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European Energy triples electrolysis capacity at Måde with new 8.1 MW equipment
European Energy increases the capacity of its Måde Power-to-X site to 8.1 MW, with a new electrolyser in service and ongoing tests for commercial production in 2026.
Canberra imposes mandatory gas reserve to secure domestic supply
The Australian government will require up to 25% of gas extracted on the east coast to be reserved for the domestic market from 2027, in response to supply tensions and soaring prices.

Tilda deploys AI-based energy optimisation in Vietnam’s industrial sector

South Korea’s Tilda accelerates its entry into Vietnam with an artificial intelligence-based energy optimisation solution for solar and energy storage systems in the manufacturing sector.
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Aegis and Seetel submit 90 MWh storage project to Ontario’s LT2 programme
Aegis Critical Energy Defence Corp. and Seetel New Energy have created Cordelia BESS to respond to Ontario’s LT2 call for proposals, aimed at strengthening energy capacity through battery storage.
Lhyfe expects EUR10mn revenue in 2025 and cuts costs from 2026
Lhyfe aims to double its revenue next year, refocuses industrial priorities and plans a 30% cost reduction starting in 2026 to accelerate profitability.

Awendio Solaris to invest CAD1bn in integrated solar plant in Montreal

UK-based manufacturer Awendio Solaris plans to build a 2.5 GW solar industrial platform, expandable to 5 GW, in Quebec, targeting North American markets with a 100% regional supply chain.
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European Union rejects United Kingdom’s exemption from carbon border levy
Brussels confirmed that the United Kingdom will not be exempted from the carbon border levy until both carbon markets are connected, delaying a possible exemption by at least one year.
EDF Power Solutions appoints METLEN to build 400MW Longfield solar farm
EDF Power Solutions UK has appointed METLEN to lead engineering and construction for the 400MW Longfield solar farm in Essex, with commissioning scheduled for 2030.

Ocean Winds launches its first offshore measurement campaign for the High Sea Wind project

Ocean Winds has deployed a LiDAR buoy off Gippsland to collect accurate data on wind and currents, a key step in its 1.3 GW offshore wind project in Australia.
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TOPCon 4.0 vs HJT: the financial trade-off in the solar sector in 2026
As the photovoltaic industry enters a phase of deep restructuring, the duel between TOPCon 4.0 and heterojunction technologies is redefining manufacturers’ margins. In 2026, reducing production costs becomes the primary strategic lever for global market leaders.
JA Solar and Trinasolar Lead a Global Solar Market in Crisis
JA Solar and Trinasolar top Wood Mackenzie’s latest semiannual ranking despite a sector-wide net loss of $2.2 billion. Industrial leaders are strengthening their grip on global photovoltaic module supply through rigorous financial discipline.

Meg O’Neill takes over BP to refocus the group on hydrocarbons

British company BP appoints Meg O'Neill as CEO to lead its strategic refocus on fossil fuels, following the abandonment of its climate ambitions and the early departure of Murray Auchincloss.
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Masdar commissions first UK storage site and adds 150 MW of new capacity
Masdar begins commercial operations at a Stockport battery storage unit and announces two more UK projects, part of a £1bn ($1.25bn) plan for 3GWh of BESS capacity.
Cadeler secures two offshore contracts worth €500mn in wind energy
Danish group Cadeler has signed two contracts for the transport and installation of offshore wind turbine foundations and units worth a combined €500mn, subject to a final investment decision by the client.

Glenfarne forms strategic alliance with Baker Hughes to accelerate Alaska LNG

Glenfarne has selected Baker Hughes to supply critical equipment for the Alaska LNG project, including a strategic investment, reinforcing the progress of one of the largest gas infrastructure initiatives in the United States.
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Germany grants $24.3 million to Nigeria to accelerate its energy transition
Berlin strengthens its cooperation with Abuja through funding aimed at supporting Nigeria’s energy diversification and consolidating its renewable infrastructure.
Uniper shuts down Karlshamn-2 after failure of Swedish winter backup scheme
The shutdown of Karlshamn-2 removes 335 MW of heavy fuel oil capacity from southern Sweden, exposing the limits of a strategic reserve model approved but inoperative, and increasing pressure on winter supply security.

