AGP Executive Report
Last update: 2 hours agoGlobal Buildout: The IEA expects renewable power capacity to grow by nearly 4,800 GW from 2026 to 2031, with solar making up more than three-quarters of new capacity. Storage Push: India approved a $1.5 billion scheme targeting 92 GWh of storage over five years, while new tenders seek large batteries paired with existing solar parks. COP31 Commitments: Bangladesh joined a global drive to bring rooftop solar to 300 million homes by 2030 and set a 5.5 GW rooftop target. Türkiye plans at least 6 GW of offshore wind by 2040, with its first tender due in 2027. Regional Outlook: The IEA says Southeast Asia must more than triple renewable generation to support faster electrification and cut reliance on imported fuels. Solar Savings: Rooftop panels have cut electricity bills by more than 5.6 million pesos across three Negros Occidental government buildings, with more installations planned.
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