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Jindal signs 15-year contract to upgrade Hwange thermal power plant
Zimbabwe awards India’s Jindal Steel a $455mn contract to add 400 megawatts, or 20% of national demand, through the rehabilitation of its coal-fired Hwange plant.
SECI launches tender for power trading platform with five-year maintenance support
India’s public sector SECI seeks to outsource the design and management of an energy trading software platform, including technical support and human resources for five years at its New Delhi headquarters.

India launches tender for 1 GW of renewable power with battery storage

The Solar Energy Corporation of India has opened a tender to purchase 1 GW of excess electricity from projects connected to the interstate grid, combined with battery storage systems.
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Russia provides $9bn for Turkey’s Akkuyu nuclear power plant
Ankara confirmed new Russian funding for the Akkuyu project, Turkey’s first nuclear site, strengthening its energy ties with Moscow and advancing its domestic nuclear ambitions.
Sembcorp completes acquisition of 300 MW solar plant in India
Sembcorp Industries has completed the purchase of ReNew Sun Bright, strengthening its solar presence in India with a 300 MW project located in Rajasthan.

US oil blockade on Venezuela disrupts maritime shipments

Interceptions of ships linked to Venezuelan oil are increasing, pushing shipowners to suspend operations as PDVSA struggles to recover from a cyberattack that disrupted its logistical systems.
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Global wind industry suffers historic downturn in 2025 despite Chinese resilience
Policy reversals, reduced performance and corporate disengagement marked an unprecedented slowdown in wind power in 2025, although China continued its expansion at a steady pace.
Nexans sells Autoelectric to Motherson for €207mn, completing its strategic shift
French group Nexans initiates the sale of its Autoelectric subsidiary to India’s Motherson for €207mn ($227mn), marking its full exit from non-electrification activities.

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.
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CNOOC launches ninth offshore project in 2025 in the South China Sea
Chinese oil group CNOOC continues its expansion strategy with a new production start-up in the Pearl River Basin, marking its ninth offshore launch in 2025.
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.

Kenya launches grid reform to meet the rise of economic zones

Facing a rapid increase in demand across industrial corridors, the Kenyan government is restructuring its power grid to accelerate connections, reduce technical losses and integrate new digital tools.
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Shanghai Electric launches 625 MW upgrade to strengthen Iraq’s power grid
Shanghai Electric begins a combined-cycle expansion project across four Iraqi provinces, aiming to boost energy efficiency by 50% without additional fuel consumption.
SECI partners with Global Energy Alliance to accelerate India’s grid modernisation
Solar Energy Corporation of India signed a strategic agreement with Global Energy Alliance to strengthen grid resilience and support the expansion of storage and smart management technologies.

AM Green and Mitsui sign agreement for green aluminium complex in India

Indian group AM Green has signed a memorandum of understanding with Japanese conglomerate Mitsui to co-finance a one million tonne per year integrated low-carbon aluminium production platform.
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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.

Egypt launches $220mn solar complex in the Suez Canal zone

The ATUM Solar industrial complex, located in Ain Sokhna, will include three factories—two of 2 GW capacity—backed by a $220mn investment from an international consortium.
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Indonesia targets $92bn to green its industrial power generation by 2050
Indonesia plans $31bn in investments by 2030 to decarbonise captive power, but remains constrained by coal dependence and uncertainty over international financing.
Venezuelan oil: Caracas maintains exports despite US naval blockade
The Venezuelan national oil company has confirmed the continuity of its crude exports, as the United States enforces a maritime blockade targeting sanctioned vessels operating around the country.
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Jindal signs 15-year contract to upgrade Hwange thermal power plant
Global wind industry suffers historic downturn in 2025 despite Chinese resilience
Harbour Energy acquires LLOG Exploration for $3.2bn to boost reserves
SECI launches tender for power trading platform with five-year maintenance support
Fukushima wind power milestone as Kagurayama begins operations
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.
AI.net seals partnership with CATL for 1GWh of grid-scale batteries
Japanese company AI.net has signed a supply deal with China’s CATL for 1GWh of lithium-ion batteries, marking its entry into large-scale energy storage with a target of 500MW by March 2028.

