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Lhyfe expects EUR10mn revenue in 2025 and cuts costs from 2026
Lhyfe aims to double its revenue next year, refocuses industrial priorities and plans a 30% cost reduction starting in 2026 to accelerate profitability.
Japan opens public funding for nuclear projects to support reactor restarts
The Japanese government plans to fund up to 30% of loans required for nuclear projects, aiming to accelerate reactor restarts and double the share of nuclear energy in its energy mix by 2040.

Awendio Solaris to invest CAD1bn in integrated solar plant in Montreal

UK-based manufacturer Awendio Solaris plans to build a 2.5 GW solar industrial platform, expandable to 5 GW, in Quebec, targeting North American markets with a 100% regional supply chain.
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European Union rejects United Kingdom’s exemption from carbon border levy
Brussels confirmed that the United Kingdom will not be exempted from the carbon border levy until both carbon markets are connected, delaying a possible exemption by at least one year.
EDF Power Solutions appoints METLEN to build 400MW Longfield solar farm
EDF Power Solutions UK has appointed METLEN to lead engineering and construction for the 400MW Longfield solar farm in Essex, with commissioning scheduled for 2030.

JERA signs seven-year LNG supply deal with Hokkaido Gas

Japanese power producer JERA will deliver up to 200,000 tonnes of liquefied natural gas annually to Hokkaido Gas starting in 2027 under a newly signed long-term sale agreement.
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Ocean Winds launches its first offshore measurement campaign for the High Sea Wind project
Ocean Winds has deployed a LiDAR buoy off Gippsland to collect accurate data on wind and currents, a key step in its 1.3 GW offshore wind project in Australia.
AM Green and Mitsui sign agreement for green aluminium complex in India
Indian group AM Green has signed a memorandum of understanding with Japanese conglomerate Mitsui to co-finance a one million tonne per year integrated low-carbon aluminium production platform.

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.
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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.
Masdar commissions first UK storage site and adds 150 MW of new capacity
Masdar begins commercial operations at a Stockport battery storage unit and announces two more UK projects, part of a £1bn ($1.25bn) plan for 3GWh of BESS capacity.

Tokyu invests in 800 low-voltage solar plants through strategic partnership

Japanese conglomerate Tokyu teams up with Global Infrastructure Management and Clean Energy Connect to build 800 low-voltage solar plants totalling 70MWDC, under an off-site power purchase agreement for its facilities.
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Germany grants $24.3 million to Nigeria to accelerate its energy transition
Berlin strengthens its cooperation with Abuja through funding aimed at supporting Nigeria’s energy diversification and consolidating its renewable infrastructure.
Shell exits MarramWind and CampionWind, prioritising high-return investments
Shell withdraws from two floating wind projects in Scotland, reinforcing capital discipline in favour of faster-return activities. ScottishPower takes over MarramWind while CampionWind is returned to Crown Estate Scotland for reallocation.

Sofia secures Lukoil refinery ahead of planned state takeover

The Bulgarian government has increased security around Lukoil’s Burgas refinery ahead of a state-led takeover enabled by new legislation designed to circumvent international sanctions.
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Envision and Statera partner on 680MW storage project in the United Kingdom
China's Envision Energy will supply a 680MW battery storage system to UK-based Statera Energy as part of the Carrington project, one of the largest in the country to reach financial close.
Fusion Fuel Cycles joint venture begins construction of UNITY-2 test facility
Fusion Fuel Cycles has begun work on its UNITY-2 facility, a unique test bench designed to validate the full tritium fuel cycle under fusion conditions, marking a key step toward fusion energy.

Stubbo Solar reaches full commercial operation with 520 MW installed in New South Wales

ACEN Australia’s Stubbo Solar project becomes the first solar asset to operate under an LTESA contract, strengthening its role in New South Wales’ energy transformation.
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Girasol Energy launches grid-scale storage aggregation with two projects in Japan
Girasol Energy begins grid-scale battery aggregation with two facilities totalling 4MW in Japan, marking a strategic expansion into balancing markets.
General Oyster to invest ¥800mn to strengthen its solar portfolio
The Japanese oyster producer is investing in both resale and construction of photovoltaic plants, evenly splitting resources to consolidate its GO Store subsidiary's position in the domestic solar market.
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Nordex secures 200 MW contract for wind farm in Canada
Enel acquires two onshore wind farms in Germany for €80mn in strategic move
Pivot Energy secures $225mn to develop 60 new community solar projects
The United States hunts a third tanker tied to Venezuela’s shadow fleet
Lummus and Advanced Ionics launch pilot plant for green hydrogen in Texas
Wood Mackenzie: the UK can double North Sea reserves without breaching climate limits
An analysis by Wood Mackenzie shows that expanding UK oil and gas production would reduce costs and emissions while remaining within international climate targets.
Nagano commissions 1.5MW hydro plant and secures deal with Seiko Epson
Nagano Prefecture has commissioned a new 1.5MW hydropower plant to supply Seiko Epson’s Ina facility under a sleeved power purchase agreement managed by Chubu Electric Power Miraiz.

