From pv journal in Spain

Pexapark, a Swiss consultancy, stated in its April month-to-month report that electrical energy markets at the moment are recovering, following a sequence of uncontrollable occasions affecting the European power business.

On the value entrance, the Pexa Euro Composite Index fell 2.5% month-on-month because of decrease electrical energy and uncooked materials costs. The Netherlands skilled the most important lower of 9.5% to €56.72/MWh, whereas Spain and Portugal noticed 6.4% and 6.2% respectively, reaching €40.90/MWh and €39.60/MWh.

Nevertheless, costs in the UK rose by 3.5% to €82.29/MWh in April, and Scandinavian international locations rose by 1% to €50/MWh, whereas Italy noticed a 0.7% enhance to € 75.60/MWh.

After a powerful first quarter of 2023, PPA exercise slowed in April, with 16 bulletins totaling roughly 922 MW, a 55% lower in comparison with March. This represents the bottom month-to-month capability since final September, with eight fewer agreements registered, representing a lower of 33%.

pv journal print version

Within the newest difficulty of pv journal we’ll shift the highlight to European photo voltaic with a complete assessment of the state of the PV business throughout the area’s predominant markets and a take a look at laws aimed toward driving a photo voltaic rooftop growth. We additionally discover the issue of building a photo voltaic panel recycling business in Australia, the place business gossip will not be serving to issues.

This month’s notable deal concerned Statkraft’s acquisition of NextEnergy’s 210 MW Portuguese photo voltaic portfolio, ensuing within the buy of 341 GWh per 12 months.

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