Japan

A consortium led by BlackRock is in talks to raise up to $10.3 billion to finance a gas infrastructure deal with Aramco, including a dual-tranche loan structure and potential sukuk issuance.
Over 500 hydrogen projects are now under construction or operational worldwide, with total committed investments reaching USD110 billion, representing an increase of USD35 billion in one year.

Two sanctioned Russian LNG carriers deliver to China despite restrictions

The Voskhod and Zarya vessels, targeted by Western sanctions, departed China’s Beihai terminal after potentially offloading liquefied natural gas from the Arctic LNG 2 project.
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The United States cuts tariffs on Japanese imports to 15%, while Tokyo launches a massive investment plan targeting American energy, industry, and agriculture.
Underreported methane emissions from Australian mines could increase steelmakers’ carbon footprint by up to 15%, according to new analysis highlighting major gaps in global supply chains.

Hitachi injects $1bn into transformer manufacturing to strengthen US grid interconnection

Hitachi Energy commits $457mn to build a transformer factory in Virginia, part of a $1bn plan to support electrical interconnection in the US amid rising demand from artificial intelligence infrastructure.
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Toyota launches production of its first electric vehicle in Europe at its Kolin plant in the Czech Republic, supported by a €680mn investment, including €64mn in public funding.
The Kuwaiti government has invited three international consortia to submit bids for the first phase of the Al Khairan project, combining power generation and desalination.

United States clears Rio Grande and Commonwealth LNG toward final decisions

U.S. regulators have approved two major milestones for Rio Grande LNG and Commonwealth LNG, clarifying their investment decision timelines and reinforcing the country’s role in expanding global liquefaction capacity.
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A cooperation agreement, a bilateral carbon-credit mechanism and converging standards lay the ground for India→Japan hydrogen and ammonia flows, with volume targets, price-support schemes and first export projects scaling up.
Hokkaido Gas is adjusting its liquefied natural gas procurement strategy with a multi-year tender and a long-term agreement, leveraging Ishikari’s capacity and price references used in the Asian market. —

Germany and Japan accelerate hydrogen offtake contracts to secure supply

Hydrogen offtake agreements are multiplying, with Germany and Japan leading, mobilizing producers and industrial buyers in a still nascent but already highly competitive market.
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Commonwealth Fusion Systems raised $863mn in an oversubscribed round to finalise SPARC and accelerate construction of its ARC fusion plant in Virginia, strengthening its position in the global fusion energy sector.
General Atomics injects $20mn into Fusion Fuel Cycles, a joint venture between Canada and Japan, to develop a facility dedicated to the tritium fuel cycle, a central element for the industrial viability of nuclear fusion.

EdgeConneX develops 350MW data centre platform in Japan

EdgeConneX has acquired a second site in the Osaka region, bringing its total capacity to 350MW to support the growth of the Cloud and AI market in Japan.
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Facing unforeseen cost increases and a tightening regulatory environment, Mitsubishi Corporation is pulling out of three offshore wind projects, casting doubt on Japan's renewable energy ambitions.
Tokyo protests against Chinese installations deemed unilateral in a disputed maritime zone, despite a bilateral agreement stalled since 2010.

Data centres in Japan to drive 60% of electricity demand growth by 2034

With $28 billion in planned investments, hyperscaler expansion in Japan reshapes grid planning amid rising tensions between digital growth and infrastructure capacity.
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Sempra Infrastructure and ConocoPhillips signed a 20-year LNG sales agreement for 4 Mtpa, confirming their joint commitment to expanding the Port Arthur LNG liquefaction terminal in Texas.
Canadian Solar reported a gross margin of 29.8% in Q2 2025, exceeding expectations despite a net loss, amid delayed project sales and asset impairments.
Spot LNG prices in Asia are at their highest level for seven months, driven by tensions over Russian supplies and rising demand amid extreme weather conditions.
The magnitude 7.1 earthquake in southern Japan prompted the immediate mobilization of the authorities and the suspension of a diplomatic trip by Prime Minister Fumio Kishida, in view of the risk of a "mega-earthquake".

FRV Australia completes financing for 100MW/200MWh Terang BESS

FRV Australia secures financing for Terang's 100MW/200MWh battery project, marking a turning point in renewable energy in Australia.
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Tokyo Gas strengthens its collaboration with Ocean Winds by investing in the WindFloat Atlantic floating offshore wind project in Portugal, marking its first direct foray into this sector abroad.
The European Bank for Reconstruction and Development (EBRD) supports Tunisia's energy transition by financing two 60 MW solar power plants in Tozeur and Sidi Bouzid.

Fourth Partner Energy secures $275 million equity investment

Four major global investors, IFC, ADB and DEG, announce a $275 million investment in Fourth Partner Energy to support the expansion of its renewable energy projects in India.
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Obton A/S strengthens its investment in Japan by acquiring BCPG for DKK 2 billion, integrating a vast portfolio of solar projects.
JERA and Denso join forces to develop an innovative hydrogen production technology using solid oxide electrolysis (SOEC) cells and waste heat.

Australia: EPA decision on Woodside’s Browse gas project postponed

Western Australia's Environmental Protection Authority (EPA) postpones its final decision on Woodside's Browse gas project, delaying a major energy project.
Petronas is asking some customers to delay LNG loadings at the Bintulu terminal in August due to technical problems affecting MLNG Tiga.
Increased demand in Asia-Pacific is redirecting US LNG exports, reducing deliveries to Europe.

LNG market in Asia: Record activity in July 2024

In July, the Asian liquefied natural gas (LNG) market recorded record activity, marked by increased transaction dynamics and price fluctuations.
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In July, China and South Korea dominated US LNG imports, while Europe's share declined significantly.
Iberdrola acquires 88% of UK company Electricity North West Limited for 2.5 billion euros, consolidating its presence in the UK.

Hydrogen investments progress worldwide

Canada, Italy, Australia and the UK announce substantial funding for hydrogen projects, illustrating a shared commitment to a global energy transition.
RENOVA announces the resumption of operation of the Tokushima-Tsuda biomass power plant following repairs. A further shutdown is scheduled for the end of September for long-term improvements.
FRV Australia has finalized a AUD 1.2 billion refinancing for its eight photovoltaic power plants, consolidating its financial backing and potential for developing new projects in Australia.

Tsuruga-2 reactor found not to comply with Japanese regulatory standards

Japan's NRA has determined that JAPC's Tsuruga-2 reactor does not meet safety standards, jeopardizing its restart and raising questions about Japan's energy policy.
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Electricity prices in Japan jumped 3% on July 30, following a 24% rise, in response to increased energy demand caused by an extreme heat wave.
Euglena, Petronas and Eni have approved a $1.3 billion investment in a biorefinery in Malaysia, to be operational in 2028, to produce sustainable biofuels.