Corée du Sud

Japan urgently secures LNG cargoes amid critically low reserves

Japan has urgently secured several additional cargoes of liquefied natural gas from the United States to avert an imminent electricity supply shortage caused by rapidly declining national reserves expected at the end of July.

UK and Czech Republic sign agreement to accelerate civil nuclear development

London and Prague formalise a strategic partnership to develop the nuclear sector, focusing on small modular reactors and industrial cooperation on supply chains.

Stellantis ends its hydrogen van programme as market outlook remains limited

Manufacturer Stellantis halts production of its hydrogen-powered commercial vehicles, citing a lack of commercial prospects and an insufficient market, according to a statement released by the automotive group.
en_114016072051540

The European Commission commits EUR202mn to the IFMIF-DONES fusion accelerator

The European Union is investing EUR202mn in the IFMIF-DONES project in Granada to test materials intended for future fusion power plants, in cooperation with Spain, Croatia, Italy, and Japan.

Brasilia Prepares Trade Countermeasures Amid New U.S. Tariffs of 50%

Brazil adopts new rules allowing immediate commercial measures to counter the U.S. decision to impose an exceptional 50% customs tariff on all Brazilian exports, threatening stability in bilateral trade valued at billions of dollars.

Trump mobilises USD92bn in private investment for AI and electricity in the United States

Nearly USD92bn will be invested by major American and international groups in new data centres and energy infrastructure, responding to the surge in electricity demand linked to the rise of artificial intelligence.
en_114016072025540

Global battery storage market to reach $143bn by 2031

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%.

Governments extend their stockpiles to cover 98 % of global oil

The Global Energy Policies Hub shows that strategic reserves, gas obligations, cybersecurity and critical-mineral policies are expanding rapidly, lifting oil coverage to 98 % of world imports.

Ørsted secures $2.75bn for Greater Changhua 2 from 25 banks and 5 export agencies

Ørsted has completed a $2.75bn project financing with 25 banks and five export credit agencies for the 632 MW Greater Changhua 2 offshore wind farm in Taiwan, strengthening its industrial partnership strategy. —
en_114013072035540

LNG Canada launch has no immediate effect on gas prices

The commissioning of LNG Canada, the first major Canadian liquefied natural gas export facility led by Shell, has not yet triggered the anticipated rise in natural gas prices in western Canada, still facing persistent oversupply.

TerraPower awards three major contracts for its Natrium reactor in the United States

TerraPower has selected three new American suppliers for its advanced Natrium nuclear reactor, confirming progress on the project located in Kemmerer, Wyoming, intended to replace a retiring coal-fired power plant.

Sumitomo invests in Independence Hydrogen to accelerate production in the United States

Sumitomo Corporation announces a strategic investment in Independence Hydrogen aimed at developing new decentralized hydrogen production and distribution projects in the United States, targeting industrial, logistics and critical infrastructure sectors.
en_1140100725540

NWF injects GBP 28.6 million into Peak Cluster project for CO₂ capture

The UK's National Wealth Fund participates in a GBP 59.6 million funding round to finance a CO₂ capture pipeline for the cement and lime industry, targeting a final investment decision by 2028.

PTT Oil posts record profit and accelerates expansion in Asia

PTT Oil and Retail Business announces a 46% increase in net profit for the first quarter of 2025, driven by regional expansion in its energy and non-energy activities, alongside an integrated ESG strategy.

Photovoltaic films market to reach $41.59bn by 2034 according to MarketsandMarkets

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.
en_11407092049540

TotalEnergies sells 50% of its renewable assets in Portugal for €178.5mn

TotalEnergies is selling half of a 604 MW Portuguese energy portfolio to the Japanese consortium MM Capital, Daiwa Energy and Mizuho Leasing for €178.5mn, retaining operation and future commercialisation of the assets concerned.

Singapore sets SAF aviation levy until 2028 despite fuel price volatility

Singapore announces fixed airline ticket levy dedicated to Sustainable Aviation Fuel (SAF) procurement, maintaining unchanged amounts from 2026 to 2028, regardless of significant fluctuations in global fuel prices.

EDF Power Solutions wins major energy storage contract in Japan

EDF Power Solutions has been selected by the Japanese government to build a 110 MW lithium-ion battery after winning a public tender aimed at enhancing the flexibility of the country's electricity grid.
en_11403072045540

Westinghouse wins $180mn contract to assemble ITER experimental reactor

Westinghouse Electric Company signs a $180mn contract with ITER Organization to complete the final assembly of the vacuum vessel for ITER’s experimental nuclear fusion reactor, currently under construction in Cadarache, southern France.