Singapore invests heavily in civil nuclear power and regional energy networks

Singapore strengthens its energy strategy through public investments in nuclear, regional electricity interconnections and gas infrastructure to secure its long-term supply.
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Why lithium-ion battery technology maintains such dominance
Despite the emergence of new storage technologies, lithium-ion batteries retain a dominant position thanks to industrial leadership, improved performance and a high geographic concentration of production capacity.
Air Liquide acquires NovaAir to expand its industrial network in India
Air Liquide signs agreement to acquire NovaAir, strengthening its presence in India’s industrial gas market by expanding its national footprint.

COOEC wins $4bn QatarEnergy offshore field development contract

COOEC has signed a $4bn EPC contract with QatarEnergy to develop the offshore Bul Hanine oil field, marking the largest order ever secured by a Chinese company in the Gulf.
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Clenergy restructures leadership to support global and Australian growth
Clenergy has appointed Haydn Fletcher and Samir Jacob to strategic positions to strengthen its operations in Australia and internationally, amid targeted commercial expansion.
Rio Tinto deploys electric trucks with swappable batteries in Mongolia
Rio Tinto commissions eight electric haul trucks with swappable batteries at the Oyu Tolgoi copper mine in partnership with Chinese company SPIC Qiyuan.

Envision Energy launches Gen 8 platform with modules up to 12 MWh

Envision Energy launches the Gen 8 platform, a modular storage range from 6 to 12 MWh, aiming to optimise energy density, logistical flexibility, and profitability for large-scale projects.
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Baker Hughes reports $8.2bn in orders in Q3 despite net income decline
Baker Hughes recorded a 23% increase in orders in Q3 2025, driven by its gas segment, while net income fell 20% year-on-year to $609mn.
Shanghai Electric signs 342 MW deal with Econergy in Romania
Shanghai Electric has signed phase II of the Parau photovoltaic project with Econergy, expanding its Romanian solar portfolio to 550 MW.

Reliance reconfigures Jamnagar to prove the origin of fuels bound for the EU

The Indian refiner segments campaigns, strengthens documentary traceability and adjusts contracts to secure certified shipments to the European Union, while redirecting ineligible volumes to Africa and the Americas based on market conditions.
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Indonesia Energy signs agreement with Aquila Energia for hybrid projects in Brazil
Indonesia Energy Corporation partners with Aquila Energia to develop two pilot projects combining solar and natural gas to power data centres in Brazil, under a non-binding framework supported by both governments.
BAK Battery industrialises semi-solid batteries with 390Wh/kg output
BAK Battery presented in Chongqing its semi-solid batteries ready for industrialisation, with cells reaching up to 390Wh/kg, confirming its strategy focused on scenario-specific adaptation and mass production.

Eni raises 2025 targets after 54% surge in quarterly net profit

Eni's net profit rose to €803mn in the third quarter, supported by a 6% increase in production despite falling crude prices.
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The EU sanctions CNPC units as ESPO pipeline flows remain stable
The European Union targets a trading subsidiary and a refinery linked to China National Petroleum Corporation, tightening access to financial and insurance services without disrupting pipeline deliveries, with reallocations expected in settlements, insurance, and logistics. —
Single-axis solar reaches $37/MWh in Middle East and Africa in 2025
The levelised cost of solar electricity continues to fall globally, reaching a regional record of $37/MWh in the Middle East and Africa thanks to tracker technologies, according to the latest market data.

India redirects its diesel to Africa and Brazil ahead of 2026

Traceability requirements from the EU (European Union) on fuel origin are reshaping Indian refined flows, with a shift toward Africa and Brazil supported by local premiums and a decline in Russian exports.
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Washington hits Rosneft and Lukoil, EU tightens, Brent climbs
U.S. sanctions targeting Rosneft and Lukoil trigger a rebound in oil, while the European Union prepares a clampdown on liquefied natural gas and maritime logistics, with immediate repercussions for markets and Russia’s export chain.
UNEP, EU and Japan frame methane: 12% responses, LNG under pressure
Rising responses to UNEP’s satellite alerts trigger measurement, reporting and verification clauses; the European Union sets import milestones, Japan strengthens liquefied natural gas traceability; operators and steelmakers adjust budgets and contracts.
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