Tata Power Solar

Terra-Gen has closed $383.3mn in financing for the construction of its Lockhart III and IV solar units, adding 205 MW to California’s grid with commercial operations expected in 2026.
US developer Ecoplexus has closed a $300mn financing deal with KKR and SMBC to support over 13GW of solar and storage projects under development across the country.

Citgo shifts under Elliott control for $5.9bn pending U.S. approval

A Delaware court approved the sale of PDV Holding shares to Elliott’s Amber Energy for $5.9bn, a deal still awaiting a U.S. Treasury licence through OFAC.
en_114033331228540
EDP will supply 30% of Carrefour Polska’s energy needs through a PPA combining solar and wind, marking a step forward in the development of renewable capacity in Poland.
Enefit Green has sold its only wind farm in Finland to Canadian fund TD Greystone Infrastructure Fund, refocusing operations on the Baltic states and Poland in a regional concentration strategy.

Nigeria releases $100mn to accelerate local integration in the oil sector

A new $100mn fund has been launched to support Nigerian oil and gas service companies, as part of a national target to reach 70% local content by 2027.
en_114033331226540
French public funding will support the construction of ten solar power plants with storage in Mauritania, as the country works to expand its grid to reach universal electricity access by 2030.
A coalition of Danish industry groups, unions and investors launches a platform in support of modular nuclear power, aiming to develop firm low-carbon capacity to sustain industrial competitiveness.

Sanctions against Rosneft and Lukoil redirect oil flows toward Asia

Western measures targeting Rosneft and Lukoil deeply reorganise oil trade, triggering a discreet yet massive shift of Russian export routes to Asia without causing global supply disruption.
en_114033331229540
The European Union has enshrined in law a complete ban on Russian gas by 2027, forcing utilities, operators, traders and states to restructure contracts, physical flows and supply strategies under strict regulatory pressure.
The partial exploitation of associated gas from the Badila field by Perenco supplies electricity to Moundou, highlighting the logistical and financial challenges of gas development in Chad.

Nigeria auctions 50 oil blocks in its 2025 licensing round

La Nigerian Upstream Petroleum Regulatory Commission ouvre la compétition pour 50 blocs d’exploration, répartis sur plusieurs zones stratégiques, afin de relancer les investissements dans l’amont pétrolier.
en_114033331233540
The Nigerian Upstream Petroleum Regulatory Commission opens bidding for 50 exploration blocks across strategic zones to revitalise upstream investment.
Brussels validates a new list of 235 PCI/PMI infrastructure projects, prioritising electricity, hydrogen and CO₂ corridors, while locking in access conditions to European funding through 2040.

Nakhchivan connects to European energy markets through new interconnection lines

Azerbaijan is developing Nakhchivan into a key electricity export hub with interconnection projects to Türkiye, boosting regional integration into the European energy market.
en_114022221227540
Bucharest authorises an exceptional takeover of Lukoil’s local assets to avoid a supply shock while complying with international sanctions. Three buyers are already in advanced talks.
Kazakhstan plans to allocate 3 GW of wind and solar projects by the end of 2026 through public tenders, with a first 1 GW tranche in 2025, amid efforts to modernise its power system.

Slatina-3 relaunched by Jordan Oxley after Cindrigo’s bankruptcy in Croatia

Investor Jordan A. Oxley has acquired the Slatina-3 geothermal asset for €400k after Cindrigo’s bankruptcy, betting on a technical and regulatory revival within Croatia’s complex permitting framework.
en_114022221230540
Serbia's only refinery, operated by NIS, has suspended production due to a shortage of crude oil, a direct consequence of US sanctions imposed on its majority Russian shareholder.
A new regulation requires gas companies to declare the origin, volume and duration of their contracts, as the EU prepares to end Russian imports.
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.
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.

US Army selects nine bases for future deployment of nuclear microreactors

The Janus programme will deploy micro nuclear power plants across nine military bases to reinforce energy autonomy for critical U.S. Army installations.
en_11402020201138540
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.
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.

Oklo signs contract with Siemens Energy for Aurora’s power conversion system

Oklo has signed a binding agreement with Siemens Energy to accelerate manufacturing of the energy conversion system for its first advanced nuclear power plant in the United States.
en_114020201134540
A security document handling incident at the nuclear power plant renews concerns about TEPCO as a key decision on restarting reactors 6 and 7 approaches in Niigata.
An initial civil nuclear cooperation agreement was signed between the United States and Saudi Arabia, prompting calls from the US Congress for strict safeguards to prevent a Middle East arms race.

CGN activates Zhaoyuan to bypass US restrictions and secure its Hualong One reactors

The launch of the Zhaoyuan nuclear project anchors the Hualong One model inland, illustrating Beijing’s strategy of regulatory normalisation in response to Western technological restrictions.
en_114019191132540
TRISO-X has started above-ground works on the first U.S. facility dedicated to manufacturing fuel for small modular reactors, marking a key industrial milestone in the deployment of the Xe-100.
The first Russian test rig for the experimental ITER reactor has been delivered to the site in France, marking a major milestone in the international collaboration on nuclear fusion.

Allseas’ nuclear concept could inject EUR130bn into Dutch economy by 2050

A strategic report reveals the industrial and energy potential of Allseas’ offshore small modular reactor, which could create up to 40,000 jobs and reduce investment in the power grid.
en_114019191133540
Niigata’s governor is expected to approve the restart of one reactor at the Kashiwazaki-Kariwa plant, inactive since the Fukushima accident, reviving a strategic asset for Japan’s energy sector.
Canadian firm Aecon and private developer Norsk Kjernekraft have signed a strategic agreement targeting the deployment of BWRX-300 small modular reactors across several potential locations in Norway.

South Africa restarts PBMR project with strategic transfer to Necsa

The South African government has officially lifted the PBMR reactor out of inactivity, launching a public investment programme and transferring the strategic nuclear asset from Eskom to Necsa.
en_114018181126540
The French Court of Auditors values EDF’s grand carénage at over €100bn, while EPR2 reactors already exceed €67–75bn. The State simultaneously directs regulation, financing, and industrial strategy, raising the risk of conflict of interest.
Belarus commits major public investment to add a third reactor at the Ostrovets plant and initiates studies for a second nuclear site to support national energy demand.

Framatome completes second test cycle on next-generation nuclear fuel

Framatome’s accident-tolerant fuel prototype has completed a second 24-month cycle in a commercial nuclear reactor in the United States, paving the way for a third phase of industrial testing.
en_1140131145540
The Wylfa site in Wales will host three Rolls-Royce small modular reactors from 2026, marking a strategic investment in the UK’s nuclear expansion.
EDF confirmed that the Flamanville EPR has reached a major milestone, while planning a nearly year-long shutdown in 2026 for extensive regulatory inspections and key component replacement.