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Carbon neutrality to reach $27.22bn by 2035, driven by Asia
Driven by rising demand from China and India, the global carbon neutrality market is expected to grow by 7.3 % annually through 2035, supported by sustained investment in capture technologies.
Exowatt raises $50m to speed up solar unit deployment near AI data centres
Exowatt strengthens its capital to industrialise its P3 solar solution and meet the strong demand from AI-powered data centres across the United States.

BW Offshore and BW Group launch BW Elara for floating freshwater production

BW Offshore and BW Group create BW Elara, a joint venture for floating desalination units, combining offshore engineering and water treatment to meet urgent freshwater needs.
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Aramco deploys autonomous AI agents to optimise Fadhili gas plant
Aramco and Yokogawa have completed the deployment of autonomous artificial intelligence agents in the gas processing unit of Fadhili, reducing energy and chemical consumption while limiting human intervention.
Ohmium halves iridium use and exceeds global sector targets
Ohmium reached an iridium utilisation rate of 18 GW/ton for its electrolyzers, significantly surpassing the 2030 target, through technological advances that lower hydrogen production costs.

Shanghai Electric and Siemens strengthen alliance in smart power grid equipment

Shanghai Electric signed a framework agreement with Siemens to develop medium- and low-voltage equipment, aiming to modernise China’s power grids and support national decarbonisation targets.
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Rondo Energy commissions industrial heat battery in Thailand
US-based Rondo Energy and SCG Cleanergy have completed the installation of a 33 MWh heat battery at a cement plant in Thailand, the first of its kind in Southeast Asia, delivering steam to power a turbine for industrial electricity generation.
S‑Fuelcell intensifies GFOS rollout to support AI data centres
S‑Fuelcell is accelerating the launch of its GFOS platform to provide autonomous power to AI data centres facing grid saturation and a continuous rise in energy demand.

Enbridge invests $1.4bn to boost Canadian crude exports to US refineries

Enbridge commits $1.4bn to expand capacity on its Mainline network and Flanagan South pipeline, aiming to streamline the flow of Canadian crude to US Midwest and Gulf Coast refineries.
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Illinois clarifies county authority over solar siting
A new law passed by the Illinois Legislature strengthens counties' power over siting commercial solar projects in unincorporated areas, amid a legal dispute between Grundy County and the City of Morris.
T1 Energy injects $100mn to relaunch G2_Austin and accelerates G1_Dallas output
US-based T1 Energy strengthens its industrial footprint with two successive capital injections and prepares for the launch of its G2_Austin facility, while doubling production at its G1_Dallas site in the fourth quarter.

Frontera splits operations to unlock asset value in Colombia

Frontera Energy will separate its oil and infrastructure operations in Colombia to create two independent entities with distinct strategies, with completion expected in the first half of 2026.
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Washington strengthens nuclear deal with Seoul and grants enrichment access
The United States approves South Korea’s development of civilian uranium enrichment capabilities and supports a nuclear-powered submarine project, expanding a strategic partnership already linked to a major trade agreement.
Belarus launches new public investment in a third nuclear reactor
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.

Aramco reportedly targeting 10 mtpa of US LNG in global gas strategy

Aramco is reportedly in talks with Commonwealth LNG and Louisiana LNG, according to Reuters, to secure up to 10 mtpa in the “2029 wave” as North America becomes central to global liquefaction growth.
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Rapid reshuffle at Petroperu to drive Talara and Amazon under pressure
The Peruvian state has tightened its grip on Petroperu with an emergency board reshuffle to secure the Talara refinery, fuel supply and the revival of Amazon oil fields.
Velto Renewables takes full control of Les Îlots Blandin floating solar plant
Velto Renewables becomes the sole owner of Europe's largest floating solar power plant after finalising the transaction with Q ENERGY, strengthening its presence in France.

TotalEnergies commits $100mn with Climate Investment to support OGDC

TotalEnergies injects $100mn into Climate Investment’s Venture Strategy fund to accelerate the adoption of emissions reduction technologies within the oil industry under the OGDC framework.
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Voltalia commissions 126 MW Sarimay solar power plant in Uzbekistan
Voltalia has launched electricity production at Sarimay Solar, a 126-megawatt solar plant in Uzbekistan, marking a key milestone in the deployment of new photovoltaic capacity in the country.
Washington strengthens its support for Standard Lithium in Arkansas DLE project
Standard Lithium receives growing institutional backing in the United States to develop direct lithium extraction in Arkansas, a strategic area where the company positions itself against Exxon Mobil.
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VoltaGrid raises $5.0bn to deploy 4.3 GW of capacity by 2028
Enbridge commits $3bn to new projects while maintaining 2025 guidance
T1 Energy injects $100mn to relaunch G2_Austin and accelerates G1_Dallas output
S‑Fuelcell intensifies GFOS rollout to support AI data centres
Rondo Energy commissions industrial heat battery in Thailand
GridStor activates 220 MW battery in Texas to stabilise the power grid
GridStor has inaugurated its first energy storage facility in Texas, a 220 MW battery, designed to support the ERCOT grid and respond to the rapid increase in industrial demand in the state.
Energy Vault signs $250mn deal for 1.8 GWh storage in the Balkans
Energy Vault and EU Green Energy have signed a framework agreement for 1.8 GWh of battery storage systems, worth up to $250mn, with an initial 200 MWh project launched in Albania.

