Sichuan Yongxiang Energy Technology

BayWa r.e. has reached a strategic milestone with the concept certification of its BayFloat floating substructure, validated by DNV according to current floating offshore wind standards.
A full-scale testing programme will begin in January to assess a blade reinforcement technology developed by Bladena, as ageing offshore wind fleets raise durability challenges.

Subsea7 reports 27% increase in adjusted EBITDA in third quarter

Subsea7 posted higher operating profit and a record order backlog, supported by long-term contracts in the Subsea and Renewables segments.
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The Janus programme will deploy micro nuclear power plants across nine military bases to reinforce energy autonomy for critical U.S. Army installations.
The global battery energy storage systems market anticipates 28.8% annual growth through 2033, supported by industrial electrification, government incentives and grid modernisation efforts.

UK urged to choose between carbon capture and aviation fuels

A study from the Oxford Institute for Energy Studies finds that energy-from-waste with carbon capture delivers nearly twice the climate benefit of converting waste into aviation fuel.
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Sonatrach has concluded a new partnership with TotalEnergies, including a liquefied natural gas supply contract through 2025, amid a strategic shift in energy flows towards Europe.
The global geothermal market is set to double within a decade, driven by technological advances, stronger regulatory support and growing international funding.

Adnoc strengthens ties with China through new energy deals in Shanghai

Adnoc signed multiple agreements with Chinese groups during CIIE, expanding commercial exchange and industrial cooperation with Beijing in oil, gas and petrochemical materials.
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Africa's first wind project led by a Chinese company, the De Aar plant generates 770 million kWh annually and focuses on developing local talent.
Global floating solar capacity exceeded 1.8 GW in 2024, driven by utility-scale projects in China, India, Japan and Europe, with sustained growth expected through 2032.

Lightbridge launches irradiation testing of its fuel alloy in the United States

The Idaho National Laboratory has started irradiation testing on uranium-zirconium fuel samples from Lightbridge in its experimental reactor, marking a key step toward the industrial validation of advanced nuclear fuel.
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NexGen Energy has opened Canadian Nuclear Safety Commission hearings for the final approval of its Rook I uranium project, following more than six years of regulatory process.
Cenovus Energy completed a $2.6bn cross-border bond issuance and plans to repurchase over $1.7bn in maturing notes as part of active debt management.

McDermott extends contract for Golden Pass LNG Trains 2 and 3

McDermott has signed a contract amendment with Golden Pass LNG Terminal to complete Trains 2 and 3 of the liquefied natural gas export terminal in Texas, continuing its role as lead partner on the project.
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Group1 and Michigan Potash & Salt Company have signed an agreement to create a domestic potassium-based battery supply chain, relying on local mining and production free from critical metals.
Exxon Mobil will acquire a 40% stake in the Bahia pipeline and co-finance its expansion to transport up to 1 million barrels per day of natural gas liquids from the Permian Basin.

Cypress Creek secures financing for 505 MW solar project in Texas

Cypress Creek Renewables begins construction of the Hanson Solar project in Texas, backed by structured financing combining debt and equity, to support the ERCOT grid and supply Meta’s operations.
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Alaska is set to record its highest oil production increase in 40 years, driven by two key projects that extend the operational life of the TAPS pipeline and reinforce the United States' strategic presence in the Arctic.
TotalEnergies increases its stake to 90% in Nigeria’s offshore block OPL257 following an asset exchange deal with Conoil Producing Limited.
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.

Mizuho Lease launches acquisition of Japan Infrastructure Fund to strengthen solar assets

Mizuho Lease initiates a takeover bid for Japan Infrastructure Fund, targeting its delisting and a strengthened partnership with Marubeni in solar asset management.
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A joint research team in China has developed an innovative molecular strategy to enhance thermal stability and efficiency of perovskite solar cells, paving the way for large-scale production.
DMEGC Solar received TÜV SÜD certification for its Infinity G12RT-B66 photovoltaic module series, reaching a peak output of 655 W, with mass production scheduled for the first quarter of 2026.

TotalEnergies to supply 1.5 TWh of solar electricity to Google over 15 years in the United States

TotalEnergies has signed a 15-year renewable power agreement with Google to supply its data centres in Ohio through a solar plant connected to the PJM grid.
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Statkraft strengthens its presence in Brazil with three new solar and hybrid plants representing an investment of NOK2.3bn ($211mn), consolidating its strategy in a fast-growing energy market.
The delay rate for large-scale photovoltaic projects in the United States fell to 20% in Q3 2025, down from 25% a year earlier, despite record growth in installed capacity in 2024.

Sedgeley secures $60mn to expand decentralised solar in Southern Africa

Evolution III fund of Inspired Evolution invests alongside FMO and Swedfund to accelerate regional growth of Sedgeley Solar Group, active in solar installations for commercial and industrial sectors.
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British company Naked Energy is accelerating its international expansion with a new office in Madrid to deploy its solar thermal technology in the industrially promising Iberian market.
Tata Power is preparing a 10 GW ingot and wafer facility to consolidate its domestic solar chain, secure supplies, and capture PLI incentives ahead of 2026 local content mandates.

Stubbo Solar reaches full commercial operation with 520 MW installed in New South Wales

ACEN Australia’s Stubbo Solar project becomes the first solar asset to operate under an LTESA contract, strengthening its role in New South Wales’ energy transformation.
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The Japanese oyster producer is investing in both resale and construction of photovoltaic plants, evenly splitting resources to consolidate its GO Store subsidiary's position in the domestic solar market.
Fortescue launches a solar innovation hub in the Pilbara with AUD45mn ($28.9mn) in public funding to test technologies aimed at accelerating and optimising large-scale solar farm construction.

Philippines awards 10 GW of projects in fourth green energy auction

The Philippine Department of Energy validated over 10 GW of renewable projects, including floating solar and hybrid systems, in the fourth round of its national green auction programme.
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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.
JA Solar has signed an agreement with Larsen & Toubro to supply photovoltaic modules for the Samarkand 1 and 2 solar power plants, developed by ACWA Power with a total installed capacity of 1.2 GW.

HD Renewable Energy accelerates in Australia and Japan with 6.1GW of solar and battery projects

Taiwanese company HD Renewable Energy is expanding internationally with major solar and battery storage projects in Australia and Japan, targeting more than 6 gigawatts of installed capacity by 2028.
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Two photovoltaic plants with a combined capacity of 1,400 MW will be operational in 2027, strengthening EDF Group's international presence and Asian actors in Saudi Arabia's energy market.
Matrix Renewables and SOLV Energy have completed construction of the Stillhouse Solar plant, a 284 MW project in Bell County, representing over $370mn in private investment and 320 jobs created.