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AGP Executive Report

Last update: 12 hours ago

Renewables vs Fossil Costs: IRENA says in 2025 more than 90% of newly commissioned utility-scale renewables beat the cheapest new fossil options on cost, with solar PV steady at about $44/MWh and onshore wind at $33/MWh—plus battery storage costs falling fast. Solar Deal Pipeline (India): GRE Renew Enertech won an INR 175 crore EPC LoA for a ~50 MW AC/65 MW DC solar PV project, while Bundelkhand Saur Urja awarded 600 MW solar to Coal India and 2×300 MW to NLC India Renewables at Jalaun Solar Park. Grid Balancing with Storage (India): Kerala plans to fast-track BESS to tackle a ~900 MW shortfall, targeting ~1,500 MW of storage by end-2026 as weak monsoon inflows squeeze hydropower. Wind Expansion (New Zealand): Māhinerangi Wind Farm in Otago got fast-track approval for Stage 2, adding ~44 turbines plus a 60MW battery for up to ~190MW total capacity. Hydropower Stress (Philippines): Magat Dam watershed cloud seeding is underway to lift reservoir levels as declining water has hit both irrigation and hydropower generation. Policy/Permitting Push (UK): Britain will drop mandatory pre-application consultation for major infrastructure, aiming to cut approval timelines by up to 12 months for projects including wind and solar. Energy Security Funding (EU-Azerbaijan): The EU plans up to EUR 200 million in grants to Azerbaijan for transport and energy links in the South Caucasus. Battery Tech Watch (Pakistan): K-Solar and Mingyang signed an MoU to market, supply and finance wind plus BESS, including groundwork for local BESS assembly. Offshore Wind Delays (US): Massachusetts’ offshore wind procurement is effectively paused and running about two years behind schedule, with contract talks still unclear. Wind Legal Setback (Canada): Ontario’s court dismissed a $50M wind farm claim against the province over the Big Thunder Windpark. Battery Recycling (Europe): Chinese inventors won the European Inventor Award for smart lithium-ion battery recycling that recovers key metals with a lower carbon footprint. Energy Infrastructure (India): CERC approved truing-up and new transmission tariffs for Green Energy Corridor assets, aiming to reduce renewable curtailment and improve grid stability.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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8 hours ago

Winley Electric details pad-mounted transformer portfolio for North America and beyond

AGP

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Jun. 17, 2026

Kinee Electrical targets solar PV infrastructure demand with smart power systems

AGP

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Jun. 15, 2026

Distributed solar market seen reaching $202.47 billion by 2030

AGP

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Jul. 2, 2026

Levelynx rolls out real-time flood monitoring for Texas local governments

AGP


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Tamil Nadu wind power generation exceeds 100 million units for three days, hitting yearly high

Tamil Nadu wind power generation exceeds 100 million units for three days, hitting yearly high


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Jun. 29, 2026

Electricity Sharing Opens New Opportunities for Solar Power Users

Government of Slovenia

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37 minutes ago

13th Monaco Energy Boat Challenge (8-11 July 2026): Come and discover today the technologies that will shape yachting tomorrow

GlobeNewswire, Inc.

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Jun. 25, 2026

Concentrated Solar Power Market Forecasted to Surge US$ 15.0 Bn by 2033, Expanding at a CAGR of 7.9% from 2026 to 2033

EIN Presswire

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Jun. 24, 2026

Collegiate Teams Travel 1,500+ Miles on Solar Power Across US Heartland as Part of America’s 250th Anniversary

EIN Presswire

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8 hours ago

Winley Electric: Behind the Scenes of Pad Mounted Transformer Engineering

EIN Presswire

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Jul. 2, 2026

Premium Invention Launches P2 Camera With the Largest Battery in Its Class

EIN Presswire

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