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.
London and Prague formalise a strategic partnership to develop the nuclear sector, focusing on small modular reactors and industrial cooperation on supply chains.
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.
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.
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.
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.
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%.
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 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. —
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 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 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.
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 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.
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.
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 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 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.
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 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.
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 companies are investing massively in gas infrastructure in Asia to offset future overproduction of liquefied natural gas (LNG) and strengthen their energy security.
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 is to acquire 15% of Lianyungang Jiaao New Energy for $48.54 million, in anticipation of future Chinese regulations on sustainable aviation fuels (SAF).
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.
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 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 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.
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.
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.
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.
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.
