AGP Executive Report
Last update: 30 minutes agoIndia’s Clean-Power Drive: India says more than half its installed electricity capacity now comes from non-fossil sources, five years ahead of schedule. Prime Minister Narendra Modi pledged another 500 GW of non-fossil capacity over the next decade, with clean-energy investment potential estimated at $220 billion. Data-Centre Demand: Global data-centre electricity use could more than double by 2030 to 945 TWh. Tech companies are backing new gas plants to meet demand, while energy firms argue flexible power systems could help integrate more renewables. Storage Investment: Kenya secured Sh10.5 billion for a 100 MWh battery system to shift surplus wind and solar power to evening peak hours, reducing reliance on thermal generation and imports. Solar Financing: New Zealand developer Lightyears secured $174 million from Japanese and Australian partners to build more than 300 MW of solar and battery projects over five years. Wind Growth: RWE commissioned a 47.2 MW Italian wind farm, while Boralex bought UK developer Wind2 to expand its British project pipeline.
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