Malta

ABB boosted by data centre demand and beats forecasts

ABB recorded double-digit growth in sales of equipment for data centres, contributing to a 28% increase in net profit in the third quarter, surpassing market expectations.

Bercy veto blocks ABB’s attempt to acquire Legrand

ABB made several attempts to acquire Legrand, but the French government opposed the deal, citing strategic concerns linked to data centres.

Nala Renewables acquires 250 MW storage portfolio in Finland

Nala Renewables strengthens its position in Finland with the acquisition of a battery energy storage portfolio exceeding 250 MW from Swiss developer Fu-Gen AG.
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Paris Agreement: How Article 6 Shifts Carbon Credits to Regulated Demand by 2030?

Article 6 converts carbon credits into a compliance asset, driven by sovereign purchases, domestic markets, and sectoral schemes, with annual demand projected above 700 Mt and supply constrained by timelines, levies, and CA requirements.

Nel ASA secures new 2.5 MW PEM electrolyser order in Switzerland

Nel Hydrogen US will supply a containerised electrolyser to H2 Energy for a hydrogen production facility commissioned by the Association for Waste Disposal in Buchs, Switzerland.

Alkagesta opens biofuels trading desk in Geneva to strengthen its investments

Trader Alkagesta opens a new biofuels trading desk in Geneva, targeting European market growth and consolidating its investments in alternative fuels.
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Clariant targeted by BP and ExxonMobil in ethylene case

The Swiss chemical group faces two new lawsuits filed in Germany, bringing the total compensation claims from oil and chemical companies to over €3.5bn ($3.7bn) in the ethylene collusion case.

Axpo evaluates fourth wind project in the canton of St. Gallen

Energy group Axpo is considering a new installation of three wind turbines in Wil, aimed at powering around 5,000 households and strengthening Switzerland's winter electricity production.

Vitol acquires 30% of Baleine oil field in Côte d’Ivoire from Eni

Vitol strengthens its presence in West Africa by acquiring a 30% stake in the Baleine oil field from Eni, while maintaining an active role in the country’s offshore development.
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MET Group takes full control of Slovak subsidiary and enters Albania

Swiss energy company MET strengthens its footprint in Central and Southeast Europe with the full acquisition of MET Slovakia and the launch of a new operational subsidiary in Albania.

Gresham House acquires SUSI Partners to become a leading European energy player

UK-based Gresham House will acquire Swiss investment manager SUSI Partners, strengthening its international footprint in energy transition infrastructure.

Meyer Burger gives up on rescue amid Chinese pressure and US uncertainty

Facing falling Chinese prices and unstable energy policies in the United States, Swiss solar module manufacturer Meyer Burger announces the end of its recovery efforts.
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Zelestra and BKW partner on 2 GWh battery storage megaproject in Italy

A long-term tolling agreement between Zelestra and BKW targets the construction of a 2 GWh battery energy storage system in northern Italy, with full commissioning scheduled for 2028.

Vema Hydrogen forme un conseil scientifique d’élite pour soutenir son expansion industrielle

Vema Hydrogen mobilise des experts internationaux pour accélérer la mise sur le marché de son hydrogène minéral, alors que l’entreprise prévoit de forer ses premiers puits pilotes en Amérique du Nord d’ici la fin de l’année.

Return of IAEA inspectors to Iran after one month of diplomatic breakdown

Iran once again authorises the International Atomic Energy Agency to inspect its nuclear sites, following a suspension triggered by a dispute over responsibility for Israeli strikes.
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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.

Transocean reports a net loss of $938mn in the second quarter despite revenue growth

Swiss group Transocean reported a net loss of $938mn for the second quarter 2025, impacted by asset impairments, while revenue rose to $988mn thanks to improved rig utilisation.

Bpifrance grants €17mn to Wysenergy for 9-MW wind farm in Marne

Swiss company Wysenergy has secured public funding for its first wind project in France, located in the municipality of Faux-Fresnay and selected under the PPE2 tender scheme.
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European Union struggles to agree on new Russian oil price cap

Talks between European Union member states stall on the adoption of the eighteenth sanctions package targeting Russian oil, due to ongoing disagreements over the proposed price ceiling.

GE Vernova modernises TransnetBW’s key cross-border power hub in Germany

GE Vernova has secured a major contract to modernise the Kühmoos substation in Germany, enhancing grid reliability and integration capacity for power flows between Germany, France and Switzerland.

Oklo and Deep Atomic initiate regulatory steps in the US for small modular reactors

Two small modular reactor developers begin preliminary engagement with the US nuclear authority, ahead of filing applications for distinct projects targeting industrial use cases.

