The growth was largely driven by technological progress, cost reductions and the development of novel business models such as on-site direct wire mini power purchase agreements (PPAs). According to the report, “European Solar Power Market, Forecast to 2025,”this business model is particularly popular among large-scale solar project developers to overcome regulatory barriers, while fully-automated energy management across all sectors and segments on a local level and peer-to-peer models will facilitate new methods of financing.
