DGEC

The company has secured a 108 MW solar project in Sicily, its largest in Italy, following the second national FER X auction, strengthening its portfolio of energy investments in the country.
GE Vernova Hitachi’s BWRX-300 small modular reactor has passed a key regulatory hurdle in the United Kingdom, opening the door to potential commercial deployment, despite no current plans for construction.

JA Solar commissions its first industrial solar-storage system in Sicily

JA Solar has launched a microgrid combining 5.2 MW of solar and 2.61 MWh of storage at an industrial site in Sicily, marking its first application of the "PV+Storage+X" model in Italy.
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Independent power producer GreenGo strengthens its portfolio to 193 MW under public schemes, after winning a new 48 MW solar project through the FER X NZIA programme.
The Norwegian government has allocated two areas of the Utsira Nord project to the Equinor–Vårgrønn and EDF–Deep Wind Offshore consortia, launching a preparatory phase before a competitive state aid auction.

OPEC+ forecasts tight balance between oil supply and demand in 2026

OPEC expects crude demand from its members to reach 43 million barrels per day in 2026, nearly matching current OPEC+ output, contrasting with oversupply forecasts from other institutions.
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Italy awarded over 1.1 gigawatts to 88 solar projects using no Chinese equipment, in a European first, at an average tariff of €66.38/MWh, 17% above previous auctions.
Singapore’s Sembcorp Industries has entered the Australian energy market with the acquisition of Alinta Energy in a deal valued at AU$6.5bn ($4.3bn), including debt.

Sinexcel installs its first 2MW energy storage system in the Japanese market

Sinexcel has installed a 2MW/8MWh energy storage system in Matsusaka, marking a breakthrough in a regulated market after five years of technical partnerships and gradual deployment in Japan.
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Potentia Energy has secured $553mn in financing to optimise its operational renewable assets and support the delivery of six new projects totalling over 600 MW of capacity across Australia.
Inlyte Energy has successfully completed factory validation testing of its first full-scale iron-sodium battery, witnessed by Southern Company, paving the way for a pilot installation in the United States in early 2026.

Aging coal plants: renewable mix now cheaper option for Kentucky

A new independent study shows that maintaining aging coal plants increases electricity bills in Kentucky, while a renewable-based energy portfolio could generate up to $2.6bn in savings by 2050.
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Molten salt reactor developer Natura Resources has acquired Shepherd Power and partnered with NOV to scale up modular reactor manufacturing by the next decade.
The Australian government has launched the opening of five offshore gas exploration blocks in the Otway Basin, highlighting a clear priority for southeast supply security amid risks of shortages by 2028, despite an ambitious official climate policy.

China confirms 2026 for Linglong One, the world’s first land-based SMR

China National Nuclear Corporation expects commercial operation in 2026 for its ACP100 reactor, following successful cold testing and completion of critical structures in 2025.
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BlackRock sold 7.1% of Spanish company Naturgy for €1.7bn ($1.99bn) through an accelerated bookbuild managed by JPMorgan, reducing its stake to 11.42%.
The United States seized a vessel suspected of transporting sanctioned oil from Iran and Venezuela, prompting a strong reaction from Nicolás Maduro's government.

Drax to invest up to £2bn to transform coal power station into data centre

Drax plans to convert its 1,000-acre site in Yorkshire into a data centre by 2027, repurposing former coal infrastructure and existing grid connections.
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The International Energy Agency lowers its global oil supply forecast for 2026 while slightly raising demand growth expectations amid improved macroeconomic conditions.
Queensland, Australia's leading coal-producing state, has scrapped its 2035 renewable energy targets, citing competitiveness and energy cost stability as key priorities.
Reactor Doel 2 was taken offline, becoming the fifth Belgian reactor to cease operations under the country’s gradual nuclear phase-out policy.
Rolls-Royce SMR has expanded its partnership with ÚJV Řež to accelerate the deployment of small modular reactors, targeting the construction of several units in the Czech Republic and abroad.

India prepares to open its nuclear sector to private players

The Indian government aims to amend legislation to allow private companies to participate in civil nuclear development, a move positioned as critical to achieving the country’s long-term energy targets.
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The VVER-1200 nuclear reactor at Xudabao 4 in China has completed installation of its final passive water tank, marking the end of modular construction for the second phase of the project.
Ottawa and Edmonton commit to a nuclear production roadmap by 2050, through a memorandum of understanding also covering carbon capture and an Indigenous-led pipeline project.

Niger challenges Orano by launching its uranium production on the international market

Niamey asserts control over its uranium resources by authorising open market sales of Somaïr’s production, formerly operated by France’s Orano, amid ongoing legal disputes.
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Equinix has signed a strategic agreement with French start-up Stellaria to reserve 500 MWe of advanced nuclear capacity to power its future European AI data centres starting in 2035.
Bishkek plans to host a RITM-200N small modular reactor supplied by Rosatom to address electricity shortages and deepen energy ties with Moscow, despite the risks posed by Western sanctions.

TEPCO could restart Kashiwazaki-Kariwa nuclear plant as early as January

The Niigata prefectural assembly will vote on the restart of Unit 6, potentially marking TEPCO’s first reactor relaunch since the 2011 Fukushima disaster.
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The Norwegian government has initiated a consultation with neighbouring countries on its modular nuclear power plant project in Aure and Heim, in accordance with the Espoo Convention.
Türkiye and South Korea have signed a memorandum of understanding to jointly explore nuclear power plant projects, marking a strategic step in the long-term development of Türkiye's energy infrastructure.

Asian Development Bank opens nuclear energy financing to developing countries

Asian Development Bank has amended its energy policy to enable funding for civil nuclear projects in developing member countries across the Asia-Pacific region.
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First Hydrogen begins research with the University of Alberta to identify molten-salt mixtures simulating nuclear fuels for SMR prototypes.
Framatome has completed the manufacturing of the first nuclear fuel assemblies for the Barakah power plant, marking a key milestone in the supply agreement signed with Emirates Nuclear Energy Company in July.

UK launches radical overhaul of nuclear regulation system

A government-commissioned report proposes 47 measures to simplify nuclear regulation, reduce decommissioning costs and accelerate delivery of civilian and military projects.
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The Hualong One reactor at Zhangzhou nuclear power plant has been connected to the grid, marking a major milestone in the expansion of China’s civilian nuclear programme.
Russian state nuclear group Rosatom has validated the additive manufacturing of parts for its small modular reactors, marking an industrial first for RITM-200 SMR plant equipment.

Maritime Fusion raises $4.5mn to bring fusion energy to commercial ships

California-based Maritime Fusion, backed by Y Combinator and Trucks VC, is betting on a decentralised approach to fusion to target maritime and off-grid applications.
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Bayridge Resources secures a majority stake in an advanced uranium project in Canada, strengthening its strategic presence in a geologically promising region.
A significant volume of concrete from the dismantling of the Sizewell A nuclear power plant is being transferred to support the foundations of the Sizewell C project, under a partnership between UK nuclear sector stakeholders.