Europe’s renewable PPA prices fell 5% in Q1
Energy consultancy LevelTen says that solar power purchase agreement (PPA) prices fell 5.9% in the first quarter of 2024, with decreases recorded in all analyzed countries except for Romania. It attributes the decline to lower wholesale electricity prices and a fall in solar module prices.
New platform centralizes PPA market data
LevelTen Energy, a renewables transaction infrastructure company, has launched a new platform to simplify and accelerate power purchase agreement market analysis. The new platform, MarketPulse, provides 24/7 access to PPA price data, renewable energy project data, and analytics.
US solar PPA prices may continue to rise until new supply chains emerge
Prices for power purchase agreements have been rising steadily since the end of last year. According to solar developers, interconnection delays, permitting challenges, and supply chain constraints are likely to keep them high.
EU Commission suggests renewable energy PPAs can combat skyrocketing energy prices
The situation in the energy markets is tense. Following national pushes for action, the European Commission has now announced its set of recommendations to combat rocketing energy prices.
Average PPA prices rose in US market in 2020
For the first time since LevelTen Energy began tracking the U.S. market, solar power purchase agreement offer prices rose in 2020, with fourth-quarter prices 11.5% higher than a year earlier.
End of subsidies could fuel the corporate PPA boom in Europe
Pioneering solar projects which signed ten-year feed-in tariff agreements will soon need to operate free of subsidy and with local authorities like the City of London starting to embrace direct contracts with renewables generators, the PPA market could be set for another turbo charge.
LevelTen Energy opens procurement of up to 500 MW of European renewables capacity
U.S.-based tender platform has invited proposals for projects ranging in scale from 50-500 MW on behalf of an unnamed client which is a member of the RE100 clean energy campaign. European developers have until July 20 to lodge their bids.
US corporate clean energy procurement platform opens in Europe
LevelTen claims its online platform offers small companies the chance to band together to buy green energy and connects renewable energy producers and consumers in such an effective manner it has already driven $1 billion of green energy supply in its homeland.
