Mozambique

IsoEnergy acquires Toro Energy for $49mn, creating global uranium platform

Canada’s IsoEnergy will acquire Australia’s Toro Energy for AUD75mn ($49mn), creating a diversified uranium production platform with assets across Australia, Canada and the United States.

EDP secures Australian contracts for 1.7 GW solar and battery projects

EDP will accelerate two major solar projects in Australia after securing government-backed contracts under the Capacity Investment Scheme.

Sizewell C signs two major contracts for nuclear fuel supply

The upcoming Sizewell C nuclear power plant secures its fuel supply through agreements signed with Urenco and Framatome, marking a key step in strengthening the United Kingdom’s long-term energy stability.
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Spark Renewables secures key contract for 357 MW wind farm in Australia

The Dinawan Wind Farm project, first phase of a 1.3 GW energy hub, was selected in the fourth tender round of the Capacity Investment Scheme launched by the Australian Government.

Australia exceeds target with 6.6GW awarded in latest tender round

The Australian government awarded contracts to 20 renewable and storage projects, surpassing the initial 6GW goal under the fourth round of the Capacity Investment Scheme.

Australia loses Asian markets for seaborne thermal coal

Falling Chinese imports and Asia’s regional pivot increase pressure on Australian thermal coal exporters.
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ENGIE secures 31GWh/year of biomethane from CVE Biogaz in Ludres

ENGIE signs a 15-year agreement with CVE Biogaz for the purchase of biomethane produced in Ludres, under the Biogas Production Certificates mechanism, marking a structuring step for the sector's development in France.

France slows emissions reduction with only 0.8% drop expected in 2025

Citepa projections confirm a marked slowdown in France's climate trajectory, with emissions reductions well below targets set in the national low-carbon strategy.

France launches public debate on radioactive waste management until February

A nationwide debate on radioactive waste strategy begins on October 13 for four months. It will accompany the preparation of the next five-year roadmap regulating storage, treatment and funding policies through 2031.
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Engie and Masdar secure 1.5 GW solar project in Abu Dhabi

The consortium led by Engie and Masdar has been selected to develop a 1.5 GW photovoltaic plant in Abu Dhabi, aimed at expanding the emirate’s solar capacity under its long-term energy strategy.

Jihadist attacks resume in Palma, threatening TotalEnergies’ gas project in Mozambique

A jihadist attack targeted Palma, a strategic area in northern Mozambique, marking a return of insecurity near TotalEnergies' suspended gas project since 2021.

EBRD and Qair in talks for €19mn financing of 100 MW solar plant in Gafsa

The European Bank for Reconstruction and Development is reviewing a loan for a 100 MW photovoltaic project led by Qair in Tunisia, backed by a long-term power purchase agreement with the national utility.
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Gauss Fusion unveils Europe’s first industrial design for a fusion power plant

Gauss Fusion has released a full-scale plan for GIGA, its first commercial fusion power plant, amid Germany’s growing ambition to lead the future energy race.

Bercy veto blocks ABB’s attempt to acquire Legrand

ABB made several attempts to acquire Legrand, but the French government opposed the deal, citing strategic concerns linked to data centres.

Launch of a €400,000 local fundraising campaign for a wind farm in Brittany

Wpd launches a crowdfunding campaign to support the construction of the Bréhand wind farm, aiming to raise €400,000 from residents with a fixed annual interest rate of 7%.
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CVE installs 140 kWc agrivoltaic demonstrator on cattle farm

French independent producer CVE has commissioned an agrivoltaic pilot project in Haute-Loire, aiming to test solar panel integration on a cattle farm ahead of a future 12 MWc installation.

EDF lowers expected output of Flamanville EPR to 1,585 MW

EDF anticipates a 35 MW decrease in output for the Flamanville EPR between 2026 and 2031, citing a degraded performance level with no official technical explanation to date.

French electricity pricing reform raises concerns over increased consumer exposure

A parliamentary report questions the 2026 electricity pricing reform, warning of increased market exposure for households and a redistribution mechanism lacking clarity.
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Chevron appoints former TotalEnergies executive to lead African exploration

US-based Chevron appoints Kevin McLachlan, a veteran of TotalEnergies, as its global head of exploration, in a strategic move targeting Nigeria, Angola and Namibia.

Air Liquide invests $50mn to expand its hydrogen network in Texas

Air Liquide announces a $50mn investment to strengthen its hydrogen network on the US Gulf Coast, following long-term contracts signed with two major American refiners.

