Mexico

GE Vernova will cut 600 jobs in Europe, with the Belfort gas turbine site in France particularly affected, amid financial growth and strategic reorganisation.
Canadian developer Innergex has won all six projects of the Grenier des Essences portfolio for a total of 85 MW, strengthening its position in France’s ground-mounted solar sector.

French and Belgian nuclear industry groups sign strategic cooperation agreement

The Groupement des Industriels Français de l'Énergie Nucléaire and the Belgian Nuclear Forum formalise a partnership aimed at strengthening industrial exchanges and joint projects between the two countries’ nuclear sectors.
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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.
Ayatollah Ali Khamenei calls for modernising the oil industry and expanding export markets as Tehran faces the possible reactivation of 2015 nuclear deal sanctions.

IAEA urges Iran to resume nuclear inspections as time runs out

The International Atomic Energy Agency warns that little time remains to reach an agreement with Iran on fully resuming inspections, as European sanctions could be reimposed within 30 days.
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Slovenia’s JEK2 project moves forward with two nuclear technologies judged technically compatible, estimated between EUR9.31bn ($10.1bn) and EUR15.37bn ($16.66bn).
From 2029, Verso Energy will supply hydrogen produced in Moselle to steel group SHS, supported by a cross-border pipeline and an industrial investment exceeding €100mn.

Industrial control transformer market to reach $1.48bn by 2030

Driven by grid modernisation and industrial automation, the global control transformer market could reach $1.48bn in 2030, with projections indicating steady growth in energy-intensive sectors.
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Kallista Energy has entrusted ENGIE with the commercial operation of its first BESS site in Saleux, with a capacity of 120 MW, scheduled for commissioning by the end of 2026.
EDF finalised a second €500mn ($535mn) tranche with the European Investment Bank to support interconnections and strengthen Enedis' electricity distribution network in 2025.

European carbon prices climb above €76 on compliance-driven demand

European carbon allowance prices reached a six-month high, driven by industrial compliance buying ahead of the deadline and rising natural gas costs.
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Zefiro Methane Corp. completed the delivery of carbon credits to EDF Trading, validating a pre-sale agreement and marking its first revenues from the voluntary carbon market.
Lhyfe has started supplying Essent with renewable green hydrogen under a multi-year contract, marking a major commercial debut in the Netherlands for the French producer.

Teréga and GRDF deploy new biomethane backfeed station in Moncrabeau

Teréga and GRDF have commissioned a backfeed station in Lot-et-Garonne, showcasing their cooperation to adapt gas networks to the rise of locally produced biomethane in Nouvelle-Aquitaine.
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French developer Tenergie has started work on a ground-mounted solar plant at a former quarry, with expected annual output of 7.6 GWh from 2026.
France opens a national consultation on RTE’s plan to invest €100 billion by 2040 to modernise the high-voltage electricity transmission grid.

SPIE secures strategic contract for TPC II offshore wind farm in Taiwan

SPIE Wind Connect will carry out subsea connections for phase II of the TPC project, a major development in Taiwan’s offshore wind sector with a projected annual capacity of 1,000 GWh.
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The Dutch government grants major funding to RWE to develop an offshore wind-powered electrolysis facility, marking a key step in the OranjeWind project.
Verso Energy has inaugurated an experimental solar power plant in Outarville, testing the integration of photovoltaic panels across three hectares of large-scale crops with a 90% self-consumption rate.
EDF announces a major agreement with Apollo to raise up to £4.5 billion via bonds to finance the British nuclear project Hinkley Point C, whose costs continue to rise significantly.
The European battery regulation, fully effective from August 18, significantly alters industrial requirements related to electric cars and bicycles, imposing strict rules on recycling, supply chains, and transparency for companies.

Ireland exits coal permanently with closure of Moneypoint power plant

Ireland ends four decades of coal-based electricity production by converting its Moneypoint power plant to heavy fuel oil, now exclusively reserved for the balancing market until 2029.
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The Élysée proposes Anne-Isabelle Étienvre, current Director of Fundamental Research at the CEA, as General Administrator to replace François Jacq, recently appointed President of CNES.
The French government formalizes its industrial strategy to develop a competitive national sector for sustainable aviation fuels, aiming to meet domestic demand and strengthen France's export position by 2030.

Q ENERGY inaugurates Europe’s largest floating solar power plant

Les Ilots Blandin plant, covering 127 hectares in Haute-Marne, has an installed capacity of 74.3 MWp, annually supplying electricity to the equivalent of 65% of the local urban community.
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The European Commission unveils an ambitious plan to modernize electricity grids and introduces the Clean Industrial Deal, mobilizing hundreds of billions of euros to strengthen the continent's industrial and energy autonomy.
Envision Energy signs a turnkey contract with Kallista Energy for a 120 MW / 240 MWh energy storage project in Saleux, Hauts-de-France, marking its entry into France’s stationary battery market.

EDF and the French State Agree on €70 Billion Plan for EPR2

EDF and the French state finalize a €70 billion financing plan for six EPR2 nuclear reactors, including a specific territorial coordination framework in Gravelines led by Michel Marbaix, awaiting European approval by 2026.
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The French National Assembly approves a specific target of 200 TWh renewable electricity production by 2030 within a legislative text extensively debated about the future national energy mix.
Three French ministers and major industrial groups sign an agreement to accelerate national production of sustainable aviation fuels, aiming to position France as a European leader in this emerging sector.

Newcleo and Nextchem launch joint venture focused on modular nuclear reactors

Maire S.p.A and Newcleo form strategic partnership to industrialise the development of 200 MW modular nuclear power plants, via a joint venture majority-owned by Nextchem.
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French manufacturer Vallourec will supply Qatar with premium OCTG tubes in a contract worth an estimated $50 million, supporting the planned expansion of oil and gas operations by 2030.
SBM Offshore has secured an operations and maintenance contract from TotalEnergies for the FPSO GranMorgu unit, the first such project in Suriname, covering operational preparation and post-production maintenance for at least two years.

ENGIE and SOLARCYCLE launch innovative recycling programme for solar panels

ENGIE North America and SOLARCYCLE announce a pilot project aimed at the anticipated recycling of approximately one million solar panels, representing a total capacity of 375 MW, integrated from the outset into solar energy supply agreements in the United States.
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Free has formalised its first wind electricity supply agreement with H2air, securing an annual supply of 19 GWh for 15 years from the Limodores wind farm in Haute-Marne.
TotalEnergies and QatarEnergy have won the Ahara exploration licence, marking a new stage in their partnership with SONATRACH on a vast area located between Berkine and Illizi.

TotalEnergies plans to restart its Mozambique gas project by summer 2025

After four years of interruption due to regional insecurity, TotalEnergies announces the upcoming resumption of its liquefied natural gas project in Mozambique, representing a $20bn investment.
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Uranium spot price hits its highest level of 2025 following a significant fundraising announcement by a specialized Canadian investment fund, prompting vigorous trading and strong reactions in the international market.
The Kuwait Authority for Partnership Projects has launched the tender for the 1.1 GW Al Dibdibah and Al Shagaya Phase III Zone 1 solar project, targeting pre-qualified international companies and consortia.