EnergyWatch

PPA market set record in 2020

2020 saw the clear majority of power purchase agreements signed for projects in Spain, reveals new report.

Photo: Philimon Bulawayo/REUTERS / X02381

The European market for power purchase agreements (PPAs) was greatly impacted by the coronavirus upon its arrival, shows a new report by Pexapark.

In the months March-June, only 14 PPAs were signed in Europe for a combined capacity of 664 MW, mainly due to the lockdowns seen across countries in the attempt to curb the contagion.

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