Morocco

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.
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.

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.
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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.
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.

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.
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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.
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.

Mundi Énergies launches twenty renewable energy hubs in Canada with Haffner Energy

Mundi Énergies partners with Haffner Energy to create a network of twenty multi-energy hubs in Quebec, using residual biomass to produce renewable gas and strengthen Canada’s energy independence.
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French nuclear reactor developer Newcleo has submitted its lead-cooled small modular reactor design to Euratom, initiating the first regulatory phase to integrate nuclear non-proliferation safeguards at the European level.
French state utility EDF has increased the maximum estimated cost for building six new nuclear reactors to €72.8 billion ($85.29 billion), representing a 40% rise over the original figure.

France postpones publication of energy roadmap to 2026

The government has postponed the release of the new Multiannual Energy Programme to early 2026, delayed by political tensions over the balance between nuclear and renewables.
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The Council of State has cancelled the authorisation to exploit coalbed methane in Lorraine, citing risks to the region's main aquifer and bringing an end to a legal battle that began over a decade ago.
Technique Solaire has secured €40mn ($43.5mn) in junior debt from BNP Paribas Asset Management to structure two solar portfolios totalling 392 MWp across France, Spain and the Netherlands.

Neoen wins 124 MWp in solar projects in latest French government tender

Independent power producer Neoen has secured six agrivoltaic projects totalling 124 MWp, reinforcing its position as the leading winner in French solar tenders since 2021.
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Solar Energy Corporation of India signed a strategic agreement with Global Energy Alliance to strengthen grid resilience and support the expansion of storage and smart management technologies.
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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JA Solar and Trinasolar top Wood Mackenzie’s latest semiannual ranking despite a sector-wide net loss of $2.2 billion. Industrial leaders are strengthening their grip on global photovoltaic module supply through rigorous financial discipline.
The Paris Council awards a €15bn, 25-year contract to Dalkia, a subsidiary of EDF, to operate the capital’s heating network, replacing long-time operator Engie amid political tensions ahead of municipal elections.
A consortium led by Masdar and CPP Investments proposes to acquire all of ReNew at $8.15 per share, representing a 15.3% increase over the initial offer.
Platts' physical pricing platform records its second-highest LNG trading volume, with nearly 1.5 million tonnes exchanged despite regional demand slowdown.

Reliance Industries posts $2.06bn net profit in second quarter

Reliance Industries reported a 9.67% increase in net profit in the second quarter of fiscal year 2025–2026, driven by recovering petrochemical margins and continued growth in its retail and telecom operations.
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Voltalia has entered a strategic partnership with IFC to develop tailored renewable energy projects for the mining sector across several African countries.
The formal expiration of the 2015 nuclear deal with Iran comes as international sanctions have already been reinstated and diplomatic negotiations remain stalled.

EU bans co-processing to block imports of Russian oil products

The European Commission imposes new rules requiring proof of refined crude origin and excludes the use of mass-balancing to circumvent the Russian oil ban.
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Donald Trump says he secured Narendra Modi’s commitment to end Russian oil imports, adding political pressure to India-Russia trade relations.
Oklo, newcleo and Blykalla partner to develop advanced nuclear fuel infrastructure in the United States, backed by a planned $2bn investment.

France: Enedis reforms off-peak hours for 14.5 million customers from 2025

Enedis will progressively reorganise off-peak hour time slots from 1 November, impacting 14.5 million customers by 2027, under new rules set by the Energy Regulatory Commission.
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The rise of data centres, electrification, Asian industrialisation and military spending are reshaping global copper market dynamics, while insufficient mining investment could increase price volatility.
Beijing calls Donald Trump's request to stop importing Russian crude interference, denouncing economic coercion and defending what it calls legitimate trade with Moscow.

Washington urges Japan to cut energy ties with Russia

The United States has called on Japan to stop importing Russian gas, amid rising tensions over conflicting economic interests between allies in response to the indirect financing of the war in Ukraine.
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India faces mounting pressure from the United States over its purchases of Russian oil, as Donald Trump claims Prime Minister Narendra Modi pledged to halt them.
ABB recorded double-digit growth in sales of equipment for data centres, contributing to a 28% increase in net profit in the third quarter, surpassing market expectations.

Europe spent an extra €930bn on fossil energy between 2021 and 2024

A report highlights the financial burden of fossil imports during the energy crisis and points to electrification as key to European energy security.
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Prime Minister Sébastien Lecornu announced a review of public funding for renewable energy, without changing national targets, to avoid rent-seeking effects and better regulate the use of public funds.
The United Kingdom targets two Russian oil majors, Asian ports and dozens of vessels in a new wave of sanctions aimed at disrupting Moscow's hydrocarbon exports.

The biofuels sector rejects a tax increase deemed brutal

French biofuel stakeholders denounce a tax hike on B100 and E85 announced in the 2026 draft budget, which they say threatens their income and the industrial balance of local areas.
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EDF restarted the Flamanville EPR reactor after repairing non-compliant valves, delaying the target of reaching full power output of 1,620 MW until the end of autumn.
Israeli company Prisma Photonics has raised $30mn in a funding round led by Protego Ventures to develop its artificial intelligence-based detection system for power grids and critical infrastructure.