Taiwan

The Port of Suao becomes the first site in Taiwan open to commercial testing of wave energy production, following the allocation of Lot C to I-KE International Ocean Energy Co., partner of Eco Wave Power.
HD Renewable Energy has completed the connection of its Helios storage system to the Hokkaido grid. The 50 MW project is expected to enter commercial operation by the end of 2025, targeting multiple segments of the Japanese electricity market.

Petrobras negotiates to increase capacity of three FPSOs in Brazil

Petrobras is holding talks with SBM Offshore and Modec to raise output from three strategic FPSOs, two already at full capacity, to capture more value from the high-potential pre-salt fields.
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With active projects across four continents and strong liquidity, Eco Wave Power accelerates its expansion strategy while absorbing a rise in operational costs in H1 2025.
A new Russian presidential decree could allow Exxon Mobil to reclaim its stake in Sakhalin-1, under strict conditions tied to Western sanctions and equipment logistics.

Vanda RE negotiates power purchase contracts in Singapore for Indonesian solar project

Vanda RE is in talks with potential buyers in Singapore for electricity from a $3 billion solar and storage project in Indonesia’s Riau Islands.
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The Russian Ministry of Industry and Trade is announcing "Arctic configuration" wind generators to power infrastructure on the Northern Sea Route, without listing any companies at this stage, with the stated aim of technological sovereignty.
The Japanese group TDK’s venture capital fund supports Ultraviolette, an Indian electric motorcycle manufacturer, to help it scale up in a domestic market estimated at over $50 billion within ten years.

Russia Targets Gas Turbines Over 300 MW in Technological Leap

Moscow is preparing to develop gas turbines exceeding 300 MW while strengthening existing capacities and positioning itself against the most high-performing models worldwide.
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Hundreds of aging tankers transport Russian oil to Asia, circumventing Western sanctions while creating major environmental risks and transforming global trade flows.
Eco Wave Power has completed the full installation of its wave energy system at the Port of Los Angeles, paving the way for initial operational tests scheduled for September.

The global next-generation solar cell market will reach $12.95 billion by 2031

The next-generation solar cell market will grow by 15.73% annually by 2031, driven by diversified uses in residential, industrial, and aerospace sectors.
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The International Atomic Energy Agency confirmed that the tritium concentration in the 14th batch of ALPS-treated water discharged by TEPCO remains well below Japan’s operational limit.
Ørsted strengthens its financial structure with a rights issue backed by the state, following the failed partial sale of the US Sunrise Wind project.

HYLENR raises $3 mn to accelerate commercialisation of its industrial LENR reactors

Start-up HYLENR finalises a strategic $3 mn fundraising to move from pilot phase to industrialisation of its low-energy nuclear reaction systems for industrial heat production.
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E-fuels growth is accelerating with the market expected to reach $66.25bn by 2030, fuelled by Asia-Pacific’s industrial expansion, technological advances, and investments in hydrogen and ammonia infrastructure.
INPEX has finalised the awarding of all FEED packages for the Abadi LNG project in the Masela block, targeting 9.5 million tonnes of annual production and involving several international consortiums.

Japanese refiners face critical challenge of Middle Eastern oil dependency

Record Gulf crude imports expose structural vulnerabilities of Japanese refining amid rising geopolitical tensions and Asian competition.
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TEPCO reports a significant net loss due to nuclear compensation charges and debris removal preparations, while its revenues decline over the period.
Canadian group AltaGas reports a strong increase in financial results for the second quarter of 2025, driven by growth in its midstream activities, higher demand in Asia and the modernisation of its distribution networks.
GE Vernova will equip two wind farms in Aomori with 14 onshore turbines, supporting Japan's renewable energy goals.
At Jaffa Port, Eco Wave Power’s EWP-EDF One project produced 26 kW continuously, even under challenging conditions, confirming the potential of waves as a reliable renewable energy source.

Engie Expands Its Wind Farm in Egypt: 650 MW for the Red Sea Wind Energy Project

Engie announces the extension of the "Red Sea Wind Energy" wind farm in Egypt, increasing its capacity to 650 MW. This initiative aims to support the country's renewable energy ambitions while consolidating Engie's role in Africa and the Middle East.
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A Kazakh court has ordered NCOC, an international oil consortium, to pay 6.6 million USD for excessive gas flaring at the Kachagan oil field, highlighting regional environmental challenges.
The race for low-carbon hydrogen is intensifying, and the question of its breakeven threshold is gaining momentum.

Indonesia Selects Toshiba to Equip Patuha Geothermal Plant with Additional 60 MW

Toshiba will equip Unit 2 of the Patuha Geothermal Plant in Indonesia, adding 60 MW to strengthen the country’s energy capacity and support its ambitious climate goals.
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Electric interconnections have reshaped global energy systems, enabling cross-border cooperation and economic stability. Rooted in Oxford Energy Institute research, this piece highlights key agreements, technological milestones, and the diplomatic strategies driving these transformative infrastructures.
The European Commission has approved a joint acquisition between EEW Holding and Sumitomo, valued at €998 million, aimed at supporting the production of components for offshore wind farms.

Japan Allocates 90 Billion Yen for SEKISUI Solar Production

Japan supports SEKISUI CHEMICAL in creating a 1 GW energy supply chain by 2030. An investment of 90 billion yen and a new subsidiary in partnership with the Development Bank of Japan have been announced.
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China confirms its central role in the Asian coal market with a forecast of 330 million tons of coal imports in 2025, according to an Australian report.
Ørsted announces an agreement with Cathay Life Insurance to sell 50% of the Greater Changhua 4 Offshore Wind Farm under construction in Taiwan, marking a key step in their strategic energy partnership.

Japan: The share of renewable energy could double by 2040-2041

Japan plans to reduce its reliance on thermal energy to 30%-40% by fiscal year 2040-2041 while significantly increasing renewable energy, according to a draft Strategic Energy Plan.
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Egypt strengthens its energy infrastructure with a 500 MW solar power plant in Aswan, a $500 million project developed by AMEA Power, aiming to diversify its energy mix and meet growing electricity demand.
The Danish offshore wind giant Ørsted is navigating a period of turmoil marked by the cancellation of major projects, but remains confident in its strategy to overcome challenges and restore credibility.

Maritime transport: a pillar for cross-border CO2 capture

Maritime transport is essential to cross-border carbon capture and storage initiatives in Asia-Pacific, with projected annual volumes reaching 100 million tons by 2050.
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The Shimane 2 nuclear power plant in Japan resumed operations on December 7 after 13 years of inactivity. This second boiling water reactor marks a significant milestone in the country's energy revitalization.
Israel’s first wave energy power plant, now connected to the national grid, marks a milestone in renewable energy innovation in the Middle East and demonstrates the country's commitment to sustainable energy solutions.

BP and JERA form a strategic joint venture to become a global leader in offshore wind energy

BP and JERA join forces to create JERA Nex BP, a joint venture aimed at developing a 13 GW offshore wind project portfolio. This strategic initiative reflects a disciplined growth model while strengthening their presence in Europe and Asia-Pacific.
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The Beznau nuclear power plant, the oldest in Europe, will cease operations in 2033 according to its operator, Axpo. Greenpeace Switzerland demands an immediate shutdown to reduce environmental risks and prioritize renewable energy sources.
With a 1.5°C increase over the historical average, China experiences its hottest autumn since 1961. This phenomenon illustrates the growing impacts of climate change on the country and raises global concerns.
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