Tatweer Petroleum

With electricity demand accelerating, Asia-Pacific utilities must manage massive investment needs, volatile revenues and geopolitical tensions as the energy transition advances in a rapid but disorderly manner.
Tema refinery has resumed operations at reduced capacity following a prolonged shutdown and targeted maintenance work on critical infrastructure.

Sonatrach launches its 2026–2030 plan to support gas investments

In response to rising domestic demand, Sonatrach adopts a five-year plan focused on increasing production, securing infrastructure, and maintaining export commitments.
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PowerBank has completed a major regulatory step for its landfill-based solar installation, moving ahead with permitting for a 2.1 MW community project in upstate New York.
NU E Power Corp. closed a first financing tranche of $625,003 to support interconnection projects in Alberta and international feasibility studies, marking a new phase in the deployment of its energy infrastructure network.

Emmvee commissions 2.5 GW solar line and gains 6% on stock exchange

Indian solar module manufacturer Emmvee has commissioned a new 2.5 GW production unit in Karnataka, raising its total capacity to 10.3 GW and triggering a 6% rise in its share price on the BSE.
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The South Korean nuclear regulator has approved the launch of the 1,400-megawatt Saeul 3 reactor, beginning with a six-month pilot phase before full commercial operation.
The Indonesian government plans to limit mining output in 2026 to stabilise commodity prices and increase fiscal revenues, according to the Minister of Energy and Mineral Resources.

Storm in the Black Sea halts crude shipments at CPC terminal

Caspian Pipeline Consortium suspended loading and intake operations due to a storm and full storage capacity.
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Pipeline natural gas deliveries from Russia to the European Union dropped by 44% in 2025, reaching their lowest level in five decades following the end of transit via Ukraine.
Ankara is preparing a maritime exploration agreement with Damascus for 2026, marking a new phase in bilateral energy cooperation following a diplomatic rapprochement launched in 2025.

Kraken raises $1 billion for tech independence amid global energy market shift

Octopus sells a minority stake in Kraken for $1 billion in a deal valuing the tech platform at $8.65 billion, initiating its spin-off and strengthening its position among international energy suppliers.
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Frontera Energy has signed a crude supply deal worth up to $120mn with Chevron Products Company, including an initial $80mn prepayment and an option for additional funding.
Amplify Energy has completed the sale of its Oklahoma assets for $92.5mn, as part of its strategy to streamline its portfolio and optimise its financial structure.

NextNRG signs agreement with A123 Systems to secure US-manufactured batteries

NextNRG strengthens its domestic battery supply by signing a memorandum of understanding with A123 Systems, targeting the deployment of energy storage systems manufactured in the United States across its national project portfolio.
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AltaGas has finalised a labour agreement with union ILWU Local 523B, ending a 28-day strike at its Ridley Island propane terminal, a key hub for Canadian exports to Asia.
Fusion Fuel, through its subsidiary BrightHy Solutions, has set up a €30mn ($32.9mn) funded platform to develop industrial hydrogen projects, with the first site expected in Spain in 2026.

Lithuania extends gas transit to Kaliningrad until 2030

Amber Grid has signed an agreement to maintain gas transit to Russia’s Kaliningrad exclave, with a daily capacity cap of 10.5 mn m³ until the end of 2030, under a framework regulated by the European Union.
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Cindrigo Holdings has secured the extension of its three geothermal permits in Germany and plans to benefit from a new loan programme launched by public bank KfW.
Lebanon engages in a memorandum of understanding with Egypt to import natural gas and support its electricity production, with infrastructure rehabilitation and active funding searches required to secure delivery.
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.
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.

Stardust Power secures technical green light for its lithium refinery in Oklahoma

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.
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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.
Samsung SDI will supply LFP cells for energy storage systems in the United States starting in 2027, under a multi-year deal valued at $1.53bn.

Bitzero invests to triple capacity at Norway site to 110 MW by 2026

Bitzero Holdings launches a new 70 MW expansion phase in Namsskogan, Norway, targeting a total capacity of 110 MW and an upgrade of its high-performance computing capabilities.
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Remixpoint and Nippon Chikudenchi have formalised a partnership to develop seven 2MW/8MWh BESS facilities by October 2026 through a newly established joint venture.
UK-based Ray Systems has selected Beam Global to supply tailored battery systems for its new autonomous underwater drones, aiming to extend mission duration without compromising stealth or manoeuvrability.

Sungrow launches 400 MWh storage project for ENGIE in South Australia

Sungrow has started construction on a 200 MW/400 MWh battery storage system for ENGIE, aimed at strengthening grid stability in a state heavily reliant on renewable energy.
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Blue Current secures over $80mn in funding led by Amazon to industrialise its silicon solid-state batteries for large-scale mobility and stationary applications.
AGL has begun construction of a 500 MW battery storage system in Tomago, a project valued at AUD800mn ($530.8mn), in the Hunter region, with commissioning expected in 2027.

BKW prepares four battery projects to invest in storage in Switzerland

BKW is conducting feasibility studies on four sites to assess the profitability and development conditions for large-scale battery storage installations in Switzerland.
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A 300 MW/1,200 MWh electrochemical energy storage facility has been commissioned in China, marking a major milestone in the country’s largest publicly funded energy infrastructure project.
Sustainable Holdings is developing a battery storage facility in Matsusaka, with operations scheduled to begin in June 2026 on Japan’s electricity market.

Energy Toolbase and BPi install smart storage system at Korbel Winery

California-based Korbel Winery is now equipped with an integrated energy storage and intelligent control system, installed by Energy Toolbase and BPi, to optimise usage and address local grid constraints.
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The 200 MW Greenwater battery storage project enters execution phase following a $400mn bank financing, marking a strategic milestone in the Pacific Northwest’s energy infrastructure development.
Solar with batteries becomes a bankability lever in three key ASEAN markets, where the focus shifts from cost reduction to the monetisation of energy flexibility.

RWE confirms £200mn battery storage project at Pembroke site

Energy group RWE launches construction of its largest UK storage system, with 700 MWh capacity, at its Pembroke power station in Wales.
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The Australian government opens Tender 8 to secure 16 GWh of storage, for the first time including aggregated portfolios of 5 to 30 MW within the National Electricity Market.
With a strategic investment in a 200 MWh facility, European Energy strengthens its industrial position in Denmark and energises the Nordic battery storage market.