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ExxonMobil takes 60% stake in gas exploration permit in Greece’s Ionian Sea
ExxonMobil joins a Greek energy consortium to explore a gas field in the Ionian Sea, strengthening its presence in the Eastern Mediterranean after Chevron, amid post-Russian energy diversification efforts.
Orano recovers its representative in Niger amid growing nuclear tensions
French nuclear group Orano has confirmed the release of its representative in Niger, detained since May, as tensions remain high with the country’s junta over control of uranium assets.

French consortium invests €7.3mn in offshore superconductivity project

A pilot project backed by the state aims to modernise electricity transport between offshore wind farms and the mainland grid using superconducting cables cooled with liquid nitrogen.
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Vestas boosts quarterly profit and announces €150mn share buyback
The Danish wind turbine manufacturer doubled its net profit in the third quarter despite complex market conditions, supported by increased onshore deliveries and order growth.
EDF turns to digital solutions to support France’s nuclear revival
EDF launches a sovereign digital platform to secure data exchanges between nuclear stakeholders, aiming to accelerate the construction of future EPR2 reactors.

China could reach its CO2 emissions peak around 2028, experts say

An international group of researchers now forecasts a Chinese emissions peak by 2028, despite recent signs of decline, increasing uncertainty over the country’s energy transition pace.
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Electricity price surge in Syria deepens social and economic crisis
The end of subsidies and a dramatic rise in electricity prices in Syria are worsening poverty and fuelling public discontent, as the country begins reconstruction after more than a decade of war.
Engie maintains its 2025 targets despite pressure on energy prices
Engie maintains its 2025 earnings guidance despite falling energy prices and weaker hydro output, relying on its performance plan and a stronger expected fourth quarter.

Mitsubishi Gas Chemical secures 1mn tonnes of low-carbon methanol from Transition Industries

Transition Industries signed a long-term purchase agreement with Mitsubishi Gas Chemical for the annual supply of 1mn tonnes of ultra-low carbon methanol starting in 2029, from its Pacifico Mexinol project in Mexico.
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BridgePeak grants $144mn loan for 112.5MW solar farm in North Carolina
Developer Headwater Energy secured $144mn in financing arranged by BridgePeak Energy Capital to build a 112.5MW solar plant, expanding its portfolio in the southeastern United States.
Creekstone Energy raises funds for 10 GW AI energy campus in Utah
The funding round led by Trident Ridge and Pelion Ventures will allow Creekstone Energy to launch construction of its hybrid-generation site designed for AI-optimised data centres.

ONE Nuclear outlines its strategy ahead of expected 2026 public listing

ONE Nuclear Energy publishes a virtual presentation for investors detailing its industrial vision, ahead of its merger with Hennessy Capital Investment Corp. VII expected in the first half of 2026.
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Pembina and PETRONAS sign 20-year agreement for Cedar LNG liquefaction capacity
Pembina Pipeline Corporation and PETRONAS have signed a long-term agreement securing 1 million tonnes per year of liquefaction capacity at Canada's Cedar LNG terminal, reinforcing their positions in the global liquefied natural gas market.
Support for nuclear grows in the US as coal plants are repurposed
A majority of Americans now back nuclear energy, with strong approval for converting coal plants into nuclear sites and increasing public investment in sector technologies.

NG Energy reaches 40 MMcf/d gas output in Colombia through Aruchara-4 and Sinú-9 wells

NG Energy boosts its gas production in Colombia to 40 MMcf/d, with projected sales above $11.00 per MMBtu and expected profitability in Q4 2025.
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Thermal Energy secures CAD1.5mn in industrial heat recovery contracts
Thermal Energy International has won two new turnkey projects worth a total of CAD1.5mn ($1.09mn) from a global nutrition group, strengthening a collaboration initiated in 2019.
Plus Power secures $160mn for two battery storage projects in New England
Plus Power secured $160mn in tax equity investments from Morgan Stanley to fund two battery storage facilities in Massachusetts and Maine, the largest ever developed in New England.

