Between 2019 and 2022, the combined capacity for offtake between the different technologies reached a maximum of 1.1GW in 2021 and decreased to 0.9GW in 2022
2023 it registered 3.6GW, 42 PPAs, of capacity
Nearly half of the volume registered in 2023 came from solar PV with 1.8GW and a high interest from customers in securing solar PPAs.
Corporate PPAs – 33 CPPAs for 9 utility PPAs – have been the main driver for the market growth
Corporate Sustainability Reporting Directive (CSRD) coming into force in January 2023
CSRD increased the number of companies in Germany – from 500 to 15,000 – who were required to report on environmental, social and governance aspects (ESG) and increased the pressure to find solutions to decarbonise their operations
structure of solar PPAs signed in 2023 often had a 10-year term and a pay-as-produced (PaP) structure
