[SMM PV News] EU Auctions and PPAs Drive 92 GW from 2022-2025

Published: Mar 12, 2026 15:02
European solar auctions and corporate PPAs added 92 GW of new capacity between 2022 and 2025, according to SolarPower Europe. After earlier struggles, auction-driven deployment rebounded to a record 25.2 GW in 2025, a 23% year-on-year increase. Meanwhile, corporate PPAs saw mixed results across the continent—dropping 56% in Germany but remaining strong in Spain, Italy, and Poland. Despite utility-scale growth, total EU solar installations in 2025 experienced a slight 0.7% decline to 65.1 GW. This marks the first annual drop since 2016, driven primarily by softened residential demand. With total capacity now at 406 GW, industry reports warn that reaching the bloc's 750 GW target by 2030 will require renewed policy support to address 'persistent inefficiencies' in auction designs.

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European solar auctions and corporate PPAs added 92 GW of new capacity - Shanghai Metals Market (SMM)