Featured in Winter Edition – Gold standard – 12-2023

PPAs offer protection

Europe is witnessing a surge in power purchase agreements (PPAs). Over the past four years, the number of European PPA transactions has trebled. More than 180 deals were signed in 2022 alone and the trend is expected to continue, especially for solar projects, says IB Vogt Power Analyst Sara Fountir Benbrahim.

By

pv magazine

05 Dec 2023

IB Vogt has around 28 GW of renewables capacity under development in Europe. | Photo: IB Vogt

For corporations with sustainability targets, PPAs are an optimal tool to accelerate the transition to clean sources of electricity while ensuring cost stability. Long-term contracts featuring fixed or predictable prices offer a practical solution for raising corporate sustainability and mitigating price volatility.Countries with favorable solar conditions, such as Spain, Italy, Greece, and Poland, have seen …

This article is part of pv+

Subscribe digitally to unlock exclusive investigative reporting, expert insights, in-depth analysis, and premium background coverage. Your subscription also includes full access to the digital edition of our magazine.