Latvia

Following its acquisition of Northvolt’s assets, US-based Lyten has appointed several former executives of the Swedish battery maker to key roles to restart production in Europe.
ABO Energy maintains its annual targets despite a drop in half-year profit, relying on cost-cutting measures and early project sales to secure cash flow.

R.Power sells 440MW solar portfolio in Poland amid uncertainties

Independent power producer R.Power is selling a 440MW ready-to-build photovoltaic portfolio in Poland, as political uncertainties drive a wave of divestments in the national renewable energy market.
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Five energy infrastructure projects have been added to the list of cross-border renewable projects, making them eligible for financial support under the CEF Energy programme.
The United States Nuclear Regulatory Commission has granted a 40-year extension for the AP1000 reactor design certification, supporting its long-term construction domestically and deployment abroad.

CEA considers deploying a small Calogena nuclear reactor in Cadarache

The French Atomic Energy Commission has signed a letter of intent with start-up Calogena to study the installation of a 30 MW thermal small nuclear reactor at its Cadarache site.
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French group Valorem has commissioned the ViIatti wind complex in Finland, made up of two farms totalling 313 MW and an estimated annual output of 1 TWh.
Photon Energy Group reports quarterly revenue growth driven by solar technology trading, while profitability falls due to a weaker capacity market.

Vestas maintains annual targets despite 44% drop in orders

The Danish turbine manufacturer posted a 14% increase in quarterly revenue, despite a sharp drop in order intake and negative cash flow.
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Valmet will supply and maintain Petrobras’ Neles™ valves across all its operations in Brazil under a one-year contract renewable for up to five years.
Lyten announces an agreement to acquire most of Northvolt's assets in Sweden and Germany, bringing new industrial prospects to the energy storage sector in Europe.

GoldenPeaks Capital invests 54 MW in battery energy storage in Poland

GoldenPeaks Capital strengthens its position on the Polish energy storage market with the acquisition of two battery systems, totalling 54 MW, secured by seventeen-year capacity contracts.
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Audax Renovables commits EUR17mn to a 21.88 MWp solar plant in Navalmoral de la Mata, targeting annual output of 42 GWh, backed by structured financing from the European Investment Bank.
Hunatom announces a strategic alliance with Synthos Green Energy to introduce US small modular reactor technology, strengthening energy ties between Hungary, Poland and the United States.

European solar growth slows in 2024 but will reach 400 GW in 2025

Europe will see its first slowdown in solar deployment in ten years in 2024, with 64.2 GW expected, but this does not call into question the 400 GW target for 2025 set by the European Commission.
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Manufacturer Stellantis halts production of its hydrogen-powered commercial vehicles, citing a lack of commercial prospects and an insufficient market, according to a statement released by the automotive group.
The results of recent Polish auctions reveal a predominance of photovoltaic solar, with 178 projects selected and a total capacity of 1.67 GW, while other segments found no takers.

Solar energy becomes EU’s leading electricity source in June 2025

Solar energy reached a record share of 22.1% in the European electricity mix in June 2025, becoming for the first time the main source of electricity in the European Union, according to a report by think tank Ember.
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Horizon Petroleum Ltd. is advancing towards the production launch of the Lachowice 7 gas well in Poland, having secured necessary permits and completed preliminary works to commence operations as early as next August.
SE Ignalina, the Lithuanian nuclear operator, has signed a memorandum of understanding with French firm Newcleo to explore the integration of small modular reactors (SMRs) using lead-cooled fast reactor (LFR) technology in Lithuania.
Poland’s Baltic Power project, jointly owned by ORLEN and Northland Power, secured its first design certificates, a key regulatory step towards the construction of its offshore wind farm in the Baltic Sea.
The European Investment Bank approves a final tranche of PLN1.7bn for Orlen to modernise electricity distribution infrastructure in Poland via its subsidiary Energa Operator.

