AGP Executive Report
Last update: 4 hours agoSolar M&A in India: RPSG’s CESC arm Purvah Green Power will buy ReNew Solar’s 1.4 GWp operating solar portfolio for ₹4,859 crore (₹48.6bn enterprise value), with 90%+ tied to long-term SECI PPAs—an instant scale-up plus more storage in the pipeline. US legal overhang on solar: A US judge dismissed with prejudice the Adani Group bribery/fraud case after the DOJ dropped it, citing jurisdictional and proof challenges tied to alleged solar contract conduct in India. Hydropower engineering milestone: China’s Datang Zhala impulse hydropower project in Xizang completed rotor hoisting for the world’s largest impulse unit (500 MW), a step toward commercial operation and cleaner power transmission. Grid stress + gas turbine demand: JPMorgan says global gas turbine orders hit a record quarter as data centers and electrification drive demand, while turbine shortages and higher costs raise pressure on power planning. Data centers vs power reality: In the Philippines, officials say hyperscale AI firms passed on New Clark City largely due to insufficient electricity supply, despite incentives. Hydropower disruption from hazards: Nepal’s Gharkhola hydropower plant was damaged by a dry landslide, leaving one missing and power production disrupted. Renewables policy push (Malaysia): Malaysia approved 42 FiT projects (biogas, biomass, small hydropower) totaling 331.355 MWp, aiming to spur investment and local supply-chain jobs. Water-energy resilience (Qatar): Kahramaa launched a 2026 customer satisfaction survey covering electricity and water service quality from July to November.
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.