SVB Financial Group

South Sudanese authorities have been granted responsibility for securing the strategic Heglig oilfield following an agreement with both warring parties in Sudan.
Neoen begins construction of a new 305 MW stage in Australia, raising its total battery storage capacity in the country to 2 GW, and signs two additional virtual battery contracts with ENGIE.

Newheat partners with Sunmark Chile to supply renewable heat to Chilean mines

French firm Newheat forms a joint venture with Sunmark Chile to develop large-scale solar thermal heat projects for the mining sector, targeting decarbonisation of copper extraction processes in Chile.
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NGE and the Agence Régionale Énergie Climat Occitanie form a partnership to develop a heating and cooling network designed to support economic activity in the Magna Porta zone, with locally integrated production solutions.
The European Commission enforces a new governance of electricity grids through eight energy highways, putting pressure on France as Spain and Portugal push to triple interconnection capacity by 2040.

Germany to raise allowed electricity grid revenues from 2029

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.
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Berlin maintains crop-based biofuels, bans palm oil from 2027, and ends double counting, securing GHG compliance and agricultural demand through 2030.
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.

TotalEnergies takes control of PEL83 license in Namibia with Mopane discovery

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.
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GEODIS and EDF have signed a strategic partnership to cut emissions from logistics and energy flows, with projects planned in France and abroad.
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.

ENGIE awards NHOA Energy a 320 MWh battery storage project in Belgium

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.
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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.
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.

Origis Energy secures $290mn financing for two solar projects in Texas

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.
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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 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.

South 8 Technologies raises $11mn to scale up LiGas battery production for defence

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.
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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 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.
The Indian government aims to amend legislation to allow private companies to participate in civil nuclear development, a move positioned as critical to achieving the country’s long-term energy targets.
The VVER-1200 nuclear reactor at Xudabao 4 in China has completed installation of its final passive water tank, marking the end of modular construction for the second phase of the project.

Canada and Alberta agree on joint nuclear strategy by 2027

Ottawa and Edmonton commit to a nuclear production roadmap by 2050, through a memorandum of understanding also covering carbon capture and an Indigenous-led pipeline project.
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Niamey asserts control over its uranium resources by authorising open market sales of Somaïr’s production, formerly operated by France’s Orano, amid ongoing legal disputes.
Equinix has signed a strategic agreement with French start-up Stellaria to reserve 500 MWe of advanced nuclear capacity to power its future European AI data centres starting in 2035.

Kyrgyzstan bets on a Russian small modular reactor to solve its energy crisis

Bishkek plans to host a RITM-200N small modular reactor supplied by Rosatom to address electricity shortages and deepen energy ties with Moscow, despite the risks posed by Western sanctions.
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The Niigata prefectural assembly will vote on the restart of Unit 6, potentially marking TEPCO’s first reactor relaunch since the 2011 Fukushima disaster.
The Norwegian government has initiated a consultation with neighbouring countries on its modular nuclear power plant project in Aure and Heim, in accordance with the Espoo Convention.

TÜNAŞ and KEPCO sign deal to accelerate nuclear development in Türkiye

Türkiye and South Korea have signed a memorandum of understanding to jointly explore nuclear power plant projects, marking a strategic step in the long-term development of Türkiye's energy infrastructure.
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Asian Development Bank has amended its energy policy to enable funding for civil nuclear projects in developing member countries across the Asia-Pacific region.
First Hydrogen begins research with the University of Alberta to identify molten-salt mixtures simulating nuclear fuels for SMR prototypes.

Framatome delivers first nuclear fuel assemblies for Barakah

Framatome has completed the manufacturing of the first nuclear fuel assemblies for the Barakah power plant, marking a key milestone in the supply agreement signed with Emirates Nuclear Energy Company in July.
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A government-commissioned report proposes 47 measures to simplify nuclear regulation, reduce decommissioning costs and accelerate delivery of civilian and military projects.
The Hualong One reactor at Zhangzhou nuclear power plant has been connected to the grid, marking a major milestone in the expansion of China’s civilian nuclear programme.

Rosatom receives approval to 3D-print SMR components

Russian state nuclear group Rosatom has validated the additive manufacturing of parts for its small modular reactors, marking an industrial first for RITM-200 SMR plant equipment.
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California-based Maritime Fusion, backed by Y Combinator and Trucks VC, is betting on a decentralised approach to fusion to target maritime and off-grid applications.
Bayridge Resources secures a majority stake in an advanced uranium project in Canada, strengthening its strategic presence in a geologically promising region.

Over 15,000 tonnes of recycled concrete from Sizewell A reinjected into Sizewell C

A significant volume of concrete from the dismantling of the Sizewell A nuclear power plant is being transferred to support the foundations of the Sizewell C project, under a partnership between UK nuclear sector stakeholders.
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Korean group KEPCO and UAE-based ENEC have signed two memorandums of understanding to expand their cooperation in civil nuclear energy, artificial intelligence, and digital technologies targeting new international markets.
The Janus programme will deploy micro nuclear power plants across nine military bases to reinforce energy autonomy for critical U.S. Army installations.