EVE Energy and EVO Power sign strategic agreement for their expansion in Australia

EVE Energy will supply 2.2 GWh of storage systems to EVO Power over five years, supporting the large-scale deployment of front-of-meter solutions in the Australian market.
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Gotion Launches First Electric Vehicle Battery Factory in Slovakia for Europe
Gotion inaugurates its Gigafactory in Slovakia, marking a significant advancement in electric vehicle battery production in Europe. This site, scheduled for 2027, strengthens the continent’s green industrial chain.
Erex and Samsung C&T Sign MoU to Develop Grid-Scale Energy Storage Projects in Japan
Erex and Samsung C&T announce a partnership to develop grid-scale energy storage projects in Japan. The two companies plan a 50:50 joint venture to deploy large-scale storage installations.

Sinopec and LG Chem Sign Agreement to Develop Sodium-Ion Battery Materials

Sinopec and LG Chem announce a strategic partnership to develop key materials for sodium-ion batteries. This collaboration aims to accelerate the commercialization of this technology in energy storage systems and low-speed electric vehicles.
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Rondo Energy to deploy 100 MWh heat battery for HEINEKEN in Portugal
HEINEKEN, EDP, and Rondo Energy are deploying a 100 MWh industrial heat battery in Lisbon, providing renewable steam 24/7 using on-site solar power and the grid.
NextStar Energy starts energy storage battery production in Windsor this November
NextStar Energy begins lithium-ion battery production for energy storage systems (ESS) in its Windsor plant this month, expanding its operations beyond electric vehicle batteries.

Baltic Storage Platform secures €85.6mn for large-scale battery project in Estonia

Baltic Storage Platform secures a record €85.6mn ($90.6mn) to develop two battery energy storage sites in Estonia, marking the first such financing in the Baltics based solely on storage revenue streams.
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Eos Energy secures 228 MWh strategic order from Frontier Power
Eos Energy and Frontier Power strengthen their collaboration with a major first order under a 5 GWh framework agreement to deploy long-duration storage systems across multiple energy markets.
Alternō launches sand battery technology in Japan with two thermal storage systems
Asia-based Alternō opens a subsidiary in Japan to industrialise its sand thermal batteries, targeting the agricultural and manufacturing sectors with two new renewable heat storage systems.

Fox ESS partners with Solar Juice to develop 1GWh of storage in Australia

Chinese manufacturer Fox ESS has entered into a partnership with Australian distributor Solar Juice to deploy up to 1GWh of battery capacity, targeting the fast-growing residential and commercial segments of the Australian market.
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AOGC Approves Final Integration of Smackover Lithium’s SWA Project 2028
The Arkansas Oil and Gas Commission validated integration of the Reynolds Brine Unit after unitizing 20,854 acres and adopting a 2.5% lithium royalty. The project targets 22,500 tonnes per year of battery-grade lithium carbonate from 2028 via a 55:45 joint venture.
Star Charge signs $3.2 billion deal for 32 GWh storage projects in the US
Star Charge Americas has signed a major service agreement with Beneficial Holdings to deploy over 32 GWh of battery energy storage systems in the United States and Puerto Rico, with a total value exceeding $3.2 billion.

Baltic Storage Platform secures €85.6mn for dual battery project in Estonia

Joint venture Baltic Storage Platform has secured €85.6mn ($90.7mn) to build two energy storage systems in Estonia, forming one of continental Europe’s largest battery complexes.
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InSolare secures 600 MW energy storage contract from SECI in India
InSolare Energy has secured a 600 MW / 1,200 MWh battery energy storage contract from state-owned SECI, strengthening its position in India’s energy infrastructure market.
e-STORAGE commissions 220 MWh energy storage system in South Australia
Canadian Solar’s subsidiary has completed the commercial operation of a battery storage project in Mannum, marking a key milestone in the large-scale energy deployment in southern Australia.

Daiei Sangyo to invest ¥50bn in grid-scale storage and data centres

Daiei Sangyo partners with Truewin Technology and Formosa Japan to develop 100 energy storage sites totalling 800MWh and expand into power-linked data centre operations.
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AI.net seals partnership with CATL for 1GWh of grid-scale batteries
Japanese company AI.net has signed a supply deal with China’s CATL for 1GWh of lithium-ion batteries, marking its entry into large-scale energy storage with a target of 500MW by March 2028.
Energy Plug Technologies delivers second energy storage system in the United States
Canadian group Energy Plug Technologies continues its expansion in the US market with the delivery of a new energy storage system to an industrial client based in the southern region.