📊 Enerdatics data reveals nearly 6 GW of corporate PPAs in Europe so far this year.
Germany Takes the Lead: 1.5 GW of PPA activity, driven by industrial sectors and stabilized power prices, facilitating smoother negotiations between suppliers and off-takers.
Spain Close Behind: 1.1 GW of PPAs, dominated by technology firms sourcing energy for their power-hungry data centers. Tech giants like Microsoft, Amazon, and Oracle have committed over $25bn for new data centers this year.
📈 Rising Markets: Sweden, Netherlands, France, Denmark, and Greece are also seeing increased PPA activity.
💡 Recent Deal Highlight: EDP Renewables announced a 176 MWp multi-geographic PPA with a major US tech company. EDP will supply power across Germany, France, and Italy, commencing in 2025.
Stay tuned for more insights on Europe’s thriving corporate PPA landscape!
The above analysis is proprietary to Enerdatics’ energy analytics team, based on the current understanding of the available data. The information is subject to change and should not be taken to constitute professional advice or a recommendation.
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