Alfa Laval strengthens its partnership with EDF for six new EPR2 reactors

Alfa Laval extends its cooperation with EDF to supply heat exchangers for EPR2 projects across three nuclear sites, reinforcing its position in the French nuclear sector.
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Nel ASA secures over $50mn PEM order for two hydrogen projects in Norway
Norwegian group Nel ASA has received a firm order worth over $50mn to supply its PEM electrolysers for two green hydrogen production units in Florø and Eigersund.
Pylontech opens subsidiary in Australia to support energy storage investments
Chinese manufacturer Pylontech strengthens its international investment strategy by launching a local entity in Australia to accelerate the deployment of its energy storage solutions.
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ACWA Power signs $10bn in energy and financing deals at FII9
Washington invests $100mn to modernise coal plants as exports drop 11%
Eos Energy secures 228 MWh strategic order from Frontier Power
TEPCO secures first hydropower project under hybrid dam initiative
Shanghai Electric delivers giant components for CRAFT and ITER projects
TAE Technologies halves cost of fusion reactors with experimental breakthrough
US-based TAE Technologies claims it has reduced the size, complexity and cost of its fusion devices by validating a new plasma formation method in a next-generation machine.
Marvel Fusion secures additional €50 mn for its laser nuclear reactor programme
Marvel Fusion extends its Series B funding to €113 mn with backing from Siemens Energy, EQT Ventures and the European Innovation Council, aiming to build a laser fusion reactor prototype by 2032.

The UK STEP project promises regional economic impact of GBP489 mn per year

The West Burton site, selected for the prototype STEP fusion plant, is set to generate thousands of jobs and hundreds of millions of pounds annually, according to a study commissioned by Nottinghamshire County Council.
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Laser fusion power plant project at the Biblis site in Germany
A memorandum of understanding has been signed to develop a nuclear fusion power plant using laser technology in Biblis, Hesse, by 2035. The project brings together the regional government, industrial companies, and scientific institutions to structure a fusion energy sector.
UKAEA and Eni partner for a tritium fuel cycle facility in fusion energy
The United Kingdom Atomic Energy Authority (UKAEA) and Italian company Eni announce a partnership to build the world's largest tritium fuel cycle facility. This project, located in England, aims to optimise tritium management for future fusion power plants.

nT-Tao secures additional $5 million funding for compact nuclear fusion

Israeli nuclear fusion pioneer nT-Tao receives $5 million in funding from the Israel Innovation Authority to accelerate the development of its compact fusion demonstrator. This marks the fourth consecutive time the company has received such support.
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The IEA CERT workshop explores the state and prospects of fusion energy
Industry, academic, and government experts gathered at the IEA CERT thematic workshop to discuss public-private collaboration and funding priorities for the development of fusion energy.
First Light Fusion modifies its strategy and abandons nuclear power plant plans
The British company First Light Fusion announces a major strategic shift: it will now focus on commercial partnerships for its amplification technologies, abandoning its nuclear fusion power plant project.

Fusion Energy: A Record Plasma Duration Set in France

French researchers have achieved a new milestone in fusion experiments by recording a world record for plasma confinement duration, a crucial step toward harnessing fusion energy.
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Nuclear Fusion: First Plasma Generation in the SMART Tokamak
The SMART tokamak, a nuclear fusion experimental device, has generated its first plasma. This major breakthrough marks a turning point in the quest for a compact and efficient fusion reactor.
Record Investments in Fusion Energy: $7 Billion in 2024
Fusion energy reached $7 billion in investments in 2024, driven by businesses seeking efficient energy alternatives. Small Modular Reactors (SMR) have gained significant interest, particularly in industrial sectors.

The UK Invests in the LIBRTI Program to Revolutionize Fusion Energy

The UKAEA’s LIBRTI program, backed by a £200 million budget, prepares key advancements in tritium production, a crucial resource for fusion energy, leveraging international collaboration and advanced digital strategies.
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A site in Virginia chosen to host the first commercial fusion power plant
The American company Commonwealth Fusion Systems (CFS) has selected Chesterfield County, Virginia, to build a fusion power plant, a global first that could revolutionize clean and reliable energy by the 2030s.
Tokamak Energy raises $125 million to accelerate fusion energy and HTS technological innovations
Tokamak Energy announces a $125 million funding round, marking a key step toward the commercialization of fusion energy and the development of high-temperature superconducting technologies. A strategic global collaboration to address energy challenges.

Progress of fusion reactors in Spain and New Zealand

Advances in fusion reactor technologies are underway in Spain with the SMART tokamak at the University of Seville, while the New Zealand startup OpenStar Technologies has made a key breakthrough with its floating magnetic component.
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Tokamak Energy integrates a digital twin to optimize fusion
Tokamak Energy uses digital twin software to maximize the efficiency of fusion experiments, avoiding multiple physical tests and accelerating development.
Tokamak Energy intègre un jumeau numérique pour optimiser sa fusion.