More power purchase agreements (PPA) were signed last year, although contracted PPA volumes dropped by more than 20%, according to the European PPA Market Outlook 2023 conducted by Pexapark.
Microinverter supplier Enphase Energy plans to add a quarterly capacity of 4.5 million microinverters in 2023 and reach ten million by the end of the year.
High development costs and an unstable regulatory environment have increased average solar power purchase agreement (PPA) prices in Europe to a new high of €76.84 (US$82.4)/MWh in Q4 2022.
The considerable expansion of Poland’s solar PV market looks set to continue, with interconnection issues standing as the only impediment to growth, according to panellists speaking at the Solar Finance & Investment Europe 2023 conference.
Solar electricity generation in the EU grew significantly last year thanks to a rise in adoption in major countries, according to a study conducted by energy think tank Ember.
Renewables developer Fotowatio Renewable Ventures (FRV) has declared its entry into the German market, opening its first German office in Munich in December and expressing the intention to develop 2GW of solar and energy storage assets in the next four years.
