Spanish renewables developer Zelestra has secured €146.6 million ($164 million) in funding to develop a solar PV portfolio totalling 237 MW in Castilla-La Mancha, Spain.
The average value of a solar PPA signed in Europe in the first quarter of 2025 was just 1.3% higher than in the previous quarter, according to LevelTen.
The global solar market will continue to slow in 2025 after 2024 saw the total capacity growth rate decrease by over 50%, according to a report from SolarPower Europe (SPE).