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European Energy triples electrolysis capacity at Måde with new 8.1 MW equipment
European Energy increases the capacity of its Måde Power-to-X site to 8.1 MW, with a new electrolyser in service and ongoing tests for commercial production in 2026.
China boosts global battery market after key power market reform
China's electricity market overhaul improves the profitability of energy storage, supporting a rapid increase in battery exports as global demand rises with data centres and power grids.

T1 Energy signs 900MW solar supply deal with Treaty Oak in the United States

T1 Energy will supply Treaty Oak with 900MW of solar modules over three years, leveraging domestically produced cells from Austin to meet increasing regulatory requirements.
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Baker Hughes to supply six LM9000 turbines for Commonwealth LNG terminal
Baker Hughes will deliver six gas refrigeration trains for Commonwealth LNG’s 9.5 mtpa export project in Louisiana, under a contract with Technip Energies.
Trump Media creates a listed group with TAE Technologies in $6 billion deal
Trump Media & Technology Group and TAE Technologies unite in a transaction valued at USD6 billion to launch one of the first publicly traded companies focused on fusion energy.

Iran offers support to Venezuela after oil tankers seized by Washington

Caracas says Iran has offered reinforced cooperation after the interception of two ships carrying Venezuelan crude, amid escalating tensions with the United States.
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Washington seizes second Venezuela-linked oil tanker in the Caribbean
US authorities intercepted a second oil tanker carrying Venezuelan crude, escalating pressure on Caracas amid accusations of trafficking and tensions over sanctioned oil exports.
Awendio Solaris to invest CAD1bn in integrated solar plant in Montreal
UK-based manufacturer Awendio Solaris plans to build a 2.5 GW solar industrial platform, expandable to 5 GW, in Quebec, targeting North American markets with a 100% regional supply chain.

Zefiro completes $1.5mn gas project in Pennsylvania and prepares $5mn operation in Louisiana

Zefiro Methane, through its subsidiary Plants & Goodwin, completes an energy conversion project in Pennsylvania and plans a new well decommissioning operation in Louisiana, expanding its presence to eight US states.
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RWE and Indiana Michigan Power secure 200 MW deal in Indiana
RWE signed a 15-year power purchase agreement with Indiana Michigan Power for the Prairie Creek project, aimed at supporting Indiana’s growing electricity demand starting in 2028.
Armada joins Genesis programme to deploy sovereign compute power in the United States
US-based Armada has signed a memorandum of understanding with the Department of Energy to participate in the Genesis Mission, aimed at accelerating scientific research and reinforcing national energy and technology sovereignty.

Plug Power installs 5 MW electrolyzer in Namibia for integrated hydrogen hub

Plug Power has completed the installation of a 5 MW PEM electrolyzer for Cleanergy Solutions Namibia, marking the launch of Africa’s first fully integrated green hydrogen production and distribution site.
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California Resources finalises asset transfer with Berry Corporation for $253mn
California Resources Corporation completed an all-stock asset transfer with Berry Corporation, strengthening its oil portfolio in California and adding strategic exposure in the Uinta Basin.
Gevo receives “A” rating for North Dakota site from BeZero Carbon
Gevo receives high-quality assessment for its carbon capture credits in North Dakota, strengthening the commercial value of its certificates in the voluntary carbon markets.

esVolta transfers Black Walnut project tax credit to Computacenter

esVolta finalises investment tax credit transfer for its Black Walnut storage project to Computacenter, marking a first-of-its-kind operation within its California energy portfolio.
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TOPCon 4.0 vs HJT: the financial trade-off in the solar sector in 2026
As the photovoltaic industry enters a phase of deep restructuring, the duel between TOPCon 4.0 and heterojunction technologies is redefining manufacturers’ margins. In 2026, reducing production costs becomes the primary strategic lever for global market leaders.
JA Solar and Trinasolar Lead a Global Solar Market in Crisis
JA Solar and Trinasolar top Wood Mackenzie’s latest semiannual ranking despite a sector-wide net loss of $2.2 billion. Industrial leaders are strengthening their grip on global photovoltaic module supply through rigorous financial discipline.

