AGP Executive Report
Last update: 11 hours agoNepal Flood Aftermath for Energy Sector: Nepal’s glacier-driven floods are now hitting insurers and hydropower operators hard, with one Nepal insurer estimating commercial losses could top 20 billion rupees, as hydropower projects along the Trishuli/Bhotekoshi corridor take the biggest damage. Tunnel Rescues, Renewed Hope: After 10 days underground, rescuers pulled Chinese hydropower worker Lu Haitao alive from a flooded Upper Trishuli tunnel, while a 60-year-old Nepali woman was also rescued from debris—small breakthroughs as thousands remain missing. Rescue Tech Boost: Switzerland delivered a Flyability drone to help search and inspect hazardous hydropower tunnels, aiming to make tunnel operations safer and faster. Power Restoration via Solar: Nepal’s Alternative Energy Promotion Centre is distributing small household solar systems and portable cook stoves, plus institutional solar power for local offices and health posts to restore basic services. Grid-Scale Renewable Trend: In the Philippines, MTerra Solar Phase 1 began commercial operations for 600 MWac mid-merit solar with large battery storage, signaling how solar-plus-storage is moving from pilot to mainstream.
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