AGP Executive Report
Last update: 12 hours agoIndia’s Clean-Energy Drive: India says non-fossil sources now make up more than half its installed power capacity, reaching the milestone five years early. It has about 300 GW of non-fossil capacity and is targeting 500 GW by 2030. Solar and Storage: Egypt plans 1 GW of solar to cut electricity costs at 7,000 factories, while Australia’s Frontier Energy secured a AU$280 million debt facility for its Waroona solar-plus-storage project, targeting first power in 2028. Offshore Wind: Dominion Energy says its 2.5-GW Coastal Virginia project is 85% complete, with 44 turbines installed and 640 MW of capacity in place. Nuclear: South Korea plans to launch preliminary safety reviews for small modular reactors this month, with about 10 developers interested. Grid Investment: The U.S. opened a $237 million competition to expand domestic grid-equipment manufacturing as rising electricity demand puts infrastructure in focus.
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