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Regional Updates
Energy agency urges new German government to unleash potential of renewable power PPAs
Germany's national energy agency dena calls for expanding power purchase agreements (PPAs) to accelerate renewable energy transition. PPAs could provide businesses with planning security, reduce state costs, and help companies meet climate targets. The agency recommends improving market design, increasing transparency, and creating state guarantees to minimize investor risks and make PPAs more accessible to smaller businesses.
New Study: Market Values for Wind Energy and Photovoltaics to Decline Significantly by 2028
A study by Enervis for Node.energy predicts market values for onshore wind and photovoltaic systems will drop dramatically by 2028, with wind energy declining nearly 25% to around 56 €/MWh and solar to around 37 €/MWh. Key drivers include falling forward market prices and rapid renewable energy expansion causing market cannibalization. Storage expansion is not expected to stabilize prices before 2028. Node.energy recommends operators secure current price levels through Power Purchase Agreements (PPAs) and consider co-location storage to mitigate value decline.
Early 2025 sees fossil sources top renewables in German power mix for first time in two years
Germany's electricity grid saw fossil fuels surpass renewables in the first quarter of 2025, with fossil sources accounting for 50.5% of the 119.4 billion kilowatt hours generated. Renewable energy output decreased by 17%, primarily due to a 29.2% drop in wind power generation. Natural gas and coal-fired electricity production increased, rising 27.5% and 15.3% respectively, while solar PV installations saw a 24.2% output increase.
Econergy erwirbt zwei Batteriespeicher mit 200 Megawattstunden in Deutschland
Israeli renewable energy company Econergy has entered the German market by acquiring two battery storage projects in Brandenburg with 100 MW total capacity and 200 MWh storage. The company invested approximately €73 million, with planned construction starting in late 2025 and commercial operations expected in Q1 2027. Econergy currently has a growing pipeline of around 4 GW in storage projects and over 14 GW total project pipeline across multiple European countries.
Renewable power industry welcomes first draft for design of Germany's 500-billion euro fund
Germany's renewable energy industry cautiously welcomed the draft design of a 500-billion euro special infrastructure and climate neutrality fund. Industry leaders like Simone Peter from the Renewable Energy Federation (BEE) noted the draft sends an important investment signal but lacks clarity on key aspects of fund distribution. The fund aims to support Germany's net-zero emissions goal by 2045, with one-fifth earmarked for climate and transformation efforts. Experts emphasized the need for clear definitions, targeted investments, and a modern understanding of economic viability to ensure effective spending across energy infrastructure, municipal heating decarbonization, and key green industries.
Photovoltaik-Freiflächenanlagen in Österreich hinken weiter hinterher
Despite designated zones for photovoltaic ground-mounted systems in Lower Austria and Styria, these areas remain largely unused due to missing grid connection options and municipal land designation challenges. PV Austria calls for a unified, nationwide regulation in the long-overdue Renewable Energy Expansion Acceleration Act, highlighting that only 6 solar parks exist in Styria and 8 in Lower Austria, compared to 336 and 116 designated priority zones respectively. The organization criticizes the government's first 100 days, noting a 26% decline in new photovoltaic system installations and arguing that renewable energy is an economic necessity for maintaining competitiveness and creating jobs.
Marktwert Solar sinkt unter 2 Cent im Mai
Solar market value dropped to 1.997 cents per kilowatt-hour in May, the lowest level since May 2020. Wind onshore and offshore market values also declined, with electricity spot market prices falling to 6.734 cents per kilowatt-hour. Federal budget payments of 1.627 billion euros helped stabilize the EEG account, with the surplus halved since the beginning of the year. Negative electricity prices occurred during 129 hours in May, primarily during late morning and afternoon periods.
Germany gets two bids in 1 GW offshore wind tender
Germany's Federal Network Agency received two bids for a 1 GW offshore wind site in the North Sea, with both bidders offering zero cents per kilowatt hour. The N-9.4 site will require the winner to independently conduct marine environment investigations, with the project expected to come online in 2032. Two additional North Sea sites (N-10.1 and N-10.2) covering 182 square kilometres will be tendered later in 2025.
Poland to Launch 4 GW Offshore Wind Auction in December, Bałtyk 1 Project Makes Early Move
Poland will hold its first offshore wind farm auction on 17 December 2025, with a maximum capacity of 4 GW. Equinor and Polenergia have submitted a pre-qualification application for the Bałtyk 1 project, which could generate up to 1,560 MW and power two million households. Located 81 kilometers from the coast, the project has received environmental approvals and a grid connection agreement. This auction is part of Poland's broader offshore wind development strategy, with Equinor and Polenergia already developing three projects totaling 3 GW of capacity.
EDP secures land for 219 MW wind project in Germany
Portuguese electric utility EDP has secured land rights for a 219 MW wind project in Lower Saxony, Germany, through a digital marketplace auction. The Uelzen-Suderburg project will involve up to 38 wind turbines and is expected to generate over 475 GWh of clean energy annually, sufficient to power nearly 150,000 households. This marks EDP's debut in the German wind power sector and represents a strategic expansion of their renewable energy presence in the country.
Giant offshore wind farms in Poland secure NIB finance
The Nordic Investment Bank (NIB) will provide two 26-year loans totaling 126 million euros for the construction of Bałtyk 2 and Bałtyk 3 offshore wind farms in Poland. Each wind farm will have a 720 MW capacity, featuring 100 wind turbines and generating over 4,900 GWh annually. Located 22-37 kilometers off the coast, the projects are jointly developed by Norway's Equinor Wind Power and Poland's Polenergia, supported by the InvestEU programme to accelerate Poland's energy transition and enhance regional electricity market resilience.
Global Roundup
(Stories relevant to multiple regions)Comienzan las obras de la línea subterránea de la interconexión con Francia por el Golfo de Bizkaia
Red Eléctrica has initiated the land section of a new electrical interconnection with France through the Gulf of Bizkaia, involving a 13-kilometer underground route from Gatika to the sea. The project will connect Spanish and French electrical systems through two 400 kV links, with an entirely underground and submarine path that minimizes environmental impact. The interconnection will double electricity exchange capacity between countries to 5,000 MW and is a strategic European project co-financed by the European Union.
Japan's Daiwa invests in Enfinity Global battery storage projects in US, Europe
Daiwa Energy & Infrastructure has acquired a 49% equity stake in two large-scale battery storage projects from Enfinity Global: a 250MW/500MWh battery system in Texas and a 130MW/520MWh project in Italy. The Texas project is scheduled for commercial operation in Q4 2026, while the Italian project is set for Q4 2027. This investment aligns with Daiwa's strategy of directly investing in battery storage, renewable energy, and infrastructure projects.
Barriers to investment must be broken to accelerate electrification, decarbonisation and competitiveness
The EU is focusing on breaking investment barriers to accelerate electrification and decarbonization, with key challenges including slow permitting processes and high electricity prices. EU officials emphasize the need for faster renewable energy adoption, grid modernization, and creating an attractive investment environment. The European electricity sector seeks to reduce dependency on fossil fuels, improve energy security, and boost industrial competitiveness by attracting more investment capital and streamlining project approvals.
Nadia Calviño Announces Agreement to Boost Interconnection Between Spain and France
European Investment Bank President Nadia Calviño revealed an imminent agreement to enhance electrical interconnection between Spain and France, set to be finalized in the coming weeks. The interconnection is considered a long-pending task that will significantly impact energy integration, particularly in light of the recent power outage on April 28. Spain and Portugal have urged France to establish concrete timelines and binding commitments for electrical corridor connections.