Since 2018, LevelTen Energy has been publishing its quarterly PPA Price Index report, the renewable energy industry’s only source of data on real power purchase agreement (PPA) price offers updated within the last 90 days. The report helps clean energy buyers, sellers, advisors and investors understand price trends, benchmark deals, and prepare for what’s ahead.
Overall, the Q1 2024 North American report shows power purchase agreement (PPA) prices are continuing to stabilize. This quarter, the North American P25 solar PPA declined by 1.5% due to lower natural gas prices from the mild winter and abundant solar panels. While Wind P25 PPA prices in increased by 2.4%, driven by the availability and pricing of turbines which still remains a challenge for developers
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