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Transformative Carbon Asset Facility

A €15mn solar farm and organic dairy project launched in Loiret
Loiret Energie and Terres d’Energie Développement will invest €15mn in a 31.5-hectare agrivoltaic farm in La Ferté Saint-Aubin, combining electricity production and organic cattle farming.
Waga Energy secures $180mn funding to accelerate production in the United States
Waga Energy has secured $180mn in senior debt over four years to develop its biomethane project portfolio at landfill sites in the United States.

Pakistan becomes structural fuel oil exporter, disrupting Asian market balance

Pakistan confirms its exit from domestic fuel oil with over 1.4 Mt exported in 2025, transforming its refineries into export platforms as Asia faces a structural surplus of high- and low-sulphur fuel oil.
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PetroChina invests $5.43bn to integrate 11 Gm³ of strategic gas storage with PipeChina
PetroChina internalises three major gas storage sites through two joint ventures with PipeChina, representing 11 Gm³ of capacity, in a CNY40.02bn ($5.43bn) deal consolidating control over its domestic gas network.
Japan launches FAST to build a public fusion demonstrator by 2035
The FAST project enters its engineering phase in Japan, mobilising an industrial consortium led by Starlight Engine and Kyoto Fusioneering to establish a public-private fusion sector based on the deuterium-tritium cycle.

Canadian Solar Infrastructure Fund acquires non-FIT solar asset for ¥253.5mn

Canadian Solar Infrastructure Fund makes its first acquisition outside the FIT scheme with a 1.1 MW solar plant in Tsukuba, valued at ¥253.5mn ($1.7mn), under a corporate PPA agreement.
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Brazil uses money laundering case to pressure Washington
Brasília links a major tax fraud investigation to talks with Washington, combining demands for financial transparency with negotiations over U.S. access to Brazilian rare earths.
US gasoline prices stable despite surge in holiday travel
Ahead of Thanksgiving, average gasoline prices in the US remain close to 2024 levels, supported by falling crude prices, despite a significant increase in expected road traffic.

Canada reforms Energy Efficiency Act to align policy with digital markets

The Canadian government introduces major legislative changes to the Energy Efficiency Act to support its national strategy and adapt to the realities of digital commerce.
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Quebec maintains sole carbon price at the pump despite federal tax repeal
Quebec becomes the only Canadian province where a carbon price still applies directly to fuels, as Ottawa eliminated the public-facing carbon tax in April 2025.
TEPCO could restart Kashiwazaki-Kariwa nuclear plant as early as January
The Niigata prefectural assembly will vote on the restart of Unit 6, potentially marking TEPCO’s first reactor relaunch since the 2011 Fukushima disaster.

South Africa inaugurates transmission station to integrate 900 MW of renewables

The new Vunumoya station, built for over $58mn in 18 months, marks a strategic step toward integrating 900 MW of renewable energy in the mining region of Mpumalanga.
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Sunsure Energy signs long-term solar agreement with Bisleri in India
The agreement will enable Bisleri to meet 48% of the electricity needs at its Sahibabad site through solar power supplied by Sunsure, cutting annual CO₂ emissions by nearly 2,700 tons.
InCommodities signs 15-year storage deal with AMPYR in Australia
AMPYR Australia and InCommodities have signed a 15-year partnership for the Bulabul BESS project, marking the Danish trader’s first long-term commitment in the Australian energy storage market.

Vikram Solar opens 5 GW plant in Vallam, reaches 9.5 GW capacity

Vikram Solar has commissioned a new 5 GW automated plant in Vallam, Tamil Nadu, raising its total capacity to 9.5 GW and marking a key milestone in its industrial expansion strategy in India.
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Norway launches cross-border consultation on nuclear power plant project
The Norwegian government has initiated a consultation with neighbouring countries on its modular nuclear power plant project in Aure and Heim, in accordance with the Espoo Convention.
Scatec secures 1.1 GW solar PPA to supply Egyptalum amid CBAM pressure
Norwegian group Scatec is developing a 1.1 GW solar plant with 200 MWh of storage for Egypt Aluminium, under a 25-year contract backed by the EIB, AfDB and EBRD.