ENGIE launches largest wind farm in Africa and Middle East in Egypt

ENGIE begins full operation of the Red Sea Wind Energy wind farm in Egypt, increasing its capacity to 650 MW, four months ahead of schedule, now powering over one million homes in the region.

Xpansiv and Japan Climate Exchange for carbon credits

Xpansiv partners with Enechain Corp. to offer Japanese companies access to international carbon credits via the Japan Climate Exchange.

China: Tests of Biomass, Ammonia and CCS in coal-fired power plants

China plans to integrate decarbonization technologies into its coal-fired power plants, including co-firing with biomass and ammonia, as well as carbon capture and storage, to reduce the carbon intensity of its facilities by 2027.

Japanese Strategic Investments in Asian Gas Markets

Japanese companies are investing massively in gas infrastructure in Asia to offset future overproduction of liquefied natural gas (LNG) and strengthen their energy security.
Investissements stratégiques gaz Asie

Trigon Pacific Terminals moves towards energy diversification

Trigon Pacific Terminals is moving ahead with the construction of its Berth Two Beyond Carbon project, reaching over 50% completion and diversifying its export capacities towards cleaner energies.

BP invests USD 48.54 million in biofuel in China

BP is to acquire 15% of Lianyungang Jiaao New Energy for $48.54 million, in anticipation of future Chinese regulations on sustainable aviation fuels (SAF).

Solar Photovoltaic Glass Market to Reach 135.33 Billion USD by 2030

The global solar photovoltaic glass market is forecast to grow by 29.34% annually to reach 135.33 billion USD by 2030, according to Maximize Market Research.
glass-photovolt

Muroosystems moves into nuclear waste management and dismantling

Muroosystems Corp of Japan announces the acquisition of Nukem Technologies Engineering Services, specializing in nuclear decommissioning and waste management. This operation marks a turning point after years of geopolitical challenges.

POSCO completes first private LNG terminal in Gwangyang

POSCO International completes construction of the Gwangyang LNG terminal, with six tanks totaling 930,000 kiloliters, marking a key milestone in South Korea's energy infrastructure.

JERA restarts 2.35GW gas-fired units, Kansai’s power reserve plunges

JERA relaunches 2.35 GW gas-fired generation units to counter declining power reserves in the Kansai region. OCCTO is asking producers to increase supply and consumers to reduce their electricity consumption.
JERA relance unité gaz

Aslan Energy launches 35,000-hectare hydrogen project in Sonora, Mexico

Aslan Energy Capital signs an MOU to develop a 35,000-hectare green hydrogen and ammonia production project in Sonora, Mexico.

Orano La Hague resumes operations after nitric acid leak

Orano La Hague plant resumes operations after nitric acid leak, with no radiological or environmental impact

USA: US$1.2 billion agreement for EV battery plant

The Department of Energy grants a conditional loan to ENTEK Lithium Separators LLC to finance a lithium-ion battery separator plant for electric vehicles in Indiana.
Prêt usine séparateurs batteries VE

EDF abandons the race for small nuclear reactors in the UK

EDF withdraws from the competition to build small nuclear reactors in the UK, while affirming its support for the British nuclear industry and revising its SMR project.

J-POWER and PHOTON sign contract for solar power plants in Japan

Strategic partnership to develop solar power plants in the Hokkaido, Tohoku and Chugoku regions

Phelan Green Energy invests USD 2.4 billion in green ammonia in Peru

Phelan Green Energy to invest USD 2.4 billion in Peru for a solar-powered green ammonia plant.
Phelan Green Energy investit 2,4 milliards USD dans l'ammoniac vert au Pérou.

NextPower UK ESG exceeds fundraising target by 30

NextPower UK ESG, managed by NextEnergy Capital, reaches £653 million in funds, surpassing its initial target of £500 million.

Japan seeks to boost LNG stocks following heatwave

An early heat wave in Japan has energy companies looking for more liquefied natural gas (LNG) cargoes to meet increased demand.

Orano controls nitric acid leak at La Hague storage site

A leak of 40 m³ of nitric acid was detected at Orano's La Hague storage site. The incident, which had no radiological impact, is currently being managed with pumping operations underway.
Fuite d'acide à La Hague

ADNOC reserves 40% of Ruwais LNG for Shell, Total, BP and Mitsui

ADNOC has awarded a 40% share of its Ruwais LNG project to Shell, TotalEnergies, BP and Mitsui, with the aim of doubling production by 2028.

Peak Energy, Shinsung E&G and YSP sign agreement for 50 MW of solar power in Korea

Peak Energy signs an agreement with Shinsung E&G and YSP to develop a 50 MW solar portfolio in South Korea, reinforcing the government's renewable energy initiatives.