Iran

Plug Power installs 5 MW electrolyzer in Namibia for integrated hydrogen hub

Plug Power has completed the installation of a 5 MW PEM electrolyzer for Cleanergy Solutions Namibia, marking the launch of Africa’s first fully integrated green hydrogen production and distribution site.

California Resources finalises asset transfer with Berry Corporation for $253mn

California Resources Corporation completed an all-stock asset transfer with Berry Corporation, strengthening its oil portfolio in California and adding strategic exposure in the Uinta Basin.

Gevo receives “A” rating for North Dakota site from BeZero Carbon

Gevo receives high-quality assessment for its carbon capture credits in North Dakota, strengthening the commercial value of its certificates in the voluntary carbon markets.
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esVolta transfers Black Walnut project tax credit to Computacenter

esVolta finalises investment tax credit transfer for its Black Walnut storage project to Computacenter, marking a first-of-its-kind operation within its California energy portfolio.

TOPCon 4.0 vs HJT: the financial trade-off in the solar sector in 2026

As the photovoltaic industry enters a phase of deep restructuring, the duel between TOPCon 4.0 and heterojunction technologies is redefining manufacturers’ margins. In 2026, reducing production costs becomes the primary strategic lever for global market leaders.

JA Solar and Trinasolar Lead a Global Solar Market in Crisis

JA Solar and Trinasolar top Wood Mackenzie’s latest semiannual ranking despite a sector-wide net loss of $2.2 billion. Industrial leaders are strengthening their grip on global photovoltaic module supply through rigorous financial discipline.
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Peregrine launches 500 MWh storage project near Dallas with Wärtsilä and WHC

Peregrine Energy Solutions has begun construction on a 500 MWh storage project in Texas, relying on Wärtsilä's technology and WHC's engineering expertise to enhance ERCOT grid flexibility.

Israel seals a €30 billion gas contract with Egypt

An agreement announced on December 17, 2025 provides for twenty years of deliveries through 2040. The package amounts to 112 billion new Israeli shekels (Israeli shekels) (NIS), with flows intended to support Egyptian gas supply and Israeli public revenues.

Egypt launches $220mn solar complex in the Suez Canal zone

The ATUM Solar industrial complex, located in Ain Sokhna, will include three factories—two of 2 GW capacity—backed by a $220mn investment from an international consortium.
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Meg O’Neill takes over BP to refocus the group on hydrocarbons

British company BP appoints Meg O'Neill as CEO to lead its strategic refocus on fossil fuels, following the abandonment of its climate ambitions and the early departure of Murray Auchincloss.

Venezuelan oil: Caracas maintains exports despite US naval blockade

The Venezuelan national oil company has confirmed the continuity of its crude exports, as the United States enforces a maritime blockade targeting sanctioned vessels operating around the country.

Baker Hughes signs multi-year contract to equip Kuwait’s oilfields

Baker Hughes will supply advanced artificial lift systems to Kuwait Oil Company to enhance production through integrated digital technologies.
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Future Fund Oman engage $1.2bn pour accélérer 141 projets énergétiques et industriels

Le fonds souverain omanais a validé 141 projets en 2025 pour un engagement total de $1.2bn, visant à renforcer l’indépendance énergétique et l’industrialisation nationale à travers un programme d’investissement de $5.2bn.

Holtec and MVM join forces to deploy small nuclear reactors in Hungary

US-based Holtec has signed a memorandum of understanding with Hungary’s energy group MVM to assess the deployment of its SMR-300 technology, strengthening bilateral nuclear cooperation and opening prospects for a new market in Central Europe.

Radiant raises $300mn to industrialise its micro nuclear reactors in the United States

California-based startup Radiant has secured $300mn to build its first factory in Tennessee and prepare for the mass production of miniature nuclear reactors for off-grid applications.
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T1 Energy launches construction of 2.1GW solar cell plant in Texas

T1 Energy has begun construction of a solar cell facility in Milam County, Texas, representing an investment of up to $425mn, aimed at strengthening U.S. industrial autonomy in the photovoltaic supply chain.

Sawgrass LNG marks eight years of liquefied natural gas deliveries to The Bahamas

U.S.-based Sawgrass LNG & Power celebrates eight consecutive years of LNG exports to The Bahamas, reinforcing its position in regional energy trade.

Terra Innovatum accelerates licensing process for its SOLO™ reactor with the NRC

Terra Innovatum has increased its interactions with the Nuclear Regulatory Commission to advance licensing of its SOLO™ micro-modular reactor, despite the partial shutdown of the US federal government.
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Clinton and Dresden nuclear reactors granted 20-year licence extensions

The US nuclear regulator has extended the operating licences of three Illinois reactors by 20 years, strengthening Constellation's long-term industrial outlook for the Clinton and Dresden sites.

