large scale solar europe

Portugal has updated its national energy and climate plan (NECP) and targets an installed capacity of 20.4GW of solar PV by 2030.

Renewable energy asset manager Luxcara has signed a 300MWp of installed capacity power purchase agreement (PPA) with tech company Meta, formerly Facebook, in Denmark which it claims is the largest ever solar PPA in the country.

Norwegian energy company Equinor has secured a 1.6GW solar project pipeline in Poland by acquiring local renewables developer Wento.

While recent solar auctions in Spain and Portugal have made headlines with low prices and high levels of participation, the power purchase agreement market will be key to helping both countries reach their 2030 solar deployment targets, it was suggested during a panel discussion.

Europe’s power networks need to embrace flexibility and whole systems approaches on much larger scales if they are to be capable of accommodating the levels of renewable power necessary to hit 2030 targets.