North American P25* power purchase agreement (PPA) offer prices continued the trend of stabilisation in the third quarter of 2023, according to a new report from LevelTen Energy, operator of the world’s largest PPA marketplace. P25 solar PPA prices nationally rose 4% over Q2 and 21% year over year. LevelTen’s P25 wind index decreased 1% since Q1 but remained 16% higher year over year. Blended P25 prices rose 2% in Q3 and 18% year over year.