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.

Switzerland faces a historic energy turning point

The debate on Switzerland's energy future reaches a critical juncture with a decisive referendum on the law to accelerate the development of renewable energies. The results will influence the country's energy strategy for decades to come.

Glencore defends its commitment to coal despite criticism

Glencore's CEO defends the company's commitment to coal, stressing its short-term necessity for the global energy transition.

EBRD-HTU apprenticeship program to boost Jordanian energy

EBRD is collaborating with Al Hussein Technical University and NEPCO to offer an apprenticeship program designed to improve the skills of young people and women in Jordan's energy sector.
EBRD and HTU launch an apprenticeship program to boost Jordan's energy sector.

Proglio trial: EDF’s former CEO goes on trial for favoritism

Henri Proglio, former CEO of EDF, is vigorously defending himself before the Paris Criminal Court against accusations of favoritism in connection with consulting contracts concluded without competitive bidding.

TotalEnergies shareholder protest: hearing postponed

The hearing concerning TotalEnergies' refusal to put a shareholder resolution to the vote has been postponed to May 21 for procedural reasons.

Mercedes-Benz powered by solar energy from Sunrock

Sunrock equips Mercedes-Benz sites in Germany with photovoltaic systems for sustainable production.
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CERN advances nuclear research with n_TOF

CERN is stepping up its research into neutron interactions with its neutron time-of-flight facility (n_TOF), essential for the development of advanced nuclear technologies.

Conflict in French Guiana: Photovoltaic power plant and Amerindian rights

Protest and human rights are intertwined around the photovoltaic power plant project in French Guiana, raising international concerns.

Axpo and Rhiienergie inaugurate hydrogen power plant in Reichenau, Switzerland

Axpo, in collaboration with Rhiienergie, has launched Switzerland's largest green hydrogen production facility.
Axpo Rhiienergie Hydrogène Vert

ExxonMobil delays sale of its French operations

Darren Woods, CEO of ExxonMobil, expressed a measured approach to the sale of the company's activities in France on Friday, stressing a careful search for a suitable buyer.

Trident Investment launches Triton nuclear investment fund

Luxembourg-based Trident Investment launches Triton, a fund designed to channel significant capital into the nuclear fuel sector, including uranium mining and enrichment.

Renewable energy booms in Italy in March

In March, Italian renewable energy production jumped by 29%, accounting for 52% of total domestic supply.

Alpiq and P2X Solutions join forces for green hydrogen

Alpiq announces the acquisition of 54.9% of P2X Solutions, the Finnish green hydrogen pioneer.

ExxonMobil: shutdown of several sites in France, 677 jobs lost

ExxonMobil announces major restructuring in Normandy with job cuts and the sale of its assets in the south of France. An uncertain period for employees and the local economy.

ETH Zurich researchers to optimize Swiss hydroelectricity

Faced with the imperative of sustainability, researchers at the Swiss Federal Institute of Technology in Zurich are redefining the future of Swiss hydropower.
Chercheurs ETH Zurich hydroélectricité

Dismantling the Mühleberg power plant, a first for Switzerland

Switzerland's pioneering Mühleberg power plant begins dismantling. A crucial process for safety and the environment.

Rwanda launches a framework for its Carbon Market

Rwanda unveils its carbon market project at COP28 in Dubai, aiming to establish a cap-and-trade system and strengthen its participation in the UN's Article 6 market.

Financing agreement between Ascent Solar Technologies and BD1 Holdings

Ascent Solar Technologies, Inc. announced a $5 million debt financing agreement with BD1 Investment Holdings to support its general business operations and working capital for future initiatives. This financing comes as the American company accelerates its strategic plan.
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Switzerland’s Glencore maintains its bid for Canadian Teck Resources

Swiss commodity trading and mining giant Glencore is keeping its bid for a merger with Teck Resources despite the latter's withdrawal of its demerger plan. Teck Resources, one of Canada's largest mining groups, had twice rejected Glencore's offer, which valued the company at over $22.5 billion.

Teck withdraws demerger proposal, wants to pursue alternative plan

Teck Resources cancels its vote on splitting its operations into two companies, defeating takeover aspirations of Glencore, which had offered two rejected takeover bids, despite its willingness to make improvements.