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Russia provides $9bn for Turkey’s Akkuyu nuclear power plant
Ankara confirmed new Russian funding for the Akkuyu project, Turkey’s first nuclear site, strengthening its energy ties with Moscow and advancing its domestic nuclear ambitions.
Second natural hydrogen exploration permit granted to TBH2 Aquitaine
The French government has issued an exclusive mining exploration permit to TBH2 Aquitaine to explore natural hydrogen in the Pyrénées-Atlantiques, bringing the young company’s total number of authorisations to two.

Nigerien junta rejects French accusations over uranium disappearance

Niger’s military regime disputes theft allegations by French prosecutors after uranium stock vanished from a nationalised site previously operated by Orano.
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Gardanne biomass power plant restarts despite criticism over subsidies
After ten years of transition, the Provence thermal power plant now runs on biomass, but its economic model and forest impact continue to raise serious concerns.
BayWa r.e. sells 2.2 GW of projects and prepares for independence by 2028
BayWa r.e. continues its strategic transformation with the sale of 2.2 GW of projects, a withdrawal from Asian markets, internal reorganisation, and a rebranding planned for 2026.

France scraps Arenh and promises stable electricity prices through 2027

A new pricing framework will apply from January 2026 in France, replacing the Arenh mechanism. The state says the reform will not lead to higher bills for most consumers.
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US oil blockade on Venezuela disrupts maritime shipments
Interceptions of ships linked to Venezuelan oil are increasing, pushing shipowners to suspend operations as PDVSA struggles to recover from a cyberattack that disrupted its logistical systems.
Global wind industry suffers historic downturn in 2025 despite Chinese resilience
Policy reversals, reduced performance and corporate disengagement marked an unprecedented slowdown in wind power in 2025, although China continued its expansion at a steady pace.

Nexans sells Autoelectric to Motherson for €207mn, completing its strategic shift

French group Nexans initiates the sale of its Autoelectric subsidiary to India’s Motherson for €207mn ($227mn), marking its full exit from non-electrification activities.
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Davidson Kempner and Fortress take control of Bourbon to relaunch growth
Bourbon enters a new strategic phase following the arrival of Davidson Kempner and Fortress, who have become majority shareholders after a financial restructuring approved by the French courts.
Harbour Energy acquires LLOG Exploration for $3.2bn to boost reserves
Harbour Energy acquires US offshore operator LLOG for $3.2bn, adding 271 million barrels in reserves and establishing a fifth operational hub in the Gulf of Mexico.

France: electricity bills to remain stable in 2026 despite the end of Arenh

The Ministry of the Economy forecasts stable regulated tariffs in 2026 and 2027 for 19.75 million households, despite the removal of the Arenh mechanism and the implementation of a new tariff framework.
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French Electricity Union releases 50 measures to electrify the national economy
The federation of the electricity sector proposes a comprehensive plan to reduce dependence on fossil fuels by replacing their use in transport, industry and housing with locally produced electricity.
China boosts global battery market after key power market reform
China's electricity market overhaul improves the profitability of energy storage, supporting a rapid increase in battery exports as global demand rises with data centres and power grids.

CNOOC launches ninth offshore project in 2025 in the South China Sea

Chinese oil group CNOOC continues its expansion strategy with a new production start-up in the Pearl River Basin, marking its ninth offshore launch in 2025.
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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.
Washington seizes second Venezuela-linked oil tanker in the Caribbean
US authorities intercepted a second oil tanker carrying Venezuelan crude, escalating pressure on Caracas amid accusations of trafficking and tensions over sanctioned oil exports.

The French government asks RTE to maintain the THT line project to Fos

The government confirms the continuation of the high-voltage line construction to Fos-Berre, despite criticism from the public debate and local tensions regarding environmental and economic impacts.
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Kenya launches grid reform to meet the rise of economic zones
Facing a rapid increase in demand across industrial corridors, the Kenyan government is restructuring its power grid to accelerate connections, reduce technical losses and integrate new digital tools.
Shanghai Electric launches 625 MW upgrade to strengthen Iraq’s power grid
Shanghai Electric begins a combined-cycle expansion project across four Iraqi provinces, aiming to boost energy efficiency by 50% without additional fuel consumption.
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BayWa r.e. sells 2.2 GW of projects and prepares for independence by 2028
Ørsted sells 55% stake in Changhua 2 offshore wind farm to Cathay
LG Energy Solution cancels $2.7bn deal with Freudenberg Battery Power
CNOOC launches ninth offshore project in 2025 in the South China Sea
Condor raises $13.65mn to accelerate gas drilling programme in Uzbekistan
Sinopec and LG Chem Sign Agreement to Develop Sodium-Ion Battery Materials
Sinopec and LG Chem announce a strategic partnership to develop key materials for sodium-ion batteries. This collaboration aims to accelerate the commercialization of this technology in energy storage systems and low-speed electric vehicles.
China cancels VAT rebate and reshapes the global solar market
China's decision to cancel the 13% VAT rebate on photovoltaic module exports triggers a sharp price adjustment and reshapes a market under pressure for the past two years.

