Weak PPAs need more storage and co-location
Photovoltaic systems in Spain generated 7% of their electricity during periods of negative exchange prices last year, compared with 18% in Germany, reported Max von Hausen, Country Lead PPA Transactions Germany at Pexapark. This complicates the conclusion of long-term PPAs and the calculation of contracts.
PPA: Negative electricity prices challenge the energy transition
Negative stock electricity prices put pressure on PPAs, long-term electricity supply contracts, and in important renewable energy markets such as Germany and Spain. As an event in Berlin showed, new approaches are in demand.
Business model under pressure
Last year, photovoltaic systems in Spain generated 7 percent of their electricity at a time of negative stock market prices, in Germany it was 18 percent, reported Max von Hausen, Country Lead PPA Transactions Germany at Pexapark. This makes the conclusion of long-term PPAs as well as the calculation of the contracts. “The structuring of bankable PPAs is becoming more difficult, as market participants have no clarity as to when the negative price hours will decrease again,” said von Hausen.
EDF, Aukera ink solar-BESS PPA
EDF has signed a power purchase agreement (PPA) with Aukera to offtake 100% of the renewable energy generated from a co-located solar and battery storage project in Scotland.
Pexapark acted as commercial advisor to Aukera on the partnership, offering guidance on key structural aspects of the PPA and BESS agreements.
EDF and Aukera sign long-term route-to-market PPA for 84.52MW co-located solar and battery project
EDF has entered into a new partnership with Aukera, a specialist in European renewable investments and development, to provide a long-term route-to-market Power Purchase Agreement (PPA) for 100% of the output from the Benthead Solar Farm, a new-build project co-located with a 31MW battery energy storage system (BESS).
Pexapark, a leading provider of renewable energy PPA benchmark prices, market intelligence, and advisory services, acted as commercial advisor to Aukera on the partnership, offering guidance on key structural aspects of the PPA and BESS agreements.
Belgrade Energy Forum 2025 – 50 speakers at eight panels to track pace of SEE energy transition
Pexapark, a company that provides logistics to businesses in the renewable energy market, is synonymous with PPAs in Europe. Natalija Ljubić is the Manager for PPA and BESS Transactions at Pexapark, which has helped conclude contracts for facilities with a combined capacity exceeding 35 GW.
Pexapark: European BESS marketplace maturing as sophisticated contracts go mainstream
Utility-scale batteries are beginning to “flatten” the renewable energy production curve in parts of Europe, enabled by financial structures such as tolling and floor contracts.
España lidera el mercado de PPAs en Europa con una cuota del 23%
Pepe Zaforteza, regional lead PPA & BESS Transactions, que señala que “los casos de precios negativos vividos este 2024, con varios centenares de horas registradas, ha introducido incertidumbre en el mercado de PPAs para todos los stakeholders –vendedores, offtakers y también financiadores– y el mercado se está reposicionando”.
SAE takes full ownership of BESS project at Uskmouth
Leading BESS power purchase agreement (PPA) commercial advisers, Pexapark AG have been appointed to help with the procurement and negotiations on the PPA Optimisation Agreement.
Existing German offshore wind farm to supply power for green hydrogen production as its subsidies run out
A long-standing German offshore wind farm has signed what’s claimed to be among the first deals of its kind to supply power for green hydrogen production with the support of Pexapark.
Energiekontor and Salzgitter Flachstahl conclude PPAs for two solar park projects
Pexapark supported long-term power supply agreements between EnergieKontor and Salzgitter Flachstahl GmbH for two solar park projects in Mecklenburg-Western Pomerania, Germany.
Salzgitter Flachstahl secures solar power from Energiekontor
Salzgitter AG has signed a contract with the project developer Energiekontor for the long-term supply of electricity from solar energy. The contracts concluded in cooperation with Pexapark.
PPAs für zwei Solarparkprojekte in Mecklenburg-Vorpommern abgeschlossen
PPAs for two solar park projects in Mecklenburg-Western Pomerania concluded.
Masdar Partners with Endesa in €1.7 Billion Renewable Energy Transaction in Spain
Pexapark provided PPA advisory support for Masdar as it partnered with Endesa in €1.7 billion renrewable energy transaction in Spain.
CEE Group and GOLDBECK SOLAR commission 154 megawatt peak solar park in Döllen, Brandenburg
Pexapark markets electricity via a Power Purchase Agreement (PPA) to the utility Engie for 155-megawatt ground-mounted plant “Döllen” commissioned by The CEE group and Goldbeck Solar.
Germany's Largest Solar PPA for 2024 Follows Record Deal Activity in Q1
Pexapark advises on one of the largest Solar PPAs the German market has seen to date, a 12-year, 208 MW PPA signed by Encavis Asset Management with chemicals giant LyondellBasell
Deutschlands größter Solar-PPA für 2024 folgt Rekord-Deal-Aktivität im ersten Quartal – Pexapark
Elisabeth Rabe, Team Lead Investment Structuring, Encavis Asset Management AG, said: “Pexapark’s expertise has been crucial in navigating the growing but complex German renewable energy market.” As Pexapark advises on PPA deal.
Octopus signs German PV PPA
The PPA, closed with the support of the advisory team at Pexapark, will see Octopus supply steel maker Salzgitter with 126GWh of clean electricity generated at the Schiebsdorf solar farm in Brandenburg, Germany, for a period of 10 years.
EWG Taczalin and Respect Energy PPA announcement
According to market intelligence data from Pexapark, whose advisory team supported the transaction, this agreement represents the largest PPA signed with a utility offtaker in Poland over the past two years.
Hybrid power purchase agreements for renewable generation co-located with storage
Jack Rankin, Miguel Valderrama and Brian Knowles of Pexapark explore how hybrid PPAs are becoming a favoured solution for structuring deals that capture the full value of both assets.
Germany – Offshore Wind Farm Powers Green Hydrogen Plant Under Landmark PPA Deal
OWP Butendiek, an offshore wind farm in Germany, has signed a groundbreaking offshore power purchase agreement (PPA) with the support of Pexapark, a software and consulting company specializing in renewable energy.
German offshore wind farm strikes green hydrogen deal as end to subsidies looms
North Sea Butendiek project to deliver power for renewable H2 to unnamed ‘global leader’. Pexapark claimed the hydrogen-making offtake points the way to new secured revenue streams for other projects.