Tesla Powerwall

Norwegian firm DNO increases its stake in the developing Verdande field by offloading non-core assets to Aker BP in a cash-free transaction.
The continued rise in gas-fired power generation in Germany is slowing the filling of European reserves at a critical moment for regional energy market stability ahead of winter.

IAEA warns of restricted access to Iranian nuclear site since June strikes

The International Atomic Energy Agency denounces the ongoing inspection blockage at several damaged Iranian nuclear facilities, where stocks of highly enriched uranium remain.
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Orano is testing an artificial intelligence-equipped robot for four months at its Melox site to assess its ability to assist in sensitive and repetitive industrial operations.
Danish offshore wind giant Ørsted reported a net loss of 1.7 billion kroner in the third quarter, despite a $9.4 billion recapitalisation aimed at strengthening its balance sheet and stabilising operations.

TAG Oil secures three-year extension to evaluate BED-1 oil field in Egypt

TAG Oil extends the BED-1 evaluation period until October 2028, committing to drill two new wells before deciding on full-scale development of the Abu Roash F reservoir.
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Expro delivered its new on-site fluid analysis service for a major oil operator in Cyprus, cutting turnaround times from several months to just hours during an exploration drilling campaign in the Eastern Mediterranean.
NU E Power Corp. acquires 500 MW of hybrid projects from ACT Mid Market Ltd. to support the global expansion of its artificial intelligence and Bitcoin mining infrastructure.

Ormat Technologies increases its quarterly revenue by 17.9%

Ormat Technologies reported a rise in revenue for the third quarter, supported by solid performances in its Product and Storage segments, and revised its 2025 annual guidance upward.
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Mitsubishi Power will supply equipment to convert an oil-fired thermal power plant to natural gas in southern Vietnam.
Sinopec finalised supply agreements worth $40.9bn with 34 foreign companies at the 2025 China International Import Expo, reinforcing its position in the global petroleum and chemical trade.

India’s solar capacity surpasses 125 GW, raising risk of overproduction

With solar module manufacturing capacity tripling domestic demand, India holds 29 GW in inventory, while exports to the United States fall by 52%.
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New Delhi is preparing a revised roadmap for its climate commitments while maintaining heavy reliance on coal to sustain economic growth and respond to growing regulatory pressure.
Commodities trader Gunvor confirmed that the assets acquired from Lukoil will not return under Russian control, despite potential sanction relief, amid growing regulatory pressure.

Boviet Solar invests in 3 GW photovoltaic cell plant in North Carolina

Boviet Solar strengthens its industrial presence in the United States with a major investment in a new 3 GW photovoltaic cell plant in Greenville, consolidating its North American expansion strategy.
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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.
Esso France shareholders, mostly controlled by ExxonMobil, approved the sale to Canadian group North Atlantic and a €774mn special dividend set for payment on 12 November.

80 Mile PLC Signs Heads of Terms Agreement with USFM to Fund Disko Project in Greenland

80 Mile PLC has reached a binding Heads of Terms agreement with USFM Corporation for a $30 million investment in exchange for 51% of the Disko-Nuussuaq project in Greenland, a key step in developing this strategic resource.
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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.
BrightNight and Cordelio Power have announced the financial close for the Pioneer Clean Energy Center, a hybrid project combining 300 MW of solar and 1,200 MWh of energy storage in Arizona, aimed at supporting the state's growing energy demand.
Valor Mining Credit Partners completes its first major financing with a secured loan to strengthen the operational capacity of a U.S. mining site.
Amid tensions on the Midwest power grid, Washington orders the continued operation of the J.H. Campbell plant to secure electricity supply over the coming months.

Peabody cancels its $3.78 billion bid for Anglo’s coal mines

Peabody Energy abandons the acquisition of Anglo American’s Australian coal assets, triggering an arbitration process following the failure of a post-incident agreement at the Moranbah North mine.
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Core Natural Resources announces USD220.2mn in operating cash flow for the second quarter of 2025, while revising its capital return strategy and increasing post-merger synergies.
A report by Wood Mackenzie reveals that geopolitical pressures and rising global electricity demand could keep coal-fired generation elevated well beyond current forecasts.

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.
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Turkish power producer Eren Energi Elektrik Uretim has launched a tender to buy 375,000 tonnes of thermal coal to be delivered in five shipments starting from August 2025, according to a document seen by Platts on June 27.
Ireland ends four decades of coal-based electricity production by converting its Moneypoint power plant to heavy fuel oil, now exclusively reserved for the balancing market until 2029.

Duke Energy considers sale of coal units at Cayuga in Indiana

Duke Energy Indiana will launch a technical study to evaluate the potential sale of its coal units at the Cayuga site following the planned commissioning of new natural gas plants in 2029 and 2030.
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China's coal imports dropped 18% in May, driven by historically low domestic prices and significant growth in national production, shifting the country's energy market dynamics.
India’s unprecedented drop in power demand led to a sharp decline in coal-based generation in May, while renewable energy output reached a record high.

China approves 11.29 GW of coal in Q1 despite unprecedented decline in 2024

Greenpeace data shows a renewed wave of coal projects in early 2025, as renewable capacity surpasses thermal energy for the first time.
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Financial giant BlackRock highlights economic and strategic risks linked to an antitrust procedure backed by Washington, targeting major asset managers accused of conspiring to reduce coal production in the United States.
Adani Power will supply 1,500 MW to Uttar Pradesh through an ultra-supercritical coal power plant built under the DBFOO model, at a tariff of Rs 5.383 per unit.

Australian coal mines emit 40% more methane than reported, according to EMBER and KAYRROS

A satellite analysis led by Ember and Kayrros shows that methane emissions from Australian mines are 40% higher than official reports, revealing significant gaps in the current coal sector monitoring.
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Donald Trump issues several executive orders aimed at reducing regulations on the U.S. coal industry, addressing economic expectations from coal-producing states while securing national energy supply.
Backed by Chinese funding, Zambia and Zimbabwe are reviving coal projects in contrast to international energy sector trends.

New coal-fired power plant additions fall to 20-year low

New coal-fired electricity capacity added in 2024 dropped to 44 GW, driven mainly by China and India, according to a report released on Thursday.
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Finnish energy company Helen has halted operations at the Salmisaari plant, the country’s last coal facility, halving its carbon dioxide emissions in one year.
India crosses the symbolic milestone of producing over one billion tonnes of coal for the first time, significantly cutting its imports and strengthening energy independence through recent governmental reforms in the mining sector.