grid infrastructure

DNV forecasts that China will more than quintuple its renewable energy installations by 2050 in its latest report.

The US Solar Energy Industries Association (SEIA) has called on the US Congress to accelerate legislative reform for solar projects in the US.

According to a report from industry lobby group the European Round Table for Industry (ERT) investment in Europe’s energy infrastructure requires €800 billion (US$870 million) by 2030.

Sunnova has expanded its virtual power plants (VPPs) to better manage the grid in six US states, plus the territory of Puerto Rico.

The CPUC has approved requests made by utilities in the state to allow solar and storage facilities to use Limited Generation Profiles.

Italian grid operator Terna has planned to invest €16.5 billion (US$18 billion) in the next five years to strengthen and expand Italy’s transmission grid.

According to Energie Commune, Belgium installed 1.8GW of new solar capacity in 2023, and pushing its total operating solar portfolio to 9.9GW.

The Business Council for Sustainable Energy (BCSE) has reported that the US installed a record of 35.3GW of new solar capacity in 2023.

US power developers expect to add 36.4GW of new solar generation capacity in 2024, according to the US Energy Information Administration.

Making new investments into grid infrastructure could be a method of reducing the impact of price cannibalisation on the European energy grid.