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.

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.
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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.

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.

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.
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Bpifrance grants €17mn to Wysenergy for 9-MW wind farm in Marne

Swiss company Wysenergy has secured public funding for its first wind project in France, located in the municipality of Faux-Fresnay and selected under the PPE2 tender scheme.

GE Vernova modernises TransnetBW’s key cross-border power hub in Germany

GE Vernova has secured a major contract to modernise the Kühmoos substation in Germany, enhancing grid reliability and integration capacity for power flows between Germany, France and Switzerland.

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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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.

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.

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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Italiana Petroli to Decide Buyer by Late June for Estimated €3 Billion Sale

Italiana Petroli, in negotiations with three potential buyers, is expected to finalize the total sale of the group for around €3 billion by late June, according to several sources close to the matter speaking to Reuters on Thursday.

DR Congo replaces cobalt export ban with quota system

The Democratic Republic of Congo is set to replace its temporary ban on cobalt hydroxide exports with quotas, aiming to balance global demand, secure revenue, and stabilize market fluctuations.

Berlin firmly opposes any reactivation of the Nord Stream 2 pipeline

Friedrich Merz confirmed that Germany would block any attempt to relaunch the Nord Stream 2 pipeline, despite internal calls suggesting a potential reopening of dialogue with Moscow.
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Ivory Coast approves $60mn solar power plant in Katiola

The Ivorian government has approved a 25-year concession for an 85,934 MWh solar power plant in Katiola under a public-private partnership with Swiss energy firm JC Mont-Fort.

Eni sells 20% of Plenitude to Ares in $13bn valuation deal

Italian group Eni enters exclusive talks with Ares to sell a minority stake in Plenitude as part of a targeted funding strategy for its low-carbon subsidiaries.

Axpo secures strategic contract to deliver 115 GWh of solar electricity to Auchan

Axpo will manage balancing and market delivery of solar electricity supplied to Auchan in Poland under a structured agreement with GoldenPeaks Capital.
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Elcogen signs agreement with Casale to integrate green hydrogen into ammonia

Elcogen and Casale begin collaboration on Power-to-X projects combining solid oxide electrolysis and chemical processes in green ammonia production.

Synhelion powers a Harley with solar gasoline for the first time

Synhelion completed the world’s first on-road test of solar fuel, powering a Harley-Davidson without modification, a key industrial step for the production of synthetic fuels compatible with existing combustion engines.

Overcapacity and rationalization: The global petrochemical industry is changing

Global overcapacity in the petrochemicals sector, exacerbated by Chinese expansion and energy costs in Europe, is forcing companies to undertake drastic restructuring, including plant closures and strategic consolidations.

Glencore Maintains Coal Activities Despite Pressure

Glencore decided to retain its coal activities, despite shareholder and environmental pressure, while leaving the door open to a possible demerger in the future.

Western sanctions cut Russian oil exports by 10%.

Russian oil exports by non-G7 tankers fell by 10% in July as a result of Western sanctions, leading to a reduction in international deliveries.
Navire pétrolier dans les eaux russes

Gunvor and VARO invest in a sustainable biofuel plant in Rotterdam

Gunvor and VARO announce the construction of a sustainable biofuel plant in Rotterdam, aiming to meet up to 7% of the EU's needs by 2030.

France achieves record electricity exports in 1st half of 2024

France set a new record for electricity generation and exports in the first half of 2024, thanks to strong hydropower activity and a recovery in nuclear power, reports French electricity grid operator RTE.

Keppel MET Renewables acquires two photovoltaic projects in Northern Italy

Keppel MET Renewables strengthens its solar portfolio with the acquisition of two photovoltaic projects in Northern Italy, totalling 20 MWp of installed capacity.
Ferme solaire en Italie

SudH2 hydrogen corridor: Italy includes Switzerland in its project

This autumn, Italy presents the SudH2 hydrogen corridor, linking the Mediterranean to Northern Europe, including Switzerland.

Electricity overproduction or when negative prices impose themselves on the market

The boom in renewable energies is leading to an increase in negative price hours on the electricity market, highlighting the challenges of balancing the grid.

JinkoSolar Partners with RELC and VI for 10 GW Plant in Saudi Arabia

JinkoSolar, RELC and VI announce a $1 billion investment for a solar cell and module production plant in Saudi Arabia with an annual capacity of 10 GW.
Partenariat stratégique en Arabie

First barrels of Senegalese oil on their way to Europe

The first shipments of Senegalese crude oil from the Sangomar project are on their way to refineries in the Netherlands and Germany, marking a new era for the Senegalese economy.

Framatome modernizes control system at Gösgen nuclear power plant

Framatome has won a contract to modernize the protection system at the Gösgen nuclear power plant in Switzerland. This modernization, based on TELEPERM XS technology, also includes improvements to the back-up batteries.

Alpiq sells its Swiss photovoltaic assets

Alpiq sells its seven rooftop photovoltaic installations to PS Panneaux Solaires SA, reinforcing its strategy of energy flexibility and security of supply.
Alpiq cède ses actifs suisses en photovoltaïques.

Volta Groupe acquires three wind farms for 33 MW of additional capacity

The French Volta Group, independent developer and producer of renewable energies, announces that it has finalized the acquisition of three new wind farms in western France, Brittany and Meuse, from IST, an independent Swiss investment foundation.

Certification for the Ituango hydroelectric project in Colombia

Empresas Públicas de Medellín's (EPM) 2.4 GW hydroelectric project, Ituango, has been awarded silver certification by the Hydropower Sustainability Alliance (HSA), marking a significant recognition of its sustainable environmental, social and governance (ESG) practices.

Alpiq awards €20 million order to Merus Power

Alpiq has placed an order with Merus Power for a 30 MW/36 MWh energy storage facility in Finland to strengthen the balance of the Fingrid grid.
Installation stockage énergie Alpiq Merus

VALOREM innovates with a carbon-free concrete wind turbine foundation

Hoffmann Green Cement Technologies and the VALOREM Group have created the world's first wind turbine foundation using clinker-free, decarbonated concrete, opening up new prospects in the renewable energy sector.

Norway allocates $103 million for energy infrastructure in Ukraine

Norway will provide Ukraine with $103 million to repair its energy infrastructure damaged by Russian attacks, ensuring supplies before winter.

Ukrainian Energy Infrastructure at the Heart of the War

Ukraine is facing an energy war led by Russia, with attacks targeting its critical infrastructure, requiring massive international assistance to rebuild and secure its network before winter.
Guerre énergétique en Ukraine

Ukraine has lost half its electricity production capacity

Volodymyr Zelensky claims that Ukraine's energy capacity has been halved since the winter due to Russian bombing of infrastructure.

Switzerland plebiscites law to accelerate renewable energies

The Swiss people have overwhelmingly approved a new law aimed at boosting the development of renewable energies, marking a key step towards carbon neutrality by 2050.