AGP Executive Report
Last update: 6 hours agoEnergy & Geopolitics: Malaysia says it will deepen energy ties with Russia and Turkmenistan while staying compliant with sanctions rules, as the US extends a sanctions waiver for Russian oil loaded at sea. Clean Power Deals: SECI signed its first 700 MW commercial-and-industrial renewable term sheet with Acme Cleantech, while the EIB is considering financing Egypt renewables totaling about 1.6 GW (wind plus solar with storage). Grid & Storage Tech: Phoenix Motor launched EdisonFuture GridStor, a utility-scale BESS aimed at AI data centers and EV charging; Nitride Global and OmniPower signed an MOU to push HVDC grid development using next-gen semiconductor and packaging materials. Geothermal Digital Twins: Fervo, PNNL and NVIDIA plan an AI-powered digital twin platform (EGS-Twin) to speed enhanced geothermal development. Water Tech: Flocean reached “first water,” producing drinkable water at full capacity from a commercial subsea desalination system off Norway. Biotech: Nura Bio closed a $73.8M Series B to advance SARM1 inhibitors, including dosing in an ALS study. AI + Industry: Malaysia and China pledged STI cooperation on AI, biotech, green tech and advanced materials, with a focus on commercialization.
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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