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Schneider Electric bets on e-methanol to strengthen industrial partnerships in Canada

Schneider Electric Canada aims to bring its Danish e-methanol plant model to the Canadian market, leveraging advanced automation to support new partnerships with heavy industry sectors.

The UN validates an Article 6.4 methodology for landfill methane

The Paris Agreement Crediting Mechanism formalizes a landfill-methane methodology, imposes an investment-based additionality test, and governs issuance of traceable units via a central registry, with host-country authorizations and corresponding adjustments required.

George Gordon First Nation finalises 32.4 MW solar project in Saskatchewan

An unprecedented partnership with the Canada Infrastructure Bank enables George Gordon First Nation to fully own a solar plant powering a potash mine in Saskatchewan.
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G7 launches over 20 projects to counter Chinese influence on critical minerals

Meeting in Canada, G7 energy ministers unveiled a series of projects aimed at securing supply chains for critical minerals, in response to China’s restrictions on rare earth exports.

Athabasca Oil increases share buybacks amid strong cash flow

Athabasca Oil steps up its share repurchase strategy after a third quarter marked by moderate production growth, solid cash flow generation and disciplined capital management.

Schneider Electric maintains targets despite €466mn currency impact

Schneider Electric reaffirmed its annual targets after reporting 9% organic growth in Q3, driven by data centres and manufacturing, despite a negative currency effect of €466mn ($492mn).
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G7 launches an alliance to secure critical minerals outside China

Energy ministers coordinate investment and traceability to curb China’s dominance in mineral refining and stabilize supply chains vital to electronics, defense, and energy under a common G7 framework.

InSolare secures 600 MW energy storage contract from SECI in India

InSolare Energy has secured a 600 MW / 1,200 MWh battery energy storage contract from state-owned SECI, strengthening its position in India’s energy infrastructure market.

Element One secures acquisition option on geological hydrogen extraction technology

Element One obtains an exclusive option to acquire up to 100% of Stone to H2, a New York-based company holding patented technology for hydrogen and critical mineral extraction from ultramafic rock.
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Canadian oil sands emissions rose less than 1% in 2024 despite higher output

Oil sands production in Canada continued to grow in 2024, but absolute greenhouse gas emissions increased by less than 1%, according to new industry data.

Ember warns of economic futility of new coal capacity in India beyond 2032

A modelling study finds India does not need new coal plants beyond current plans through 2032, as overcapacity would raise costs and reduce utilisation across the thermal fleet.

NorthX injects $3.4mn into four Canadian carbon removal startups

NorthX Climate Tech strengthens its portfolio by investing in four carbon dioxide removal companies, reinforcing Canada’s position in a rapidly expanding global market.
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Stardust Solar reaches operating breakeven with record revenue of $1.78M

Stardust Solar reports its first-ever positive EBITDA, driven by a 99% jump in quarterly revenue and a record inflow of signed contracts.

e-STORAGE commissions 220 MWh energy storage system in South Australia

Canadian Solar’s subsidiary has completed the commercial operation of a battery storage project in Mannum, marking a key milestone in the large-scale energy deployment in southern Australia.

Boralex appoints Ted Di Giorgio to its board of directors

The former EY senior partner joins Boralex’s board, bringing over three decades of audit and governance experience to the Canadian energy group.
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Fonds de solidarité FTQ takes equity stake in Keridis BioEnergy to support biomethanation in Québec

Fonds Bioénergie acquires a stake in Keridis BioEnergy to accelerate renewable natural gas production from agricultural and food residues across Québec.

NANO Nuclear launches True North Nuclear to strengthen its investments in Canada

NANO Nuclear restructures its Canadian operations under the name True North Nuclear to accelerate regulatory and industrial development of its KRONOS MMR™ microreactor.

Structural imbalances hinder the efficiency of public climate finance

The study by Özlem Onaran and Cem Oyvat highlights structural limits in public climate finance, underscoring the need for closer alignment with social and economic goals to strengthen the efficiency and resilience of public spending.
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MIT launches Macro, a modelling tool to anticipate energy infrastructure needs

A new software developed by MIT enables energy system planners to assess future infrastructure requirements amid uncertainties linked to the energy transition and rising electricity demand.

Energy Plug Technologies delivers second energy storage system in the United States

Canadian group Energy Plug Technologies continues its expansion in the US market with the delivery of a new energy storage system to an industrial client based in the southern region.
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Washington urges Japan to cut energy ties with Russia

The United States has called on Japan to stop importing Russian gas, amid rising tensions over conflicting economic interests between allies in response to the indirect financing of the war in Ukraine.

Trump reignites tensions over India’s imports of Russian oil

India faces mounting pressure from the United States over its purchases of Russian oil, as Donald Trump claims Prime Minister Narendra Modi pledged to halt them.

Santos cuts 2025 production forecast again due to technical issue

Australian group Santos lowers its annual production forecast after an unplanned shutdown at the Barossa project and delayed recovery in the Cooper Basin.
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Europe spent an extra €930bn on fossil energy between 2021 and 2024

A report highlights the financial burden of fossil imports during the energy crisis and points to electrification as key to European energy security.

Quinbrook takes majority stake in Elemental Clean Fuels in Canada

Asset manager Quinbrook expands its North American portfolio with a first Canadian investment by acquiring a strategic stake in developer Elemental Clean Fuels.

UK sanctions Rosneft, Lukoil and 51 vessels linked to Russian oil exports

The United Kingdom targets two Russian oil majors, Asian ports and dozens of vessels in a new wave of sanctions aimed at disrupting Moscow's hydrocarbon exports.
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Brazil, India, Italy and Japan set regulatory target for sustainable fuels

Ahead of COP30, four major economies commit to regulating the increase in sustainable fuel production and consumption by 2035.

Three Canadian firms launch alliance to secure energy using quantum technology

Energy Plug, Malahat Battery Technology and Quantum eMotion sign strategic agreement to develop quantum-secured energy storage systems, including a NATO-aligned defence initiative.

Petro-Victory secures $300,000 loan with attached warrants

Canadian company Petro-Victory Energy Corp. has secured a $300,000 unsecured loan at a 14% annual rate, including 600,000 warrants granted to a lender connected to its board of directors.
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Cenovus Energy acquires 8.5% stake in MEG Energy

Cenovus Energy has purchased over 21.7 million common shares of MEG Energy, representing 8.5% of its capital, as part of its ongoing acquisition strategy in Canada.

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.
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Ontario Power Generation authorised to operate new nuclear waste storage facility

Canada’s nuclear regulator has approved the launch of a new building that will store used steam generators from Bruce Power's refurbishment programme.

QIA invests $535mn to increase its stake in Colombian power producer ISAGEN

Qatar’s sovereign wealth fund has raised its stake to approximately 15% in ISAGEN, one of Colombia’s leading power producers, through a $535mn investment alongside Brookfield.

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.
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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.

Rockpoint raises C$704mn in IPO and cedes nearly 40% of capital to public investor

Rockpoint Gas Storage finalised its initial public offering in Canada with an upsized offer of 32 million shares for gross proceeds of C$704mn ($512mn), marking a new step in Brookfield’s partial divestment strategy.
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Africa Energy granted regulatory reprieve for South African offshore Block 11B/12B

Africa Energy postpones submission of its environmental impact assessment for Block 11B/12B following a recent court ruling affecting offshore exploration authorisations in South Africa.

LIFT completes full year of environmental studies for Yellowknife lithium project

LIFT Power has completed the first phase of baseline studies for the Yellowknife lithium project, a key step toward permitting and long-term mine planning.
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