AGP Executive Report
Last update: 12 hours agoClean-energy targets: India says non-fossil sources now make up more than half its installed power capacity, five years ahead of schedule, with a 500-GW goal for 2030. Egypt plans 1 GW of solar to cut energy costs at 7,000 factories. Project finance: New Zealand solar developer Lightyears secured NZ$174 million in Japanese and Australian backing, while Frontier Energy arranged up to AU$280 million in debt for a solar-plus-storage project in Western Australia. Wind power: Dominion Energy says its 2.46-GW Coastal Virginia offshore wind farm is 85% complete, with 44 turbines installed. Envision, meanwhile, says European developers helped shape its new offshore turbine for the continent. Grid and firm power: ASEAN’s cross-border power ambitions hinge on building technical and industrial capacity for subsea cables. South Korea plans a preliminary safety-review system for small modular reactors this month, as developers look to meet rising demand for reliable power.
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