Ignitis Group continues the development of the Curonian Nord offshore wind project despite market uncertainties

Ignitis Group, the Lithuanian energy provider, updated the progress of its Curonian Nord offshore wind project with an investment of EUR 50 million. The final investment decision is expected after 2027.
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Harmony Energy has completed the sale of a 200 MW battery energy storage project to EDF Renewables Polska, strengthening its position in the Polish market while supporting the country’s energy transition.
With several mining projects recently funded, Brazil is strengthening its national strategy to exploit its rare earth reserves, amid sharply declining global prices and geopolitical tensions in this strategic market.

Korkia sells the Mere Flats solar project to a NextEnergy Capital fund

Korkia has completed the sale of the Mere Flats solar and energy storage project to a fund managed by NextEnergy Capital. Located in South Yorkshire, this 56 MWp solar and 16 MW battery site is the first in Korkia’s UK portfolio to reach the ready-to-build stage.
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Latvenergo and H2Pro announce an agreement to concretely evaluate the operational and financial viability of decoupled electrolysis for industrial-scale hydrogen production, targeting Latvia's national energy infrastructure.
Renewable energy producer Neoen confirms its financial goals for 2025, despite a significant drop in net profit in 2024, mainly due to the high cost of its debt.

Global offshore wind industry set to reach record 19 GW of additions in 2025

The global offshore wind industry is expected to see a rebound in 2025, with capacity additions reaching 19 GW and total projected investments of $80 billion, according to Rystad Energy's forecasts.
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In Bollingstedt, a new battery storage facility aims to power 170,000 households, illustrating Germany’s strategy to strengthen its energy infrastructure and stabilise its grid amid the rise of renewable energy sources.
The Medef and thirteen other European employers' organizations launch an initiative to support the nuclear sector in the EU, in response to increasing competitiveness challenges exacerbated by international politics and global economic tensions.

Cadeler strengthens its presence in Poland with a strategic offshore wind agreement

Cadeler has signed a Vessel Reservation Agreement with Ocean Winds for the installation of turbines at the BC-Wind offshore wind farm in the Polish Baltic Sea. The contract, estimated between EUR 48 and 56 million, reinforces the company’s position in this expanding market.
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Lithuania, Estonia, and Latvia have finalized their synchronization with the European electricity grid, ending their dependence on Russian infrastructure. This project, funded with €1.6 billion, strengthens the region’s energy security.
La Lituanie, la Lettonie et l'Estonie vont couper leurs derniers liens avec le réseau électrique russe. Ce basculement, prévu le 8 février, marque leur intégration complète au réseau européen après des années de préparation et d'investissements.

Warsaw launches Baltica 2: Offshore Wind Farm for €7.15 Billion

The Polish Prime Minister announces the Baltica 2 project, carried out in partnership with Ørsted and PGE, aiming for 1.5 GW over 190 km² in the Baltic Sea, with a launch this year and commissioning scheduled for 2027.
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At the heart of the vast northern expanses, Sami communities see their ancestral ways of life challenged by the rise of renewable projects. A factual narrative revealing the tensions between economic modernization and the preservation of millennia-old traditions.
Canadian Prime Minister Justin Trudeau and his Polish counterpart, Donald Tusk, signed a landmark nuclear cooperation agreement, marking a new chapter in the energy relationship between the two countries.

The Clipper Eris becomes the first vessel capable of storing its CO2 at sea

A Norwegian shipowner has equipped an ethylene carrier with an onboard CO2 capture and storage system. The initiative could reduce its greenhouse gas emissions by 70%.
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This thermal storage infrastructure, combined with Elisa’s optimization, illustrates how energy flexibility helps reduce emissions and stabilize the electrical grid within a context of increasing district heating electrification.
Nearly 120 missiles and drones targeted key infrastructures in Ukraine, causing widespread power outages. This attack occurred as Volodymyr Zelensky met with European leaders in Poland.