Saudi Arabia

GridStor acquires 400 MWh storage project in Arizona from Strata Clean Energy

GridStor has acquired a 100 MW battery storage project in Arizona from Strata Clean Energy, under a 20-year tolling agreement with Arizona Public Service to meet rising power demand.

HIF Global selects Electric Hydrogen to equip its e-fuels plant in Texas

HIF Global has chosen American-made electrolyser technology from Electric Hydrogen for its large-scale e-methanol production project in Texas, marking a major industrial milestone in the synthetic fuels sector.

US gas projects slowed by supply chain despite faster federal permitting

Natural gas executives report delays due to turbines, steel and legal risk, even as federal approval timelines improve.
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ERCOT surpasses California with 14.2 GW of battery storage capacity

Texas grid ERCOT becomes the top US battery storage market, contributing over half of national Q2 additions with 3.2 GW and overtaking California for the first time.

Brussels seeks to accelerate ban on Russian LNG in 19th sanctions package

The European Commission is preparing a new sanctions package including an accelerated ban on Russian liquefied natural gas, with negotiations already underway among member states.

Vinci secures €885mn contract for Rail Baltica railway electrification

French group Vinci, through its subsidiary Cobra IS, will electrify 870 kilometres of rail tracks across the Baltic States as part of the Rail Baltica project, in a deal worth €885mn ($944mn).
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Greenlane secures $7.9mn in biogas desulfurization equipment orders across Europe

Canadian supplier Greenlane recorded $7.9mn in third-quarter orders through its subsidiary Airdep, confirming growing demand for its biogas desulfurization systems in Europe and the Americas.

NANO Nuclear sells ODIN reactor technology to Cambridge Atom Works for $6.2mn

The sale of ODINâ„¢ technology to Cambridge Atom Works allows NANO Nuclear to refocus on its modular gas reactor portfolio while capitalising on potential royalty revenue.

Daikin assigns ENGIE to supply solar power to its Texas sites under five-year deal

Japanese manufacturer Daikin has signed a five-year agreement with ENGIE North America to supply solar electricity to its Texas sites, including its main North American production centre.
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Virtual power plant capacity reaches 37.5 GW as corporate activity drives growth

North America's virtual power plant market expanded by 13.7% year-over-year, driven by a more than 33% increase in corporate deployments, end users, and monetised programmes.

Acciona Energía sells majority stake in Chiripa wind farm in Costa Rica

Acciona Energía has sold its 65% stake in the Chiripa wind farm to Ecoenergía for an enterprise value of $80mn, as part of its international asset rotation strategy.

Washington approves $130mn project to connect Moldova’s grid to Europe

The United States is funding a new high-voltage line to integrate Moldova into the European electricity market, following the cutoff of supplies from the separatist Transnistria region.
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Morgan Stanley merges energy and utilities teams into new global group

The US investment bank is restructuring its operations by merging its energy and utilities divisions to form a global power and energy unit.

Brussels and Washington prepare new energy sanctions against Moscow

The European Commission and the United States plan to intensify their economic measures against Russia, targeting the energy sector and cryptocurrencies in a new sanctions package.

Adnoc withdraws $18.7 billion bid to acquire Santos

The consortium led by Adnoc ends its acquisition plans for Santos, the Australian liquefied natural gas supplier, citing commercial and contractual factors that impacted the evaluation of its offer.
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Meyer Burger gives up on rescue amid Chinese pressure and US uncertainty

Facing falling Chinese prices and unstable energy policies in the United States, Swiss solar module manufacturer Meyer Burger announces the end of its recovery efforts.

Paris, Berlin and London give Iran ten days to avoid reinstated sanctions

European powers demand concrete steps from Tehran on nuclear issue or United Nations sanctions will be reinstated, as IAEA inspections remain blocked and tensions with Washington persist.

Elcogen opens €50mn plant in Estonia for fuel cells and electrolysers

Elcogen opens a 14,000 m² facility near Tallinn, increasing annual capacity to 360 MW for Solid Oxide fuel cells and electrolysers, with backing from Baker Hughes and HD Hyundai.
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Acciona Energía deploys a 412MWp solar plant in Rajasthan

Acciona Energía has completed the commissioning of its largest plant in India, a 412MWp solar facility capable of powering 840,000 households annually.

