India

Brookfield commits $5 billion in strategic partnership with Bloom Energy for AI factories

Brookfield will invest up to $5 billion in Bloom Energy's fuel cells to power future artificial intelligence factories, initiating the first phase of a dedicated global digital infrastructure strategy.

Ascent Solar delivers flexible PV cells for marine and orbital testing

Ascent Solar Technologies has delivered samples of its flexible photovoltaic technology to two companies for testing in extreme environments, at sea and in space.

Nano Nuclear begins drilling work for its KRONOS MMR™ microreactor

Nano Nuclear and the University of Illinois will begin drilling operations for the KRONOS MMR™ reactor on October 24, marking a key step toward commercialisation of the nuclear project on the Urbana-Champaign campus.
en_1140141050540

Geronimo Power launches $54mn, 150 MW solar construction project in Illinois

Geronimo Power has started construction of the Bee Hollow solar project, valued at $54mn, in St. Clair County, delivering jobs, tax revenue and a partnership with the IMEA municipal agency.

Calpine secures Texas Energy Fund loan for 460 MW peaking power plant

Calpine Corporation has finalised a public funding agreement to accelerate the construction of a peaking power plant in Freestone County, strengthening Texas’s grid response capacity during peak demand periods.

Greenflash acquires 200 MW battery storage project in Texas

Greenflash Infrastructure has finalised the acquisition of Rock Rose, a 200 MW energy storage project located in Fort Bend County, to strengthen its ERCOT market portfolio.
en_1140141061540

Natura Resources to deploy the first Gen IV nuclear reactor in the United States by 2026

Natura Resources is finalising construction of the MSR-1, an advanced liquid-fuel nuclear reactor, with a planned launch in 2026 on the Abilene Christian University campus.

JPMorganChase mobilises $1.5tn to support nuclear energy and critical supply chains

JPMorganChase commits $10bn in direct investments as part of a $1.5tn plan to boost energy independence and strategic technologies, including next-generation nuclear power.

Ukraine prepares legal framework to accelerate small modular reactor deployment

A roadmap under development aims to establish regulatory and technical foundations for the deployment of small modular reactors, with the goal of strengthening national energy security and attracting private capital.
en_1140141026540

Japanese LNG buyers accelerate flexible trading amid falling domestic demand

Faced with declining domestic consumption, Japanese liquefied natural gas (LNG) importers are ramping up commercial optimisation strategies and favouring shorter contracts to protect profitability.

Mongolia plans to launch its first oil refinery in 2028 with India’s support

India is funding Mongolia’s first oil refinery through its largest line of credit, with operations scheduled to begin by 2028, according to official sources.

Battery prices in Asia-Pacific drop to record lows through 2029

Utility-scale battery storage system costs continue to fall across Asia-Pacific, but the pace of reductions is expected to slow significantly by 2029, according to Wood Mackenzie projections.
en_1140141063540

Deep Isolation urges US states to include nuclear waste in reactor strategy

Deep Isolation is calling on First Mover States to incorporate radioactive waste management into their joint strategy to ensure the industrial viability of new nuclear reactors.

Low attendance of world leaders at COP30 despite climate and logistical urgency

The COP30 conference hosted in the Amazon by Brazil faces low participation from global leaders, amid geopolitical tensions and major logistical challenges.

Europe’s gas: summer storage sets a floor under TTF

European inventories curbed price declines as liquefied natural gas (LNG) supply expands and demand stays weak. Cargo arbitrage favours Europe, but winter will determine the equilibrium level. —
en_1140131042540

Unipec redirects supertanker to Ningbo after US sanctions

The New Vista vessel, loaded with Abu Dhabi crude, avoided Rizhao port after the United States sanctioned the oil terminal partly operated by a Sinopec subsidiary.

IsoEnergy acquires Toro Energy for $49mn, creating global uranium platform

Canada’s IsoEnergy will acquire Australia’s Toro Energy for AUD75mn ($49mn), creating a diversified uranium production platform with assets across Australia, Canada and the United States.

India invests $77 billion in large-scale hydroelectric plan amid China tensions

New Delhi plans to allocate INR6.4tn ($77bn) to develop transmission infrastructure for 76 GW of electricity from the Brahmaputra Basin by 2047, amid growing cross-border pressures.
en_1140131054540

JP Morgan Chase commits $1.5 trillion to critical minerals and industrial resilience

JP Morgan Chase has launched a $1.5 trillion, ten-year investment initiative targeting critical minerals, defence technologies and strategic supply chains across the United States.

Eolian and Natixis close $463mn financing for largest storage project in Texas

The Padua Complex will deliver 400 MW/1.8 GWh capacity with Tesla's support, at a strategic node of the Texas grid, following legislative action to strengthen energy reliability.

