AGP Executive Report
Last update: 5 hours agoGreen Hydrogen Exports: Saudi Arabia granted ACWA an exclusive right to export green hydrogen derivatives, including ammonia and methanol, as the Yanbu hub targets commercial operations in 2030. Battery Storage Scale-Up: UK developer Pulse Clean Energy picked Envision for a 129MW/310MWh BESS in Wolverhampton, aiming to strengthen grid resilience as demand rises. Firm Renewable Power for Peak Hours: Serentica Renewables won a 600MW/2,400MWh FDRE VII Assured Peak PPA with SECI, locking in dispatchable renewable supply for evening demand. Solar Policy Clarity (India): MNRE clarified that government rooftop solar projects awarded before Aug 31, 2025 stay exempt from ALMM List-II cell sourcing, easing compliance uncertainty. Solar Manufacturing Growth (India): ISH Solar and Cosmic PV secured ALMM approvals, adding hundreds of MW to domestic module capacity. Energy Demand Pressure (Malaysia): TNB supplied power to 36 operating data centres (4.5GW planned) and expects peak demand to jump sharply by 2035. UAE–Guyana Energy Ties: Global South Utilities signed an MoU with Guyana Power and Light to explore generation, grid upgrades, and renewable integration. Investment Outlook: UNCTAD said FDI rebounded in 2025 but remains narrow and fragile, with renewable energy among sectors still lagging.
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