Greece

Technique Solaire secures €40mn junior debt to support 392 MWp in projects

Technique Solaire has secured €40mn ($43.5mn) in junior debt from BNP Paribas Asset Management to structure two solar portfolios totalling 392 MWp across France, Spain and the Netherlands.

Jinhong Gas invests in Spain with a strategic cryogenic unit

Chinese group Jinhong Gas finalises a new industrial investment in Spain, marking its first European establishment and strengthening its global strategy in the industrial gas sector.

BW Ideol secures up to €74mn for concrete floater plant in Fos-sur-Mer

The European Commission has selected BW Ideol’s Fos3F project for a grant of up to €74mn, targeting the construction of a concrete floater plant for floating wind turbines at the industrial site of Fos-sur-Mer.
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Venture Global signs 20-year deal to supply LNG to the Balkans via Greece

Venture Global has signed a liquefied natural gas sales agreement with Atlantic-See LNG Trade S.A., a newly formed Greek joint venture, to supply 0.5 million tonnes annually starting in 2030, reinforcing regional energy security.

ExxonMobil takes 60% stake in gas exploration permit in Greece’s Ionian Sea

ExxonMobil joins a Greek energy consortium to explore a gas field in the Ionian Sea, strengthening its presence in the Eastern Mediterranean after Chevron, amid post-Russian energy diversification efforts.

TotalEnergies provides 610 GWh of renewable electricity to Data4 for its data centers in Spain

TotalEnergies has signed a ten-year agreement with Data4 to supply its Spanish data centers with renewable electricity, with a total volume of 610 GWh starting from January 2026. The agreement relies on a 30 MW capacity.
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Le TAP augmente ses nominations de gaz aux interconnexions européennes clés

Les nominations du Trans Adriatic Pipeline progressent à Melendugno, Nea Mesimvria et Komotini, signalant davantage d’offre pipeline et une flexibilité accrue pour les expéditeurs face aux arbitrages avec le gaz naturel liquéfié.

CNAT requests a three-year extension for Almaraz I and II

Centrales Nucleares Almaraz-Trillo has officially requested the extension of operations for reactors Almaraz I and II until 2030, challenging the original timeline for the shutdown of Spain’s nuclear fleet.

EU bans Russian LNG, Arctic bottlenecks and clauses under strain

The gradual ban on Russian cargoes reshapes European flows, increases winter detours via the Northern Sea Route and shifts risk toward force majeure and “change of law,” despite rising global capacity. —
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Siemens and RIC Energy join forces to accelerate renewable hydrogen in Spain

RIC Energy and Siemens have signed a strategic agreement to develop industrial projects in renewable hydrogen, sustainable aviation fuel, and green ammonia, focusing on two key sites in Spain.

Repsol posts 34% profit drop over nine months despite UK operations

The Spanish oil group reported a net profit of €1.18bn over the first nine months of 2025, hit by unstable markets, falling oil prices and a merger that increased its debt.

TotalEnergies and Shell boost profits despite falling oil prices

Third-quarter results show strong resilience from European majors, supported by improved margins, increased production and extended share buyback programmes.
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Naturgy posts €1.67bn net profit and maintains full-year target

With a 5.6% increase in net profit over nine months, Naturgy expects to exceed €2bn in 2025, while launching a takeover bid for 10% of its capital and engaging in Spain’s nuclear debate.

Iberdrola to pay €1.7bn interim dividend to shareholders in January

Iberdrola has confirmed a €0.25 per share interim dividend in January, totalling €1.7bn ($1.8bn), up 8.2% from the previous year.

Iberdrola installs its first offshore HVDC station in the United Kingdom

Iberdrola has installed the high-voltage direct current converter station for its East Anglia THREE wind farm, marking a key milestone in a €5 billion project.
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Galp Energia posts 53% quarterly profit surge driven by gas and refining

Portugal’s Galp Energia reported an adjusted net profit of €407 million in Q3, driven by higher refining margins and strong contribution from liquefied natural gas.

Voltalia posts 31% growth driven by booming services segment

Voltalia's Q3 2025 revenue rises to €164.7mn, fuelled by a sharp increase in services activity, while energy sales decline due to currency effects and lower prices.

Chevron and Helleniq Energy secure four offshore exploration permits in Greece

The Greek government has selected a consortium led by Chevron to explore hydrocarbons in four maritime zones in the Ionian Sea and south of Crete, with geophysical surveys scheduled to begin in 2026.
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Almaraz operators request extension beyond 2028

Endesa, Iberdrola and Naturgy have officially requested the Spanish government to delay the closure of the Almaraz nuclear power plant, originally scheduled for 2028, reigniting the debate on nuclear power's role in the national energy mix.

Altano Energy raises €81mn to develop five hybrid projects in Andalusia

Altano Energy secured €81mn ($85.7mn) to construct two onshore wind farms and three photovoltaic plants in southern Spain, reinforcing its multi-technology generation strategy.

