AGP Executive Report
Last update: 4 hours agoUK Cost Shock: Ofgem’s energy price cap jumps 13%, adding about £221 a year (to £1,862) and prompting millions to submit meter readings—especially those seeing “estimated” usage—to avoid overpaying. Energy Storage Builds: India’s ACME Suryodaya commissioned a 240.72 MWh BESS in Rajasthan for July 2 operations, while Adani Green Energy cleared a 20 GW operational renewable milestone and pushes battery scaling. Offshore Wind O&M: Norway’s Føn Energy Services won a long-term, multi-million-euro contract to maintain Baltic Power’s subsea assets in Poland, with local supplier involvement. Solar Financing Push: Sri Lanka’s Hayleys Solar and PMF Finance PLC teamed up to cut upfront costs via flexible solar financing. Grid & Inflation Watch: B.C. inflation rose in May as energy costs climbed, with gasoline and fuel oil driving the increase. Policy & Security: Oman launched a digital supply-chain initiative for energy procurement and contract management; Europe’s energy security debate continues as leaders warn import restrictions could reduce supplier options.
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