Europe's wind-solar rates down 2% in Q4 2023
POWER & RENEWABLE ENERGY

Europe's wind-solar rates down 2% in Q4 2023

The national P25 solar power purchase agreement (PPA) prices in the US in the fourth quarter (Q4) of 2023 rose 3% compared to Q3, while P25 wind prices increased 5%. LevelTen's P25 Price Index represents the 25th percentile PPA prices. All PPA price data in LevelTen's report are based on the prices developers offer for PPA contracts and not the transacted PPA prices.

The reported market-averaged blended index of wind and solar in North America P25 PPA prices were up 4% in Q4 of as compared to Q3, according to a recent report from LevelTen Energy. The report analyses the North American and European markets, revealing dynamic pricing shifts and sheds light on the challenges buyers and developers face.

During the quarter, the market-averaged blended index of wind and solar P25 PPA prices decreased by 2% across Europe. P25 solar prices declined by 3%, and P25 wind prices saw a 1% decrease. The fluctuations in both solar and wind prices were notable across various Independent System Operators (ISOs). Solar P25 prices decreased by 3% in the Electric Reliability Council of Texas (ERCOT) but surged by 15% in California Independent System Operator (CAISO).

The national P25 solar power purchase agreement (PPA) prices in the US in the fourth quarter (Q4) of 2023 rose 3% compared to Q3, while P25 wind prices increased 5%. LevelTen's P25 Price Index represents the 25th percentile PPA prices. All PPA price data in LevelTen's report are based on the prices developers offer for PPA contracts and not the transacted PPA prices. The reported market-averaged blended index of wind and solar in North America P25 PPA prices were up 4% in Q4 of as compared to Q3, according to a recent report from LevelTen Energy. The report analyses the North American and European markets, revealing dynamic pricing shifts and sheds light on the challenges buyers and developers face. During the quarter, the market-averaged blended index of wind and solar P25 PPA prices decreased by 2% across Europe. P25 solar prices declined by 3%, and P25 wind prices saw a 1% decrease. The fluctuations in both solar and wind prices were notable across various Independent System Operators (ISOs). Solar P25 prices decreased by 3% in the Electric Reliability Council of Texas (ERCOT) but surged by 15% in California Independent System Operator (CAISO).

Next Story
Infrastructure Urban

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Next Story
Infrastructure Energy

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

Next Story
Infrastructure Urban

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement