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European PPA offer prices up 10%-15% in Q1 2022 as cost pressures rise

April 29, 2022 Comments Off

First quarter 2022 offer prices in Europe’s Power Purchase Agreement markets rose by 10%-15% depending on project location, reflecting rising commodity and raw material costs, according to the latest data from climate tech platform Zeigo. This was unsurprising given the previous period of relative stability in PPA price and the recent geopolitical events, said Freddie Lyons, Zeigo’s Head of Energy…