Shizen Energy secures 100MW in solar contracts with Microsoft in Japan

The Japanese developer has reached a total of 100MW in solar capacity under power purchase agreements with Microsoft, spread across four projects in the country, two of which are already operational.
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JAPEX launches 106MWh high-voltage storage project in Hokkaido
The Japanese group has started construction of a 20MW battery energy storage system in Hokkaido, aiming for commissioning in 2027 with support from PowerX and Kyocera Communication Systems.
Arabelle Solutions secures contract for Sizewell C turbines
EDF has selected Arabelle Solutions to supply two complete turbine islands for the Sizewell C nuclear power plant, strengthening their industrial cooperation initiated at Hinkley Point C.

Orano, Navoiyuran and ITOCHU launch uranium mining at South Djengeldi site

The Nurlikum Mining joint venture enters a new industrial phase with the launch of the South Djengeldi project, targeting annual production of 500 tonnes of uranium over ten years in Uzbekistan.
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Thailand and Japan boost US crude imports amid geopolitical tensions
Faced with risks to Middle Eastern supply chains, Thai and Japanese refiners are turning to US crude, backed by tariff incentives and strategies aligned with ongoing bilateral trade discussions.
Shizuoka Gas closes tender for seven-year LNG contract starting 2027
The Japanese company has completed the first phase of a tender for five annual cargoes of liquefied natural gas over seven years starting in April 2027, amid a gradual contractual renewal process.

Neoen surpasses 3 GWh of storage in Western Australia with Muchea and Collie 2

Neoen has launched construction of its first long-duration battery in Muchea and commissioned the second stage of Collie Battery, bringing its storage capacity in Western Australia to 3,145 MWh.
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Queensland coal mining costs remain high despite falling prices
Queensland coal producers are struggling to rein in costs, which remain above pre-2022 levels as the impact of royalty hikes and margin pressures continues to weigh on the sector.
Australia: Government excludes hydrogen and used oils from bioenergy strategy
Australia refocuses its national biomass plan on agriculture and forestry, excluding green hydrogen and urban waste from eligible feedstocks.

Energy Fuels raises $700mn through convertible notes to support project expansion

Energy Fuels has completed a $700mn fundraising through 0.75% convertible notes, aimed at supporting its rare earth and uranium projects.
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Clariant targeted by BP and ExxonMobil in ethylene case
The Swiss chemical group faces two new lawsuits filed in Germany, bringing the total compensation claims from oil and chemical companies to over €3.5bn ($3.7bn) in the ethylene collusion case.
Russian crude exports hit 18-month high despite sanctions pressure
Russian seaborne crude shipments surged in September to their highest level since April 2024, despite G7 sanctions and repeated drone strikes on refinery infrastructure.

U.S. uranium purchases reach 55.9 million pounds in 2024

Uranium deliveries to U.S. civilian operators rose 8% in 2024, while the average price climbed to its highest level since 2012, according to the latest available data.
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Iberdrola adds 708 MW of solar capacity to joint venture with Norges Bank
Iberdrola strengthens its partnership with Norges Bank Investment Management by adding two Spanish photovoltaic plants, raising joint operational capacity to 900 MW.
DRC caps cobalt exports at 96,600 tonnes until 2027
Kinshasa replaces export ban with a quota system covering just half of its output, triggering a price surge and global supply tensions.

Marubeni creates power trading joint venture with SmartestEnergy in Japan

Marubeni Corporation has formed a power trading unit in joint venture with UK-based SmartestEnergy, targeting expansion in Japan’s fast-changing deregulated market.
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Neoen launches 905 MWh long-duration battery and commissions Collie 2 in Australia
Neoen begins construction of its first six-hour discharge battery in Western Australia and commissions the second phase of Collie, surpassing 3 GWh of storage capacity in the State.
Hokkaido and Tohoku EPCO take stake in Japan’s largest offshore wind farm
The two regional utilities join a JERA-led consortium to support the operation of the Ishikari Bay offshore wind farm, which entered service in early 2024.
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