France

Newcleo awards $81mn contract to NEXT-N for advanced modular reactors

French developer Newcleo launches a joint venture with Nextchem through a EUR70 mn contract to design the conventional island of its upcoming 200 MW modular nuclear reactors.

Mitsubishi Logistics signs 8MW solar VPPA with JERA Cross

Mitsubishi Logistics has signed a virtual power purchase agreement with JERA Cross for 8MW of solar power, marking a new step in its energy strategies with investment plans through 2030.

Daiwa launches 160MWh energy storage project in Chitose

Daiwa Energy & Infrastructure has launched a 38MW grid-scale battery system in Chitose, aiming for commissioning in 2027, as part of its deployment of high-voltage storage assets across Japan.
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Vinci maintains 2025 targets thanks to record order backlog

French group Vinci posted revenue growth in the third quarter, supported by all its divisions, and reaffirmed its ambitions for 2025 despite a more restrictive tax environment.

ENGIE Solutions secures 25-year contract for district heating network in Bain-de-Bretagne

The Ille-et-Vilaine Departmental Energy Syndicate awarded ENGIE Solutions a €9.5mn ($10.01mn) contract to operate a 4.9 km heating network, scheduled for commissioning in 2027.

Elogen and Rockfin sign agreement to produce green hydrogen in Central Europe

The partnership includes local manufacturing in Poland of electrolysis systems using Elogen’s technology, with deliveries targeting the Europe, Middle East and Africa markets.
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Washington hits Rosneft and Lukoil, EU tightens, Brent climbs

U.S. sanctions targeting Rosneft and Lukoil trigger a rebound in oil, while the European Union prepares a clampdown on liquefied natural gas and maritime logistics, with immediate repercussions for markets and Russia’s export chain.

UNEP, EU and Japan frame methane: 12% responses, LNG under pressure

Rising responses to UNEP’s satellite alerts trigger measurement, reporting and verification clauses; the European Union sets import milestones, Japan strengthens liquefied natural gas traceability; operators and steelmakers adjust budgets and contracts.

BayWa r.e. opens the capital of the Plouisy wind farm to citizen investment

German group BayWa r.e. has tasked Enercoop Bretagne with implementing a citizen investment scheme for its planned wind farm in Plouisy, aiming for shared governance and stronger local involvement.
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France: MPs approve stricter electricity price controls in budget committee

The Finance Committee has adopted an amendment to overhaul electricity pricing by removing the planned redistribution mechanism and capping producers' profit margins.

Niger maintains oil cooperation with China despite growing demands

Niger hardens its stance on energy sovereignty but avoids breaking with China National Petroleum Corporation, its main oil industry partner, in order to safeguard export revenues.

Chanel invests in two solar power plants in France through 20-year agreement with REDEN

Chanel has signed a 20-year power purchase agreement with REDEN to supply nearly one-third of its electricity needs in France from two photovoltaic plants commissioned in 2025.
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HRS décroche un contrat pour une station hydrogène de 300 kg/jour en Europe

Le groupe français HRS a signé une commande pour la livraison d'une station hydrogène haute capacité, renforçant sa présence dans un réseau en expansion à l’échelle européenne.

Takaichi secures the LDP–Ishin axis, pro-nuclear, and eases fuel taxation

The new Liberal Democratic Party (LDP)–Japan Innovation Party (Nippon Ishin no Kai) axis combines a nuclear restart, targeted fuel tax cuts and energy subsidies, with immediate effects on prices and risk reallocations for operators. —

Egypt seeks to attract Japanese manufacturers to Suez Canal zone

During his visit to Tokyo, the SCZONE chairman presented industrial and logistics projects aimed at establishing the Suez Canal as a regional hub for alternative fuels and supply chains.
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EDF faces environmental gaps on EPR2 project in Penly

The Environmental Authority criticises the lack of key data on health risks, chemical discharges and construction safety for EDF's two upcoming EPR2 reactors in Seine-Maritime.

Engie and Apple sign 15-year PPA for 173 MW in Italy

Engie has signed a renewable electricity supply contract with Apple covering 173 MW of installed capacity in Italy, with commissioning scheduled between 2026 and 2027.

i Grid Solutions and Tokyu Land to invest over JPY20bn in 200MW of solar

i Grid Solutions and Tokyu Land will develop an additional 200MW of on-site solar under power purchase agreements by 2029 through their joint venture TLC VPP, with an investment exceeding JPY20bn ($133mn).
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Renova avance sur un projet éolien terrestre de 280MW à Higashidori avec une nouvelle méthodologie EIE

Renova a soumis une méthodologie d’évaluation environnementale pour un projet éolien terrestre de 280MW à Higashidori, renforçant son positionnement sur les technologies renouvelables au Japon.

