European offtakers sign deals for 62% less renewable capacity in January
Offtakers signed 25 power purchase agreements (PPAs) in Europe in January 2025, for a total of 790MW of electricity generation capacity.
Energy Infrastructure Partners acquires majority stake in BayWa r.e.
The company increased its shareholding from 49% to 65% through an agreed capital increase and assumes the role of majority shareholder.
Photon Energy to manage 101MW Hungarian PV
Photon signed the contract with EDP Renováveis (EDPR), the Portuguese energy utility and project developer.
Amazon, Iberdrola ink 476MW solar PV and wind PPAs in Spain and Portugal
The deal will see Amazon buying 212MW of solar PV and 254MW of wind power from Iberdrola across Spain and Portugal
EDF Renewables shuts down French PV manufacturer Photowatt
French energy giant EDF Renewables has closed its solar manufacturing subsidiary Photowatt, located in eastern France.
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.
Brite Solar commissions 150MW agriPV module manufacturing plant in Greece
Brite Solar has commissioned a 150MW transparent module manufacturing plant in Greece that will produce modules for the agriPV sector.
Spain adds 1.4GW of self-consumption PV in 2024
The commercial and industrial (C&I) segment represented the bulk of additions in 2024 with 1,085MW, while residential solar added 346MW.
Germany’s latest PV tender registers lowest prices since 2019
Auction prices awarded ranged from €0.0388/kWh to €0.0495/kWh, with an average volume-weighted price awarded at €0.0476/kWh.
X-Elio signs 245GWh virtual PPA with pharmaceutical decarbonisation group
The deal was signed with the Energize programme, a renewable energy purchasing vehicle for pharmeceutical companies.
