Solar and wind generation exceeded the increase in global electricity demand in the first three quarters of 2025, leading to a stagnation in fossil fuel production according to the latest available data.
South African developer Sturdee Energy has secured funding to begin construction of the 91.2 MW Bela Bela solar plant in Limpopo Province, set to supply power to a major industrial site.
ReNew Energy Global will commit INR820bn ($9.33bn) to solar, hydro and green ammonia projects in Andhra Pradesh, strengthening its footprint in southern India’s energy infrastructure.
South Korean authorities have approved the continued operation of the Kori 2 reactor for an additional eight years, marking a key milestone in the national nuclear strategy.
Cenovus Energy has completed the acquisition of MEG Energy, adding 110,000 barrels per day of production and strengthening its position in Canadian oil sands.
The Malaysian government plans to introduce a carbon tax and strengthen regional partnerships to stabilise its industry amid emerging international regulations.
Caprock Midstream II invests in more than 90 miles of gas pipelines in Texas and strengthens its leadership with the arrival of Steve Jones, supporting its expansion in the dry gas sector.
The Canadian government commits $56 billion to a new wave of infrastructure projects aimed at expanding energy corridors, accelerating critical mineral extraction and reinforcing strategic capacity.
A public-private consortium is developing a 5 MW thermal microreactor designed to operate without refuelling for ten years, marking a strategic step in Brazil's nuclear innovation efforts.
Three New York public high schools are introducing a new energy storage module this year, through a partnership between NineDot Energy and Solar One aimed at preparing students for careers in distributed energy.
Harvest Midstream has completed the acquisition of the Kenai liquefied natural gas terminal, a strategic move to repurpose existing infrastructure and support energy reliability in Southcentral Alaska.
US-based mPower has opened a high-throughput factory for solar modules targeting space missions, with an initial capacity of 1 MW per year, set to double by mid-2026.
Turbo Energy launches a pilot project in Spain to tokenize hybrid solar installations financing, leveraging Stellar and Taurus blockchain technology to access a $145.18bn EaaS market by 2030.
Germany allocates a €7.6bn ($8.14bn) ceiling to acquire a minority interest in TenneT Germany, bolstering control over strategic grid infrastructure without a full buyout of the Dutch-owned subsidiary.
CWP Energy and KfW IPEX-Bank have finalised a £400mn ($494mn) financing agreement for the Sanquhar II onshore wind farm, marking a strategic milestone in UK energy investments.
The International Energy Agency’s “Current Policies Scenario” anticipates growing oil demand through 2050, undermining net-zero pathways and intensifying investment uncertainty globally.
Naturgy secures major financing from the European Investment Bank to modernise Panama’s power infrastructure, in a strategic project supporting grid reliability and regional integration.
Dana Gas signed a memorandum of understanding with the Syrian Petroleum Company to assess the revival of gas fields, leveraging a legal window opened by temporary sanction easings from European, British and US authorities.
Nordex Group will deliver seven turbines for two wind farms commissioned by SSE in Aragón, strengthening their partnership and reinforcing the industrial supply chain in Spain.
German manufacturer Nordex has signed three orders with DenkerWulf for 25 onshore wind turbines, with a total capacity of 122.7 MW to be installed between 2027 and 2028 in northern Germany.
EVE Energy will supply 2.2 GWh of storage systems to EVO Power over five years, supporting the large-scale deployment of front-of-meter solutions in the Australian market.
Gotion inaugurates its Gigafactory in Slovakia, marking a significant advancement in electric vehicle battery production in Europe. This site, scheduled for 2027, strengthens the continent’s green industrial chain.
Erex and Samsung C&T announce a partnership to develop grid-scale energy storage projects in Japan. The two companies plan a 50:50 joint venture to deploy large-scale storage installations.
Sinopec and LG Chem announce a strategic partnership to develop key materials for sodium-ion batteries. This collaboration aims to accelerate the commercialization of this technology in energy storage systems and low-speed electric vehicles.
HEINEKEN, EDP, and Rondo Energy are deploying a 100 MWh industrial heat battery in Lisbon, providing renewable steam 24/7 using on-site solar power and the grid.
NextStar Energy begins lithium-ion battery production for energy storage systems (ESS) in its Windsor plant this month, expanding its operations beyond electric vehicle batteries.
Baltic Storage Platform secures a record €85.6mn ($90.6mn) to develop two battery energy storage sites in Estonia, marking the first such financing in the Baltics based solely on storage revenue streams.
Eos Energy and Frontier Power strengthen their collaboration with a major first order under a 5 GWh framework agreement to deploy long-duration storage systems across multiple energy markets.
Asia-based Alternō opens a subsidiary in Japan to industrialise its sand thermal batteries, targeting the agricultural and manufacturing sectors with two new renewable heat storage systems.
Chinese manufacturer Fox ESS has entered into a partnership with Australian distributor Solar Juice to deploy up to 1GWh of battery capacity, targeting the fast-growing residential and commercial segments of the Australian market.
The Arkansas Oil and Gas Commission validated integration of the Reynolds Brine Unit after unitizing 20,854 acres and adopting a 2.5% lithium royalty. The project targets 22,500 tonnes per year of battery-grade lithium carbonate from 2028 via a 55:45 joint venture.
Star Charge Americas has signed a major service agreement with Beneficial Holdings to deploy over 32 GWh of battery energy storage systems in the United States and Puerto Rico, with a total value exceeding $3.2 billion.
Joint venture Baltic Storage Platform has secured €85.6mn ($90.7mn) to build two energy storage systems in Estonia, forming one of continental Europe’s largest battery complexes.
InSolare Energy has secured a 600 MW / 1,200 MWh battery energy storage contract from state-owned SECI, strengthening its position in India’s energy infrastructure market.
Canadian Solar’s subsidiary has completed the commercial operation of a battery storage project in Mannum, marking a key milestone in the large-scale energy deployment in southern Australia.
Daiei Sangyo partners with Truewin Technology and Formosa Japan to develop 100 energy storage sites totalling 800MWh and expand into power-linked data centre operations.
Japanese company AI.net has signed a supply deal with China’s CATL for 1GWh of lithium-ion batteries, marking its entry into large-scale energy storage with a target of 500MW by March 2028.
Canadian group Energy Plug Technologies continues its expansion in the US market with the delivery of a new energy storage system to an industrial client based in the southern region.
Despite the emergence of new storage technologies, lithium-ion batteries retain a dominant position thanks to industrial leadership, improved performance and a high geographic concentration of production capacity.
Envision Energy launches the Gen 8 platform, a modular storage range from 6 to 12 MWh, aiming to optimise energy density, logistical flexibility, and profitability for large-scale projects.
