AGP Executive Report
Last update: 10 hours agoOil & Markets: Crude eased after Middle East de-escalation hopes, with Brent around $95 and WTI near $93, while gold climbed on a softer dollar and lower oil. Central Banking: India’s RBI lifted FY27 inflation to 5.1% and cut GDP growth to 6.6%, flagging oil-price pass-through and West Asia risks. Clean Power in the UAE: DEWA says clean energy now makes up 21.5% of its capacity as Dubai targets 100% clean power by 2050. Solar + Storage Shift (China): Major solar makers are pushing batteries as PV margins slump, with exports and demand uncertainty driving the pivot. Long-Duration Storage: HiTHIUM unveiled an 8-hour long-duration battery system, while Switzerland’s Flexbase is building a massive underground flow-battery project aimed at powering 210,000 homes for a day. Grid & Industry: India’s Payal Industrial Park is partnering with Fourier on hydrogen long-duration storage for multi-day backup. Nuclear Moves: Japan plans to replace ageing reactors by 2050s; Iran and Russia signed a $25bn nuclear cooperation MoU. Project Watch: UK campaigners urge planners to visit a proposed 5.4MW solar farm site after 140 objections. Deals & Buildouts: Inox Clean Energy to buy Vena Energy’s 6 GW renewables portfolio; ACME Solar completes a ₹2,800 crore QIP to cut debt.
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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