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Twelve solar-plus-storage projects were disqualified from the EDES-LPI-01-2024 tender, which aims to award 600 MW of firm capacity. Yet 1,655 MWp remain in contention, underscoring investor appetite that far exceeds current regulatory demand.
UPME sets a five-month deadline for grid connection rulings and introduces a 10-year electrical assessment. Capacity awards will depend on removing transmission constraints, reshaping the real viability of projects due online in 2029–2030.
The Italian utility will invest €10bn more than in its previous strategy to expand clean capacity, deploy energy storage and strengthen grids across Europe, North America and Latin America amid surging electricity demand.