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SUNOTEC and Sungrow reach major agreement for 2.4 GWh energy storage in Bulgaria

SUNOTEC and Sungrow announce the signing of a strategic contract to deploy 2.4 GWh of batteries for large-scale solar projects in Bulgaria, setting a new record for energy storage in Southeast Europe.

First Hydrogen strengthens its partnership with the University of Alberta to accelerate SMRs

First Hydrogen expands its collaboration with the University of Alberta to optimise small modular nuclear reactor design and support green hydrogen development amid the growth of artificial intelligence data centres.

Naftogaz signs first Transbalkan gas deal with Azerbaijani SOCAR

Naftogaz and the State Oil Company of the Republic of Azerbaijan (SOCAR) have formalised an initial contract for natural gas delivery via the Transbalkan corridor, opening new logistical perspectives for Ukraine’s energy supply.
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Electrica raises €500 million with its first green bond issuance

Romanian company Electrica raised €500 million through the country's first green bond issuance, with participation from the European Investment Bank (EIB), to finance its renewable energy and storage projects.

More than ten-year delay for Bulgaria’s national nuclear waste repository

The Bulgarian National Audit Office report highlights persistent delays and contractual irregularities in the implementation of the national repository for low- and intermediate-level radioactive waste.

Greece’s wind capacity surpasses 5.5 GW as growth rate doubles

Greece’s wind sector reaches a new milestone with 5.5 GW installed, driven by 37 new turbines and €180 mn in investments during the first half of 2025, according to ELETAEN.
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Asia accounts for 71% of new renewable capacity, Africa remains marginalised

Asia dominated global new renewable energy capacity in 2024 with 71% of installations, while Africa recorded limited growth of only 7.2%, according to the latest annual report from IRENA.

Solar energy becomes EU’s leading electricity source in June 2025

Solar energy reached a record share of 22.1% in the European electricity mix in June 2025, becoming for the first time the main source of electricity in the European Union, according to a report by think tank Ember.

EBRD Lends €400 Million to Moldova to Secure Energy Supply

The European Bank for Reconstruction and Development lends €400 million to JSC Energocom to diversify Moldova's gas and electricity supply, historically dependent on Russian imports via Ukraine.
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Floating nuclear power plants evaluated to supply Mediterranean regions

The American Bureau of Shipping and two nuclear sector companies are studying the potential deployment of floating nuclear power plants to meet the energy needs of island and coastal regions in the Mediterranean, notably via electricity and desalination.

ABO Energy sells its Greek subsidiary to HELLENiQ ENERGY Holdings

ABO Energy is selling its subsidiary ABO Energy Hellas and an energy project portfolio of approximately 1.5 gigawatts to HELLENiQ ENERGY Holdings, thus refocusing its strategic resources towards other markets, notably Germany, without major financial impact anticipated for 2025.

Eurowind Energy invests €174.8mn in major solar park in Romania

Eurowind Energy initiates a €174.8mn investment to build a 220 MW solar park in Vișina, Romania, capable of supplying around 150,000 households annually.
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Fortum selects Westinghouse to study an AP1000 reactor in Finland

The preliminary agreement launches planning and site assessment for a tailored AP1000 reactor, following two years of feasibility study, and enlists Westinghouse and Hyundai to support Fortum’s regional nuclear expansion.

OMV Petrom invests in major 400 MW solar project in Bulgaria

OMV Petrom acquires 50% of the 400 MW Gabare photovoltaic project near Sofia, in partnership with Enery, in a deal valued at approximately €200 million including a potential energy storage solution.

Greece Considers Modular Reactors to Decarbonize its Maritime Industry

Greek Prime Minister Kyriakos Mitsotakis has announced his country's interest in small modular nuclear reactors to meet national energy challenges and decarbonize the maritime sector within the next fifteen years.
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Libya Denounces Greek Oil Exploration off the Coast of Crete

Libya officially contests Greece's allocation of offshore oil permits, exacerbating regional tensions over disputed maritime areas south of Crete, rich in hydrocarbons and contested by several Mediterranean states.

Four European organisations join forces to develop innovative nuclear reactor

A new European consortium launches the design of a small lead-cooled modular reactor, targeting global commercialisation by 2039, with a demonstration scheduled as early as 2035.

Global emissions: Europe reduces locally but massively outsources its pollution

Global CO₂ emissions reach a record level in 2024, while Europe reports a local decrease but significantly outsources its pollution to emerging economies, revealing a pronounced gap between stated ambitions and economic realities.
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Brussels threatens legal action against RED III transposition laggards

The European Commission is considering legal action over RED III delays, as regulatory uncertainty slows renewable hydrogen projects and Union-wide investment.

