of 2025.
European prosecutor investigates attempted fraud on solar PV plants in Slovenia
Although the investigation is still ongoing, the allegations are for an attempted fraud involving €340,000 (US$352,000) in European Union (EU) funds.
Transatlantic interconnection could stabilise electricity prices and reduce curtailments – Ember
A transatlantic interconnection between Europe and North America could provide both grids more security and efficiency, according to a report from think tank Ember.
