As European power markets consolidate and become more competitive, the increasing frequency of negative capture prices is challenging the viability of renewable energy projects.
US energy utility AES has signed two long-term power purchase agreements (PPAs) with technology giant Meta for two solar PV projects in the US states of Texas and Kansas.
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.
