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Global investments of $1.2 trillion needed for energy storage by 2034
A Wood Mackenzie report estimates required battery investments at $1.2 trillion to integrate an additional 5,900 GW of renewable energy, highlighting battery storage systems' key role in stabilising electrical grids.
Geothermal investment jumps 85% driven by new technologies
North America registers record funding of $1.7 billion in the first quarter of 2025, driven by emerging innovative techniques exploiting previously inaccessible geothermal resources, according to recent analysis by Wood Mackenzie.

Energy Fuels extracts 638,700 pounds of uranium at Pinyon Plain mine

Energy Fuels Inc. announced record production of 638,700 pounds of uranium during the second quarter of 2025 at its Pinyon Plain mine in Arizona, significantly surpassing initial site performance forecasts.
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Golar LNG raises $575mn through bond issuance and repurchases shares
Golar LNG Limited has completed a private placement of $575mn in convertible bonds due in 2030, using part of the proceeds to repurchase and cancel 2.5 million of its own common shares, thus reducing its share capital.
HyperStrong and Repono launch 1.4 GWh of energy storage in Europe by 2027
Chinese company HyperStrong and Swedish firm Repono AB announce a strategic agreement to jointly implement large-scale energy storage projects totalling 1.4 GWh in Europe by the end of 2027.

Globeleq closes $300 million financing for landmark project

Globeleq and African Rainbow Energy finalise financing for Africa's largest standalone battery energy storage project, raising ZAR 5.4 billion ($300 million) from Absa and Standard Bank in South Africa.
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TotalEnergies signs with Daehwa Pharmaceutical to install solar system in Korea
TotalEnergies will develop a 1.8 MW photovoltaic installation for Daehwa Pharmaceutical, covering approximately 20% of the annual energy requirements of the production site located in Hoengseong-gun, South Korea, under a 20-year agreement.
Shell ships first LNG cargo from its LNG Canada facility
Shell Canada Energy announces shipment of the first liquefied natural gas cargo from its LNG Canada complex, located in Kitimat, British Columbia, primarily targeting fast-growing Asian economic and energy markets.

CBAK Energy invests $357 million in Malaysia with Anker Innovations

CBAK Energy and Anker Innovations jointly launch a battery cell manufacturing facility in Malaysia, with a commercial potential estimated at $357 million, further strengthening their strategic partnership in the lithium-ion battery sector.
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Matrix Renewables signs 22 MW energy storage contract in California
Matrix Renewables and Pioneer Community Energy have signed an energy capacity contract for a 22 MW battery storage project in Kern County, operational from early 2026.
Ramaco opens first US rare earth mine in 70 years
Ramaco Resources officially opens in the United States the first mine dedicated to rare earths in seven decades, also inaugurating Wyoming's first new coal mining operation in over half a century during a ceremony attended by senior political officials.

Teréga and GRDF inaugurate Occitanie’s first biomethane reverse-flow station

Infrastructure manager Teréga and GRDF inaugurated in Auch, Occitanie, the region’s first biomethane reverse-flow station, designed to facilitate biomethane transfer from the distribution to the transport network, representing an investment of €3mn ($3.27mn).
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Badenova invests $4.64 billion to transform its energy infrastructure by 2050
German energy group Badenova plans to invest $4.64 billion in its energy networks and capacity by 2050, including $232 million committed from 2025, according to the company's recently published annual financial results.
373 MW Cleve Hill Solar Park begins commercial operations in the United Kingdom
Quinbrook Infrastructure Partners announces full operational launch of Cleve Hill Solar Park, now becoming the largest active photovoltaic power plant in the United Kingdom with a total installed capacity reaching 373 MW.

Germany allocates €450mn to modernise Lower Saxony’s electricity grid

The European Investment Bank grants EWE AG historic €450mn financing for the installation of 2,600 km of underground power lines and the upgrade of over 1,100 substations in Lower Saxony.
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Ignitis begins construction of three energy storage parks in Lithuania
The Ignitis Group is starting the construction of three battery energy storage systems in Lithuania, with a combined capacity of 291 MW and a total investment of €130mn.
Natural hydrogen: France on the verge of redefining its national and European energy strategy
The official confirmation in June 2025 by the French government regarding the detection of significant natural hydrogen reserves in Lorraine, the Pyrenees, and Aquitaine could represent a major strategic turning point for national and European energy sovereignty. However, the technical, economic, and environmental challenges associated with its exploitation might slow its large-scale implementation.

