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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.

Oil industry could unlock 1,000 billion barrels through AI recovery methods

A new analysis estimates that existing oil fields could yield up to 1,000 billion additional barrels without major new discoveries, using proven methods supported by artificial intelligence.
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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.

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.

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.
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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.

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.
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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.

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.
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Macquarie injects $350mn to support Nexamp’s solar and storage expansion in the United States

Macquarie Asset Management has granted $350mn in financing to Nexamp to accelerate the development of large-scale solar and battery storage projects across the U.S.

Independent producers generated $563bn in US GDP in 2024

A study reveals that independent oil and gas producers supported over 3.1 million jobs and generated $129bn in taxes, representing 87% of the US upstream sector’s economic contributions.

Recon wins $5.85mn contract to upgrade major gas field in Central Asia

Recon Technology secured a $5.85mn contract to upgrade automation at a major gas field in Central Asia, confirming its expansion strategy beyond China in gas sector maintenance services.

United States: HydrogenXT secures $900mn financing to launch ten hydrogen sites

HydrogenXT secures a $900mn agreement with Kell Kapital Partners Limited to develop the first ten local zero-carbon blue hydrogen plants along key logistics corridors in the United States.

Adapture Renewables launches its first storage projects with 74 MWh in Texas

Adapture Renewables announces the commissioning of two battery energy storage systems in Texas, totalling 74 MWh in capacity, with technological support from Ascend Analytics for operational optimisation.
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SolarMax Technology wins $127.3mn EPC contract for energy storage project in Texas

SolarMax Technology has signed a key contract to deliver a 430 MWh battery energy storage system in Texas, strengthening its presence in the large-scale US energy solutions market.

5N Plus expands its contract with First Solar to strengthen the supply of critical materials

5N Plus announces the extension of its supply agreement with First Solar, including a 33% increase in cadmium telluride volumes by 2026 and the delivery of new essential materials for photovoltaic production.

Core Natural Resources reports USD220.2mn in cash flow and adjusts its financial policy

Core Natural Resources announces USD220.2mn in operating cash flow for the second quarter of 2025, while revising its capital return strategy and increasing post-merger synergies.
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U.S. uranium production soars in 2024, reaching its highest level in a decade

Uranium output from American mines surged more than thirteen-fold in 2024, driven by increased investment, exploration drilling and a partial restart of industrial capacity across several key states.

NextEra reactivates Duane Arnold nuclear plant to strengthen industrial capacity

NextEra Energy launches the recommissioning of the Duane Arnold nuclear site in Iowa, aiming to inject over 600 MWe back into the grid to meet the growing electricity demand of the American industrial sector.

Brookfield invests $6 billion in Duke Energy Florida

Brookfield acquires 19.7% of Duke Energy Florida for $6 billion, strengthening the group's investment capacity and supporting a five-year modernisation plan valued at $87 billion.
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United States reaches two historic electricity demand peaks in July 2025

U.S. electricity consumption reached unprecedented levels in the last week of July, driven by a heatwave and the growth of industrial activity.

India sends top adviser to Moscow as US steps up pressure on Russian oil imports

The visit of India's national security adviser to Moscow comes as the United States threatens to raise tariffs on New Delhi due to India’s continued purchases of Russian oil.

Siemens Energy sets order record and raises 2025 annual outlook

Siemens Energy posts historic third-quarter orders, significant revenue growth and lifts its dividend ban, reinforcing its backlog strength and ambitions for profitable growth in 2025.
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The United States speeds up lunar nuclear reactor project amid international competition

Nasa has launched a call for tenders for a nuclear reactor on the Moon by 2030, aiming to support American ambitions for a permanent base, despite budget uncertainties and mounting pressure from China and Russia.

Sermatec invests in energy storage in Bulgaria with a 430 MWh project

Shanghai Sermatec Energy Technology Co., Ltd. announces an agreement to supply more than 430 MWh of energy storage in Bulgaria, marking a new step in the expansion of Chinese solutions in the European market.

Chinese manufacturers accelerate global expansion, Wood Mackenzie reports, to overcome trade barriers

The proliferation of Chinese industrial sites abroad, analysed by Wood Mackenzie, allows renewable energy players to expand their hold on the sector despite intensified global protectionist measures.
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U Power secures agreement to deploy 300 battery-swapping electric vehicles in Hong Kong

U Power announces the signing of a letter of intent to supply 300 battery-swapping compatible electric vehicles in partnership with a Hong Kong-based technology manufacturer, marking a major milestone for intelligent commercial mobility.

Japanese refiners face critical challenge of Middle Eastern oil dependency

Record Gulf crude imports expose structural vulnerabilities of Japanese refining amid rising geopolitical tensions and Asian competition.

Sunrun delivers 360 megawatts to the California grid during an unprecedented flexibility test

More than 100,000 residential batteries coordinated by Sunrun delivered 360 megawatts to the California electricity grid, setting a new record for distributed power during an exercise supervised by local authorities.
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Pedro Cherry takes the helm at Mississippi Power during the company’s centennial year

Pedro Cherry becomes chief executive officer of Mississippi Power, succeeding Anthony Wilson, as the company navigates regional growth and significant challenges in the energy sector of the southern United States.

Diamondback Energy reports $699mn net income and intensifies share buybacks in Q2 2025

Diamondback Energy posted a $699mn net income for the second quarter of 2025 and accelerated its share repurchase programme, supported by record production and an upward revision of its annual guidance.