Pexapark has released the Euro Composite index, which averages the prices of PPAs in different technologies and geographies for July. PPA prices rose by 0.8% month on month to €55.30 ($60.70)/MWh.
Poland experienced the largest increase in prices at 7.7%, followed by France, Germany, and the Netherlands. The largest decline in prices was recorded for Sweden, followed by Italy, Spain, and the United Kingdom.
Developers announced new PPAs for 1,145 MW of combined capacity in July, up 64% from June – the month with the lowest number of agreements so far this year.
Solar PPAs were by far the largest technology segment in July, with more than 960 MW in 15 deals, followed by 175 MW of onshore wind capacity in six deals.
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