AGP Executive Report
Last update: 4 hours agoGlobal Outlook: The IEA forecasts nearly 4,800 GW of new renewable capacity by 2031, with solar accounting for over three-quarters of additions. India is set to become the second-largest growth market. Grid and Storage: Grid access is emerging as a major brake: more than 2,500 GW of generation, storage and large-load projects are waiting for connections worldwide. India approved a 92 GWh storage plan, while Odisha backed a 600 MW pumped-hydro project to help stabilize its grid and integrate renewables. Solar Push: At COP31, Bangladesh joined a pledge to help bring rooftop solar to 300 million homes by 2030 and set a 5.5 GW rooftop target. Project Setback: The UK government rejected the proposed 840 MW Botley West solar farm, citing harm to greenbelt and heritage sites, landscape impacts and aviation safety concerns.
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