AGP Executive Report
Last update: 2 hours agoM&A for renewables: TotalEnergies will buy Shell’s European onshore renewables business (~4 GW, mainly solar and wind, plus battery storage) while selling a 1.2 GW wind/solar stake portfolio to KKR valued at €1.8B—both aimed at reshaping capital allocation in Europe. Grid stress from drought: Moldova’s crisis team is limiting peak-hour electricity exports (18:00–22:00), cutting public lighting, and speeding solar/wind-plus-battery grid connections as the Dniester drops. UK solar surge: After a record-dry, sunny July, solar hit a new high share of UK power (14.4% in July), with the South West leading installed capacity. Asia solar momentum: India logged record July renewable output (36.25B kWh), with wind+solar topping 100 GW simultaneously and coal’s share falling to a one-year low. Storage milestone: Sierra Leone commissioned a World Bank-backed solar-plus-storage project, adding 35 MWh via Sungrow units to cut long outages. Solar policy push: Bangladesh’s PM issued directives to install rooftop solar on major government buildings, support local inverter production, and make solar more affordable. Tech scaling: Tandem PV acquired nexTC to bring advanced oxide coating tech in-house for perovskite-silicon module manufacturing.
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.