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Chevron and HelleniQ Energy submit joint bid for four gas blocks off Crete
US-based Chevron has submitted a bid with HelleniQ Energy to explore four offshore blocks south of Crete, marking a new strategic step in gas exploration in the Eastern Mediterranean.
Hungary and Poland accelerate solar and battery growth in Central Europe
Solar growth in Central Europe has doubled that of the European Union since 2019, reshaping the energy mix and boosting battery manufacturing in the region.

European Union targets eight bottlenecks to secure its power grid

The European Commission launches a regulatory plan addressing eight major power grid blockages to reduce price disparities and strengthen energy security across the Union.
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Hynfra signs $1.5bn framework agreement for green ammonia in Mauritania
Hynfra PSA strengthens its presence in West Africa with a $1.5bn green ammonia project, backed by the Mauritanian government, with commercial operations expected to start by 2030.
Imperial Petroleum invests in seven vessels despite a 22.8% drop in revenue
Imperial Petroleum expanded its fleet to 19 vessels in the second quarter of 2025, while reporting a decline in revenue due to lower rates in the maritime oil market.

Greek shipowners cut Russian crude links under new compliance rules

Greek shipping companies are gradually withdrawing from transporting Russian crude as the European Union tightens compliance conditions on price caps.
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Lyten restarts Northvolt operations in Sweden with former executive team
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 cuts costs and accelerates wind project sales
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 new projects obtain CB RES status and join the Commission list
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.
Global renewable energy investments reach $386 billion in first half
Driven by distributed solar and offshore wind, renewable energy investments rose 10% year-on-year despite falling financing for large-scale projects.

AP1000 reactor certification extended in the US until 2046

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.
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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.
Valorem inaugurates 313 MW wind farm in Finland with 1 TWh annual output
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.

Metacon confirms partial delivery and receives EUR 14.9 million

Metacon receives EUR 14.9 million from Motor Oil Hellas for the approved delivery of ten electrolysis units, marking the first stage of a strategic industrial project in Greece.
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The United States Sanctions Greek Shipper for Iranian Oil Trafficking
Washington increases pressure on Iran’s oil sector by sanctioning a Greek shipper and its affiliates, accused of facilitating crude exports to Asia despite existing embargoes.
Photon Energy Group posts 7.5% growth despite declining EBITDA
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 signs a national agreement to provide valve services to Petrobras
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.
The Alexandroupolis FSRU Restarts at Reduced Capacity in a Reshaping Regional Market
After a prolonged technical shutdown, the Greek floating terminal resumes operations at 25% capacity, with near-saturated reserved capacity and an expanded role in exports to Southeast Europe.
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Ecoener commissions Guatemala’s largest solar plant with 74.7 MWp
NextDecade signs 20-year LNG deal with EQT for 1.5 MTPA from Train 5
Tenergie begins construction of 5.14 MWp solar plant in Cabrières d’Avignon
Lhyfe begins green hydrogen deliveries in the Netherlands for the GROHW project
Teréga and GRDF deploy new biomethane backfeed station in Moncrabeau
Masdar and Taaleri Energia strengthen their Polish portfolios
Masdar and Taaleri Energia announce the acquisition of eight wind and solar projects in Poland, marking a significant expansion of their presence in Europe.
7 countries join the PPCA for a coal-free future
Seven countries, including the USA and the Czech Republic, commit to eliminating coal-fired power generation by 2030, marking a decisive turning point in the fight against climate change.

International agreement to triple nuclear capacity by 2050

The agreement signed by 22 countries at the Climate Change Conference in Dubai aims to triple global nuclear capacity by 2050, marking a decisive turning point in the fight against global warming.
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Hycamite TCD Technologies receives major investment
A new era for industry: Hycamite TCD Technologies revolutionizes decarbonization with its zero-emission sustainable hydrogen.
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Sunlight Group acquires 100% of Triathlon Holding
Sunlight Group takes a decisive step in its global expansion by acquiring 100% of Triathlon Holding GmbH. This consolidation will strengthen the company's leading position in industrial mobility batteries and renewable energy storage, opening up new opportunities for innovation and growth.
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Finland’s Gasum terminates Gazprom pipeline contract

