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Grapevine Energy restructures $60mn debt and shifts to private control
Grapevine Energy completes its financial reorganisation, eliminates part of its debt and secures over $60mn in new funding, while appointing a new leadership team to oversee its biofuels operations.
PGE deploys 475 MW of batteries to secure Portland’s electricity demand
Portland General Electric inaugurates three new battery energy storage sites, strengthening available capacity in the Portland metropolitan area by 475 MW and supporting growing demand while stabilising costs.

Joule, Caterpillar and Wheeler launch 4 GW energy project for data centres in Utah

Joule, Caterpillar and Wheeler have signed a partnership to provide four gigawatts of energy to a next-generation data centre campus in Utah, integrating battery storage and advanced cooling solutions.
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Arevon launches $2 bn Eland solar complex to strengthen Los Angeles’ grid
Arevon’s Eland Solar-plus-Storage project, with a capacity of 758 megawatts and integrated storage, enters full operation in California after two phases and more than $2 bn in investment.
GFL Environmental finalises $4.25bn deal to recapitalize Green Infrastructure Partners
GFL Environmental announces the recapitalization of Green Infrastructure Partners at an enterprise value of $4.25bn, involving new institutional investors and a major redistribution of capital to its shareholders.

Wood Mackenzie: Tesla remains global leader in battery storage as Sungrow closes the gap in 2024

Tesla retains the top position in the global battery storage market, but Sungrow moves within one point, revealing intensifying rivalries and a rapid reshaping of regional dynamics in 2024.
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ConocoPhillips raises asset disposals to $5 bn and adjusts its financial strategy
ConocoPhillips targets $5 bn in asset disposals by 2026 and announces new financial adjustments as production rises but profit declines in the second quarter of 2025.
Mexico: U.S. gas exports struggle under infrastructure and climate pressure
Cross-border gas flows decline from 7.3 to 6.9 billion cubic feet per day between May and July, revealing major structural vulnerabilities in Mexico's energy system.

Lyten reaches agreement to acquire the majority of Northvolt’s assets in Europe

Lyten announces an agreement to acquire most of Northvolt's assets in Sweden and Germany, bringing new industrial prospects to the energy storage sector in Europe.
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Pakistan Refinery purchases Nigerian Bonny Light from Vitol for the first time
Pakistan Refinery Limited is preparing to import Bonny Light crude oil from Nigeria for the first time, reflecting the expansion of Asian refiners’ commercial partnerships amid rising regional costs.
Energy Vault launches Asset Vault with $300 mn investment to accelerate 1.5 GW energy storage
Energy Vault secures an exclusive $300 mn commitment to support the creation of Asset Vault, a subsidiary dedicated to building and operating 1.5 GW of energy storage projects across several continents.

Iberdrola receives the final Windar monopiles for its Windanker offshore wind farm

The last monopiles manufactured by Navantia Seanergies and Windar Renovables have been delivered to Iberdrola for the Windanker offshore project, marking a major milestone for the European XXL offshore wind component manufacturing industry.
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Energy Vault finalises acquisition of 125 MW Stoney Creek storage site in Australia
Energy Vault confirms the acquisition of the Stoney Creek storage project, marking its first major operation in the Australian market, following approval from local authorities on foreign investments.
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.

The e-fuels market targets $66.25bn by 2030 driven by Asia-Pacific momentum

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.
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United States: HydrogenXT secures $900mn financing to launch ten hydrogen sites
HydrogenXT secures a $900mn agreement with Kell Kapital Partners Limited to develop the first ten local zero-carbon blue hydrogen plants along key logistics corridors in the United States.
Adapture Renewables launches its first storage projects with 74 MWh in Texas
Adapture Renewables announces the commissioning of two battery energy storage systems in Texas, totalling 74 MWh in capacity, with technological support from Ascend Analytics for operational optimisation.

SolarMax Technology wins $127.3mn EPC contract for energy storage project in Texas

SolarMax Technology has signed a key contract to deliver a 430 MWh battery energy storage system in Texas, strengthening its presence in the large-scale US energy solutions market.
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5N Plus expands its contract with First Solar to strengthen the supply of critical materials
5N Plus announces the extension of its supply agreement with First Solar, including a 33% increase in cadmium telluride volumes by 2026 and the delivery of new essential materials for photovoltaic production.
Core Natural Resources reports USD220.2mn in cash flow and adjusts its financial policy
Core Natural Resources announces USD220.2mn in operating cash flow for the second quarter of 2025, while revising its capital return strategy and increasing post-merger synergies.
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Valmet signs a national agreement to provide valve services to Petrobras
NRN raises $67.2m to accelerate its distributed energy platform in Australia
OT Cyberattacks: Energy Sector Faces $329 Billion in Risks
Eleven US companies selected to fast-track small nuclear reactor testing
Oklo selected for three pilot projects by U.S. Department of Energy
Global solar tracker market: growth projected to reach $29.31bn by 2030
The global solar tracker market is expected to reach $29.31bn by 2030, driven by a compound annual growth rate of 26.2%, notably supported by large-scale photovoltaic projects and recent technological advances, a new study reports.
EMBER: Solar with batteries becomes profitable in the world’s sunniest regions
A report from the think tank Ember reveals that falling battery prices now make year-round solar power generation economically viable in the world's sunniest regions.

