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JERA signs seven-year LNG supply deal with Hokkaido Gas

Japanese power producer JERA will deliver up to 200,000 tonnes of liquefied natural gas annually to Hokkaido Gas starting in 2027 under a newly signed long-term sale agreement.

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.

Tokyu invests in 800 low-voltage solar plants through strategic partnership

Japanese conglomerate Tokyu teams up with Global Infrastructure Management and Clean Energy Connect to build 800 low-voltage solar plants totalling 70MWDC, under an off-site power purchase agreement for its facilities.
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Cadeler secures two offshore contracts worth €500mn in wind energy

Danish group Cadeler has signed two contracts for the transport and installation of offshore wind turbine foundations and units worth a combined €500mn, subject to a final investment decision by the client.

Uniper shuts down Karlshamn-2 after failure of Swedish winter backup scheme

The shutdown of Karlshamn-2 removes 335 MW of heavy fuel oil capacity from southern Sweden, exposing the limits of a strategic reserve model approved but inoperative, and increasing pressure on winter supply security.

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.
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Girasol Energy launches grid-scale storage aggregation with two projects in Japan

Girasol Energy begins grid-scale battery aggregation with two facilities totalling 4MW in Japan, marking a strategic expansion into balancing markets.

General Oyster to invest ¥800mn to strengthen its solar portfolio

The Japanese oyster producer is investing in both resale and construction of photovoltaic plants, evenly splitting resources to consolidate its GO Store subsidiary's position in the domestic solar market.

The “Belém 4x” pledge targets global sustainable fuels surge by 2035

Nineteen countries, led by Brazil, Italy, Japan and India, aim to quadruple sustainable fuel production by 2035, marking a major industrial and regulatory challenge for global energy and transport supply chains.
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JERA launches environmental assessment for 2.6GW gas plant project in Sodegaura

The Japanese energy group plans to replace four steam turbines at its Sodegaura site with three combined-cycle gas turbines, with full commissioning targeted for 2041.

Daiwa, Fuyo and Astmax commission 100MWh battery storage system in Sapporo

Daiwa Energy & Infrastructure, Fuyo General Lease and Astmax have commissioned a 50MW/100MWh battery storage station in Sapporo, marking their entry into Japan’s large-scale energy storage market.

Sonnedix launches 125MWh storage project at its Oita solar plant

Sonnedix has started construction on a 125MWh battery storage system at its 30MWAC Oita solar site, with commercial operation planned for November 2026 and a JPY21.4bn ($142mn) financing secured.
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Tamagawa Energy acquires 2MW storage project in Japan for JPY690mn

Tamagawa Energy has completed the acquisition of a 2MW/8MWh battery site in Kagoshima for JPY690mn ($4.57mn), marking its entry into grid-scale storage.

South Korea under industrial pressure over emissions targets deemed unrealistic

South Korean refiners warn of excessive emissions targets as government considers cuts of up to 60% from 2018 levels.

Tokyo Asset Solution deploys 13.2MWh of storage in Tokyo and Kumamoto

Tokyo Asset Solution invests in two storage projects, including a standalone site in the Japanese capital, marking its entry into the large-scale sector with national and international partners.
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Vestas boosts quarterly profit and announces €150mn share buyback

The Danish wind turbine manufacturer doubled its net profit in the third quarter despite complex market conditions, supported by increased onshore deliveries and order growth.

Mitsubishi Gas Chemical secures 1mn tonnes of low-carbon methanol from Transition Industries

Transition Industries signed a long-term purchase agreement with Mitsubishi Gas Chemical for the annual supply of 1mn tonnes of ultra-low carbon methanol starting in 2029, from its Pacifico Mexinol project in Mexico.

HD Renewable Energy accelerates in Australia and Japan with 6.1GW of solar and battery projects

Taiwanese company HD Renewable Energy is expanding internationally with major solar and battery storage projects in Australia and Japan, targeting more than 6 gigawatts of installed capacity by 2028.
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Toshiba and GE Vernova partner to reduce emissions from gas-fired plants in Asia

Toshiba and GE Vernova have signed a memorandum of understanding to deploy integrated CO2 capture solutions in combined-cycle gas plants in Asia, reinforcing a long-standing industrial partnership.

The liquid hydrogen micro-storage systems market to reach $738.6mn by 2034

Driven by aerospace, industrial gas, and hydrogen investment, the global liquid hydrogen micro-storage systems market is projected to grow 9% annually through 2034.

