AGP Executive Report
Last update: 6 hours agoRenewables Dealmaking: RPSG’s Purvah Green Power will buy ReNew Solar’s 1.4 GW operational solar portfolio for ₹4,859 crore, adding 25-year contracted generation and about 2.2 GWh of battery storage in the mix. Grid & Storage Buildout: UK plans move forward on a major battery storage project at Southampton’s port area, aiming to store excess grid power and boost renewable integration. Energy Security & Policy: South Africa’s China energy mission drew equipment makers and talks across transmission, renewables, hydrogen and nuclear—but the real test is turning meetings into projects fast enough for the grid build-out. Climate Risk & Resilience: Pakistan’s El Niño outlook is getting quantified, with solar and backup power stressed as overcast conditions cut output while storms strain reliability. Offshore Wind Scale-Up: Cadeler ordered two more jack-up offshore wind installation vessels, signaling continued demand for large-scale offshore build. Legal/Market Shock: A US judge dismissed Adani-related criminal fraud charges tied to alleged solar contract bribery, a reminder that clean-energy finance still faces major legal and reputational swings. Deep-Sea Mining: The UN seabed regulator extended a disputed exploration contract while still delaying final commercial mining rules.
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