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The next-generation solar cells market will reach USD 19.62 billion by 2032

Driven by innovations in perovskite and quantum dots, the next-generation solar cells market, valued at USD 4.21 billion in 2024, is expected to grow rapidly at a rate of 21.21%, reaching USD 19.62 billion by 2032.

Global warming heads toward 2.5°C despite commitments

Current emission trajectories put the planet on course for a 2.3°C to 2.5°C rise, according to the latest UN calculations, just days before the COP30 in Belem.

India reforms renewable energy market to ensure integration and reliability

India is implementing new reforms to effectively integrate renewable energy into the national grid, with a focus on storage projects and improved contracting.
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Seven-Eleven to procure 22.3 GWh per year from 21 MW solar and 140 kW hydro via Chugoku EPCO-sleeved PPA

Seven-Eleven Japan signs a power purchase agreement (PPA) with Chugoku Electric Power to acquire 22.3 GWh annually from solar and hydro projects, marking a new chapter for the retailer in renewable energy procurement.

Erex and Samsung C&T Sign MoU to Develop Grid-Scale Energy Storage Projects in Japan

Erex and Samsung C&T announce a partnership to develop grid-scale energy storage projects in Japan. The two companies plan a 50:50 joint venture to deploy large-scale storage installations.

China cancels VAT rebate and reshapes the global solar market

China's decision to cancel the 13% VAT rebate on photovoltaic module exports triggers a sharp price adjustment and reshapes a market under pressure for the past two years.
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J-POWER to retire the 500MW coal-fired Takasago Thermal Power Station by FY2028

J-POWER announces the retirement of its 500MW coal-fired Takasago Thermal Power Station in Hyogo Prefecture by FY2028, marking a key shift in its energy investment strategy.

The UN validates an Article 6.4 methodology for landfill methane

The Paris Agreement Crediting Mechanism formalizes a landfill-methane methodology, imposes an investment-based additionality test, and governs issuance of traceable units via a central registry, with host-country authorizations and corresponding adjustments required.

TEPCO secures first hydropower project under hybrid dam initiative

Japan’s infrastructure ministry has appointed a TEPCO Renewable Power-led consortium to build a 2.3MW power plant at Yunishigawa Dam, the first public-private partnership under the government’s new hybrid model.
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Alternō launches sand battery technology in Japan with two thermal storage systems

Asia-based Alternō opens a subsidiary in Japan to industrialise its sand thermal batteries, targeting the agricultural and manufacturing sectors with two new renewable heat storage systems.

Takeei converts 1.5 MWAC solar plant to FIP scheme in Japan

Takeei Energy & Park begins operating its first asset under the feed-in-premium scheme, marking a milestone in the group’s investment strategy in the renewable energy sector.

G7 launches over 20 projects to counter Chinese influence on critical minerals

Meeting in Canada, G7 energy ministers unveiled a series of projects aimed at securing supply chains for critical minerals, in response to China’s restrictions on rare earth exports.
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Schneider Electric maintains targets despite €466mn currency impact

Schneider Electric reaffirmed its annual targets after reporting 9% organic growth in Q3, driven by data centres and manufacturing, despite a negative currency effect of €466mn ($492mn).

G7 launches an alliance to secure critical minerals outside China

Energy ministers coordinate investment and traceability to curb China’s dominance in mineral refining and stabilize supply chains vital to electronics, defense, and energy under a common G7 framework.

InSolare secures 600 MW energy storage contract from SECI in India

InSolare Energy has secured a 600 MW / 1,200 MWh battery energy storage contract from state-owned SECI, strengthening its position in India’s energy infrastructure market.
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Ember warns of economic futility of new coal capacity in India beyond 2032

A modelling study finds India does not need new coal plants beyond current plans through 2032, as overcapacity would raise costs and reduce utilisation across the thermal fleet.

Hitachi to expand US capacity to support nuclear revival and AI demand

Hitachi joins Washington and Tokyo in strategic projects to modernise the US grid and back artificial intelligence expansion through nuclear and electrification investments.

Structural imbalances hinder the efficiency of public climate finance

The study by Özlem Onaran and Cem Oyvat highlights structural limits in public climate finance, underscoring the need for closer alignment with social and economic goals to strengthen the efficiency and resilience of public spending.
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A hybrid approach could reduce ammonia production emissions by 63%

Researchers have designed a system that combines two ammonia production technologies to reduce costs, optimise industrial efficiency and significantly cut greenhouse gas emissions.

