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Switzerland

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.

Zelestra and BKW partner on 2 GWh battery storage megaproject in Italy

A long-term tolling agreement between Zelestra and BKW targets the construction of a 2 GWh battery energy storage system in northern Italy, with full commissioning scheduled for 2028.

Italy faces ten-year delay on EU climate targets

A report from energy group Edison highlights structural barriers slowing renewable deployment in Italy, threatening its ability to meet 2030 decarbonisation targets.
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Vema Hydrogen forme un conseil scientifique d’élite pour soutenir son expansion industrielle

Vema Hydrogen mobilise des experts internationaux pour accélérer la mise sur le marché de son hydrogène minéral, alors que l’entreprise prévoit de forer ses premiers puits pilotes en Amérique du Nord d’ici la fin de l’année.

Return of IAEA inspectors to Iran after one month of diplomatic breakdown

Iran once again authorises the International Atomic Energy Agency to inspect its nuclear sites, following a suspension triggered by a dispute over responsibility for Israeli strikes.

Ukrainian Arrested in Italy Refuses Extradition for Nord Stream Sabotage

First suspect linked to the Nord Stream pipeline explosions, a Ukrainian citizen challenged by Berlin opposes his judicial transfer from Italy.
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GIP Acquires 49.99% Stake in Eni CCUS Holding in Strategic Carbon Deal

Eni sells nearly half of Eni CCUS Holding to GIP, consolidating a structure dedicated to carbon capture and storage projects across Europe.

TCL SunPower Global partners with Energia Italia to strengthen its network in Italy

TCL SunPower Global entrusts the distribution of its solar panels to Energia Italia, thereby consolidating its presence in the Italian market within a context of strategic restructuring.

Bonatti Secures the Key Contract for Pacifico Mexinol Project Infrastructure

Transition Industries assigns Bonatti to build core infrastructure for Pacifico Mexinol, a strategic methanol complex in Mexico poised to become a major global player.
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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.

Quercus and Elionia secure €76 mn for three biomethane plants in Italy

Quercus Real Assets and Elionia finalise a €76 mn bank financing to build three biomethane plants in Italy, with 50% of the debt guaranteed by SACE.

Energy Vault launches Asset Vault with $300 mn investment to accelerate 1.5 GW energy storage

Energy Vault secures an exclusive $300 mn commitment to support the creation of Asset Vault, a subsidiary dedicated to building and operating 1.5 GW of energy storage projects across several continents.
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Transocean reports a net loss of $938mn in the second quarter despite revenue growth

Swiss group Transocean reported a net loss of $938mn for the second quarter 2025, impacted by asset impairments, while revenue rose to $988mn thanks to improved rig utilisation.

EU suspends 93 billion euros in tariffs against Washington

Brussels freezes its retaliatory measures for six months as July 27 deal imposes 15% duties on European exports.

ERG commissions a 47 MW wind farm in Northern Ireland

ERG launches a new 47.3 MW wind farm in Corlacky, featuring eleven turbines, bringing its installed capacity in the United Kingdom to 340 MW and confirming its investment strategy.
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Audax Renovables invests EUR17mn in a 21.88 MWp photovoltaic plant in Spain

Audax Renovables commits EUR17mn to a 21.88 MWp solar plant in Navalmoral de la Mata, targeting annual output of 42 GWh, backed by structured financing from the European Investment Bank.

A2A signs 15-year agreement with ERG for 2.7 TWh of wind energy in Italy

A2A and ERG have concluded a fifteen-year power purchase agreement for 2.7 terawatt-hours, consolidating wind energy supply and price stability for Italian businesses and households.

ERG S.p.A. posts EBITDA of €274 mn in H1 2025 despite weak wind conditions

ERG S.p.A. reports consolidated EBITDA of €274 mn in the first half of 2025, impacted by unfavourable wind conditions, but sees quarterly results improve thanks to the commissioning of new wind and storage assets.
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Enel posts 11% drop in half-year profit despite rising revenue

Italian group Enel reports net profit of €3.4bn for the first half, down from last year, while revenue rises to €40.8bn amid market volatility.

Nexans doubles its half-year net profit driven by electrification demand

Nexans reports a 113% increase in net profit for the first half, supported by the growth of its electrification activities and the upward revision of its financial targets for the year.
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80 Mile increases its stake in Hydrogen Valley to 49% and signs an agreement with Tecnoparco

80 Mile announces that it has increased its stake in Hydrogen Valley to 49% and signed a memorandum of understanding with Tecnoparco for the supply of 40,000 tonnes of biofuel per year, aiming to reduce palm oil dependency.

Sonatrach and ENI Seal $1.35 Billion Contract in Algeria

Sonatrach and ENI have signed a $1.35 billion production-sharing agreement aiming to extract 415 million barrels of hydrocarbons in Algeria's Berkine basin, strengthening energy ties between Algiers and Rome.

