In May-July 2022, specialists of Avenston Group conducted an in-depth analytical study of the current state and development prospects of the solar energy market for Europe, North Africa and the Middle East. This work was carried out as part of a consulting agreement with the customer and aimed at identifying the most attractive markets for further investment over the next 6-18 months.
As part of the study, investment opportunities for utility-scale solar power projects in selected countries were carefully examined according to the following set of criteria:
As a result, we have identified several general trends that are true for most of the countries under consideration. Among other things, it can be concluded that in the face of declining costs of technology and equipment, as well as a sharp increase in energy prices for end consumers, direct electricity purchase agreements between producers and consumers of electricity are becoming increasingly popular.