Glencore Posts Loss in 2024 and Considers Changing Stock Exchange

Glencore announces a financial loss in 2024, attributed to a drop in demand and fluctuations in commodity prices, while considering a stock exchange move to strengthen its strategic position.

Kazakhstan Signs First Uranium Supply Deal with Switzerland

Kazatomprom will supply natural uranium concentrate to Switzerland for the first time under a contract with Axpo. This transaction aligns with Switzerland's strategy to secure energy supplies amid declining Russian gas deliveries.
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Synhelion Invests $1 Billion in Solar Fuels in Morocco

Swiss company Synhelion plans to invest $1 billion in a synthetic fuel production plant in Morocco. This project relies on an innovative solar technology and aims for an annual output of 100,000 tons, with financing combining equity and bank loans.

Switzerland : Emergency shutdown of Beznau Reactor 2 after human error

Reactor 2 of the Beznau nuclear power plant, the oldest in Europe, was shut down in an emergency following an incorrect operation during a routine inspection. The Axpo group assures that safety was maintained and that a restart is under review.

Trafigura Convicted in Switzerland for Foreign Public Official Corruption

Trafigura, the major commodities trading giant, has been convicted by the Swiss Federal Criminal Court for corrupting a foreign public official in Angola, marking a precedent in the commodities sector.
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Saneg reduces flaring to optimize gas flows in Uzbekistan

Saneg, in partnership with international players, transforms flared gas into a usable resource, reducing energy dependency while strengthening its position in a pressured energy market.

The Development of Strategic Electric Interconnections

Electric interconnections have reshaped global energy systems, enabling cross-border cooperation and economic stability. Rooted in Oxford Energy Institute research, this piece highlights key agreements, technological milestones, and the diplomatic strategies driving these transformative infrastructures.

France sets electricity export record with 89 TWh in 2024

In 2024, France achieved an unprecedented net electricity export level of 89 TWh, driven by a restored nuclear production and strengthened renewable performance.
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ABB strengthens its business strategy in renewable energy with the acquisition of Gamesa Electric

The Swiss-Swedish group ABB acquires strategic activities from Gamesa Electric, consolidating its business strategy in renewable energy through equipment for wind, solar, and storage.

Axpo launches a new hydrogen plant in Switzerland to strengthen its industrial positioning

Axpo and its partners have started construction of a hydrogen plant in Bürglen. This facility will produce 260 tonnes of hydrogen annually for industrial and mobility applications.

Record-breaking Climate Temperatures in 2023-2024: A Warning Signal for Scientists

Global temperatures in 2023 and 2024 shattered records, leaving climatologists grappling with urgent questions about the causes of such unprecedented overheating.
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Switzerland: The Beznau Nuclear Power Plant to Shut Down Permanently by 2033

The Beznau nuclear power plant, the oldest in Europe, will cease operations in 2033 according to its operator, Axpo. Greenpeace Switzerland demands an immediate shutdown to reduce environmental risks and prioritize renewable energy sources.

Katiola: $53 Million for a 50 MW Solar Power Plant in Côte d’Ivoire

A 50 MW solar power plant will be constructed in Katiola, Côte d’Ivoire. Fully financed by Katiola Solar Power, a subsidiary of JC-Monfort, this investment is valued at $53 million.

Axpo secures 163 MW of renewable energy in France through Urbasolar and Volkswind

Axpo's solar and wind divisions secure a total of 163 MW in two tenders in France, strengthening their key role in the European energy transition strategy.
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The CERN and Voltalia: A Solar Partnership for Decarbonized Energy

The CERN and Voltalia have signed an ambitious partnership to power particle accelerators with solar energy. This 15-year contract includes two solar plants in France, cutting CO2 emissions by 8,775 tons per year.

COP29: The Future of Carbon Markets Under Article 6 Between Hope and Challenges

At COP29, world leaders established the foundations for carbon markets under Article 6 of the Paris Agreement, but major challenges remain regarding integrity, demand, and national implementation.

COP29: Towards Regulation of the Carbon Credit Market Despite Controversies

COP29 is launching a regulatory framework for carbon credit exchanges between countries and companies under UN supervision, aiming to ensure the reliability of these transactions in the fight against climate change.
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The EIP fund increases its share to 10% in Plenitude, Eni’s green division

The Energy Infrastructure Partners (EIP) fund strengthens its investment in Plenitude, Eni's renewable energy subsidiary, valued at over 10 billion euros, to support its strategic growth.

Carbon credits at the center of discussions: the UN imposes new standards at COP29

At COP29, the UN commits to regulating the carbon credit market to enhance transparency and quality, in an effort to reduce global CO2 emissions.