Swedish group Vattenfall improves its underlying operating result despite the end of exceptional effects, supported by nuclear and trading activities, in a context of strategic adjustment on European markets.
Daiei Sangyo partners with Truewin Technology and Formosa Japan to develop 100 energy storage sites totalling 800MWh and expand into power-linked data centre operations.
The carbon removal technology sector is expanding rapidly, backed by venture capital and industrial projects, yet high costs remain a significant barrier to scaling.
An Italian appeal court has approved the extradition to Germany of a former Ukrainian commander suspected of coordinating the 2022 sabotage of the Nord Stream gas pipeline, a decision now challenged in cassation.
According to the Oxford Institute for Energy Studies, a stable gas price of $6/MMBtu would boost global demand by 60 billion m³ in the short term and 120 billion m³ by 2035, mainly driven by Asia.
The two partners finalise agreements to industrialise an eMethanol production site in Umeå, with commissioning scheduled for 2028 and a target of capturing 150,000 tonnes of CO₂ annually.
A technical study commissioned by Novatron Fusion Group identifies Finland as the most prepared country to host a fusion reactor, despite favourable conditions across the Nordic region.
Lyten has completed the acquisition of the Northvolt Dwa site in Poland, Europe’s largest energy storage system factory, and plans to deliver its first commercial units before the end of 2025.
Metacon acquired components from the bankruptcy estate of Hynion Sverige AB for SEK3.5mn ($320,000), aiming to support its hydrogen refuelling station projects in Sweden.
Swedish company Liquid Wind has secured €3.6mn in public funding for the engineering phase of its eMethanol plant, integrated into a biomass-fuelled cogeneration site.
Danish group Orsted will cut a quarter of its workforce by 2027 and reduce its exposure to the United States, relying on a $9.4 billion recapitalisation to consolidate its development in Europe and Asia.
GVH and Samsung C&T join forces to accelerate international deployment of BWRX-300 small modular reactors, with a strong focus on Sweden and the consolidation of the nuclear supply chain.
An analysis by Wood Mackenzie shows that expanding UK oil and gas production would reduce costs and emissions while remaining within international climate targets.
The Swedish government aims to establish a right to compensation for operators if a political reversal leads to the early shutdown of nuclear plants, in a move to reduce investment risks.
Swedish firm Metacon has secured a EUR7.1mn ($7.7mn) contract to deliver a 7.5 MW electrolysis plant to Elektra Power SRL, marking its operational entry into the Romanian market.
Statkraft continues its strategic shift by selling its district heating unit to Patrizia SE and Nordic Infrastructure AG for NOK3.6bn ($331mn). The deal will free up capital for hydropower, wind, solar and battery investments.
The Swedish energy group aims to produce 9TWh per year with its Storlandet project, intended to meet rising demand from the mining and steel industries in the north of the country.
Metacon AB has signed a final agreement to supply an additional 20 MW capacity to Motor Oil, thereby completing a 50 MW hydrogen production project in Corinth.
Copenhagen Infrastructure Partners has secured financing for the Fengmiao I offshore wind farm, a 495 MW project off the coast of Taiwan, marking a significant step forward for the local industry.
Swedish battery manufacturer Northvolt has filed for bankruptcy, citing financial difficulties exacerbated by market instability and rising costs. This bankruptcy raises questions about the viability of European battery production in the face of Asian competition.
Billion Watts Technologies Co., Ltd. and Shinshin Credit Corporation have commissioned a 64 MW energy storage facility in March, enhancing Taiwan’s power grid stability and supporting the increasing integration of renewable energy.
KHNP and Samsung C&T have signed an agreement to collaborate on international nuclear projects, aiming to strengthen their global competitiveness, particularly in the rapidly growing Asia-Pacific market.
Modvion has obtained TÜV SÜD certification for its wooden wind turbine tower, designed for a 6.4 MW onshore turbine. This validation enables the company to consider mass production and expand its offering in the European market.
Svea Solar has signed multiple land agreements to develop eight solar parks in Sweden, totaling a capacity of 500 MW. The projects will be spread across the central region and southern Norrland, with construction set to begin in 2026.
US President Donald Trump has announced an Alaska pipeline project to transport natural gas to the Asian market, with ongoing discussions for partnerships with Japan and South Korea.
Renewable energy producer Neoen confirms its financial goals for 2025, despite a significant drop in net profit in 2024, mainly due to the high cost of its debt.
Eco Wave Power shows notable financial progress for 2024, with reduced operating expenses and a strengthened cash position. The company continues its international expansion with key projects in Israel, the United States, Portugal, and Asia.
Uniper recorded adjusted EBITDA of €2.61 billion in 2024, significantly down from the previous year. The company has reduced its business risks, notably by terminating its gas supply contracts with Gazprom Export, and plans to make a €2.6 billion payment to the German state.
Kärnfull Next announced that it will conduct feasibility studies for the installation of small modular reactors (SMRs) in the municipality of Karlshamn, in Blekinge County, Sweden, as part of its Re:Firm South programme.
Eleven European countries urge the European Commission to include nuclear energy in the Affordable Energy Action Plan, aimed at reducing energy costs and enhancing the continent's energy security.
Hexana and Tractebel form a strategic alliance to support the development of a sodium-cooled fast neutron reactor. Meanwhile, Blykalla and Newcleo collaborate on material research for lead-cooled reactors.
Kärnfull Next has secured land rights for its small modular reactor (SMR) project in Valdemarsvik, southeastern Sweden. This milestone marks a key step towards nuclear power generation in the region.
GAIL, Indian Oil, and BPCL are in talks with U.S. suppliers to purchase additional liquefied natural gas (LNG). The objective is to diversify supply sources and secure extra volumes following the lifting of U.S. export restrictions.
Amid trade tensions with the United States, Taiwan's state-owned CPC Corporation is exploring an increase in its purchases of American natural gas. This decision could reshape its supplier distribution and redefine its international energy relations.
International Petroleum Corporation (IPC) repurchased 407,001 of its own shares between February 3 and February 7, 2025, as part of its ongoing buyback program. These transactions are part of the company’s capital management strategy and involve the Stockholm and Toronto markets.
Alfa Laval has signed an agreement to acquire NRG Marine, a UK-based company specializing in ultrasonic anti-fouling technology. This acquisition aims to enhance the group’s offering in the maritime, oil, and industrial sectors in response to the growing demand for these innovative solutions.
Swedish developer Blykalla has begun construction of a pilot facility to test a prototype of an advanced modular reactor. This project aims to validate key components and safety systems, with the support of industrial partners and public funding.