MIT launches Macro, a modelling tool to anticipate energy infrastructure needs

A new software developed by MIT enables energy system planners to assess future infrastructure requirements amid uncertainties linked to the energy transition and rising electricity demand.
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Global warming heads toward 2.5°C despite commitments
EVE Energy and EVO Power sign strategic agreement for their expansion in Australia
ACWA Power signs $10bn in energy and financing deals at FII9
Washington invests $100mn to modernise coal plants as exports drop 11%

The e-fuels market targets $66.25bn by 2030 driven by Asia-Pacific momentum

E-fuels growth is accelerating with the market expected to reach $66.25bn by 2030, fuelled by Asia-Pacific’s industrial expansion, technological advances, and investments in hydrogen and ammonia infrastructure.

INPEX completes FEED contract awards for Abadi LNG, a key milestone in Indonesia

INPEX has finalised the awarding of all FEED packages for the Abadi LNG project in the Masela block, targeting 9.5 million tonnes of annual production and involving several international consortiums.

Yanara gains independence to accelerate renewable project expansion in Asia-Pacific

BrightNight’s Asian subsidiary becomes Yanara and positions itself as an independent player to strengthen the development of large-scale renewable energy solutions in the Asia-Pacific region.
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India sends top adviser to Moscow as US steps up pressure on Russian oil imports

The visit of India's national security adviser to Moscow comes as the United States threatens to raise tariffs on New Delhi due to India’s continued purchases of Russian oil.

Siemens Energy sets order record and raises 2025 annual outlook

Siemens Energy posts historic third-quarter orders, significant revenue growth and lifts its dividend ban, reinforcing its backlog strength and ambitions for profitable growth in 2025.

Ember: Merchant battery storage in India reaches 17% return in 2025

According to Ember, the profitability of battery storage on Indian wholesale markets is rising sharply, driven by the rapid decline in costs and high volatility in electricity prices.
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Japanese refiners face critical challenge of Middle Eastern oil dependency

Record Gulf crude imports expose structural vulnerabilities of Japanese refining amid rising geopolitical tensions and Asian competition.

Gentari signs 80 MW wind power purchase agreement with AWS in India

Gentari and Amazon Web Services have entered into an 80 MW power purchase agreement in India, marking a major step for large-scale wind energy development in the region.

OPEC+ Accelerates Production Hikes Amid Shifting Oil Market Dynamics

Eight OPEC+ countries boost output by 547,000 barrels per day in September, completing their increase program twelve months early as Chinese demand plateaus.
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India rejects Trump’s tariff threats over Russian oil purchases

New Delhi calls US sanctions unjustified and denounces double standard as Trump threatens to substantially increase tariffs.

Aramco maintains resilience with $24.5 billion profits in second quarter 2025

The Saudi oil giant posts solid results despite falling oil prices. The company pays $21.3 billion in dividends and advances its strategic projects.

Indian Oil Corp acquires 7 mn barrels from the United States, Canada and the United Arab Emirates

Faced with falling discounts on Russian oil, Indian Oil Corp is purchasing large volumes from the United States, Canada and Abu Dhabi for September, shifting its usual sourcing strategy.
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TEPCO posts $5.83bn net loss in the first quarter of fiscal year 2025

TEPCO reports a significant net loss due to nuclear compensation charges and debris removal preparations, while its revenues decline over the period.

India navigates between US sanctions and Russian oil dependence

Facing US secondary sanctions threats, Indian refiners slow Russian crude purchases while exploring costly alternatives, revealing complex energy security challenges.

AltaGas posts 23% growth in midstream EBITDA in second quarter 2025

Canadian group AltaGas reports a strong increase in financial results for the second quarter of 2025, driven by growth in its midstream activities, higher demand in Asia and the modernisation of its distribution networks.
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First Solar raises annual outlook after new import tariffs

First Solar anticipates higher revenue for the current year, driven by an increase in solar panel prices following the introduction of new import tariffs.

Hungary signs agreement with Synthos to introduce US small modular reactors

Hunatom announces a strategic alliance with Synthos Green Energy to introduce US small modular reactor technology, strengthening energy ties between Hungary, Poland and the United States.

Ember: Slow national ambitions hinder global tripling of renewables

The progress of national targets for renewable energy remains marginal, with only a 2% increase since COP28, threatening the achievement of the tripling of capacity by 2030 and impacting energy security.
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Japan’s Tomari 3 reactor receives regulatory approval for new safety standards

Unit 3 of the Tomari nuclear power plant takes a major step towards restart after its safety equipment was validated by the Japanese regulator.

US tariff ultimatum pushes India towards new Asian trade alliances

Sanctions imposed on August 1 accelerate the reconfiguration of Indo-Pacific trade flows, with Vietnam, Bangladesh and Indonesia emerging as principal beneficiaries.
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