Canadian Solar reported a gross margin of 29.8% in Q2 2025, exceeding expectations despite a net loss, amid delayed project sales and asset impairments.
The consortium led by Masdar has secured approximately $1.1 billion in financing to build one of the world’s largest solar power plants in Saudi Arabia’s Eastern Province.
Driven by rising industrial demand and emerging capacities in Asia, the global petrochemicals market is expected to see sustained expansion despite regulatory pressures and raw material cost challenges.
Indian imports of Brazilian crude reach 72,000 barrels per day in the first half of 2025, driven by U.S. sanctions, and are expected to grow with new contracts and upstream projects between Petrobras and Indian refiners.
Electric vehicle charging infrastructure investments are expected to hit $300 billion by 2040, driven by a 12.3% annual increase in global charging port deployments.
TCL SunPower Global entrusts the distribution of its solar panels to Energia Italia, thereby consolidating its presence in the Italian market within a context of strategic restructuring.
In July, China maintained a crude oil surplus of 530,000 barrels per day despite high refining activity, confirming a stockpiling strategy amid fluctuating global prices.
With an annual growth rate estimated at 10.11%, the global aviation fuel market could reach USD 751 billion by 2032, driven by increasing air traffic and new industrial partnerships.
China’s aviation fuel distributor CNAF announced a new investment in a private sustainable fuel refinery, reinforcing its integration strategy within an emerging sector considered critical to the country’s aviation industry.
Petrobras is holding talks with SBM Offshore and Modec to raise output from three strategic FPSOs, two already at full capacity, to capture more value from the high-potential pre-salt fields.
Beijing opposes the possible return of European trio sanctions against Iran, as the nuclear deal deadline approaches and diplomatic tensions rise around Tehran.
With a new $800 million investment agreement, Tsingshan expands the Manhize steel plant and generates an energy demand of more than 500 MW, forcing Zimbabwe to accelerate its electricity strategy.
The United States Department of Energy has selected eleven companies to build experimental nuclear reactors by July 2026, under a programme aimed at meeting rising electricity demand.
OPEC's August report reveals Russian production above quotas and commercial dominance in Asia, while Kazakhstan massively exceeds its reduction commitments.
Hundreds of aging tankers transport Russian oil to Asia, circumventing Western sanctions while creating major environmental risks and transforming global trade flows.
The next-generation solar cell market will grow by 15.73% annually by 2031, driven by diversified uses in residential, industrial, and aerospace sectors.
Maxeon Solar Technologies announces a strategic restructuring of its business portfolio, refocusing its operations on the U.S. market while transferring its international activities to the TCL Group.
China, the world's largest emitter of greenhouse gases, is expected to reach its peak coal consumption by 2025, according to a recent report. This represents a key step toward energy transition despite the challenges of a rapidly growing economy.
A major contract has been signed between Bolivia and Hong Kong CBC Investment for the construction of two lithium carbonate plants, strengthening the country's strategic position in the renewable energy sector.
At COP29, world leaders established the foundations for carbon markets under Article 6 of the Paris Agreement, but major challenges remain regarding integrity, demand, and national implementation.
Climate change weakens Canadian hydropower, a key energy source, with prolonged droughts and sudden floods threatening infrastructure and production, experts and recent reports warn.
COP29 President Moukhtar Babaïev highlights the inflexibility of Northern countries and defends an agreement allocating $300 billion, though criticized as insufficient by Southern nations.
Masdar and Silk Road Fund sign a strategic agreement to co-invest up to USD 2.8 billion in renewable energy projects, targeting primarily developing countries as part of the global energy transition.
The marine fuel market faces abundant stockpiles and geopolitical tensions. The price gap for low-sulfur fuel oil (LSFO) between Singapore and Fujairah has reached its narrowest point in three months, reflecting limited demand and pressure on margins.
The global petrochemical market will reach $685.01 billion by 2031, driven by rising demand for polymers in automotive, packaging, and construction sectors. Asia-Pacific dominates, fostering sustained growth and innovative opportunities.
In response to IAEA criticism, Iran has activated new advanced centrifuges, escalating its nuclear program and heightening tensions with Western powers.
At COP29, China refuses to agree to a climate financing proposal, deepening North-South tensions and threatening global objectives in the fight against climate change.
Russia and Iraq strengthen their cooperation within OPEC+ to manage oil price fluctuations. This coordination is crucial for their respective budgets amidst sanctions and heavy reliance on oil revenues.
The Trump administration plans to support nuclear energy and domestic uranium production. However, questions remain about future budgets and priorities amid competing spending demands.
At COP29 in Baku, 25 nations, including the United Kingdom and Australia, pledged to stop building coal power plants. This initiative aims to curb global warming despite a 2% increase in global coal capacity in 2023.
The COP29 negotiations highlight the critical stakes of energy diplomacy, where climate financing and fossil fuel commitments divide developed and developing countries.
A consortium of key players, led by HoloSolis, is developing a gigafactory in Hambach to produce 10 million solar panels annually, meeting European energy transition goals and strengthening French industrial sovereignty.