Pivot Energy secures $225mn to develop 60 new community solar projects

Pivot Energy has secured $225mn in funding from three banking partners to support a portfolio of 60 community solar power plants across nine US states.

Vestas boosts quarterly profit and announces €150mn share buyback

The Danish wind turbine manufacturer doubled its net profit in the third quarter despite complex market conditions, supported by increased onshore deliveries and order growth.

China could reach its CO2 emissions peak around 2028, experts say

An international group of researchers now forecasts a Chinese emissions peak by 2028, despite recent signs of decline, increasing uncertainty over the country’s energy transition pace.

Engie maintains its 2025 targets despite pressure on energy prices

Engie maintains its 2025 earnings guidance despite falling energy prices and weaker hydro output, relying on its performance plan and a stronger expected fourth quarter.
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Mitsubishi Gas Chemical secures 1mn tonnes of low-carbon methanol from Transition Industries

Transition Industries signed a long-term purchase agreement with Mitsubishi Gas Chemical for the annual supply of 1mn tonnes of ultra-low carbon methanol starting in 2029, from its Pacifico Mexinol project in Mexico.

BridgePeak grants $144mn loan for 112.5MW solar farm in North Carolina

Developer Headwater Energy secured $144mn in financing arranged by BridgePeak Energy Capital to build a 112.5MW solar plant, expanding its portfolio in the southeastern United States.

Creekstone Energy raises funds for 10 GW AI energy campus in Utah

The funding round led by Trident Ridge and Pelion Ventures will allow Creekstone Energy to launch construction of its hybrid-generation site designed for AI-optimised data centres.
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ONE Nuclear outlines its strategy ahead of expected 2026 public listing

ONE Nuclear Energy publishes a virtual presentation for investors detailing its industrial vision, ahead of its merger with Hennessy Capital Investment Corp. VII expected in the first half of 2026.

Support for nuclear grows in the US as coal plants are repurposed

A majority of Americans now back nuclear energy, with strong approval for converting coal plants into nuclear sites and increasing public investment in sector technologies.

Thermal Energy secures CAD1.5mn in industrial heat recovery contracts

Thermal Energy International has won two new turnkey projects worth a total of CAD1.5mn ($1.09mn) from a global nutrition group, strengthening a collaboration initiated in 2019.
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Plus Power secures $160mn for two battery storage projects in New England

Plus Power secured $160mn in tax equity investments from Morgan Stanley to fund two battery storage facilities in Massachusetts and Maine, the largest ever developed in New England.

Nel ASA secures over $50mn PEM order for two hydrogen projects in Norway

Norwegian group Nel ASA has received a firm order worth over $50mn to supply its PEM electrolysers for two green hydrogen production units in Florø and Eigersund.

Pylontech opens subsidiary in Australia to support energy storage investments

Chinese manufacturer Pylontech strengthens its international investment strategy by launching a local entity in Australia to accelerate the deployment of its energy storage solutions.
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JA Solar to supply 1.2 GW of modules for two photovoltaic projects in Uzbekistan

JA Solar has signed an agreement with Larsen & Toubro to supply photovoltaic modules for the Samarkand 1 and 2 solar power plants, developed by ACWA Power with a total installed capacity of 1.2 GW.

EDF, SPIC and SAPCO consortium secures financing for 1,400 MW solar projects in Saudi Arabia

Two photovoltaic plants with a combined capacity of 1,400 MW will be operational in 2027, strengthening EDF Group's international presence and Asian actors in Saudi Arabia's energy market.

The liquid hydrogen micro-storage systems market to reach $738.6mn by 2034

Driven by aerospace, industrial gas, and hydrogen investment, the global liquid hydrogen micro-storage systems market is projected to grow 9% annually through 2034.
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HiTHIUM partners with El-Mor to deploy 1.5GWh of long-duration storage in Israel

Chinese supplier HiTHIUM enters the Israeli market with a strategic agreement to deploy 1.5GWh of long-duration energy storage alongside El-Mor Renewable Energy.

Mass Megawatts launches hydroelectric technology with two-year return on investment

Mass Megawatts unveils a new low-cost hydroelectric system with a payback period of under two years at optimal sites, relying on modular structures and standardised components.

Air Products posts $394mn net loss in 2025 and streamlines energy project portfolio

The US group reported a $877mn operating loss for fiscal year 2025, impacted by $3.7bn in charges related to project exits and restructuring.
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Matrix Renewables inaugurates 284 MW solar power plant in Texas

Matrix Renewables and SOLV Energy have completed construction of the Stillhouse Solar plant, a 284 MW project in Bell County, representing over $370mn in private investment and 320 jobs created.

Despite ARCHES shutdown, public investment in hydrogen continues in California

The suspension of ARCHES is not slowing hydrogen initiatives in California, where public authorities are accelerating projects for production, transport and use of the fuel in local infrastructure.