India

India’s coking coal imports are rising and increasingly split between the United States and Russia, while Australian producers redirect volumes to China; 2025 results confirm a shift in trade flows.
A surprise drop in US crude inventories and renewed focus on peace talks in Ukraine are shaping oil market dynamics.

Vikram Solar secures a 250 MW order from Bondada Group in India

Vikram Solar will supply 250 MW of high-efficiency solar modules to the Bondada Group for a project in Maharashtra, with deployment scheduled to begin in fiscal year 2025–2026.
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Driven by rising industrial demand and emerging capacities in Asia, the global petrochemicals market is expected to see sustained expansion despite regulatory pressures and raw material cost challenges.
Indian imports of Brazilian crude reach 72,000 barrels per day in the first half of 2025, driven by U.S. sanctions, and are expected to grow with new contracts and upstream projects between Petrobras and Indian refiners.

Global EV Charging Points to Reach 206.6 Million by 2040

Electric vehicle charging infrastructure investments are expected to hit $300 billion by 2040, driven by a 12.3% annual increase in global charging port deployments.
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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.
With active projects across four continents and strong liquidity, Eco Wave Power accelerates its expansion strategy while absorbing a rise in operational costs in H1 2025.

Putin Signs Decree Paving the Way for Exxon’s Return to Sakhalin-1

A new Russian presidential decree could allow Exxon Mobil to reclaim its stake in Sakhalin-1, under strict conditions tied to Western sanctions and equipment logistics.
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Under threat of increased U.S. tariffs, New Delhi is accelerating its energy independence strategy to reduce reliance on imports, particularly Russian oil.
The United States plans to collaborate with Pakistan on critical minerals and hydrocarbons, exploring joint ventures and projects in strategic areas such as Balochistan.

ACEN reaches 2,100 MW of attributable renewable capacity in India

ACEN strengthens its international strategy with over 2,100 MWdc of attributable renewable capacity in India, marking a major step in its expansion beyond the Philippines.
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The Japanese group TDK’s venture capital fund supports Ultraviolette, an Indian electric motorcycle manufacturer, to help it scale up in a domestic market estimated at over $50 billion within ten years.
OPEC's August report reveals Russian production above quotas and commercial dominance in Asia, while Kazakhstan massively exceeds its reduction commitments.

Russian Shadow Fleet Disrupts Global Oil Balance in Asia

Hundreds of aging tankers transport Russian oil to Asia, circumventing Western sanctions while creating major environmental risks and transforming global trade flows.
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The Emirati logistics giant posts 40% revenue growth despite depressed maritime freight rates, driven by Navig8 integration and strategic fleet expansion.
Eco Wave Power has completed the full installation of its wave energy system at the Port of Los Angeles, paving the way for initial operational tests scheduled for September.

The global next-generation solar cell market will reach $12.95 billion by 2031

The next-generation solar cell market will grow by 15.73% annually by 2031, driven by diversified uses in residential, industrial, and aerospace sectors.
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Washington launches antidumping procedures against three Asian countries. Margins up to 190% identified. Final decisions expected April 2026 with major supply chain impacts.
India unveils a national plan to boost nuclear capacity to 100 GW by 2047, combining large reactors and small modules, with a strengthened regulatory framework and new public-private partnerships.
Afghanistan launches construction of the TAPI gas pipeline, a USD 10 billion project linking Turkmenistan, Pakistan and India to transport natural gas over 1,800 km.
India and the United Arab Emirates explore new opportunities to increase strategic crude oil storage and enter into a production concession agreement to strengthen their energy cooperation.

Southeast Asia steps up coal imports as China peaks

South-East Asia, with countries such as Vietnam and the Philippines, should see its coal imports grow, while Chinese demand stabilizes.
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The expansion of coal mines in China could compromise its climate targets and increase methane emissions, warns a study by Global Energy Monitor (GEM).
Despite international reduction commitments, methane emissions are rising at a record pace, posing major risks for global climate and energy policies.

Suzlon signs record 1,166 MW wind power contract with NTPC Green Energy

NTPC Green Energy awards Suzlon a 1,166 MW order, marking the largest wind power project in India. This contract will strengthen NTPC's renewable capacity and contribute to its growth strategy.
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In August 2024, Gujarat's hydroelectric power stations recorded their highest level of production ever, marking a significant milestone in India's energy supply and diversification efforts.
The Russian Ministry of the Economy forecasts $239.7 billion in revenues from oil and gas exports in 2024, up $17.4 billion on previous estimates.

Sovcomflot maintains its share of Russian non-G7 oil exports at 80%.

Despite Western sanctions, Sovcomflot retains a significant share of Russia's non-G7 crude oil exports, exceeding 80% in August. New U.S. sanctions increase pressure to reduce Russian revenues.
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The United States is stepping up its pressure on Russia's Arctic LNG 2 project by imposing new sanctions against companies and vessels involved, further complicating Moscow's liquefied gas export capabilities.
Exports of Russian petroleum products fell sharply in August, to a level not seen since the pandemic, due to weaker demand in Asia and a shift towards the domestic market.

TotalEnergies and Adani launch a 1.575 GW solar joint venture in India

TotalEnergies and Adani Green Energy Limited announce a joint venture to develop a 1.575 GW portfolio of solar projects in Gujarat, strengthening their cooperation in the Indian energy sector.
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Russia extends export duty exemption for thermal coal until December. Despite this measure, logistical restrictions and sanctions continue to hold back global demand.
BloombergNEF forecasts 592 GW of solar installations by 2024, marking 33% growth. However, overcapacity and low prices are creating pressure on the supply chain.

LNG market under pressure as uncertain winter approaches

Despite high European inventories, the global LNG market remains exposed to supply risks and growing demand from Asia and Latin America, fuelling tensions ahead of winter.
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Algeria joins the New BRICS Development Bank, seeking to diversify its sources of financing and strengthen its position on the international financial scene.
India is developing 38 rail projects to optimize coal logistics, reduce costs and guarantee a stable supply to power and industrial plants.

Sunsure Energy supplies 32 GWh of solar energy to Sandoz in Navi Mumbai

Sunsure Energy begins supplying solar energy to Sandoz's Navi Mumbai plant, enabling an 11% reduction in the company's CO2 emissions. This operation is part of a Power Purchase Agreement.
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Liquefied natural gas (LNG) prices in Asia continue to climb relative to the US, buoyed by geopolitical tensions and global supply disruptions, reflecting an energy market under pressure.
GameChange Solar signs a contract to supply solar trackers for a 750 MW project at Khavda Solar Park, strengthening its position in the Indian market.