France

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.
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.

The aviation fuel market projected to reach USD 751 billion by 2032

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.
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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.
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 secures 20 Radiant microreactors and a nuclear deal in the Netherlands

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.
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Beijing opposes the possible return of European trio sanctions against Iran, as the nuclear deal deadline approaches and diplomatic tensions rise around Tehran.
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 invests $168mn to acquire 64% stake in EDF’s subsidiary Exaion

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.
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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.
International Petroleum Corporation repurchased 98,900 common shares between August 4 and 8, 2025, as part of its ongoing share buyback programme.

Vantage Drilling completes sale of Tungsten Explorer to joint venture with TotalEnergies

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.
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The Gravelines nuclear power plant, the largest in Western Europe, halted all production after its cooling systems were obstructed by an unexpected influx of jellyfish. EDF plans a gradual restart in the coming days.
Entech will deliver a 20 MWh battery storage system in Loire-Atlantique under an agreement that includes a twenty-year maintenance contract.

IAEA Dispatches Envoy to Tehran to Negotiate New Nuclear Framework

A senior official from the UN agency begins technical discussions with Iran on Monday, the first meeting since June strikes on Iranian nuclear sites.
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Boralex saw its earnings before interest, taxes, depreciation and amortization fall by 13% in the second quarter of 2025, despite a 14% increase in production, due to less favourable prices in France and lower revenues from joint ventures.
Jihadist attacks in Cabo Delgado displaced 59,000 people in July, threatening the restart of the $20 billion gas project planned for August 2025.

Surveys for Kazakhstan’s first nuclear power plant enter active phase

Field studies to determine the location of Kazakhstan’s first nuclear power plant have begun near the village of Ulken, marking a key stage in a project led by Rosatom.
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Tesla retains the top position in the global battery storage market, but Sungrow moves within one point, revealing intensifying rivalries and a rapid reshaping of regional dynamics in 2024.
ConocoPhillips targets $5 bn in asset disposals by 2026 and announces new financial adjustments as production rises but profit declines in the second quarter of 2025.
The Moulins wind farm, made up of five turbines, was inaugurated on June 6 across three municipalities in the Douaisis region. It will generate €70,000 in annual tax revenue for local authorities.
The French Energy Regulatory Commission released its 2024 annual report, highlighting sustained activity on grid infrastructure, pricing, and evolving European regulatory frameworks.

Brussels launches call for input on its first fusion strategy

The European Commission opens a four-week consultation to define industrial and regulatory priorities for the EU’s first fusion energy strategy, expected by the end of 2025.
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The Belfort Commercial Court has opened a judicial reorganisation procedure for McPhy, while a renewed call for tenders for its asset sale is now set to close on 13 June.
The British government officially commits £14.2 billion to develop two EPR nuclear reactors in eastern England, in strategic partnership with the French group EDF, with a final investment decision expected shortly.

Brazil activates 27 rare earth projects to secure its supply chain

With 27 ongoing projects across seven states, Brazil seeks international funding to develop its rare earth reserves and reduce reliance on China.
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With trading volumes five times higher than all other European markets combined, the Dutch gas hub TTF asserts itself in 2024 as a global benchmark, attracting traders, investors, and speculators far beyond Europe.
The partnership targets the development, construction and operation of over 500 MW of battery energy storage systems in France, with 200 MW nearing the construction phase.

France targets 4.5 GW of decarbonised hydrogen despite limited public support

The Cour des comptes warns of the gap between France’s hydrogen ambitions and the reality of funding and available industrial capacity.
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French group Vallourec announces the integration of Thermotite do Brasil, enhancing its industrial capabilities in Brazil for offshore pipeline coating services.
The new CEO of EDF, Bernard Fontana, aims to achieve €1 billion in operational cost savings for the French energy giant by 2030, prioritizing industrial contracts and the national nuclear sector.

Vermilion Energy sells U.S. assets for $87.88mn and adjusts its forecasts

Vermilion Energy is exiting the U.S. market permanently by selling its assets for C$120mn ($87.88mn), refocusing its operations on Canada and Europe while reducing its debt and investment budget.
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In 2024, renewable energies covered 33.9% of electricity consumption in metropolitan France, driven by increased hydropower output and solar capacity expansion.
The French Energy Regulatory Commission (CRE) has announced its strategic guidelines for 2030, focusing on the energy transition, European competitiveness and consumer needs.

Provence Grand Large: full commissioning of France’s first floating offshore wind farm

France’s first floating wind farm, Provence Grand Large, located off the Gulf of Fos, has been commissioned with a 25 MW capacity, supplying the equivalent annual electricity consumption of 45,000 people.
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Vallourec announces the official qualification of its vertical hydrogen storage solution Delphy by DNV, marking a decisive step towards the commercialisation of this innovative technology.
The Cour des comptes is calling on the French government to speed up efforts to locate storage sites for over 280,000 m³ of long-lived radioactive waste, which currently lacks an operational solution.

France: Nuclear revival rejected after amendment error

The French National Assembly’s Economic Affairs Committee mistakenly rejects a crucial article on France's nuclear strategy, causing significant parliamentary confusion and casting doubt on the country’s energy targets.
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Due to insufficient industrial backing, Global Bioenergies has launched a pre-pack sale process amid high bank debt and limited liquidity. Offers must be submitted by 9 July.
The La Gineste park, jointly developed by Q ENERGY and Velto Renewables, has a capacity of 9 MWc and marks a strengthening of the business partnership between the two companies in the Occitanie region.
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