Amazon and Iberdrola strengthen their partnership with 476 MW of new contracts

Amazon and Iberdrola are expanding their energy partnership with the addition of 476 MW of new power purchase agreements (PPAs). These agreements span five countries and mark a first entry into Portugal, further consolidating their presence in the European market.

GRTgaz becomes NaTran to mark its energy transition

GRTgaz renames itself NaTran to highlight its commitment to transforming its gas networks, aiming to become a key player in the transport of decarbonized gas by 2030. This change in identity accompanies an ambitious project to address energy and climate challenges.

Ecoplanta: Repsol’s Project Reaches Key Milestone for Methanol Production from Waste

Repsol has approved the final investment decision for the Ecoplanta project in Spain. This innovative project, utilizing Enerkem's technology, aims to convert non-recyclable municipal waste into methanol, marking a step towards industrial decarbonization.
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Morocco: A €420 Million Project for a 990 MW Gas Power Plant

Morocco is investing in a 990 MW gas power plant, backed by local and international financing, to achieve strategic and economic objectives.

Masdar increases its capacity to 51GW and energizes its global expansions

Masdar grows from 20GW to 51GW in a short period. This trajectory relies on solar, wind, and storage deployments backed by substantial financing, targeting a much higher goal in the medium term.

Masdar boosts its capacity to 51GW through strategic acquisitions.

Masdar, supported by the United Arab Emirates, increased its energy capacity to 51GW in 2024, strengthening its global strategy through targeted acquisitions and key projects.
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Portugal welcomes Exus Renewables for a 130 MW solar project

Exus Renewables acquires the Cibele solar farm in Portugal, adding 130 MW to its European portfolio. This strategic transaction strengthens Portugal's solar ambitions and attracts international renewable energy investments.

Bosnia and Herzegovina welcomes Arctech for a 125-megawatt solar project

Arctech, in collaboration with NORINCO International, will equip a 125 MW solar project in Bosnia and Herzegovina, reflecting the region's renewable energy ambitions.

The 3-Billion-Euro France-Spain Electric Line Blocked by Activists

In the Landes region, activists are trying to halt the construction of a high-voltage power line connecting France and Spain, a project valued at 3 billion euros.
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Saudi Arabia awards NEM Energy a contract for a 1.3-gigawatt power plant

NEM Energy will supply heat recovery steam generators for a 1.3-gigawatt power plant in Saudi Arabia, expected to enhance the national energy efficiency by 2028.

The Development of Strategic Electric Interconnections

Electric interconnections have reshaped global energy systems, enabling cross-border cooperation and economic stability. Rooted in Oxford Energy Institute research, this piece highlights key agreements, technological milestones, and the diplomatic strategies driving these transformative infrastructures.

Germany Achieves 59% Renewable Electricity in 2024: A Historic Record

In 2024, Germany set a new record with 59% of its electricity produced from renewable sources, marking a key milestone after the complete shutdown of nuclear power. A balance of ecological progress and energy challenges.
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France sets electricity export record with 89 TWh in 2024

In 2024, France achieved an unprecedented net electricity export level of 89 TWh, driven by a restored nuclear production and strengthened renewable performance.

Italy, United States, and Africa Confirm 1342 MW in New Wind Energy Orders with Vestas

Vestas secures 1342 MW of wind energy orders across Europe, the United States, and Africa, driving renewable energy expansion globally.

Houthi: Drone Attack on a Maersk Ship off Yemen’s Coast

A Maersk vessel was struck by a drone attack claimed by Houthi rebels near Socotra, reigniting concerns over maritime security in the Red Sea amidst escalating regional tensions.
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Ukraine Receives Its First Shipment of American LNG

Ukraine, in its quest for energy independence from Russia, has received its first shipment of liquefied natural gas (LNG) from the United States. This marks a significant milestone in securing its energy supply.

Iberdrola Finalizes the Acquisition of Avangrid

Iberdrola completes the acquisition of the remaining 18.4% of Avangrid, an operation approved by US regulators. This $35.75 per share transaction marks a strategic milestone for its activities in the United States.

Spanish Parliament Rejects the Continuation of the Tax on Energy Companies

Spanish lawmakers rejected the continuation of an exceptional tax on energy companies, highlighting significant parliamentary disagreement and raising concerns about the future of investments tied to the country's energy transition.
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ABB strengthens its business strategy in renewable energy with the acquisition of Gamesa Electric

The Swiss-Swedish group ABB acquires strategic activities from Gamesa Electric, consolidating its business strategy in renewable energy through equipment for wind, solar, and storage.

Oil and gas producers lagging on net-zero goals

A Carbon Tracker study reveals that major global oil and gas players are struggling to align their strategies with the Paris Agreement, despite increasing risks related to energy transition and regulations.