RTB Solar PV Valuations in Western Europe in 2024 - Analysis & Trends

As the renewable energy sector continues to evolve, understanding asset valuations is crucial for investors, developers, and advisors in the industry. This article provides a comprehensive analysis of Ready-to-Build (RTB) solar PV valuations in Western Europe for the first half of 2024, based on proprietary data from PF Nexus, the leading renewable energy asset marketplace.

Our analysis reveals significant variations in RTB solar PV valuations across Western European countries in H1 2024:

• France leads the region with the highest average valuation of €157,500/MWp
• The UK follows closely at €140,000/MWp
• Ireland shows strong potential with an average of €130,000/MWp
• Germany, while still robust, has a slightly lower average at €119,100/MWp

These figures, derived from real transaction data on the PF Nexus platform, offer valuable insights into the current state of the Western European solar market.

France demonstrates the highest valuation range in Western Europe, with:

• Low: €90,000/MWp
• Average: €157,500/MWp
• High: €250,000/MWp

The substantial gap between buy-side and sell-side expectations (35.96%) indicates a dynamic market with potential for negotiation.

The UK market shows strong valuations and the widest range:

• Low: €70,200/MWp
• Average: €140,000/MWp
• High: €234,000/MWp

With a significant 115.32% gap between buy-side and sell-side expectations, the UK market appears highly competitive.

Ireland presents attractive valuations:

• Low: €60,000/MWp
• Average: €130,000/MWp
• High: €200,000/MWp

The 73.68% gap between buyer and seller expectations suggests room for deal-making.

Germany offers more moderate valuations:

• Low: €70,000/MWp
• Average: €119,100/MWp
• High: €170,000/MWp

With a narrower 29.70% gap between buy-side and sell-side expectations, the German market appears more aligned.

Western Europe's RTB solar PV valuations are generally higher compared to other European regions like Southern Europe or CEFTA & Eastern Europe. For a broader perspective, readers can explore our Global Renewable Energy Asset Valuations 2024 Analysis and Trends article.

Ready-to-Build (RTB) refers to renewable energy projects that have secured all necessary permits and are prepared for construction. This stage is crucial in the asset development lifecycle, typically following the development phase and preceding construction. RTB projects are particularly attractive to investors looking for near-term operational assets with reduced development risk.

PF Nexus is the premier marketplace connecting buyers and sellers of renewable energy assets globally. Our platform's unique position allows us to gather invaluable data on asset valuations, which we analyze to provide insights like those in this article. These insights were part of our comprehensive H1 2024 Asset Valuation Report, made available to our premium subscribers in June 2024. Given the volatility in the renewable energy market, valuations may have shifted since then. For the most up-to-date information and live deal flow, we encourage industry professionals to consider a premium subscription.

By subscribing to any of our premium tiers, you gain access to:

• Live deal flow from our network of 7,000+ developers, investors, and advisors
• Semi-annual valuation reports covering solar, wind, BESS, hybrid projects, hydro, hydrogen, and more
• The ability to connect directly with buyers and sellers in the renewable energy space

Our network spans the globe and covers a wide range of clean energy technologies crucial to the energy transition. For those interested in specific country analyses within Western Europe, please explore our detailed articles:

• RTB Solar PV Valuation Trends in UK
• RTB Solar PV Valuation Trends in Ireland
• RTB Solar PV Valuation Trends in Germany
• RTB Solar PV Valuation Trends in France

For a broader perspective, explore our analyses of other regions:

• RTB Solar PV Valuations in Benelux & Nordics in 2024
• RTB Solar PV Valuations in Southern Europe in 2024
• RTB Solar PV Valuations in CEFTA & Eastern Europe in 2024

Stay ahead in the dynamic renewable energy market with PF Nexus. For the latest valuation data and to access our global network of renewable energy professionals, contact us about our premium subscriptions.