Gasum, the main Finnish state-owned gas distribution company, has decided to terminate its natural gas purchase contract with Gazprom Export, Gazprom's export subsidiary in Russia. This decision follows an ongoing dispute over payments and interruptions in pipeline gas deliveries since May 2022.
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Neoen and Prokon start construction of two wind farms in Finland
Neoen and Prokon take a significant step in renewable energy in Finland with the launch of the Storbötet and Lumivaara wind farms. These projects, supported by Equinix, reinforce Neoen's position as a leader in the energy transition and contribute to the goal of climate neutrality.
Helleniq Energy close to closing green hydrogen investment
Helleniq Energy, Greece's largest oil refinery, is taking a decisive step in its transition to cleaner energy. The company is preparing to invest in green hydrogen and is also evaluating the possibility of adopting blue hydrogen to reduce its carbon footprint.

GE Renewable Energy wins contract from PGE Energia Odnawianla S.A.

Poland continues its commitment to energy transition with the rehabilitation of the Porabka Zar hydroelectric plant. GE Renewable Energy has signed a contract with PGE Odnawialna S.A. to replace the four aging turbines with new, more efficient and reliable equipment.
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Enel Green Power Hellas: a new acquisition for Macquarie
Enel is expected to sell about 50% of its Greek renewable energy subsidiary, Enel Green Power Hellas, to Macquarie by May, as part of its strategy to reduce debt and streamline international operations.
Russia takes steps to protect its assets from foreign sanctions
Russia has taken steps to protect its assets by signing a decree that temporarily places the Russian assets of two foreign energy companies under its control. This decision is seen as a response to unspecified actions contrary to international law.

Nexans: sales decline in 1Q, electrification continues

Nexans sees its sales fall slightly in the first quarter of 2023 due to the decline in aluminum and copper prices. The group is refocusing on electrification by progressively abandoning its telephone and data cable activities.
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Kemijoki Oy modernizes its hydroelectric plants
Kemijoki Oy is retrofitting its hydroelectric power plants with SF6-free vacuum circuit breakers to minimize downtime and reduce its environmental impact. This successful initiative complies with the latest global Dual Logo standard and is expected to be replicated in other power plants.
Infractions: the European Commission sanctions
The European Commission is taking legal action against EU countries that do not meet their energy obligations.

Baltica 2: Poland’s largest offshore wind project announced by Siemens Gamesa

Poland is moving towards greener energy with the Baltica 2 offshore wind project, which will be equipped with 107 14 MW wind turbines supplied by Siemens Gamesa. This facility is expected to significantly reduce CO2 emissions while enhancing the country's energy security.
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PGE – Siemens agreement: offshore wind turbines for the Baltica 2 project
Poland's largest state-owned energy company, PGE, signs a landmark agreement with Siemens Gamesa Renewable Energy to supply 107 offshore wind turbines for the Baltica 2 project. The project is expected to be completed by the fourth quarter of 2027.
UK warns of Russia’s cyber threat
Increased Russian cyberattacks on critical infrastructure in Europe are causing concern among politicians and cybersecurity experts. A look at the latest warnings issued by several European countries, as well as the measures taken to protect endangered energy infrastructures.

Russia “maps Nordic underwater energy assets”

Russian spy ships have been spotted mapping energy and telecommunications infrastructure in northern waters. Nordic broadcasters have tracked messages from these ships to Russian naval bases, suggesting an information-gathering operation potentially for acts of sabotage.
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Poland: KGHM applies for approval of SMR project
Poland is turning to nuclear power to diversify its energy sources and reduce carbon emissions. Two modular nuclear power plant projects are being developed by KGHM and Orlen Synthos Green Energy, with the support of the Polish government.
Huittinen project: a solar farm project in development
OX2 has acquired the rights to a solar farm project in Finland, which will be included in its project development portfolio. With an estimated annual production of 475 GWh, the project strengthens Finland's position as a leader in large-scale solar power generation.
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