OPEC slightly adjusts its production forecasts for 2025-2026 while projecting stable global demand growth, leaving OPEC+ significant room to increase supply without destabilizing global oil markets.
Driven by rising electricity demand, the battery energy storage systems market is set to soar, according to The Insight Partners, growing from $41.97bn in 2024 to $143.28bn in 2031 at an average annual rate of 17.91%.
European Union ambassadors are close to reaching an agreement on a new sanctions package aimed at reducing the Russian oil price cap, with measures impacting several energy and financial sectors.
SAEL Industries will invest $954mn in a solar factory in Greater Noida, boosting Indian manufacturing capacity and supporting the national strategy to localise photovoltaic component production.
India unveils a series of reforms on oil and gas contracts, introducing a fiscal stability clause to enhance the sector’s attractiveness for foreign companies and boost its growth ambitions in upstream energy.
Global photovoltaic inverter shipments increased by 10% in 2024, driven by the Asia-Pacific region, which accounts for nearly seven out of ten shipments, while China consolidates its influence on the sector.
Asia dominated global new renewable energy capacity in 2024 with 71% of installations, while Africa recorded limited growth of only 7.2%, according to the latest annual report from IRENA.
BRICS adopt a joint financial framework aimed at supporting emerging economies while criticizing European carbon border tax mechanisms, deemed discriminatory and risky for their strategic trade relations.
Meeting in Rio, BRICS nations urge global energy market stability, openly condemning Western sanctions and tariff mechanisms in a tense economic and geopolitical context.
The global photovoltaic films market is expected to see significant growth, reaching $41.59bn by 2034 due to the development of new solar technologies and the increasing demand for encapsulation suited to these innovations, a recent study indicates.
Emerging economies from the BRICS group now account for more than half of global solar electricity production in 2024, driven mainly by China, India, and Brazil, according to a new report by the organisation Ember.
A Wood Mackenzie report estimates required battery investments at $1.2 trillion to integrate an additional 5,900 GW of renewable energy, highlighting battery storage systems' key role in stabilising electrical grids.
Adani Green Energy Limited becomes the first Indian company to achieve 15,539.9 MW of operational renewable capacity, cementing its position among the global top 10 independent green power producers.
The increase in oil drilling, deepwater exploration, and chemical advances are expected to raise the global drilling fluids market to $10.7bn by 2032, according to Meticulous Research.
According to the 2025 report on global energy access, despite notable progress in renewable energy, insufficient targeted financing continues to hinder electricity and clean cooking access, particularly in sub-Saharan Africa.
Estimated at $384.4mn in 2025, the global photovoltaic panel recycling market is expected to grow annually by 7.4%, reaching $548mn in 2030, driven by the rapidly increasing number of installations reaching end-of-life.
Estimated at $613.57bn in 2025, the global photovoltaic market is expected to reach $968.32bn by 2030, driven by declining costs and growing demand from residential and utility sectors, according to a MarketsandMarkets analysis published on June 26.
NPCIL has announced an extension until September 30 for industrial proposals concerning Bharat Small Reactors (BSR), following increased interest from the Indian private sector.
Driven by strong solar adoption, the global SCADA systems market for renewable energy is expected to reach $3.56bn by 2030, with an estimated average annual growth rate of 12.7%, according to MarketsandMarkets.
Global carbon capture and offset credit markets could exceed $1.35 trillion by 2050, driven by private investment, technological advances, and regulatory developments, according to analysis published by Wood Mackenzie.
GAIL (India) Limited launches its first green hydrogen production facility in Vijaipur, marking a step towards alternative energies in line with the National Green Hydrogen Mission.
Waaree Energies will supply 445MW of bifacial solar modules for projects in Bikaner, Rajasthan, boosting India's renewable energy capacity and supporting its carbon neutrality goals.
Schneider Electric and Capgemini launch the Energy Command Center, an innovative platform using AI to optimize energy management and accelerate the energy transition.
LNG prices in Europe have risen to their highest level in five months, boosted by geopolitical risks and tight supply, increasing competition with Asia for cargoes.
Suzlon announces the installation of 134 wind turbines for a 402MW project in Rajasthan, providing green electricity to 331,000 homes and reducing CO2 emissions by 1.3 million tonnes per year.
Ohmium International, leader in green hydrogen, has been selected to equip Croatia's first green hydrogen project with its advanced PEM electrolyzers, in partnership with IVICOM. This project represents a major step in the country's energy transition.
Scientex Berhad, in partnership with Solarvest Holdings Berhad, is launching a project to deploy solar photovoltaic systems at its facilities in Malaysia, with the aim of significantly reducing its carbon footprint.
Yara Clean Ammonia and AM Green sign a long-term supply agreement for renewable ammonia, marking a significant step forward in the global energy transition.
Alexander Novak, Russia's Deputy Prime Minister, extends his economic influence to include the fight against sanctions and integrates the West India Marker (WIM) into India's gas contracts.
Worldwide, green hydrogen projects are multiplying. Hygenco is working with Tata Steel to develop a green hydrogen and ammonia project at the Gopalpur Industrial Park in India. The first phase aims to start production in December 2026.
