Europe

Speakers at LSSEU in Lisbon said that underperformance is a "massive" problem in the PV industry, which can be solved with "good data".

Providing transparent data on grid capacity and connection requests has become “critical” to identifying bottlenecks as grid congestion becomes an increasing impediment to new renewable energy projects.

Europe saw a 4% month-on-month decline in number of power purchase agreements (PPAs) signed in February 2025, according to Pexapark.

The IPP has a renewables portfolio of 1.9GW solar, wind and energy storage capacity operational or under construction.

Speakers at the Large Scale Solar Europe event in Lisbon discussed the future of Europe's PV market and ongoing economic shifts.

The German auction for solar installations on buildings and noise barriers once again ended up oversubscribed, this time by 1.2 times.

This would be treble the installations registered globally in 2024, with China controlling most of the supply chain.

The world added 553GW of new solar capacity in 2024, although renewable power accounts for a fraction of the world’s electricity generation.

Through the joint venture, Italian Renewable Platform, the partnership aims to own, develop, build and operate up to 250MW of renewable energy projects in Italy, including a portfolio of solar PV projects.

The European Commission, along with the private partners, target to invest up to €240 million (US$260 million) each until 2030.