Shimane 2: Restart after 13 Years of Shutdown

The Shimane 2 nuclear power plant in Japan resumed operations on December 7 after 13 years of inactivity. This second boiling water reactor marks a significant milestone in the country's energy revitalization.

BP and JERA form a strategic joint venture to become a global leader in offshore wind energy

BP and JERA join forces to create JERA Nex BP, a joint venture aimed at developing a 13 GW offshore wind project portfolio. This strategic initiative reflects a disciplined growth model while strengthening their presence in Europe and Asia-Pacific.

Switzerland: The Beznau Nuclear Power Plant to Shut Down Permanently by 2033

The Beznau nuclear power plant, the oldest in Europe, will cease operations in 2033 according to its operator, Axpo. Greenpeace Switzerland demands an immediate shutdown to reduce environmental risks and prioritize renewable energy sources.
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No Offers for Denmark’s Largest Offshore Wind Farm

Despite its 6 GW potential, Denmark’s largest offshore wind project received no offers during the auction. This setback highlights the economic challenges facing the European wind energy sector.

Norwegian gas exports to Europe increase by 2% in November

In November, Norwegian pipeline gas deliveries to Northwest Europe rose by 2% compared to October, reaching 9.8 billion cubic meters, while remaining slightly below last year’s levels.

European Biomethane Reaches 7% of Natural Gas Demand in 2023

Biogas and biomethane production in the EU reached 22 billion cubic meters in 2023, representing 7% of total natural gas consumption. This growth, driven by massive investments, could revolutionize Europe's energy sector.
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China Records Its Hottest Autumn Since 1961, with Record Temperatures

With a 1.5°C increase over the historical average, China experiences its hottest autumn since 1961. This phenomenon illustrates the growing impacts of climate change on the country and raises global concerns.

AI and Energy: Challenges and Solutions Discussed in Paris

In Paris, an unprecedented conference organized by the International Energy Agency (IEA) brings together experts, industry leaders, and tech giants to explore the promises and challenges of artificial intelligence in addressing climate urgency and rising energy demands.

Japan: Toho Studios Adopts Hydrogen Zero-Emission Electricity

JERA and Toho Studios inaugurate the first commercial use of electricity generated from hydrogen zero-emissions in Japan, a step toward 100% carbon-neutral film production.
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Japan Boosts LPG Purchases While South Korea and China Resell Surplus

Japan increases liquefied petroleum gas (LPG) imports for winter, while South Korea and China resell their surplus on the Asian market.

Orano raises its 2024 forecasts thanks to nuclear contracts with Japan

The French group Orano adjusts its 2024 sales forecast to €5.8 billion, one billion more than previously expected, following contracts for the repatriation of Japanese nuclear waste stored in France.

COP29: The Future of Carbon Markets Under Article 6 Between Hope and Challenges

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.
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Appointment of European Commissioners: A Contrasted Vision on Nuclear Energy

The European Commission welcomes a new team of commissioners tasked with shaping energy policy. However, the absence of strong nuclear advocates in key positions raises questions about the future of this energy source in the Union.

Hydrogen Leaks: A Critical Challenge Highlighted by the OIES Report

Hydrogen Leaks: A Critical Challenge Highlighted by the OIES Report

Australia Introduces Bill to Boost Renewable Hydrogen Production

Australia unveils a $1.30/kg tax credit for renewable hydrogen to attract private investment and accelerate the transition to a carbon-neutral economy.
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VLGC freight rates remain low despite Panama Canal recovery

The easing of Panama Canal constraints and growing liquefied petroleum gas (LPG) fleet have kept Very Large Gas Carrier (VLGC) freight rates at historically low levels, with uncertain market prospects ahead.

Kogas and Japanese Buyers: No Use of Gazprombank for Sakhalin 2 LNG Imports

Kogas and several Japanese LNG buyers confirmed they do not use the Russian bank Gazprombank, sanctioned by the United States, for transactions related to the Sakhalin 2 project, ensuring no impact on their imports.

Canada’s Low-Carbon Ammonia Exports Face Challenges Similar to LNG

The development of low-carbon ammonia in Canada, aimed at the Asian market, faces regulatory and logistical hurdles reminiscent of those encountered by LNG projects, raising concerns about economic and operational feasibility.
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The Growth of the Petrochemical Market: Increasing Demand for Polymers in Key Industries

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.

Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy project

Clean Hydrogen Works awards McDermott the front-end engineering and design (FEED) contract for the Ascension Clean Energy (ACE) project in Louisiana, aiming to produce 2.4 million metric tons of clean ammonia annually.