CDC Croissance

Ohmium reached an iridium utilisation rate of 18 GW/ton for its electrolyzers, significantly surpassing the 2030 target, through technological advances that lower hydrogen production costs.
Shanghai Electric signed a framework agreement with Siemens to develop medium- and low-voltage equipment, aiming to modernise China’s power grids and support national decarbonisation targets.

Rondo Energy commissions industrial heat battery in Thailand

US-based Rondo Energy and SCG Cleanergy have completed the installation of a 33 MWh heat battery at a cement plant in Thailand, the first of its kind in Southeast Asia, delivering steam to power a turbine for industrial electricity generation.
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S‑Fuelcell is accelerating the launch of its GFOS platform to provide autonomous power to AI data centres facing grid saturation and a continuous rise in energy demand.
Enbridge commits $1.4bn to expand capacity on its Mainline network and Flanagan South pipeline, aiming to streamline the flow of Canadian crude to US Midwest and Gulf Coast refineries.

Illinois clarifies county authority over solar siting

A new law passed by the Illinois Legislature strengthens counties' power over siting commercial solar projects in unincorporated areas, amid a legal dispute between Grundy County and the City of Morris.
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US-based T1 Energy strengthens its industrial footprint with two successive capital injections and prepares for the launch of its G2_Austin facility, while doubling production at its G1_Dallas site in the fourth quarter.
Frontera Energy will separate its oil and infrastructure operations in Colombia to create two independent entities with distinct strategies, with completion expected in the first half of 2026.

Washington strengthens nuclear deal with Seoul and grants enrichment access

The United States approves South Korea’s development of civilian uranium enrichment capabilities and supports a nuclear-powered submarine project, expanding a strategic partnership already linked to a major trade agreement.
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Belarus commits major public investment to add a third reactor at the Ostrovets plant and initiates studies for a second nuclear site to support national energy demand.
Aramco is reportedly in talks with Commonwealth LNG and Louisiana LNG, according to Reuters, to secure up to 10 mtpa in the “2029 wave” as North America becomes central to global liquefaction growth.

Rapid reshuffle at Petroperu to drive Talara and Amazon under pressure

The Peruvian state has tightened its grip on Petroperu with an emergency board reshuffle to secure the Talara refinery, fuel supply and the revival of Amazon oil fields.
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Velto Renewables becomes the sole owner of Europe's largest floating solar power plant after finalising the transaction with Q ENERGY, strengthening its presence in France.
TotalEnergies injects $100mn into Climate Investment’s Venture Strategy fund to accelerate the adoption of emissions reduction technologies within the oil industry under the OGDC framework.

Voltalia commissions 126 MW Sarimay solar power plant in Uzbekistan

Voltalia has launched electricity production at Sarimay Solar, a 126-megawatt solar plant in Uzbekistan, marking a key milestone in the deployment of new photovoltaic capacity in the country.
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Standard Lithium receives growing institutional backing in the United States to develop direct lithium extraction in Arkansas, a strategic area where the company positions itself against Exxon Mobil.
Kyiv signs a gas import deal with Greece and mobilises nearly €2bn to offset production losses caused by Russian strikes, reinforcing a strategic energy partnership ahead of winter.

Bulgaria places Lukoil refinery under state control to avoid US sanctions

Sofia appoints an administrator to manage Lukoil’s Bulgarian assets ahead of upcoming US sanctions, ensuring continued operations at the Balkans’ largest refinery.
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The United States rejected Serbia’s proposal to ease sanctions on NIS, conditioning any relief on the complete withdrawal of Russian shareholders.
The International Energy Agency expects a surplus of crude oil by 2026, with supply exceeding global demand by 4 million barrels per day due to increased production within and outside OPEC+.
Two photovoltaic plants with a combined capacity of 1,400 MW will be operational in 2027, strengthening EDF Group's international presence and Asian actors in Saudi Arabia's energy market.
Matrix Renewables and SOLV Energy have completed construction of the Stillhouse Solar plant, a 284 MW project in Bell County, representing over $370mn in private investment and 320 jobs created.

India’s solar capacity surpasses 125 GW, raising risk of overproduction

With solar module manufacturing capacity tripling domestic demand, India holds 29 GW in inventory, while exports to the United States fall by 52%.
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Boviet Solar strengthens its industrial presence in the United States with a major investment in a new 3 GW photovoltaic cell plant in Greenville, consolidating its North American expansion strategy.
BrightNight and Cordelio Power have announced the financial close for the Pioneer Clean Energy Center, a hybrid project combining 300 MW of solar and 1,200 MWh of energy storage in Arizona, aimed at supporting the state's growing energy demand.

The next-generation solar cells market will reach USD 19.62 billion by 2032

Driven by innovations in perovskite and quantum dots, the next-generation solar cells market, valued at USD 4.21 billion in 2024, is expected to grow rapidly at a rate of 21.21%, reaching USD 19.62 billion by 2032.
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GreenYellow and Sasol Italy announce the start of construction of a 5.1 MWp photovoltaic solar plant in Terranova Dei Passerini. This project aims to strengthen Sasol’s energy independence in Italy while contributing to the industrial energy transition.
Seven-Eleven Japan signs a power purchase agreement (PPA) with Chugoku Electric Power to acquire 22.3 GWh annually from solar and hydro projects, marking a new chapter for the retailer in renewable energy procurement.

OneD Battery Sciences and Putailai Sign Agreement to Produce Silicon Anodes

OneD Battery Sciences and Shanghai Putailai New Energy Technology announce a development agreement to design and scale production of silicon-carbon anodes for lithium-ion batteries.
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China's decision to cancel the 13% VAT rebate on photovoltaic module exports triggers a sharp price adjustment and reshapes a market under pressure for the past two years.
Zimplats starts phase 2A of its solar project in Zimbabwe, with a $54 million investment to add 45 MW to its capacity, bringing its total to 80 MW to power its mining sites.

Foulath Holding launches the world’s largest rooftop solar power plant on a single site

Foulath Holding partners with Yellow Door Energy to develop a 123 MWc industrial solar power project in Bahrain, setting a global record in size and capacity for a single site.
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GCL Energy Technology strengthens its presence in Southeast Asia by partnering with PLN Indonesia Power to develop two 100 MW solar plants, both ground-mounted and floating, as part of the government’s Hijaunesia program.
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.

Ghana invests $200mn in rooftop solar to ease grid pressure

Ghana commits $200mn to equip 4,000 rooftops with solar panels, aiming to stabilise a strained grid and attract private capital into its power sector.
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The Japanese railway group will purchase solar electricity produced by Kyocera EPA via a third-party PPA structured by Kansai Electric Power, marking its first involvement in such agreements.
Takeei Energy & Park begins operating its first asset under the feed-in-premium scheme, marking a milestone in the group’s investment strategy in the renewable energy sector.

George Gordon First Nation finalises 32.4 MW solar project in Saskatchewan

An unprecedented partnership with the Canada Infrastructure Bank enables George Gordon First Nation to fully own a solar plant powering a potash mine in Saskatchewan.
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Zelestra has closed a $60mn tax equity deal with Stonehenge Capital to support its 81 MW solar project in Indiana, set to become operational in Q4 2025.
JA Solar has signed a strategic agreement with Australia's 5B to supply over 100 MW of photovoltaic modules for a large-scale solar project in Western Australia.