Qatar threatens to suspend LNG exports to Europe over CSDDD directive

Qatar warns it could halt its liquefied natural gas (LNG) deliveries to the European Union if the CSDDD directive is not softened, a move that reignites tensions surrounding Brussels' new sustainability regulations.
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GCL signs two 100 MW solar projects with PLN IP in Indonesia
GCL Energy Technology strengthens its presence in Southeast Asia by partnering with PLN Indonesia Power to develop two 100 MW solar plants, both ground-mounted and floating, as part of the government’s Hijaunesia program.
Envision Energy and ACWA Power Partner to Industrialize Wind Energy in Central Asia and the Middle East
The Chinese wind turbine manufacturer and Saudi operator sign a seven-year framework agreement to deploy local production lines and enhance technological cooperation in several strategic markets.

EU bans Russian LNG, Arctic bottlenecks and clauses under strain

The gradual ban on Russian cargoes reshapes European flows, increases winter detours via the Northern Sea Route and shifts risk toward force majeure and “change of law,” despite rising global capacity. —
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France: Tenergie installs a 270 kWc solar plant on a quarry site in Bouches-du-Rhône
Tenergie renovated the roof of an industrial hangar at a limestone quarry in Bouches-du-Rhône and installed a 270 kWc solar plant under a 25-year lease agreement with no upfront cost for the company.
Baltic Storage Platform secures €85.6mn for large-scale battery project in Estonia
Baltic Storage Platform secures a record €85.6mn ($90.6mn) to develop two battery energy storage sites in Estonia, marking the first such financing in the Baltics based solely on storage revenue streams.

Vallourec secures over 20,000-ton pipeline contract in Brazil

The French group will supply carbon steel pipelines to TechnipFMC for the offshore Orca project, strengthening its strategic position in the Brazilian market.
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France: REDEN commissions a 3-hectare agrivoltaic greenhouse in Ariège
Energy group REDEN has commissioned a 3-hectare agrivoltaic greenhouse in Montaut, Ariège, combining specialised agricultural production and electricity generation on a single family-run site.
Hyd’Occ brings together hydrogen stakeholders in Béziers ahead of launch
Ahead of Hyd’Occ’s commissioning, Qair hosts hydrogen sector operators and decision-makers in Béziers to coordinate the industrial integration of local production into regional transport.

Shanghai Electric delivers giant components for CRAFT and ITER projects

Shanghai Electric strengthens its position in the global nuclear fusion supply chain with strategic equipment deliveries for the ITER project in France and CRAFT in China.
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The UN validates an Article 6.4 methodology for landfill methane
The Paris Agreement Crediting Mechanism formalizes a landfill-methane methodology, imposes an investment-based additionality test, and governs issuance of traceable units via a central registry, with host-country authorizations and corresponding adjustments required.
Sinopec and BASF align their product carbon footprint accounting methods
Sinopec and BASF have reached a mutual recognition agreement on their carbon accounting methods, certified as compliant with both Chinese and international standards, amid growing industrial standardisation efforts.

Fox ESS partners with Solar Juice to develop 1GWh of storage in Australia

Chinese manufacturer Fox ESS has entered into a partnership with Australian distributor Solar Juice to deploy up to 1GWh of battery capacity, targeting the fast-growing residential and commercial segments of the Australian market.
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G7 launches over 20 projects to counter Chinese influence on critical minerals
Meeting in Canada, G7 energy ministers unveiled a series of projects aimed at securing supply chains for critical minerals, in response to China’s restrictions on rare earth exports.
Washington invests $100mn to modernise coal plants as exports drop 11%
US coal exports fell 11% in the first half of 2025, prompting the Trump administration to commit $100mn to upgrade domestic power plants and support the national energy sector.

JA Solar to supply over 100 MW of modules to 5B for Western Australia project

JA Solar has signed a strategic agreement with Australia's 5B to supply over 100 MW of photovoltaic modules for a large-scale solar project in Western Australia.
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ACWA Power signs $10bn in energy and financing deals at FII9
ACWA Power signed $10bn worth of projects and financing agreements across Central Asia, the Gulf, China and Africa, marking a new phase in its global energy expansion.
Enedis commits €250mn to upgrade Marseille’s electricity network
Enedis plans a €250mn ($264mn) investment to strengthen Marseille’s electricity grid by 2030, including the full removal of paper-insulated cables and support for the port’s electrification.
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