Rystad Energy

Indian wind turbine manufacturer Suzlon has secured an 838 MW contract from Tata Power Renewable Energy for a wind project spanning three states, marking its largest order of the 2025–2026 fiscal year.
ACWA Power secures the NOOR Midelt 2 and 3 solar-storage project in Morocco, outbidding European and Emirati competitors, with decisive backing from Gotion High-Tech’s storage technology.

Syrian tanker docks in Trieste, first crude delivery in 14 years

A Syrian vessel carrying 640,000 barrels of crude has docked in Italy, marking the country’s first oil shipment since the civil war began in 2011, amid partial easing of US sanctions.
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QatarEnergy has signed a contract with Samsung C&T to build a solar power plant in Dukhan, set to reach 2,000 MW capacity by 2029, doubling the country’s solar output.
Gotion High-Tech will build a 100 GWh battery gigafactory in Kénitra, while Morocco’s power mix remains largely fossil-fuel based.

Fifth sanctioned Russian LNG carrier docks at Beihai terminal in China

The Iris carrier, part of the Arctic LNG 2 project, docked at China’s Beihai terminal despite US and EU sanctions, signalling intensifying gas flows between Russia and China.
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Facing energy security challenges, several Southeast Asian countries are turning to nuclear and could invest up to $208bn to reach 25 GW of capacity, favouring small modular reactors.
Turbo Energy has secured a 366MWh contract to equip ten industrial sites in Spain with energy storage systems and a smart management platform, valued at approximately $53mn.

Billion Watts launches 2026 solar-storage project in Australia with six more planned

Billion Watts begins construction on its first solar-plus-storage project in Australia, scheduled for 2026, relying on an international consortium and a strategy focused on the volatility of the national electricity market.
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Sixteen battery storage projects have been selected to deliver 4.13 GW under the third Capacity Investment Scheme tender, with commissioning expected by the end of 2029.
Longroad Energy has closed financing and started construction of the 1000 Mile Solar project in Texas, with a capacity of 400 MWdc, supported by Meta and an international banking consortium.

Blackstone acquires Hill Top Energy Center for nearly $1bn in Pennsylvania

Blackstone Energy Transition Partners announces the acquisition of a 620-megawatt gas-fired power plant for nearly $1bn, reinforcing its energy investment strategy at the core of America’s digital infrastructure.
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Sunrun completed its fifth securitization deal of 2025, bringing non-recourse debt raised in the third quarter to over $1.5bn.
Canadian crude shipments from the Pacific Coast reached 13.7 million barrels in August, driven by a notable increase in deliveries to China and a drop in flows to the US Gulf Coast.

Oil and gas to remain dominant in global energy mix through 2050

Faced with rising global electricity demand, energy sector leaders are backing an "all-of-the-above" strategy, with oil and gas still expected to supply 50% of global needs by 2050.
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Argentina aims to boost gas sales to Brazil by 2030, but high transit fees imposed by Bolivia require significant public investment to secure alternative routes.
With 816 MW of capacity and 140 turbines, Colbún’s Horizonte wind farm launched its commercial phase in early September after a gradual deployment over several months.

Colbún buys back 53% of its 2027 notes for $266mn

Chilean power producer Colbún has completed its cash tender offer for 3.950% notes due 2027, repurchasing more than half of the outstanding amount for a total of $266mn.
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A strategic partnership between the United Kingdom and the United States aims to shorten nuclear licensing timelines and strengthen industrial cooperation around fusion and modular reactors.
VSB Germany is developing over 800 megawatts of wind, solar, and storage projects, with 20% originating from repowering, confirming an investment strategy focused on optimising existing assets.
Copenhagen Infrastructure Partners has acquired from EDF power solutions North America the Beehive project, a 1 gigawatt-hour battery storage facility located in Arizona.
Developer Acen Australia has submitted a battery storage project to the federal government, targeting 440MW/1,760MWh in a region near solar and mining infrastructure in Queensland.

Google partners with Energy Dome for major energy storage project in Oman

Google invests in Italy’s Energy Dome to deploy in Oman a long-duration CO₂-based storage solution, in partnership with Takhzeen Oman and the sovereign wealth fund Oman Investment Authority.
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Zeo Energy has completed the acquisition of Heliogen, creating a new division dedicated to long-duration energy generation and storage for commercial and industrial markets.
Entech will deliver a 20 MWh battery storage system in Loire-Atlantique under an agreement that includes a twenty-year maintenance contract.

PGE deploys 475 MW of batteries to secure Portland’s electricity demand

Portland General Electric inaugurates three new battery energy storage sites, strengthening available capacity in the Portland metropolitan area by 475 MW and supporting growing demand while stabilising costs.
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Tesla retains the top position in the global battery storage market, but Sungrow moves within one point, revealing intensifying rivalries and a rapid reshaping of regional dynamics in 2024.
Lyten announces an agreement to acquire most of Northvolt's assets in Sweden and Germany, bringing new industrial prospects to the energy storage sector in Europe.

Energy Vault launches Asset Vault with $300 mn investment to accelerate 1.5 GW energy storage

Energy Vault secures an exclusive $300 mn commitment to support the creation of Asset Vault, a subsidiary dedicated to building and operating 1.5 GW of energy storage projects across several continents.
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Energy Vault confirms the acquisition of the Stoney Creek storage project, marking its first major operation in the Australian market, following approval from local authorities on foreign investments.
GoldenPeaks Capital strengthens its position on the Polish energy storage market with the acquisition of two battery systems, totalling 54 MW, secured by seventeen-year capacity contracts.

Adapture Renewables launches its first storage projects with 74 MWh in Texas

Adapture Renewables announces the commissioning of two battery energy storage systems in Texas, totalling 74 MWh in capacity, with technological support from Ascend Analytics for operational optimisation.
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SolarMax Technology has signed a key contract to deliver a 430 MWh battery energy storage system in Texas, strengthening its presence in the large-scale US energy solutions market.
Shanghai Sermatec Energy Technology Co., Ltd. announces an agreement to supply more than 430 MWh of energy storage in Bulgaria, marking a new step in the expansion of Chinese solutions in the European market.

Pulse Clean Energy secures GBP220mn to accelerate battery storage in the United Kingdom

Pulse Clean Energy raises GBP220mn ($292.3mn) from six international banks to fund six new battery sites, supporting the UK strategy to expand energy storage and transition to a more resilient network.
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According to Ember, the profitability of battery storage on Indian wholesale markets is rising sharply, driven by the rapid decline in costs and high volatility in electricity prices.
Pacific Green has signed a commitment agreement with ZEN Energy for the management of 1.5GWh of battery storage across three major sites in Australia, strengthening its portfolio and accelerating the market launch of its projects.

Sunrun delivers 360 megawatts to the California grid during an unprecedented flexibility test

More than 100,000 residential batteries coordinated by Sunrun delivered 360 megawatts to the California electricity grid, setting a new record for distributed power during an exercise supervised by local authorities.
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Princeton NuEnergy receives a SuperBoost grant to industrialise its direct lithium-ion battery recycling process, strengthening the resilience of the U.S. supply chain and national security objectives.
EnBW plans to install in Philippsburg one of Germany’s most powerful battery storage systems, with a capacity of 800 MWh, supporting the transition of the former nuclear site into a key player in grid flexibility.