U.S. uranium purchases reach 55.9 million pounds in 2024

Uranium deliveries to U.S. civilian operators rose 8% in 2024, while the average price climbed to its highest level since 2012, according to the latest available data.

Fluxys declares force majeure at Dunkirk, disrupting LNG deliveries

The Dunkirk LNG terminal, the second largest in continental Europe, is seeing reduced capacity due to a nationwide strike disrupting all French LNG infrastructure.

TotalEnergies sells Norwegian oil assets to Vår Energi to reduce debt

TotalEnergies has reached a deal to sell mature offshore oil fields in the North Sea to Vår Energi as part of a $3.5bn divestment plan aimed at easing its rising debt.
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DRC caps cobalt exports at 96,600 tonnes until 2027

Kinshasa replaces export ban with a quota system covering just half of its output, triggering a price surge and global supply tensions.

Petronas Gas separates regulated and non-regulated activities in major reorganisation

Petronas Gas restructures its operations by transferring regulated and non-regulated segments into separate subsidiaries, following government approval to improve transparency and optimise the group’s investment management.

ASEAN reignites regional energy integration with cross-border electricity grid

The ASEAN Power Grid enters a strategic phase with renewed support from regional and international institutions to structure electricity trade among member states and secure the necessary investments.
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Marubeni creates power trading joint venture with SmartestEnergy in Japan

Marubeni Corporation has formed a power trading unit in joint venture with UK-based SmartestEnergy, targeting expansion in Japan’s fast-changing deregulated market.

Neoen launches 905 MWh long-duration battery and commissions Collie 2 in Australia

Neoen begins construction of its first six-hour discharge battery in Western Australia and commissions the second phase of Collie, surpassing 3 GWh of storage capacity in the State.

Orano wins legal case in uranium dispute over Somaïr site

An international tribunal ruled in favour of French company Orano against the State of Niger, which had blocked the sale of uranium extracted from the Arlit mine since taking control of the site in 2023.
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SIG launches €1.6mn fundraising for 12 solar projects in Italy

Sun Investment Group has launched a crowdfunding campaign with Enerfip to raise up to €1.6mn ($1.7mn) to support the development of twelve photovoltaic plants in Italy totalling 113 MW.

France, Spain and Portugal seek to speed up electricity interconnectors

The three countries will hold a meeting in October to unlock interconnector projects, following a major blackout that exposed the fragility of the Iberian Peninsula’s electricity integration.

Boralex launches energy support programme for residents near its power plants

Boralex rolls out an energy assistance scheme for residents near its wind and solar farms, with a pilot project launched in two communes in Haute-Loire.
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TotalEnergies cuts investments while accelerating energy production

TotalEnergies plans to increase its energy production by 4% annually until 2030, while reducing global investments by $7.5bn amid what it describes as an uncertain economic environment.

EDF to invest €25bn to strengthen nuclear capacity by 2030

EDF plans a massive €25bn ($26.5bn) investment to modernise its nuclear fleet, focusing on reactor lifetime extension and preparing for new nuclear projects in France.

Exxon requests security guarantees for Mozambique gas project

Exxon is seeking direct support from the Mozambican government to secure its Rovuma LNG project, as Islamist violence continues to hinder investment in the country’s north.
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Eiffage secures €1.5bn contract for offshore wind substations

Eiffage, through its Belgian subsidiary Smulders, will build three electrical substations to connect offshore wind farms in Brittany and the Mediterranean, under a contract exceeding €1.5bn ($1.59bn).

TotalEnergies postpones Mozambique LNG gas project restart to 2029

TotalEnergies has set 2029 as the restart date for its Mozambique LNG project, frozen since 2021, delaying the exploitation of a strategic investment worth more than $20bn in liquefied natural gas.

EDF nuclear costs kept under control until 2028 according to CRE

The French Energy Regulatory Commission set the full nuclear cost at €60.3/MWh by 2026, outlining the taxation thresholds applicable under the market reform scheduled for 2026.
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Transgrid to mobilise up to 5 GW of batteries to stabilise New South Wales grid

Transgrid plans to contract up to 5 GW of grid-forming batteries to strengthen the stability of New South Wales’ electricity network during the energy transition.

European Union unlocks €545mn to modernise African power grids

Nine African countries will receive €545mn ($638mn) in European Union funding to support rural electrification and strengthen regional renewable energy infrastructure.