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European Investment Bank grants €90mn to modernise Olkiluoto

Finland’s Olkiluoto nuclear plant will receive a €90mn ($104mn) loan from the European Investment Bank to upgrade units I and II as part of a programme aiming to extend their operational lifespan.

Korkia and Evolution Power secure approval for 250 MW solar project in the UK

The UK government has authorised the construction of the Stonestreet Green Solar project, combining 150 MWp of solar capacity and 100 MW of battery storage, marking a major step for Korkia and Evolution Power’s infrastructure portfolio.

Kazakhstan begins negotiations to export uranium to Finland

Talks are underway between Astana and Helsinki to consider the delivery of Kazakh uranium for Finnish nuclear power plants, amid efforts to diversify energy export markets.
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Brussels renews push to end daylight saving time over energy inefficiency

The European Commission is reviving efforts to abolish daylight saving time, supported by several member states, as the energy savings from the practice are now considered negligible.

Vantaan Energia selects Elisa Industriq to optimise 10 MW battery in Finland

Finnish energy company Vantaan Energia has selected Elisa Industriq’s Gridle service to operate its new energy storage system in Rekola, supporting national grid flexibility.

Finland leads race to host first Nordic fusion reactor, report finds

A technical study commissioned by Novatron Fusion Group identifies Finland as the most prepared country to host a fusion reactor, despite favourable conditions across the Nordic region.
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Chevron appoints former TotalEnergies executive to lead African exploration

US-based Chevron appoints Kevin McLachlan, a veteran of TotalEnergies, as its global head of exploration, in a strategic move targeting Nigeria, Angola and Namibia.

Nala Renewables acquires 250 MW storage portfolio in Finland

Nala Renewables strengthens its position in Finland with the acquisition of a battery energy storage portfolio exceeding 250 MW from Swiss developer Fu-Gen AG.

Denmark strengthens maritime controls at Skagen Strait amid Russian shadow fleet activity

Denmark is intensifying inspections of ships passing through Skagen, a strategic point linking the North Sea and the Baltic Sea, to counter the risks posed by the Russian shadow fleet transporting sanctioned oil.
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Copenhagen Infrastructure Partners launches 200 GWh bioLNG project in Finland

Copenhagen Infrastructure Partners invests in Nivalan Biokaasu, Finland’s largest bioLNG plant, with construction set to begin in late 2025 and operations scheduled for 2027.

Exxon requests security guarantees for Mozambique gas project

Exxon is seeking direct support from the Mozambican government to secure its Rovuma LNG project, as Islamist violence continues to hinder investment in the country’s north.

Half of Europe’s power grid exposed to blackout risks

Up to 55% of Europe’s electricity system remains vulnerable due to weak interconnection capacity, increasing the risk of widespread outages in several countries, according to a new report.
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Uganda builds 2 million barrels of storage to boost oil sector

Backed by flagship projects linked to EACOP and the Tilenga and Kingfisher fields, Uganda aims to lead Africa in new oil storage additions, with a projected impact on its revenues and financial flows by 2030.

Finland criticises Hungary and Slovakia over Russian oil purchases

Finnish President Alexander Stubb denounced fossil fuel imports from Russia by Hungary and Slovakia as the EU prepares its 19th sanctions package against Moscow.

ABO Energy cuts costs and accelerates wind project sales

ABO Energy maintains its annual targets despite a drop in half-year profit, relying on cost-cutting measures and early project sales to secure cash flow.
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CEA considers deploying a small Calogena nuclear reactor in Cadarache

The French Atomic Energy Commission has signed a letter of intent with start-up Calogena to study the installation of a 30 MW thermal small nuclear reactor at its Cadarache site.

ABO Energy and Hydropulse launch strategic alliance in green hydrogen

ABO Energy and Hydropulse join forces to develop decentralised green hydrogen production units in Europe, with Spain and Finland as priority markets.

Valorem inaugurates 313 MW wind farm in Finland with 1 TWh annual output

French group Valorem has commissioned the ViIatti wind complex in Finland, made up of two farms totalling 313 MW and an estimated annual output of 1 TWh.
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Symbion commits $700 M for methane power plant tied to DRC-Rwanda peace deal

Symbion Power announces a $700 M investment for a 140 MW plant on Lake Kivu, contingent on full enforcement of the cease-fire signed between the Democratic Republic of Congo and Rwanda.

Valmet signs a national agreement to provide valve services to Petrobras

Valmet will supply and maintain Petrobras’ Neles™ valves across all its operations in Brazil under a one-year contract renewable for up to five years.
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Uganda: 21 activists arrested during a march against the EACOP project

In Uganda, 21 activists were arrested in Kampala for protesting against the EACOP oil project, backed by international players, highlighting the economic and geopolitical tensions surrounding this initiative.