Peregrine launches 500 MWh storage project near Dallas with Wärtsilä and WHC

Peregrine Energy Solutions has begun construction on a 500 MWh storage project in Texas, relying on Wärtsilä's technology and WHC's engineering expertise to enhance ERCOT grid flexibility.
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Israel seals a €30 billion gas contract with Egypt
An agreement announced on December 17, 2025 provides for twenty years of deliveries through 2040. The package amounts to 112 billion new Israeli shekels (Israeli shekels) (NIS), with flows intended to support Egyptian gas supply and Israeli public revenues.
Meg O’Neill takes over BP to refocus the group on hydrocarbons
British company BP appoints Meg O'Neill as CEO to lead its strategic refocus on fossil fuels, following the abandonment of its climate ambitions and the early departure of Murray Auchincloss.
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Nordex secures 200 MW contract for wind farm in Canada
Pivot Energy secures $225mn to develop 60 new community solar projects
Equinor contests €60mn fine imposed for maintenance failure
Niger signs strategic deal with Russia to revive uranium mining
Drone strike cuts electricity in Khartoum and Port Sudan, two rescuers killed
Electricity shortage threatens AI ambitions of American tech giants
Facing surging computing needs, US tech leaders are hitting an energy wall that slows down data centre construction and revives demand for gas and coal.
Quino Energy raises $16mn to industrialise organic electrolytes for flow batteries
Quino Energy secures $16mn in funding to scale global production of its organic electrolytes, with strategic support from investor Atri Energy Transition.

Jinhong Gas invests in Spain with a strategic cryogenic unit

Chinese group Jinhong Gas finalises a new industrial investment in Spain, marking its first European establishment and strengthening its global strategy in the industrial gas sector.
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Fusion Fuel Cycles joint venture begins construction of UNITY-2 test facility
Fusion Fuel Cycles has begun work on its UNITY-2 facility, a unique test bench designed to validate the full tritium fuel cycle under fusion conditions, marking a key step toward fusion energy.
COP30 opens in tension as negotiations fail on initial agenda
COP30 begins in Belém under uncertainty, as countries fail to agree on key discussion topics, highlighting deep divisions over climate finance and the global energy transition.

Washington locks in Kazakh tungsten supply and frames its C5+1 bet

The United States secures a tungsten joint venture in Kazakhstan and mining protocols in Uzbekistan, with financing envisaged from the Export-Import Bank of the United States and shipment routed via the Trans-Caspian corridor.
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Three U.S. gas basins reshape prices, flows and contracts
Appalachia, Permian and Haynesville each reach the scale of a national producer, anchor the United States’ exportable supply and set regional differentials, LNG arbitrage and compliance constraints across the chain, amid capacity ramp-ups and reinforced sanctions.
NextNRG posts 196% revenue growth in October
NextNRG's monthly revenue reached $7.39mn in October, more than doubling year-over-year, driven by the expansion of its technology platforms and energy services across the United States.

AltaGas raises $460mn to strengthen financial structure and retain MVP

AltaGas finalises a $460mn equity raise linked to the strategic retention of its stake in the Mountain Valley Pipeline, prompting credit outlook upgrades from S&P and Fitch.
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Enbridge commits $3bn to new projects while maintaining 2025 guidance
The Canadian group posted record Q3 EBITDA, sanctioned $3bn worth of projects, and confirmed its full-year financial outlook despite a drop in net income.
Framatome launches pilot line for TRISO nuclear fuel in France
Framatome will produce TRISO fuel at Romans-sur-Isère as part of a pilot project for advanced nuclear reactors, in partnership with actors such as Blue Capsule Technology.

Bulgaria passes law to take control of Lukoil refinery

Faced with US sanctions targeting Lukoil, Bulgaria adopts emergency legislation allowing direct control over the Balkans’ largest refinery to secure its energy supply.
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Boralex deepens its losses in Q3 despite 7% production increase
Canadian company Boralex reported a net loss of CAD30mn in the third quarter, impacted by lower electricity prices in France and adverse weather conditions in North America.
Global renewable capacity to reach 793 GW in 2025 despite limited political ambitions
Global solar and wind additions will hit a new record in 2025, but the lack of ambitious national targets creates uncertainty around achieving a tripling by 2030.

Petrobras increases net profit in third quarter driven by production growth

Petrobras reported a net profit of $6 billion in the third quarter, supported by rising production and exports despite declining global oil prices.
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Duke Energy expected to post Q3 growth driven by demand and revised rates
Duke Energy is set to release its third-quarter results on November 7, with earnings forecasts pointing upward, supported by strong electricity demand, new rate structures and infrastructure investments.
Gunvor drops $22bn bid for Lukoil assets under US pressure
Swiss trader Gunvor has withdrawn its $22bn offer to acquire Lukoil’s international assets after the US Treasury announced it would block any related operating licence.

Venture Global signs 20-year deal to supply LNG to the Balkans via Greece

Venture Global has signed a liquefied natural gas sales agreement with Atlantic-See LNG Trade S.A., a newly formed Greek joint venture, to supply 0.5 million tonnes annually starting in 2030, reinforcing regional energy security.
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Trump to auction 80 million offshore acres and plans Alaska lease sale
The Trump administration will launch on December 10 a major oil lease sale in the Gulf of Mexico, with a second auction scheduled in Alaska from 2026 as part of its offshore hydrocarbons expansion agenda.
Trump grants Orban oil exemption in exchange for US gas deal
The United States grants Hungary a one-year waiver on sanctions targeting Russian oil, in return for a commitment to purchase US liquefied natural gas worth $600mn.
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