Shell exits MarramWind and CampionWind, prioritising high-return investments

Shell withdraws from two floating wind projects in Scotland, reinforcing capital discipline in favour of faster-return activities. ScottishPower takes over MarramWind while CampionWind is returned to Crown Estate Scotland for reallocation.
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Sofia secures Lukoil refinery ahead of planned state takeover
The Bulgarian government has increased security around Lukoil’s Burgas refinery ahead of a state-led takeover enabled by new legislation designed to circumvent international sanctions.
Envision and Statera partner on 680MW storage project in the United Kingdom
China's Envision Energy will supply a 680MW battery storage system to UK-based Statera Energy as part of the Carrington project, one of the largest in the country to reach financial close.
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Pivot Energy secures $225mn to develop 60 new community solar projects
China boosts global battery market after key power market reform
European Energy triples electrolysis capacity at Måde with new 8.1 MW equipment
Nigeria appoints Oritsemeyiwa Eyesan to lead NUPRC in upstream sector overhaul
Heirs Energies secures $750mn financing to strengthen production capacity
BP launches five-well offshore gas drilling campaign in Egypt
BP has awarded Valaris a $140mn drilling contract for a Mediterranean offshore campaign aimed at reinforcing Egypt’s declining gas output since 2021.
Battery prices in Asia-Pacific drop to record lows through 2029
Utility-scale battery storage system costs continue to fall across Asia-Pacific, but the pace of reductions is expected to slow significantly by 2029, according to Wood Mackenzie projections.

Hydrogen injected into national grid: Centrica and National Gas reach key milestone

The United Kingdom has carried out its first real-life trial of green hydrogen blending into the national gas transmission network, with power generation as a result.
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Infinis secures £391mn funding to accelerate renewable energy portfolio expansion
UK power producer Infinis has secured a £391mn ($476mn) banking agreement to support the next phase of its solar and energy storage development projects.
Moeve joins Shell’s Avelia platform to scale sustainable aviation fuel supply
Spanish producer Moeve becomes the first external SAF supplier to join Shell’s blockchain-based platform designed to expand low-emission jet fuel adoption.

Costain secures £1bn contract for Sellafield infrastructure works

Costain has been selected to upgrade essential utilities at the Sellafield nuclear site under a contract worth up to £1bn over fifteen years.
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Global energy demand rises by 40 million barrels of oil equivalent per day
Aramco CEO Amin Nasser warns of growing consumption still dominated by hydrocarbons, despite massive global energy transition investments.
IsoEnergy acquires Toro Energy for $49mn, creating global uranium platform
Canada’s IsoEnergy will acquire Australia’s Toro Energy for AUD75mn ($49mn), creating a diversified uranium production platform with assets across Australia, Canada and the United States.

EDP secures Australian contracts for 1.7 GW solar and battery projects

EDP will accelerate two major solar projects in Australia after securing government-backed contracts under the Capacity Investment Scheme.
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Sizewell C signs two major contracts for nuclear fuel supply
The upcoming Sizewell C nuclear power plant secures its fuel supply through agreements signed with Urenco and Framatome, marking a key step in strengthening the United Kingdom’s long-term energy stability.
Spark Renewables secures key contract for 357 MW wind farm in Australia
The Dinawan Wind Farm project, first phase of a 1.3 GW energy hub, was selected in the fourth tender round of the Capacity Investment Scheme launched by the Australian Government.

Australia exceeds target with 6.6GW awarded in latest tender round

The Australian government awarded contracts to 20 renewable and storage projects, surpassing the initial 6GW goal under the fourth round of the Capacity Investment Scheme.
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Australia loses Asian markets for seaborne thermal coal
Falling Chinese imports and Asia’s regional pivot increase pressure on Australian thermal coal exporters.
Venture Global sinks 20% after legal defeat to BP over LNG contract dispute
US LNG producer Venture Global saw its market value drop sharply after an arbitral ruling in favour of BP reignited concerns over ongoing contractual disputes tied to the Calcasieu Pass project.

GoldenPeaks Capital and Envision sign deal for 1 GWh battery storage in Europe

GoldenPeaks Capital and Envision have signed a memorandum of understanding to deploy up to 1 GWh of next-generation battery energy storage systems across several European markets.
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Ming Yang plans £1.5bn wind turbine factory in Scotland
Chinese manufacturer Ming Yang plans to build the UK’s largest wind turbine facility in Ardersier, with an initial £750mn investment and up to 1,500 jobs created by 2028.
Maersk and CATL enter global strategic partnership for energy logistics
Maersk and CATL have signed a strategic memorandum of understanding to strengthen global logistics cooperation and develop large-scale electrification solutions across the supply chain.

Sintana Energy acquires Challenger Energy to strengthen offshore assets in Africa

Canada’s Sintana Energy acquires Challenger Energy in a $61mn all-share deal, targeting offshore exploration in Namibia and Uruguay. The move highlights growing consolidation among independent oil exploration firms.
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Washington threatens sanctions against countries supporting global maritime carbon tax
The United States has threatened economic sanctions against International Maritime Organization members who approve a global carbon tax on international shipping emissions.
Singapore distillate stocks rise above 10 million barrels
Singapore’s gasoil and kerosene inventories reached a three-month high after a sharp weekly drop in net exports, supported by a marked increase in imports from Northeast Asia.
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