Multiply Group

Germany will allow a minimum 1.4% increase in grid operator revenues from 2029, while tightening efficiency requirements in a compromise designed to unlock investment without significantly increasing consumer tariffs.
Berlin maintains crop-based biofuels, bans palm oil from 2027, and ends double counting, securing GHG compliance and agricultural demand through 2030.

Scatec commissions second 60 MW solar phase in Botswana

Scatec has begun commercial operation of the second phase of its 120 MW solar project in Mmadinare, marking a strategic step in Botswana’s energy sector.
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TotalEnergies acquires a 40% operated interest in the offshore PEL83 license, marking a strategic move in Namibia with the Mopane oil field, while Galp secures stakes in two other promising blocks.
GEODIS and EDF have signed a strategic partnership to cut emissions from logistics and energy flows, with projects planned in France and abroad.

BOURBON secures 5-year contract with ExxonMobil for Guyana operations

BOURBON will provide maritime services to ExxonMobil Guyana for five years starting in 2026, marking a key step in the logistical development of the Guyanese offshore basin.
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ENGIE has awarded NHOA Energy the contract for a 320 MWh battery energy storage system in Drogenbos, marking a new step in their industrial partnership in Belgium.
Viridien has launched a 4,300 sq km seismic reimaging programme over Angola’s offshore block 22 to support the country’s upcoming licensing round in the Kwanza Basin.

Finnish SEATOM joins NATO’s 2026 defence tech acceleration programme

Start-up SEATOM has been selected to join NATO's DIANA programme with its micro nuclear reactor designed for extreme environments, reinforcing its position in dual-use marine and military energy technologies.
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Origis Energy finalised a $290mn financing with Natixis CIB and Santander for the Swift Air Solar II and III projects, totalling 313 MWdc of installed capacity in Ector County, Texas.
Peregrine Hydrogen and Tasmania Energy Metals have signed a letter of intent to install an innovative electrolysis technology at the future nickel processing site in Bell Bay, Tasmania.

Stardust Power secures technical green light for its lithium refinery in Oklahoma

Stardust Power has completed an independent review of its lithium refinery project in Muskogee, confirming technical feasibility and compliance with industry standards for its initial production phase.
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California-based battery manufacturer South 8 Technologies has secured $11mn to boost production of its LiGas cells, targeting military and space applications under extreme conditions.
Énergir creates a dedicated entity for geothermal systems in the residential sector, using an integrated model to expand this energy offering in the Québec market.

Shell secures Kremlin approval to exit Rosneft partnership in CPC

Shell restructures its stake in the Caspian pipeline by exiting the joint venture with Rosneft, with Kremlin approval, to comply with sanctions while maintaining access to Kazakh crude.
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Elemental Clean Fuels will develop a 10-megawatt green hydrogen production facility in Kamloops, in partnership with Sc.wén̓wen Economic Development and Kruger Kamloops Pulp L.P., to replace part of the natural gas used at the industrial site.
Driven by green hydrogen demand and state-backed industrial plans, the global electrolyser market could reach $42.4bn by 2034, according to the latest forecast by Future Market Insights.

RWE commissions its repowered Muel wind farm in Spain

German group RWE has replaced 27 old turbines with three new high-performance units at its Muel wind farm, doubling energy output and earning ZeroWaste certification.
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ACWA Power and Bapco Energies signed a joint development agreement for a solar power plant integrated with storage technology in eastern Saudi Arabia, to supply electricity to Bahrain.
The Estonian Ministry of Economic Affairs has opened a tender to select a site and conduct initial environmental studies for a 600 MW nuclear power plant, marking a decisive step for the country’s energy future.
Mori Building has completed three solar-plus-storage plants in Japan to supply its real estate assets through an intra-group partnership structured by TEPCO Energy Partner.
Japanese grid operator OCCTO allocated 75.4MWAC in its third solar auction for FY2025, with an average feed-in-premium price of 7.13 yen per kWh, marking a session that fell short of initial subscription targets.

Octillion completes solar rollout at battery plant in Pune

Octillion has fully converted its electric vehicle battery production facility in Pune to solar power, initiating the rollout of an energy strategy aimed at achieving energy autonomy for all its India-based operations by 2027.
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Westbridge Renewable Energy has secured final regulatory approval in Alberta for its Dolcy Solar project, marking the last step before construction can begin.
Chinese firm Sunman will build Australia’s largest solar module plant in the Hunter Valley, backed by AUD171 mn ($111.92 mn) in public funding.

Botswana signs partnership with Oman including 500 MW solar power plant

Botswana has concluded a series of energy agreements with Omani public investors, including the development of a 500 MW solar power plant and projects in fuel storage and petroleum trading.
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With 16.8 MWp of capacity, the Triticum plant in Bavaria marks a strategic investment for MaxSolar, strengthening the agrivoltaic model in the German energy landscape.
Greencells has signed a partnership with Belgian company 3E to transfer over 3 GW of solar and storage capacity to SynaptiQ, a central monitoring and analytics platform.

Grenergy sells seven photovoltaic plants to Ecopetrol in Colombia

Spanish group Grenergy has signed an agreement to sell seven solar projects with a total capacity of 88 MW to Ecopetrol, as part of its asset rotation strategy.
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Zenith Energy has launched a tender for the construction of three solar plants totalling 7 MWp in Italy, with expected bank financing covering up to 90% of costs.
JA Solar unveils a pioneering white paper on photovoltaic systems in arid regions, with a module designed to withstand extreme desert conditions and improve long-term energy yield.

Shikoku Electric Power expands solar acquisitions and targets water surfaces

Shikoku Electric Power lowers its acquisition threshold for solar projects to 500kWAC and calls for proposals to develop floating plants on reservoirs of at least 15,000m².
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Canadian Solar has started delivering non-fossil certificates from a new 20 MWAC solar plant in Okayama under a 25-year virtual power purchase agreement with a Japanese company.
Ecopetrol has reached a conditional agreement to acquire seven companies holding photovoltaic projects across four Colombian departments, for a total potential of 88.2 MWp.

EBRD grants €192 mn to finance 531 MW of solar in Romania

Three photovoltaic plants will receive financing structured by the European Bank for Reconstruction and Development to strengthen Romania's electricity capacity and attract private capital to the sector.
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Loiret Energie and Terres d’Energie Développement will invest €15mn in a 31.5-hectare agrivoltaic farm in La Ferté Saint-Aubin, combining electricity production and organic cattle farming.
Canadian Solar Infrastructure Fund makes its first acquisition outside the FIT scheme with a 1.1 MW solar plant in Tsukuba, valued at ¥253.5mn ($1.7mn), under a corporate PPA agreement.

Sunsure Energy signs long-term solar agreement with Bisleri in India

The agreement will enable Bisleri to meet 48% of the electricity needs at its Sahibabad site through solar power supplied by Sunsure, cutting annual CO₂ emissions by nearly 2,700 tons.
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Vikram Solar has commissioned a new 5 GW automated plant in Vallam, Tamil Nadu, raising its total capacity to 9.5 GW and marking a key milestone in its industrial expansion strategy in India.
Norwegian group Scatec is developing a 1.1 GW solar plant with 200 MWh of storage for Egypt Aluminium, under a 25-year contract backed by the EIB, AfDB and EBRD.