Tariff increases slow down energy projects in the United States

New US tariff measures are driving up energy sector costs, with a particularly strong impact on storage and solar, according to a study by Wood Mackenzie.
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Pro-nuclear countries call for global funding for civil nuclear power

Nuclear-friendly countries are calling on financial institutions and development banks to finance nuclear infrastructure and develop small modular reactors.

NANO Nuclear explores micro-nuclear technology for space conquest

NANO Nuclear Space is working on adapting its micronuclear reactors for space missions, with a focus on cis-lunar space.

Air France-KLM: New sustainable fuel agreement with TotalEnergies

Air France-KLM has signed a contract with TotalEnergies for the purchase of 1.5 million tonnes of sustainable aviation fuel (SAF) over ten years, with the aim of reducing CO2 emissions and accelerating its decarbonization strategy.
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Companies struggle to maintain their investments in decarbonization

Large companies are reducing their investments in decarbonization due to geopolitical tensions, although regulations and consumer expectations continue to push them towards better management of their emissions.

Poland injects 60 billion zloty into its first nuclear power plant

Poland is financing the construction of its first nuclear power plant with an allocation of 60 billion zloty, strengthening its energy independence and creating major economic opportunities.

Strategic shutdown of Cove Point LNG plant for annual maintenance

The Cove Point LNG plant, operated by Berkshire Hathaway Energy, is suspending operations for planned three-week maintenance, temporarily disrupting natural gas flows.
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European thermal coal derivatives up 4% in August

The thermal coal derivatives market rose by 4% in August, supported by volatile prices, mainly in Europe. Volumes reached 32.3 million metric tons, according to data from the London Energy Brokers Association (LEBA).

Carbon capture projects must accelerate to achieve carbon neutrality

The development of carbon capture technologies is crucial to achieving decarbonization targets, but projects are not progressing fast enough according to experts.

Holtec chooses South Yorkshire for its first SMR plant in the UK

Holtec International has selected South Yorkshire as the location for its new Small Modular Reactor (SMR) plant, with the aim of supplying Europe and the Middle East while strengthening the UK nuclear supply chain.
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Agreement between Greece and Cyprus for the Great Sea Interconnector submarine cable

Greece and Cyprus are moving ahead with the Great Sea Interconnector project, aimed at linking Cyprus to mainland Europe via a 1,240 km undersea cable, a key element in the energy integration of the Eastern Mediterranean.

Ukraine faces major energy challenges ahead of winter 2024

With Russian attacks on energy infrastructure intensifying, Ukraine needs to strengthen its network to ensure reliable supplies this winter, according to recommendations from the International Energy Agency (IEA).
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USA: Record diesel exports to Europe and Latin America

This summer, diesel exports from the US Gulf Coast reached record levels, with unprecedented volumes headed for Europe and Latin America, supported by competitive freight rates and increased production.

Nuclear industry 70% dependent on Russian fuels

The interdependence between the Western and Russian nuclear industries raises major concerns, especially in the context of economic sanctions. This report highlights the challenges and costs involved in reducing this dependence, prompting further reflection.
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Ukraine and Moldova in energy crisis, EUR 2 billion in winter aid

Ukraine and Moldova are facing a critical winter due to the destruction of their energy infrastructures. The International Energy Agency is calling for urgent action to guarantee their energy security in the face of unprecedented challenges.

Condor Energies powers Kazakhstan with 1 million liters of diesel/day

Condor Energies Inc. takes a decisive step into liquefied natural gas production in Kazakhstan, receiving a second gas allocation for a low-carbon facility. This breakthrough supports the energy transition and modernizes the transport sector.
Kuryk LNG terminal

East-West LNG arbitrage booming in the face of growing Asian demand

East-West LNG arbitrage is gaining strength, with rising Asian demand outstripping European demand. Traders are taking advantage of this momentum to redirect cargoes to the Far East, despite uncertainties about future demand.

Turkey and TotalEnergies join forces for a sustainable energy future

Turkey strengthens its position in the energy market by signing a 10-year agreement with TotalEnergies for the import of liquefied natural gas. This initiative aims to diversify supplies and become a regional hub for Europe.

Rosneft versus Shell: an energy battle at the heart of European tensions

The case between Rosneft and Shell over the sale of the latter's stake in the PCK Schwedt refinery illustrates the growing tensions in the European energy sector, exacerbated by the current geopolitical context and sanctions against Russia.
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Photon Energy inaugurates its largest 7.5 MWp solar power plant in Romania

Photon Energy recently commissioned a 7.5 MWp photovoltaic plant in Romania, bringing its portfolio to 100 installations. This move underlines Photon Energy's commitment to renewable energies and its strategy of growth in the European market.

Gengenbach launches green hydrogen hub for sustainable energy transition

Infener's initiative in Gengenbach to create a 20 MW green hydrogen production hub illustrates the growing importance of hydrogen in the energy transition. The project promises to boost energy self-sufficiency and stimulate the local economy.
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