AGP Executive Report
Last update: 8 hours agoSolar Manufacturing Push: StarlinePS Enterprises will invest INR 160 crore in Celloraa Energy to build a 1.2 GW DCR-compliant solar cell plant in Surat, with plans to scale to 2.4 GW. Grid Reliability via Renewables: Econet Wireless Zimbabwe has started work on a 100 MW solar-plus-battery project to power its Harare operations and data centres, aiming to cut outages in a volatile electricity market. Storage-Ready Rules: Rajasthan’s regulator extended renewable tariff control to March 31, 2028 and updated rules for energy storage, green open access, and project performance norms. Fuel Price Relief in India: Nayara Energy cut petrol by ₹5/litre and diesel by ₹3/litre nationwide, citing easing global crude and related policy changes. Oil Market Watch (Iran-US): Oil prices edged up as Iran-US talks in Doha face hurdles, keeping Middle East supply risk in focus. Russia Fuel Crunch: Russia is seeing long queues and rationing at gas stations after strikes hit refining capacity, with the Kremlin even discussing importing refined products. Europe Power Resilience: A mid-year review says record clean generation helped shield Europe from gas-price shocks, but flexibility gaps remain—especially outside solar hours. UK Bill Pressure: Ofgem’s price cap rise is prompting millions of households to submit meter readings to avoid higher bills.
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