Research

April 2026 Spain Solar Forecast update: Reduced standalone solar buildout

Forecast Updates

4 min

April 2026 Spain Solar Forecast update: Reduced standalone solar buildout

Modo Energy's April 2026 release reframes Spain's solar trajectory. Updated historical capacity from REE lifts the 2026 starting point by 11 GW, but lower capture prices halt new utility-scale buildout from 2027 to 2033. A new low scenario reduces long-term capture prices to a €27-30/MWh range, on lower gas and carbon assumptions.

04 May 2026

European solar: Italy's capture price hits €125/MWh in March 2026

Market updates

9 min

European solar: Italy's capture price hits €125/MWh in March 2026

Most European countries showed higher peak prices in March, but only Italy showed higher solar capture prices. Why is Italy so shielded from solar cannibalisation?

16 Apr 2026

European solar: Spanish capture rate falls to 9% in February

Market updates

9 min

European solar: Spanish capture rate falls to 9% in February

As Europe adds more PV capacity, solar is cannibalising its own value. Capture rates kept falling in February, with Spain seeing an extreme month of low capture rates. At the same time, countries like Italy remain largely shielded from cannibalisation so far.

26 Mar 2026

What higher European gas prices mean for BESS revenues and investments

Market updates

10 min

What higher European gas prices mean for BESS revenues and investments

Gas prices jumped 50% in two days. Battery revenues are up - but the investment case for new projects just got harder.

05 Mar 2026

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