AGP Executive Report
Last update: 2 hours agoDistributed Renewables: India’s distributed renewable energy hit 31.5 GW in FY2026, led by rooftop solar under PM Surya Ghar and PM KUSUM, with rooftop solar now the biggest driver of distributed energy growth. Grid Build-Out: Evren signed a 750 MW PPA with NTPC for solar, wind and battery storage across Andhra Pradesh and Rajasthan, adding to its 11 GW pipeline and pushing clean power into the grid. Transmission Bottlenecks: Apraava Energy acquired an SPV for a 765 kV interstate transmission project in Andhra Pradesh to evacuate about 3 GW of renewables from Ananthapur. Power Planning: China unveiled its 15th five-year renewable energy plan, targeting 3,500 GW by 2030 and aiming for wind and solar to become primary grid sources, alongside a push for 50% non-fossil power. Energy Security & Prices: Oil prices edged up to around $84.81 as US-Iran talks stayed uncertain and Strait of Hormuz risk lingered, keeping markets jumpy. Industry Strain: Bangladesh plastic factories say energy shortages are cutting utilisation to as low as 30%, urging faster rooftop solar adoption to keep production running. ASEAN Outlook: Thailand’s PM called for ASEAN to strengthen supply chains and energy security while preparing in advance for shocks. Philippines Business: Seven Philippine firms made Forbes Asia’s 2026 Best Under A Billion list, with volatile energy markets cited as part of the backdrop.
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.
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