France

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.
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.

Sinopec deploys 65,000 Sercel sensors for 3D seismic survey in Mexico

Chinese group Sinopec has launched a large-scale seismic imaging campaign across 3,000 km² in Mexico using nodal technology from Sercel, owned by Viridien, delivered in August to map areas with complex terrain.
en_11402608272540
French group Air Liquide strengthens its presence in Asia with the acquisition of South Korean DIG Airgas, a key player in industrial gases, in a strategic €2.85 billion deal.
Driven by grid flexibility demand and utility investments, the global containerized BESS market will grow at an annual rate of 20.9% through 2030.

France: the government asks EDF to reassess the sale of its subsidiary Exaion

The Ministry of Economy has asked EDF to reconsider the majority sale agreement of its technology subsidiary Exaion to the American group Mara, amid concerns related to technological sovereignty.
en_1140250829540
The European Union’s regulatory framework mandates green hydrogen integration in refineries, generating projected demand of 0.5 million tonnes by 2030.
Developer Qair secures a loan from the Facility for Energy Inclusion to build a 5.8 MWp floating photovoltaic solar plant in Providence Lagoon, the first utility-scale project of its kind in Seychelles.

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.
en_114019082025540
Energiekontor launches a €15 million corporate bond at 5.5% over eight years, intended to finance wind and solar projects in Germany, the United Kingdom, France, and Portugal.
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.

Petrobras negotiates to increase capacity of three FPSOs in Brazil

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.
en_1140180831540
SNF acquires Obsidian Chemical Solutions, a Texas-based SME specialized in chemical solutions for well completion. Transaction amount and conditions undisclosed, but the acquisition comes in a growing North American market.
Equinix signed a preorder for 20 Kaleidos nuclear microreactors and a letter of intent for a power purchase agreement with ULC-Energy, reinforcing its energy supply strategy for its data centers.

China rejects European threat to reinstate sanctions against Iran

Beijing opposes the possible return of European trio sanctions against Iran, as the nuclear deal deadline approaches and diplomatic tensions rise around Tehran.
en_1140170829540
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.
MARA strengthens its presence in digital infrastructure by acquiring a majority stake in Exaion, a French provider of secure high-performance cloud services backed by EDF Pulse Ventures.

Melvan secures €4.26mn for three photovoltaic projects in France

Melvan obtains €4.26mn in bank financing to develop three solar power plants totalling 3.9 MWp, with construction scheduled to start in the second half of 2025.
en_1140130829540
International Petroleum Corporation repurchased 98,900 common shares between August 4 and 8, 2025, as part of its ongoing share buyback programme.
Vantage Drilling has sold the Tungsten Explorer drilling vessel to a joint venture with TotalEnergies, while retaining its operational management for a minimum period of ten years.
The National Financial Prosecutor's Office is investigating suspicions of public fund misappropriation involving EDF. Material benefits were allegedly granted to its former executives without any legal framework over several years.
Serbia ends a 35-year moratorium on civil nuclear energy. This historic decision paves the way for nuclear power plants, marking a strategic shift for a country heavily reliant on coal.

Iran defies the IAEA by launching thousands of advanced centrifuges

Iran has activated thousands of advanced centrifuges to enrich uranium up to 60%, defying a recent resolution by the International Atomic Energy Agency (IAEA) criticizing its lack of cooperation.
en_1140633540
Russian President Vladimir Putin is welcomed in Kazakhstan to discuss major energy projects amidst international rivalries with China and the West.
In France, the Senate rejected a key measure in the 2025 budget bill, preventing an increase in electricity taxation. A cross-party decision that challenges the government’s budgetary objectives.

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.
en_1140612540
COP29 President Moukhtar Babaïev highlights the inflexibility of Northern countries and defends an agreement allocating $300 billion, though criticized as insufficient by Southern nations.
The communist group in the National Assembly relaunches work on nuclear tests in Polynesia, interrupted after the dissolution, to assess their health and environmental impacts and necessary reparations.

France: restart of the Gardanne biomass power plant scheduled for early 2025

The Gardanne biomass power plant, the largest in France, will resume operations in early 2025 following an agreement between GazelEnergie and the state, providing €800 million in funding and creating hundreds of jobs.
en_1140602540
The French Energy Regulatory Commission (CRE) issues recommendations to reduce economic losses caused by negative electricity prices, a growing phenomenon in 2024 resulting from an oversupply of electricity compared to demand.
The French renewable energy producer Neoen adjusts its 2024 adjusted EBITDA forecast downward, as a result of delaying a key asset sale in Australia to 2025.

ABO Energy concludes the sale of two battery projects in South Africa

ABO Energy sold two stand-alone battery projects to Électricité de France (EDF), enhancing local energy storage capacity with a total of 616 MWh. A decisive step for stabilizing South Africa’s power grid.
en_1140595540
Jean-Laurent Bonnafé, CEO of BNP Paribas, criticizes the European CSRD directive, calling it a "bureaucratic delusion." This regulation imposes extra-financial obligations on companies, raising issues for European energy policy.
In response to corruption accusations against Adani executives, TotalEnergies announces the suspension of any new investments with its Indian partner while affirming that it is not involved in the alleged actions.

A 244 MW Solar Park: A First for the Baltic States

The Risti solar park in Estonia promises an energy revolution. Scheduled for 2026, it will power 55,000 households, integrate hybrid solutions, and support the local economy with unprecedented funding.
en_1140577540
Air Liquide commits to building a renewable hydrogen unit at La Mède, supporting TotalEnergies' efforts to reduce CO2 emissions and promote cleaner fuels in Europe.
COP29 marks a milestone for carbon markets with the adoption of crucial rules for Article 6 of the Paris Agreement. These advancements promise transparency and attractiveness for international carbon credits.

Iran: Intensifying Nuclear Capabilities Amid International Pressure

In response to IAEA criticism, Iran has activated new advanced centrifuges, escalating its nuclear program and heightening tensions with Western powers.
en_1140560540
EDF launches the construction of a biomass power plant in Ajaccio. This €800 million project aims to cover 20% of Corsica’s electricity consumption while reducing CO2 emissions by 65%.
The budget for the Heat Fund, threatened by budget cuts, will ultimately be preserved at 800 million euros in 2025, ensuring critical support for renewable heat projects in the regions.