The climate crisis intensifies economic risks linked to extreme weather events

Prolonged heatwaves and environmental disasters are intensifying, leading to significant financial impacts in the energy, agriculture, and real estate sectors, according to the latest UN and IEA reports.
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Development banks: $19.6bn invested in water-related projects in 2024
Ten multilateral development banks have approved global financing of $19.6bn for water-related projects in 2024, mainly aimed at low- and middle-income countries, according to a recent joint report.
BISOL adopts G12R solar cells to strengthen its European production
European photovoltaic module manufacturer BISOL is integrating G12R solar cells into its product range, replacing the former M10 cells, to improve product performance and technological competitiveness starting from the second quarter of 2025.
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North American biomethane market to reach 604 mmcfd in 2025
France: Toul inaugurates 8.5 MW biomass heating plant with ENGIE Solutions
Sasol and Akuo sign major solar energy supply agreement
Sierra Leone launches extensive offshore oil exploration with 60 potential blocks
World Bank resumes nuclear financing after decades of absence
Iran Nuclear: An acknowledged capability long kept quiet
Confidential reports from the IAEA and multiple intelligence agencies confirm Iran's uranium enrichment to weapons-grade levels, contradicting Tehran's official statements. EnergyNews.pro retraces the evolution of Iran's nuclear program since 2015, three years before the Trump administration's withdrawal from the nuclear agreement.
Uranium price surges 9% following major fund raise
Uranium spot price hits its highest level of 2025 following a significant fundraising announcement by a specialized Canadian investment fund, prompting vigorous trading and strong reactions in the international market.

Slovakia close to deal with Westinghouse for nuclear reactor construction

Slovak Prime Minister Robert Fico announced being close to an intergovernmental agreement with Washington for Westinghouse to build a 1,250-megawatt nuclear reactor at the Jaslovske Bohunice site.
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Micro-cracks at Civaux: EDF ensures limited impact on nuclear production
EDF confirms two micro-cracks on reactor number 2 at Civaux, caused by corrosion and thermal fatigue, resulting in a minor delay in restart without threat to overall production.
Indonesia and Russia strengthen strategic partnership on civil nuclear energy
Indonesian President Prabowo Subianto will meet Vladimir Putin in Saint Petersburg this week to discuss civil nuclear cooperation, defence, and security, marking a significant milestone in their bilateral economic and strategic relations.

Nuclear safety at Zaporizhzhya compromised by prolonged conflict in Ukraine

Ukraine's Zaporizhzhya Nuclear Power Plant remains immobilised by armed conflict, dependent on a single fragile power line and groundwater wells to cool its reactors, according to the International Atomic Energy Agency (IAEA).
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Russia Proposes Converting Iranian Nuclear Excess into Energy Fuel
Russia declares itself ready to retrieve and transform Iran’s excess nuclear materials into fuel, a proposal aimed at easing tense nuclear negotiations between Iran and the United States.
Rosatom claims USD 2.9 billion from Finland’s Fortum and Outokumpu
The Moscow Arbitration Court postpones by nine months the trial initiated by Rosatom against Fortum and Outokumpu, seeking nearly three billion dollars following the controversial cancellation of a nuclear project in Finland.

Newcleo enters UK nuclear assessment with lead-cooled modular reactor

The UK regulator has accepted to examine Newcleo’s advanced LFR-AS-200 reactor, marking a first for a modular lead-cooled technology in the country.
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Framatome acquires 40% of Selectarc to secure strategic metal supply
Framatome strengthens its control over the nuclear supply chain by acquiring a 40% stake in Selectarc, France’s sole producer of welding filler metals.
Rolls-Royce SMR selected to develop UK’s first modular nuclear reactors
The UK government has selected Rolls-Royce SMR to lead the deployment of small modular reactors, aiming to secure 24 GW of nuclear capacity by 2050.

Orano launches Project IKE with Oak Ridge office to enrich uranium in the United States

Orano USA has opened a new office in Oak Ridge, Tennessee, to lead the development of a uranium enrichment facility, marking one of the largest industrial investments in the state’s history.
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AtkinsRéalis and EDF strengthen cooperation to accelerate global nuclear projects
AtkinsRéalis and EDF signed a strategic agreement to integrate their expertise in nuclear engineering, equipment and waste management, while preserving each country’s technological sovereignty.
UK Unlocks £14 Billion for Sizewell C Nuclear Power Station
The British government officially commits £14.2 billion to develop two EPR nuclear reactors in eastern England, in strategic partnership with the French group EDF, with a final investment decision expected shortly.

Iran accused of illegally obtaining IAEA internal documents

The International Atomic Energy Agency confirmed that confidential documents were acquired by Iran, raising concerns about the country’s cooperation with the agency.
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Japan allows nuclear power plants to operate beyond 60 years
A new law extends the operational lifespan of nuclear reactors in Japan, enabling them to run past 60 years to meet rising energy demand and reduce reliance on fossil fuels.
Westinghouse Launches Ambitious $75 Billion Plan for 10 Nuclear Reactors
Westinghouse plans to invest $75 billion in ten nuclear reactors in the United States, responding to a presidential order aimed at significantly accelerating the expansion of nuclear energy in the country by 2030.
Westinghouse Saskatchewan reactor technology

Washington suspends shipments of nuclear equipment to China

The United States blocks export licenses for nuclear equipment to China, amplifying bilateral trade tensions already marked by strategic technology restrictions and possible retaliatory measures.
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Moscow seeks IAEA assistance to resolve nuclear dispute with Washington
Russia requests IAEA intervention to resolve the deadlock involving American nuclear fuel at the Zaporizhzhia nuclear plant, a critical issue for the potential restart of the site currently under Russian control.
NANO Nuclear strengthens its board with former U.S. Department of Energy official
NANO Nuclear Energy has appointed Intel executive and former U.S. Department of Energy leader Seth Berl as an independent director to support its strategy in advanced nuclear technologies.

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