transmission infrastructure

Since 2023, the main concern facing solar PV project developers in Europe has shifted from supply and module pricing to inadequate grid availability, as reflected in a number of discussions at the Large Scale Solar Europe 2024 conference in Lisbon this week.

Several European countries have underestimated the deployment of solar PV by 205GW by 2030, according to energy think tank Ember’s latest report.

According to Syliva Levya Martinez, principal analyst of North American utility-scale solar at Wood Mackenzie: “These are not the last of these types of transactions we’re going to see”.

New York State has announced plans to speed up the permitting process for distributed renewable energy and transmission projects, alongside an initiative to boost access to community solar.

The Queensland Government in Australia will build a new transmission line called ‘CopperString 2.0’ that will unlock 6GW of renewables.

The New York State Public Service Commission has approved US$4.4 billion for transmission upgrades that will boost the uptake of renewables.

The Association of Southeast Asian Nations (ASEAN) will deploy 241GW of solar PV by 2030, with the technology dominating new capacity additions.

The US Department of Energy (DOE) has launched a “Building a Better Grid” initiative to catalyse the development of “new and upgraded high-capacity electric transmission lines” across the US under President Joe Biden’s US$1 trillion Bipartisan Infrastructure Law.