Sion Power launches ultra-thin lithium-metal anode with 2-micron vacuum deposition

Sion Power has developed a vacuum deposition technology enabling the production of ultra-thin lithium-metal anodes, doubling cell life and allowing large-scale industrial manufacturing.

Funds Push European Carbon Positions to Highest Since April

Investors hold 28.9 million EUAs net long as of August 8, four-month record level. Prices stable around 71 euros despite divergent fundamentals.

MARA invests $168mn to acquire 64% stake in EDF’s subsidiary Exaion

MARA strengthens its presence in digital infrastructure by acquiring a majority stake in Exaion, a French provider of secure high-performance cloud services backed by EDF Pulse Ventures.

Washington strengthens ties with Pakistan over minerals and hydrocarbons

The United States plans to collaborate with Pakistan on critical minerals and hydrocarbons, exploring joint ventures and projects in strategic areas such as Balochistan.
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OT Cyberattacks: Energy Sector Faces $329 Billion in Risks

A Dragos report reveals the scale of cyber vulnerabilities in global energy infrastructures. Potential losses reach historic highs.

Grapevine Energy restructures $60mn debt and shifts to private control

Grapevine Energy completes its financial reorganisation, eliminates part of its debt and secures over $60mn in new funding, while appointing a new leadership team to oversee its biofuels operations.

Russia Targets Gas Turbines Over 300 MW in Technological Leap

Moscow is preparing to develop gas turbines exceeding 300 MW while strengthening existing capacities and positioning itself against the most high-performing models worldwide.
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Tigo Energy surpasses 200GWh of reclaimed energy through solar optimisation

Tigo Energy exceeds 200GWh of reclaimed energy across more than 130,000 solar installations, with measurable gains for clients such as Pioneer Market in the United States.

Eleven US companies selected to fast-track small nuclear reactor testing

The United States Department of Energy has selected eleven companies to build experimental nuclear reactors by July 2026, under a programme aimed at meeting rising electricity demand.

United States: Batteries Offset Solar and Wind Slowdown in 2025

U.S. electric storage capacity will surge 68% this year according to Cleanview, largely offsetting the slowdown in solar and wind projects under the Trump administration.
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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.

Symbion commits $700 M for methane power plant tied to DRC-Rwanda peace deal

Symbion Power announces a $700 M investment for a 140 MW plant on Lake Kivu, contingent on full enforcement of the cease-fire signed between the Democratic Republic of Congo and Rwanda.

New Fortress Energy delays release of quarterly results due to debt negotiations

The US liquefied natural gas producer is extending its filing deadlines with the regulator, citing ongoing talks over additional credit support.
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Google partners with Energy Dome for major energy storage project in Oman

Google invests in Italy’s Energy Dome to deploy in Oman a long-duration CO₂-based storage solution, in partnership with Takhzeen Oman and the sovereign wealth fund Oman Investment Authority.

Eco Wave Power completes installation of pilot project at the Port of Los Angeles

Eco Wave Power has completed the full installation of its wave energy system at the Port of Los Angeles, paving the way for initial operational tests scheduled for September.

Radiant signs contract to deliver nuclear microreactor to the US military in 2028

Radiant has signed an agreement with the Department of the Air Force and the Defense Innovation Unit to supply a portable nuclear microreactor, marking a first in mass production for military use.
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Zeo Energy completes acquisition of Heliogen to boost long-duration storage

Zeo Energy has completed the acquisition of Heliogen, creating a new division dedicated to long-duration energy generation and storage for commercial and industrial markets.

JCP&L invests $15.4M in modernising Hunterdon County’s electric grid

Jersey Central Power & Light is investing in a programme to strengthen power lines and electrical equipment to improve service reliability for more than 3,600 customers in eight New Jersey communities.

The global next-generation solar cell market will reach $12.95 billion by 2031

The next-generation solar cell market will grow by 15.73% annually by 2031, driven by diversified uses in residential, industrial, and aerospace sectors.
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The global microgrid market is expected to reach $116.5bn by 2032

Driven by rising demand for energy resilience, the global microgrid market is projected to grow by 15.6% annually between 2025 and 2032, according to SkyQuest Technology Consulting.

Vantage Drilling completes sale of Tungsten Explorer to joint venture with TotalEnergies

Vantage Drilling has sold the Tungsten Explorer drilling vessel to a joint venture with TotalEnergies, while retaining its operational management for a minimum period of ten years.