France: Moratorium on renewables; warning about immediate industrial impact

French Minister Agnès Pannier-Runacher condemns the parliamentary moratorium on new renewable energy installations, warning of the potential loss of 150,000 industrial jobs and increased energy dependence on foreign countries.
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EDF secures £4.5 billion from Apollo to finance Hinkley Point C
EDF announces a major agreement with Apollo to raise up to £4.5 billion via bonds to finance the British nuclear project Hinkley Point C, whose costs continue to rise significantly.
Iraq Suspends Oil Projects Amid Regional Conflict and Strained Logistics
The Middle East conflict forces Iraq to delay certain oil developments, disrupting field operations despite temporary stability in production and exports amid growing logistical tensions.

Tesla Signs $560 Million Contract for Electricity Storage in China

Tesla is building a giant electricity storage facility in Shanghai, China, signing a $560 million contract to meet growing demands on the urban electricity grid.
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Wood Mackenzie highlights advantage of regulated utilities amid data centre boom
In the United States, regulated electric grid operators hold a decisive advantage in connecting new data centres to the grid, now representing 134 GW of projects, according to a Wood Mackenzie report published on June 19.
TerraPower raises $650 million with NVIDIA for modular reactors
TerraPower, an American nuclear company, secures $650 million funding from investors, including NVIDIA, to develop its Natrium modular reactors in the United States and internationally.

United States Identifies 29 Billion Barrels Untapped Through New Technologies

New U.S. estimates reveal nearly 29 billion barrels of oil and 392 Tcf of technically recoverable natural gas on federal lands, marking significant progress since the last assessment in 1998.
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BP suspends blue hydrogen project at Whiting, Midwest future uncertain
BP indefinitely halts its blue hydrogen project at the Whiting refinery in Indiana, raising questions about the future of federal funding and the impact on regional plans for a decarbonized hydrogen sector in the United States.
Port-au-Prince plunged into darkness after forced shutdown of hydroelectric plant
Port-au-Prince is without electricity after residents of Mirebalais forcibly shut down a hydroelectric plant protesting government inaction amid escalating gang-related violence.

ENGIE and SOLARCYCLE launch innovative recycling programme for solar panels

ENGIE North America and SOLARCYCLE announce a pilot project aimed at the anticipated recycling of approximately one million solar panels, representing a total capacity of 375 MW, integrated from the outset into solar energy supply agreements in the United States.
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Serbia negotiates gas deal with Gazprom at competitive European price
Belgrade is currently finalising a new gas contract with Russia, promising Europe's lowest tariff, according to Srbijagas General Director Dusan Bajatovic, despite Europe's aim to eliminate Russian imports by 2027.
Iran Nuclear: An acknowledged capability long kept quiet
Confidential reports from the IAEA and multiple intelligence agencies confirm Iran's uranium enrichment to weapons-grade levels, contradicting Tehran's official statements. EnergyNews.pro retraces the evolution of Iran's nuclear program since 2015, three years before the Trump administration's withdrawal from the nuclear agreement.

Uranium price surges 9% following major fund raise

Uranium spot price hits its highest level of 2025 following a significant fundraising announcement by a specialized Canadian investment fund, prompting vigorous trading and strong reactions in the international market.
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Weakened by sanctions, Iran loses influence on the global oil market
Long a major player in OPEC, Iran sees its influence on the oil market significantly reduced due to US sanctions, Israeli strikes, and increasing reliance on exports to China.
Syria resumes petroleum exports from strategic Banias refinery
After several months of interruption following a major political upheaval, Syria's Banias refinery has shipped its first cargo of refined products abroad, marking a partial revival of its energy sector.

Macron presents a united European front in Greenland amid US ambitions

The French president travels to Nuuk on 15 June to support Greenlandic sovereignty, review energy projects and respond to recent US pressure, according to the Élysée.
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New Mexico launches public investment plan to produce 163 GW of geothermal energy
A new report states that the US state could reach 163 GW of geothermal capacity through a set of public measures and expertise drawn from its oil sector.
Emissions expected to surge in Texas with 130 gas plant projects
A report identifies 130 gas power plant projects in Texas that could raise emissions to 115 million tonnes per year, despite analysts forecasting limited short-term realisation.
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