Energiequelle joins forces with Brandpower to accelerate expansion in Austria

Énergiequelle GmbH and Brandpower Windkraft GmbH & Co KG sign an agreement to strengthen their presence in the Austrian renewable energy market.

Uganda steps up oil exploration on its territory

Uganda is stepping up exploration in the Moroto-Kadam and Kyoga basins, aiming to boost its reserves to 6.5 billion barrels of oil, a strategic move to solidify its position in the energy industry.
Exploration-petroliere-Ouganda

Fortum: Nuclear investments deemed unprofitable at current prices

Fortum, a major energy player in Finland, believes that electricity prices on the Nordic market are not sufficient to make new nuclear projects profitable, despite ambitions in Sweden and Finland.

Rwanda signs its first SMRs with Nano Nuclear Energy

Rwanda strengthens its energy strategy with an agreement to develop modular nuclear reactors (SMR), positioning the country at the forefront of nuclear innovation in Africa.

47 activists arrested in Uganda in opposition to TotalEnergies project

The crackdown on opponents of TotalEnergies' oil project in Uganda intensifies, with the arrest of 47 students protesting against the environmental risks associated with the EACOP pipeline.

Lithuania: Selection of 77 Sites for a Geological Repository for Nuclear Waste

Lithuania has identified 77 potential sites for the geological disposal of nuclear waste. The final decision is expected in 2047.

Rwanda: Scatec sells an 8.5MW solar power plant for USD 1.38 million

Scatec ASA concludes the sale of its 54% stake in a solar power plant in Rwanda to Fortis Green Fund I Rwanda Holdings Ltd and Axian Energy Green Ltd for 1.38 million USD. Scatec ceases operations in Rwanda.

TotalEnergies acquires hydroelectric projects in Africa

TotalEnergies signs an agreement with Scatec, a Norwegian renewable energy company, to acquire 100% of **SN Power**, including interests in hydroelectric projects in Africa. This strategic transaction is designed to support the continent's energy transition.
centrale hydroélectrique de Bujagali, Ouganda

EU sanctions on Russian LNG: Consequences and challenges for Europe

The EU has adopted sanctions against Russian LNG, impacting transshipment operations and the supply of technology, with major implications for the European energy market, according to a report by Oxford Energy.

Origin approves second phase of Eraring power plant battery

Origin Energy validates a $450 million investment to develop the second phase of the Eraring power station battery, aimed at boosting energy storage and grid stability in Australia.
Batterie Eraring phase deux approuvée

UN warns of the environmental impact of the digital economy

Digitization, while essential for economic growth, also has worrying environmental repercussions. The UN calls for sustainable policies to manage this boom.
Impact environnemental de la numérisation

Germany: 100 TWh of green hydrogen imported via pipelines by 2035

A study reveals that Germany could import up to 100 TWh of green hydrogen per year via pipelines by 2035, meeting a significant proportion of its projected energy demand.
Importation d'hydrogène vert Allemagne

Europe: Only four states have finalized their 2030 climate plans

Only four of the EU's twenty-seven member states have submitted their updated roadmaps for achieving the 2030 climate targets. France is one of the laggards.
Objectifs climatiques de l'UE

Europe struggles to meet its rare earth targets

Europe is struggling to increase its production of the rare earths needed for the energy transition, but faces many challenges in meeting its ambitious targets.
L'Europe peine à atteindre ses objectifs en terres rares.

ENGIE Energy Access deploys 15 Solar Mini-Grids in Zambia

ENGIE Energy Access is preparing to deploy 15 solar mini-grids in Zambia's Eastern Province, with a target of 60 installations by 2025. This project, financed by the European Development Fund and the European Union, aims to improve access to electricity for local families and small businesses.
ENGIE Energy Access Déploie 15 Mini-Réseaux Solaires en Zambie.

Gasum halts Russian LNG imports following EU sanctions

Gasum will stop importing Russian LNG from July, following new European sanctions targeting Russian gas exports.
Cessation importations GNL russe

Neoen inaugurates its first solar farm in Canada: Fox Coulee in Alberta

Neoen launches Fox Coulee solar farm in Alberta, strengthening its presence in the Canadian energy market
Neoen ferme solaire Alberta

VSB Finland Launches 450 MW Hybrid Project in Finland

VSB Finland is starting to implement the Puutionsaari hybrid wind farm, combining wind and solar power for a total capacity of 450 MW, marking a major step forward in Europe's energy transition.
Projet hybride éolien-solaire VSB

EU Invests in Framatome’s VVER-440 Fuel Development

EU invests 10 million euros to develop a European fuel solution for VVER reactors run by Framatome, boosting energy security.
Diversification combustible nucléaire Europe
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