France

Second natural hydrogen exploration permit granted to TBH2 Aquitaine

The French government has issued an exclusive mining exploration permit to TBH2 Aquitaine to explore natural hydrogen in the Pyrénées-Atlantiques, bringing the young company’s total number of authorisations to two.

Nigerien junta rejects French accusations over uranium disappearance

Niger’s military regime disputes theft allegations by French prosecutors after uranium stock vanished from a nationalised site previously operated by Orano.

Gardanne biomass power plant restarts despite criticism over subsidies

After ten years of transition, the Provence thermal power plant now runs on biomass, but its economic model and forest impact continue to raise serious concerns.
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BayWa r.e. sells 2.2 GW of projects and prepares for independence by 2028

BayWa r.e. continues its strategic transformation with the sale of 2.2 GW of projects, a withdrawal from Asian markets, internal reorganisation, and a rebranding planned for 2026.

France scraps Arenh and promises stable electricity prices through 2027

A new pricing framework will apply from January 2026 in France, replacing the Arenh mechanism. The state says the reform will not lead to higher bills for most consumers.

Nexans sells Autoelectric to Motherson for €207mn, completing its strategic shift

French group Nexans initiates the sale of its Autoelectric subsidiary to India’s Motherson for €207mn ($227mn), marking its full exit from non-electrification activities.
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Davidson Kempner and Fortress take control of Bourbon to relaunch growth

Bourbon enters a new strategic phase following the arrival of Davidson Kempner and Fortress, who have become majority shareholders after a financial restructuring approved by the French courts.

France: electricity bills to remain stable in 2026 despite the end of Arenh

The Ministry of the Economy forecasts stable regulated tariffs in 2026 and 2027 for 19.75 million households, despite the removal of the Arenh mechanism and the implementation of a new tariff framework.

French Electricity Union releases 50 measures to electrify the national economy

The federation of the electricity sector proposes a comprehensive plan to reduce dependence on fossil fuels by replacing their use in transport, industry and housing with locally produced electricity.
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Lhyfe expects EUR10mn revenue in 2025 and cuts costs from 2026

Lhyfe aims to double its revenue next year, refocuses industrial priorities and plans a 30% cost reduction starting in 2026 to accelerate profitability.

The French government asks RTE to maintain the THT line project to Fos

The government confirms the continuation of the high-voltage line construction to Fos-Berre, despite criticism from the public debate and local tensions regarding environmental and economic impacts.

Mundi Énergies launches twenty renewable energy hubs in Canada with Haffner Energy

Mundi Énergies partners with Haffner Energy to create a network of twenty multi-energy hubs in Quebec, using residual biomass to produce renewable gas and strengthen Canada’s energy independence.
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Newcleo launches European safeguards process for lead-cooled modular reactor

French nuclear reactor developer Newcleo has submitted its lead-cooled small modular reactor design to Euratom, initiating the first regulatory phase to integrate nuclear non-proliferation safeguards at the European level.

EDF raises cost estimate for six new nuclear reactors to €72.8 billion

French state utility EDF has increased the maximum estimated cost for building six new nuclear reactors to €72.8 billion ($85.29 billion), representing a 40% rise over the original figure.

France postpones publication of energy roadmap to 2026

The government has postponed the release of the new Multiannual Energy Programme to early 2026, delayed by political tensions over the balance between nuclear and renewables.
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France: the Council of State bans coalbed methane exploitation in Lorraine

The Council of State has cancelled the authorisation to exploit coalbed methane in Lorraine, citing risks to the region's main aquifer and bringing an end to a legal battle that began over a decade ago.

Technique Solaire secures €40mn junior debt to support 392 MWp in projects

Technique Solaire has secured €40mn ($43.5mn) in junior debt from BNP Paribas Asset Management to structure two solar portfolios totalling 392 MWp across France, Spain and the Netherlands.

Neoen wins 124 MWp in solar projects in latest French government tender

Independent power producer Neoen has secured six agrivoltaic projects totalling 124 MWp, reinforcing its position as the leading winner in French solar tenders since 2021.
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TOPCon 4.0 vs HJT: the financial trade-off in the solar sector in 2026

As the photovoltaic industry enters a phase of deep restructuring, the duel between TOPCon 4.0 and heterojunction technologies is redefining manufacturers’ margins. In 2026, reducing production costs becomes the primary strategic lever for global market leaders.

Dalkia wins €15bn contract to manage Paris heating network until 2050

The Paris Council awards a €15bn, 25-year contract to Dalkia, a subsidiary of EDF, to operate the capital’s heating network, replacing long-time operator Engie amid political tensions ahead of municipal elections.