EDF launches its nuclear Technocentre in Fessenheim, estimated investment of €450 million

EDF confirms the continuation of its industrial project in Fessenheim for recycling very low-level radioactive metals, a first in France requiring specific regulatory authorizations, following a public debate concluded last February.
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Côte d’Ivoire and Eni strengthen their energy partnership with the Baleine project

Côte d'Ivoire and the Italian group Eni assess progress on the Baleine energy project, whose third phase plans a daily production of 150,000 barrels of oil and 200 million cubic feet of gas for the Ivorian domestic market.

Plenitude starts 200 MW solar park in Andalusia for 2026

Italian group Plenitude has begun building Entrenúcleos, a 200 MW photovoltaic plant near Seville, set to deliver more than 435 GWh a year from 2026 while trialling locally produced green steel.

Glencore in talks with London over future of insolvent Lindsey oil refinery

Swiss commodities trader Glencore has initiated discussions with the British government regarding its supply contract with the Lindsey refinery, placed under insolvency this week, threatening hundreds of jobs and the UK's energy security.
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Dalinar Energy wins recommendation to acquire Citgo with $7.38bn bid

Dalinar Energy, a subsidiary of Gold Reserve, receives official recommendation from a US court to acquire PDV Holdings, the parent company of refiner Citgo Petroleum, with a $7.38bn bid, despite a higher competing offer from Vitol.

Natural hydrogen: France on the verge of redefining its national and European energy strategy

The official confirmation in June 2025 by the French government regarding the detection of significant natural hydrogen reserves in Lorraine, the Pyrenees, and Aquitaine could represent a major strategic turning point for national and European energy sovereignty. However, the technical, economic, and environmental challenges associated with its exploitation might slow its large-scale implementation.

The climate crisis intensifies economic risks linked to extreme weather events

Prolonged heatwaves and environmental disasters are intensifying, leading to significant financial impacts in the energy, agriculture, and real estate sectors, according to the latest UN and IEA reports.
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Eni launches its first agri-hub for industrial-scale vegetable oil production in Congo

Eni has inaugurated its first vegetable oil extraction plant in Loudima, Republic of the Congo, marking the country's entry into the global biofuel supply chain for the transport industry.

Pronur launches operations in Saudi Arabia to strengthen renewable energy solutions

Italian group Pronur establishes itself in Saudi Arabia with support from AstroLabs, aiming to provide advanced technologies in the renewable energy sector and develop new industrial partnerships.

Ardian acquires 117 solar power plants in Italy to strengthen its energy platform

Ardian Clean Energy Evergreen Fund takes control of 117 photovoltaic plants totalling 116 MW in Italy, further consolidating its presence in the country’s renewable energy sector.
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Orlen ends Russian oil purchases for Czech refinery after contract expiry

Orlen announces the definitive halt of its Russian oil purchases for the Czech Republic, marking the end of deliveries by Rosneft following the contract expiry, amid evolving logistics and diversification of regional supply sources.

France: EDF and Marcegaglia conclude a ten-year electricity agreement in Fos-sur-Mer

EDF and Italy’s Marcegaglia signed a letter of intent for a ten-year nuclear electricity supply contract, covering half of the energy needs for the future industrial site in Fos-sur-Mer starting from 2029.

Plenitude and Modine launch 1.585 MWp solar power plant in Italy

Plenitude and Modine have signed an agreement to build a photovoltaic plant with an installed capacity of 1.585 MWp in Pocenia, designed to power thermal and refrigeration equipment at Modine’s Italian industrial site, without initial investment.
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World Bank resumes nuclear financing after decades of absence

After several decades without funding nuclear projects, the World Bank has formed a strategic partnership with the IAEA to provide technical and financial support to countries integrating nuclear energy into their energy strategies.

Sasol and Akuo sign major solar energy supply agreement

Sasol International Chemicals concludes a virtual contract with Akuo to supply half of the electrical needs for its Lake Charles industrial complex in the United States, via a solar plant scheduled for 2026.

Trianel deploys 900 MW battery to bolster German grid flexibility

Trianel teams with BKW and Luxcara to build a 900 MW lithium-iron-phosphate storage park in Waltrop, the first phase of a complex that could reach 1.5 GW and stabilise the German grid.
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Ares Management acquires 20% of Plenitude’s capital for 2 billion euros

The US investment fund Ares Management enters Plenitude's capital by acquiring a 20% stake from Eni, valuing the Italian company at 10 billion euros and reinforcing its integrated energy strategy.

UK invests £2.5 billion to lead global nuclear fusion sector

With a major investment of £2.5 billion, London confirms its ambitious nuclear fusion strategy through the STEP project, aiming to build an industrial prototype by 2040 that will generate jobs, innovation, and economic growth.
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