China

ISDN Holdings strengthens its position in Indonesia by acquiring a majority stake in PT Funda, integrating hydropower capabilities across the entire project lifecycle and consolidating its renewable energy investments.
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.

Masdar completes financing for the 2 GW Al Sadawi solar project in Saudi Arabia

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.
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Vikram Solar will supply 250 MW of high-efficiency solar modules to the Bondada Group for a project in Maharashtra, with deployment scheduled to begin in fiscal year 2025–2026.
Indonesia Energy Corporation signs a memorandum of understanding with Aguila Energia to identify oil and gas assets in Brazil, marking a first incursion outside its domestic market.

Global Petrochemical Investments Projected to Reach USD 956 Billion by 2032

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.
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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 partners with Energia Italia to strengthen its network in Italy

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.
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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.

CNAF Acquires Stake in Private Sustainable Aviation Fuel Refinery

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.
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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.
With active projects across four continents and strong liquidity, Eco Wave Power accelerates its expansion strategy while absorbing a rise in operational costs in H1 2025.

Putin Signs Decree Paving the Way for Exxon’s Return to Sakhalin-1

A new Russian presidential decree could allow Exxon Mobil to reclaim its stake in Sakhalin-1, under strict conditions tied to Western sanctions and equipment logistics.
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Under threat of increased U.S. tariffs, New Delhi is accelerating its energy independence strategy to reduce reliance on imports, particularly Russian oil.
Beijing opposes the possible return of European trio sanctions against Iran, as the nuclear deal deadline approaches and diplomatic tensions rise around Tehran.

800-Million-Dollar Agreement: Tsingshan Triggers an Energy Recomposition in Zimbabwe

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.
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The Manah-1 solar project in Oman, with a capacity of 500 MW, was delivered by Shanghai Electric and has recorded a stable first month of operation, strengthening industrial and technical cooperation with Électricité de France.
Vanda RE is in talks with potential buyers in Singapore for electricity from a $3 billion solar and storage project in Indonesia’s Riau Islands.
Saudi Aramco plans to raise its official selling prices (OSP) in March, driven by China’s economic recovery and the redirection of Russian oil flows. Asian refiners are adapting to these new dynamics, influencing premiums on Middle Eastern crude.
The European Union launches an emergency consultation with automakers to accelerate the transition to electrification in response to current competitive and regulatory challenges.

Record Investments in the Low-Carbon Energy Transition in 2024

The BloombergNEF 2024 report reveals a historic record of global investments in the low-carbon energy transition, driven by electrified transport, renewable energy, and power grids.
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Myanmar faces recurrent power outages linked to civil conflict and outdated infrastructure, affecting daily life and economic activities.
The Indian government has announced an investment of 1.8 billion euros to reduce its dependence on China for strategic minerals essential for the renewable energy and defense industries.

The EU Faces Automobile Electrification Challenges: Emergency Measures for the Industry

The European Union is taking action to support the European automotive industry in the face of increasing competition from China and the need for vehicle electrification, promising emergency measures and flexibilities to preserve jobs and competitiveness.
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The release of DeepSeek’s R1 model, with reduced energy requirements, challenges the predicted energy consumption of data centers powering artificial intelligence.
Enfinity Global progresses in the Indian energy market by securing 2 GW of connectivity for strategic projects, bolstering solar and wind capacities in a country aiming for an accelerated energy transformation.

The hydrogen sector slowed by financial and strategic uncertainties

Despite growing demand and strategic industrial opportunities, the hydrogen sector is hindered by financial difficulties and structural uncertainties.
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In 2024, Chinese companies installed 24 gigawatts of new energy capacity in Belt and Road countries. Nearly half of the projects focused on renewable energy, underscoring their key role in global energy diplomacy.
Suzlon and Torrent Power consolidate their strategic partnership with a 486 MW order in Gujarat, achieving a significant milestone of 1 GW in installed wind energy capacity.

Radiance secures 132.5 MWp of N-Type Topcon modules from Waaree

Radiance Renewables has placed an order for 132.5 MWp of N-Type Topcon solar modules with Waaree Energies, showcasing a strategy focused on optimizing energy performance and economic outcomes in the C&I segment.
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The Ecopetrol refinery in Cartagena hosts a 23 MW solar power plant built by PowerChina and equipped with JA Solar modules, showcasing a hybrid energy model applied to the oil industry.
The Sri Lankan government has canceled a power purchase agreement with Adani, citing corruption concerns and criticism over the project’s costs. This decision marks a shift in the country’s energy policies under the new administration.

New European Environmental Score Rules Reshape the Automotive Industry

Stricter environmental score criteria are imposing strategic changes on manufacturers, favoring local production and redefining the dynamics of the electric vehicle market in Europe.
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In 2024, the energy storage sector saw a 5% increase in total investments, reaching $19.9 billion. However, a notable shift is evident with a decline in venture capital funding and a rise in debt and public market financing.
In Davos, Patrick Pouyanné, CEO of TotalEnergies, highlighted the challenges faced by the European green industry amid Chinese and U.S. competition, urging the EU to adjust its policies to support investments.

The United States Falling Behind in Wind Energy: A Risk of Losing Ground to China

The United States, with only 10% of its electricity generated by wind in 2023, risks being surpassed by China, according to a report from the think tank Ember. Europe, on the other hand, is making significant progress.
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Despite a historic drop in solar module prices, the top ten global manufacturers show remarkable resilience. Their production capacity is sufficient to meet annual global demand, according to Wood Mackenzie.
Africa’s leading oil producer, Nigeria, relies on new partnerships to finance its infrastructure, diversify its markets, and integrate nuclear, solar, and gas projects into its growth strategy.
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