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Middle East conflict lifting PPA valuations, says Pexapark

Swiss analytics firm Pexapark says the latest developments in the Middle East are having a visible effect on long-term power purchase agreement (PPA) valuation in Europe, as the market begins to reprice the coming years.

Azerbaijan commissions 500 MWh battery storage project

Azerbaijan President Ilham Aliyev has inaugurated a major battery energy storage system (BESS) project as part of a 500 MWh rollout to strengthen grid stability and support renewable energy integration.

BBDF 2026 opening session: optimism, caution, and grid fees

Investors at the Battery Business & Development Forum (BBDF) 2026 signaled continued confidence in the energy storage market, while warning that regulatory uncertainty, particularly around grid fees in Germany, could affect project economics and investment decisions.

TerraSpark, Dcubed to test space solar on SpaceX 2027 mission

Following the closure of its €5.4 million ($6.23 million) pre-seed funding round, Luxembourg’s TerraSpark aims to carry out its first space-to-earth power transmission in 2028 using radio frequency-based wireless energy transmission. The company has also been selected to join Germany’s Dcubed on a mission scheduled for early 2027.

German rooftop PV tender undersubscribed as prices hold

Germany’s Federal Network Agency (Bundesnetzagentur) awarded 155 MW of rooftop PV capacity at an average of €0.0956 ($0.11)/kWh, leaving nearly half of the 283 MW tender volume unallocated.

EU energy regulator opens consultation into PPA market

The European Union Agency for Cooperation of Energy Regulators (ACER) is running a public consultation on the evolution of the bloc’s power purchase agreement (PPA) market to identify existing initiatives and challenges.

Philippines accelerates grid entry for 1.28 GW of solar

The Department of Energy of the Philippines says it is fast tracking 12 solar projects for grid entry in April in response to changes in the global oil markets caused by conflict in the Middle East.

Italy, Spain set solar records in March

AleaSoft Energy Forecasting finds the weekly average electricity price fell across most major European markets last week as gas prices dropped. Solar energy production increased in southern Europe, helping Portugal and Spain to record their lowest daily average prices since 2024 and 2013 respectively.

Italy targets 16 GWh storage auction under MACSE scheme

Italy’s energy regulator ARERA has approved a proposal from the Ministry of the Environment and Energy Security to target 16 GWh of storage capacity in the 2029 MACSE auction, while urging caution on final volumes to reflect existing pipeline capacity.

Bhutan opens rooftop, ground-mounted solar tender

Bhutan is seeking expressions of interest from private sector players interested in developing solar projects under a build-own-operate basis. The first deadline to register interest is April 30. 

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