Iberdrola strengthens its financial position with a new five-year credit facility, signed with 32 banks, to support investments in power grids and renewable energy, particularly in the United States.
The expansion of the global oil and gas fishing market is accelerating on the back of offshore projects, with annual growth estimated at 5.7% according to The Insight Partners.
Norwegian industrial group Aker ASA achieved a strong surge in its share price in the first half, expanded its diversification into real estate, and executed major transactions despite global energy market volatility.
The European Union is investing EUR202mn in the IFMIF-DONES project in Granada to test materials intended for future fusion power plants, in cooperation with Spain, Croatia, Italy, and Japan.
Carbon2Nature, a subsidiary of Iberdrola, partners with law firm Uría Menéndez on a 90-hectare reforestation project in Sierra de Francia, targeting carbon footprint compensation for the legal sector.
Aker Carbon Capture distributed $162mn in dividends to its shareholders, a direct consequence of significant asset disposals and a substantial restructuring of its balance sheet in the second quarter of 2025.
Equinor ASA acquired 2.1 mn of its own shares on the Oslo Stock Exchange for a total of $201 mn between July 7 and 11, continuing the second phase of its 2025 buyback programme.
Ørsted has completed a $2.75bn project financing with 25 banks and five export credit agencies for the 632 MW Greater Changhua 2 offshore wind farm in Taiwan, strengthening its industrial partnership strategy. —
French company Lhyfe has carried out its first successful green hydrogen combustion tests in Spain, delivering three tonnes over three weeks to the Valencian ceramic industry, opening a new potential alternative to industrial fossil natural gas.
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.
Eco Wave Power Global AB joins a consortium funded with €2.45mn by the European Interreg Atlantic Area programme to accelerate commercial implementation of wave energy technologies in Atlantic coastal regions.
Masdar and Iberdrola announce a joint investment of €5.2 billion in the East Anglia THREE offshore wind farm in the United Kingdom and full commissioning of the German Baltic Eagle project (476 MW).
The overproduction of solar energy in Europe is causing a drop in captured prices, undermining the profitability of producers. In Germany, Spain, and France, capture prices are at record lows, with profound economic consequences.
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.
EDF confirms the continuation of its industrial project in Fessenheim for recycling very low-level radioactive metals, a first in France requiring specific regulatory authorizations, following a public debate concluded last February.
BRICS adopt a joint financial framework aimed at supporting emerging economies while criticizing European carbon border tax mechanisms, deemed discriminatory and risky for their strategic trade relations.
Italian group Plenitude has begun building Entrenúcleos, a 200 MW photovoltaic plant near Seville, set to deliver more than 435 GWh a year from 2026 while trialling locally produced green steel.
A major electricity blackout paralyzed large parts of the Czech Republic, interrupting transport and essential networks, raising immediate economic concerns, and highlighting the vulnerability of energy infrastructures to unforeseen technical incidents.
Spanish company Cox has signed a $64mn contract for the design and construction of 500 kilometres of high-voltage transmission lines in Paraguay's Chaco region, in collaboration with local firm L.T. S.A.
Iberdrola announces a supplementary dividend of €0.409 per share for 2024 under the "Iberdrola Retribución Flexible" programme, bringing the total annual remuneration to €0.645 per share, representing a year-on-year increase of 15.6%.
Globeleq acquires a majority stake in Lunsemfwa Hydro Power Company, marking its entry into the Zambian energy market with two hydropower plants and a solar project.
The Polish energy group ORLEN receives a non-repayable grant of €382 million from the National Recovery Plan to finance its renewable and low-emission hydrogen production initiatives.
Norwegian group Statkraft plans an annual cost reduction of NOK2.9bn ($292 million) by 2027, citing possible job cuts amid rising financial burdens and volatility in the European energy market.
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.
At a conference held on June 11, Brussels reaffirmed its goal to reduce energy costs for households and businesses by relying on targeted investments and greater consumer involvement.
Global photovoltaic tracker shipments rose 20% in 2024, driven by India and Saudi Arabia, pushing the United States to a less dominant market position.
Chinese manufacturer Astronergy will supply its ASTRO N8 photovoltaic modules for a solar project developed in Spain by engineering firm GES Siemsa, marking a strategic advance in the European market.
Following the major electrical outage in April, the Spanish and Portuguese governments are urging the European Commission to expedite infrastructure development for electrical interconnections between the Iberian Peninsula and the broader European grid, currently considered insufficient.
RTE states that no evidence currently links the Iberian blackout to renewable energy sources, as a European investigation begins and interconnections emerge as a strategic issue.
Norway's sovereign wealth fund lost 415 billion Norwegian kroner (€35 billion) in Q1 2025, primarily due to a decline in tech stocks and currency fluctuations.
Donald Trump's aggressive trade policies and regulatory uncertainty in the United States are slowing investments in wind, solar, and energy storage, pushing the sector into a period of caution and market volatility.
Europe is considering various energy strategies up to 2050, revealing highly variable costs and an uncertain future for natural gas demand amid political pressure to achieve carbon neutrality at lower costs.
RIC Energy, a pioneer in renewable energy, secures its first authorization for a green hydrogen plant in Valladolid, marking a milestone in Castile and León's energy transition.
Alfa Laval has secured two contracts worth SEK 350 million to provide HVO pre-treatment units to Europe’s largest biofuel facility, boosting the production of renewable fuels for aviation and land transportation.
Norwegian energy companies Equinor, Aker BP and Vår Energi see their offshore oil and gas projects undergo significant cost increases, mainly due to inflation, delays and currency fluctuations.
Norway allocates 35 billion NOK to support the development of floating wind, targeting a capacity of 2.25 GW by 2025. This strategic initiative strengthens the country's offshore energy transition.
Equinor ASA strengthens its position in the renewable energy sector by acquiring nearly 10% of Ørsted’s shares, thereby becoming the second largest shareholder. This operation aligns with Equinor's sustainable growth strategy.
The continued increase in development costs of upstream oil projects is testing the economic viability of new oil production. A recent study by Rystad Energy reveals an increase in breakeven costs, while still remaining below current oil prices.
