Amazon cemented its position as a top corporate offtaker of Power Purchase Agreements (PPAs) in Europe as it contracted over 1 GW of renewable capacity in February 2025.
Other offtakers were also betting on long-term price security with 11 out of 27 reported deals signed for 10 years or longer, including a solar PPA in the UK with a tenure of 40 years.
Wholesale market overview Wholesale electricity prices rose in February 2025 both month on month and year on year across Europe, driven by high winter demand, drop in renewable generation (mainly onshore wind) and bullish gas prices. In Germany, the …
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