February was “a month to recollect within the European PPA market,” in keeping with Swiss consulting agency Pexapark, which studies that buyers on the continent signed 54 PPA for 3,046 MW of capability.
The most important purchaser in February was Google with 728 MW, whereas utilities have been solely concerned in 4 of the agreements that have been made public, for a complete of 557 MW.
The month’s initiatives span 14 European international locations, with Spain main in quantity with 562 MW in six offers, whereas Germany led within the whole variety of agreements with 13 PPAs, or 502 MW. Poland and Italy additionally stood out, with eight and 5 agreements, respectively. Slovakia additionally introduced its first PPA, adopted by Estonia.
In Germany, metal firm Salzgitter Flachstahl signed a PPA with Octopus Renewables for a 122 MW photo voltaic park that may start producing electrical energy in January 2025, with a period of 10 years.
In Slovakia, the Šariš brewery signed a cope with Enery, an unbiased power provider in Austria, for a newly constructed 6.3 MW photo voltaic park in Iliašovce. It’s scheduled for completion within the subsequent six months.
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