NGE and Sade win contract for cooling system networks of EPR2 reactors

NGE, through its subsidiary Sade, has won the contract for the cooling system networks (SEC) of six EPR2 reactors in France, a key project for nuclear safety and industrial innovation.

France: MPs Reject Tax Increase on E85 and B100 Fuels

The French National Assembly rejected proposed tax increases on E85 and B100 biofuels in the 2026 budget after strong opposition from the agricultural and transport sectors.

BP multiplies its net profit by five in the third quarter despite lower prices

BP reported a net profit of $1.16 billion in the third quarter, five times higher than in 2024, thanks to strong results in refining and distribution, despite a decline in oil prices.
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The examination of Global Bioenergies’ takeover bids postponed to November 24

The Commercial Court of Evry has delayed the review of takeover bids for Global Bioenergies, raising the possibility of judicial liquidation if no buyer emerges by November 12 at noon.

The French State activates the IEF control on Exaion’s sale to American Mara

The government confirmed that the majority sale of Exaion by EDF to Mara will be subject to the foreign investment control procedure, with a response expected by the end of December.

Qatar threatens to suspend LNG exports to Europe over CSDDD directive

Qatar warns it could halt its liquefied natural gas (LNG) deliveries to the European Union if the CSDDD directive is not softened, a move that reignites tensions surrounding Brussels' new sustainability regulations.
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EU bans Russian LNG, Arctic bottlenecks and clauses under strain

The gradual ban on Russian cargoes reshapes European flows, increases winter detours via the Northern Sea Route and shifts risk toward force majeure and “change of law,” despite rising global capacity. —

France: Tenergie installs a 270 kWc solar plant on a quarry site in Bouches-du-Rhône

Tenergie renovated the roof of an industrial hangar at a limestone quarry in Bouches-du-Rhône and installed a 270 kWc solar plant under a 25-year lease agreement with no upfront cost for the company.

Baltic Storage Platform secures €85.6mn for large-scale battery project in Estonia

Baltic Storage Platform secures a record €85.6mn ($90.6mn) to develop two battery energy storage sites in Estonia, marking the first such financing in the Baltics based solely on storage revenue streams.
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Vallourec secures over 20,000-ton pipeline contract in Brazil

The French group will supply carbon steel pipelines to TechnipFMC for the offshore Orca project, strengthening its strategic position in the Brazilian market.

France: REDEN commissions a 3-hectare agrivoltaic greenhouse in Ariège

Energy group REDEN has commissioned a 3-hectare agrivoltaic greenhouse in Montaut, Ariège, combining specialised agricultural production and electricity generation on a single family-run site.

Hyd’Occ brings together hydrogen stakeholders in Béziers ahead of launch

Ahead of Hyd’Occ’s commissioning, Qair hosts hydrogen sector operators and decision-makers in Béziers to coordinate the industrial integration of local production into regional transport.
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Shanghai Electric delivers giant components for CRAFT and ITER projects

Shanghai Electric strengthens its position in the global nuclear fusion supply chain with strategic equipment deliveries for the ITER project in France and CRAFT in China.

G7 launches over 20 projects to counter Chinese influence on critical minerals

Meeting in Canada, G7 energy ministers unveiled a series of projects aimed at securing supply chains for critical minerals, in response to China’s restrictions on rare earth exports.

Enedis commits €250mn to upgrade Marseille’s electricity network

Enedis plans a €250mn ($264mn) investment to strengthen Marseille’s electricity grid by 2030, including the full removal of paper-insulated cables and support for the port’s electrification.
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Framatome to upgrade Tihange 3 reactor as part of Belgian extension plan

Electrabel has entrusted Framatome with upgrading the control system of the Tihange 3 reactor, reinforcing Belgium’s nuclear extension strategy launched in 2023.

Baltic Storage Platform secures €85.6mn for dual battery project in Estonia

Joint venture Baltic Storage Platform has secured €85.6mn ($90.7mn) to build two energy storage systems in Estonia, forming one of continental Europe’s largest battery complexes.

TotalEnergies and Shell boost profits despite falling oil prices

Third-quarter results show strong resilience from European majors, supported by improved margins, increased production and extended share buyback programmes.
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Schneider Electric maintains targets despite €466mn currency impact

Schneider Electric reaffirmed its annual targets after reporting 9% organic growth in Q3, driven by data centres and manufacturing, despite a negative currency effect of €466mn ($492mn).

Air Liquide raises €2.15bn to finance the purchase of South Korea’s DIG Airgas

The French industrial gas group issued bonds with an average rate below 3% to secure the strategic acquisition of DIG Airgas, its largest transaction in a decade.