Qatar and the United States call on the European Union to ease sustainability rules

Doha and Washington warn Brussels about the consequences of EU sustainability requirements on liquefied natural gas exports, as the continent’s energy security remains under pressure.

Energean exits Moroccan offshore after gas drilling yields mixed results

Energean transfers its offshore stakes in Morocco to Chariot just one year after entering the market, following below-expectation outcomes from the Anchois-3 gas well.

Brussels approves ENNOH’s provisional statutes to launch hydrogen cooperation

The European Commission has published its opinion on ENNOH’s founding documents, paving the way for the organisation of hydrogen network operators across Europe.

World Bank grants $350mn for $1.5bn hydropower project in Malawi

The World Bank is funding the largest foreign investment ever recorded in Malawi, aiming to double the country’s hydropower capacity through a public-private partnership initiative.
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Orano faces interest from buyers for its uranium mines in Niger

Several parties are positioning to acquire French company Orano’s mining sites in Niger, while the firm pursues international arbitration to protect its assets and nearly €250mn in blocked uranium concentrate.

Iran resumes nuclear talks with Europe under mounting US pressure

Iranian officials met in Istanbul with the European trio to discuss the nuclear programme, as Washington threatens new sanctions in case of deadlock.

OPEC+ Opens the Taps, IEA Forecasts Rebound in Global Oil Stocks

The International Energy Agency forecasts a significant rise in global oil stocks due to slowing demand in developed economies and OPEC+'s gradual production increases starting in 2025.
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McPhy heads towards judicial liquidation after failure of full takeover offers

The French hydrogen company closed its tender process without receiving any in bonis offers, paving the way for a partial asset sale and liquidation proceedings.

TOYO posts $40.5mn net profit in 2024 despite tripled expenses

Solar solutions manufacturer TOYO Co., Ltd released revised financial results for 2024, reporting a significant increase in net profit despite a sharp rise in operating expenses.

MPs seek to reform France’s hydroelectric concession regime

A parliamentary report proposes replacing the concession system with authorisations to end the deadlock with Brussels and revive investment in France’s hydroelectric sector.
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Aramco could invest in Woodside’s Louisiana gas project

Woodside Energy has announced a collaboration agreement with Saudi Aramco for a potential stake in its $17.5bn liquefied natural gas project in Louisiana, scheduled to begin production in 2029.

Boralex Reports $41 Million Profit Despite Lower Energy Production

Boralex announces quarterly net earnings of CAD 41 million, marked by a 4% decrease in energy production, despite successfully commissioning its first wind farm in the United Kingdom.

IEA lowers forecast on oil impact from electric vehicles by 2030

The International Energy Agency expects electric vehicles to cut oil demand by 5 million barrels per day by 2030, down from a previous estimate of 6 million, citing economic and trade uncertainties.
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Iliad signs four new contracts to strengthen its energy supply in Europe

The iliad Group signs four new renewable electricity purchase agreements in France, Italy and Poland, bringing its total number of European energy projects to eight.

EU delays classification of nuclear hydrogen as “low-carbon” fuel

The postponement of nuclear-produced hydrogen’s classification as a “low-carbon” fuel until 2028 is raising concerns among industry players, especially those backing this energy source.

EDF and Siparex launch second €300 million fund to support the nuclear sector

EDF and Siparex are mobilising a new €300 million investment fund to strengthen strategic companies in the nuclear supply chain amid industrial revival driven by the EPR2 reactor programme.
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Japanese refiners face hurdles diversifying crude imports amid OPEC+ production increase

Japanese refiners, dependent on Gulf crude for 96.6% of imports, are struggling to diversify supply sources as increased OPEC+ output makes Persian Gulf barrels more competitive compared to US crude.

AfDB approves €26.5mn for a 62 MWp solar power plant in Togo

The project, co-financed by Proparco and led by EDF, involves a solar power plant in Sokodé aimed at boosting Togo’s energy output and attracting new private investments.

Ocean Winds launches final phase with first turbine installed at EMYN

Ocean Winds has installed the first turbine of the EMYN offshore wind farm, triggering the final phase of the project ahead of its commissioning at the end of 2025 and the creation of 85 permanent maintenance positions.
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Esso restarts refining units in Port-Jérôme after 750,000 hours of maintenance

Esso’s Gravenchon site restarts operations following a planned shutdown involving 1,000 workers and over 750,000 labour hours.

Cigéo project cost could reach €37.5bn according to Andra

The French National Agency for Radioactive Waste Management has revised upward its evaluation of the Cigéo underground storage project, with a maximum potential cost of €37.5bn ($40.4bn) over 150 years.