Elcogen opens €50mn plant in Estonia for fuel cells and electrolysers

Elcogen opens a 14,000 m² facility near Tallinn, increasing annual capacity to 360 MW for Solid Oxide fuel cells and electrolysers, with backing from Baker Hughes and HD Hyundai.

Acciona Energía deploys a 412MWp solar plant in Rajasthan

Acciona Energía has completed the commissioning of its largest plant in India, a 412MWp solar facility capable of powering 840,000 households annually.

Australian port congestion reshapes coal flows to South Korea

Russia and Indonesia overtook Australia as South Korea's top thermal coal suppliers in August, driven by lower prices and more reliable logistics amid persistent Australian shipment delays.
en_1140170951540

Sion Power launches ultra-thin lithium-metal anode with 2-micron vacuum deposition

Sion Power has developed a vacuum deposition technology enabling the production of ultra-thin lithium-metal anodes, doubling cell life and allowing large-scale industrial manufacturing.

Macquarie injects $350mn to support Nexamp’s solar and storage expansion in the United States

Macquarie Asset Management has granted $350mn in financing to Nexamp to accelerate the development of large-scale solar and battery storage projects across the U.S.

Independent producers generated $563bn in US GDP in 2024

A study reveals that independent oil and gas producers supported over 3.1 million jobs and generated $129bn in taxes, representing 87% of the US upstream sector’s economic contributions.
en_1140150945540

CPS Energy acquires 1,632 MW of natural gas capacity from ProEnergy for $1.39bn

Texas-based utility CPS Energy acquires four natural gas power plants from ProEnergy for $1.39bn, strengthening its footprint in the ERCOT market with operational dual-fuel infrastructure.

PEMEX exceeds $9.9bn cap in bond repurchase offer

Petróleos Mexicanos received offers surpassing the $9.9bn cap set for its debt repurchase programme, resulting in oversubscription during the initial phase of the operation.

Terra Innovatum signs agreement with Argentina’s Conuar for SOLO nuclear reactor components

Terra Innovatum has signed a memorandum of understanding with Conuar for the supply of key components for the industrial production of its SOLO micro-modular reactor, marking a strategic move into the South American market.
en_1140150948540

enCore Energy secures key federal ruling for Dewey Burdock uranium project

Validation of underground injection permits by the U.S. Environmental Protection Agency strengthens Dewey Burdock’s regulatory position and paves the way for state permitting expected in 2025.

GATE Energy awarded commissioning contract for bp’s Kaskida offshore project

GATE Energy has been appointed to deliver full commissioning services for bp’s Kaskida floating production unit, developed in partnership with Seatrium in the deepwater Gulf of Mexico.

Orazul Energy Perú buys back 68% of its 2027 bonds in cash tender offer

The Peruvian power producer completed a cash tender offer for its 5.625% senior notes, reaching a participation rate of 68.39% at the close of the operation.
en_114080920267540-1

Stimulated geologic hydrogen: methods, costs, technology maturity and key risks

Several subsurface stimulation techniques aim to generate hydrogen in situ at low cost. Pilots are advancing, but heterogeneous Technology Readiness Levels (TRL), geological uncertainties, and monitoring requirements are slowing investment.

Eco Wave Power deploys BladeRanger drones to automate wave maintenance

Eco Wave Power and BladeRanger have unveiled a first-of-its-kind drone-powered maintenance system for onshore wave energy infrastructure, aimed at reducing operational costs and improving system performance.

Egypt signs new deals to revive domestic gas production

Cairo has concluded three new exploration agreements with Apache, Dragon Oil and Perenco, for a total investment of over $121mn, as national gas output continues to decline.
en_1140150924540

Suzlon secures 838 MW order from Tata Power Renewable Energy

Indian wind turbine manufacturer Suzlon has secured an 838 MW contract from Tata Power Renewable Energy for a wind project spanning three states, marking its largest order of the 2025–2026 fiscal year.

Southeast Asia plans $208bn investment to develop nuclear power by 2050

Facing energy security challenges, several Southeast Asian countries are turning to nuclear and could invest up to $208bn to reach 25 GW of capacity, favouring small modular reactors.

Longroad Energy secures financing for its 400 MW solar project in Texas

Longroad Energy has closed financing and started construction of the 1000 Mile Solar project in Texas, with a capacity of 400 MWdc, supported by Meta and an international banking consortium.
en_1140140935540

Blackstone acquires Hill Top Energy Center for nearly $1bn in Pennsylvania

Blackstone Energy Transition Partners announces the acquisition of a 620-megawatt gas-fired power plant for nearly $1bn, reinforcing its energy investment strategy at the core of America’s digital infrastructure.

Sunrun raises $510mn through new securitization, surpassing $1.5bn in quarterly debt

Sunrun completed its fifth securitization deal of 2025, bringing non-recourse debt raised in the third quarter to over $1.5bn.