AGP Executive Report
Last update: 7 hours agoRooftop Solar Push in India: PM Surya Ghar’s Muft Bijli Yojana has topped 40 lakh beneficiary households and is on track for 75 lakh by Dec 2026, with utilities’ ULA model driving installs and 65 lakh+ applications in the pipeline. Grid-Scale Storage Leap: Waymo will repurpose retired robotaxi EV batteries for stationary grid storage with B2U, extending battery life after vehicle use. Long-Duration Storage Spotlight: HiTHIUM unveiled an 8-hour native LDES BESS at SNEC 2026, aiming to help grids handle higher renewables and extreme weather. Corporate Clean Energy Deals: Inox Clean Energy is set to buy Vena Energy India’s 6 GW renewables portfolio, while ACME Solar completed a ₹2,800 crore QIP to cut debt and strengthen its balance sheet. Policy & Tax Signals: The Philippines’ BIR clarified VAT treatment for Lifeline Subsidy and Green Energy Auction Allowance to avoid double taxation and protect consumer bills. Renewables Tension in Practice: Northern Ireland’s renewable generation fell in the latest figures, and Georgia’s major solar farm is sparking local opposition over land and livelihoods. World Environment Day Backdrop: UN chief Guterres warned 2024 was the hottest year on record and urged faster renewables, stronger climate finance, and forest/ocean protection.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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