GreenYellow signs 15-year hybrid solar contract with Thai retailer Dohome

GreenYellow has signed a major energy deal with Dohome to deploy 10.5 MWp of solar and 13 MWh of storage across 15 sites, marking one of the largest hybrid projects in Thailand’s retail sector.
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Carbon capture technologies emerge as industrial lever by 2035
CO₂ removal techniques are moving from lab-scale to national and corporate strategies, but their development remains constrained without a clear legal framework and targeted incentives on the carbon market.
India invests $872mn to locally produce rare earth permanent magnets
New Delhi launches a 72.8 bn INR incentive plan to build a 6,000-tonne domestic capacity for permanent magnets, amid rising Chinese export restrictions on critical components.
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Brazil uses money laundering case to pressure Washington
Canadian Solar Infrastructure Fund acquires non-FIT solar asset for ¥253.5mn
Japan launches FAST to build a public fusion demonstrator by 2035
Quebec maintains sole carbon price at the pump despite federal tax repeal
US gasoline prices stable despite surge in holiday travel
Ember: A small portion of wind and solar capacity would meet India’s electric vehicle needs by 2032
According to Ember, only 3% of India’s wind and solar targets for 2032 would be sufficient to cover the entire electric vehicle charging demand, provided appropriate measures are taken for grid management and charging infrastructure.
TotalEnergies leads high-power charging on motorways with 1,800 stations
TotalEnergies holds 23% of the high-power charging market on French motorways, according to data published by Gireve, with more than 1,800 active points across 265 service stations.

London reinstates grants to accelerate electric-vehicle adoption

The British government is mobilising USD845mn to subsidise electric-car purchases, easing pressure on an industry hit by US tariffs and preparing for the 2030 ban on internal-combustion engines.
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Electroverse reaches one million public electric vehicle charging points worldwide
Octopus Energy’s Electroverse platform surpasses one million public electric vehicle charging points, strengthening its international presence with a subscription-free model available in 40 countries through a single payment card.
Norse Energi launch strengthens DEME’s offshore fleet
Belgian marine constructor DEME floated its second giant wind-turbine installation vessel, Norse Energi, at China’s CIMC Raffles yard, a key step in an investment programme aimed at meeting growing offshore lifting demand.

Arctic Shipping Route: Commercial Opportunities and Technological Challenges for the Naval Sector

The Northern Sea Route attracts businesses due to its logistical speed but presents significant technological challenges for the naval industry, especially in designing vessels adapted to extreme Arctic conditions.
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United States cancels fuel economy standards set by Biden
The U.S. Department of Transportation is withdrawing strict fuel economy standards adopted under Biden, citing overreach in legal authority regarding the integration of electric vehicles into regulatory calculations for automakers.
Ireda files second bankruptcy petition against Gensol Engineering
The Indian Renewable Energy Development Agency is pursuing Gensol for a total default of over Rs 7.28 billion ($90.91mn), now targeting its electric vehicle leasing business.

IEA lowers forecast on oil impact from electric vehicles by 2030

The International Energy Agency expects electric vehicles to cut oil demand by 5 million barrels per day by 2030, down from a previous estimate of 6 million, citing economic and trade uncertainties.
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Adani deploys a hydrogen mining truck for coal logistics
Adani Enterprises has launched a hydrogen-powered truck at a public mine in Chhattisgarh, marking a first in India for heavy transport in the mining sector.
Incat launches 130-metre electric ferry in Australia for Buquebus
Shipbuilder Incat has unveiled a 130-metre electric catamaran designed for Buquebus, intended to connect Montevideo to Buenos Aires with a capacity of 2,100 passengers.

Ferrari unveils the 296 Speciale, its most powerful hybrid berlinetta to date

Ferrari unveiled on April 29 the 296 Speciale, a lighter and optimised version of the 296 GTB, featuring an 880 hp hybrid powertrain and aerodynamic innovations inspired by racing.
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China Faces Looming Decline in Automotive Gasoline Demand
As electric vehicles now account for more than half of new registrations in China, domestic gasoline demand is showing tangible signs of slowing down, raising significant strategic questions for refiners, according to the Oxford Institute for Energy Studies.
Electric relay stations inaugurated between Avignon and Lille for road transport
Sanef, Engie and Ceva Logistics have launched in France a first corridor for electric trucks, structured like modern postal relays, aiming to improve the efficiency of long-distance transport.

Tesla sales drop by 36% in the EU in March

Tesla sales saw a significant drop in March, with a 36% decrease compared to the previous year, according to data from the European Automobile Manufacturers Association. The brand faces increased competition and the consequences of its image.
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Tesla falls 71% in Q1 amid political tensions
Tesla reported a sharp decline in its quarterly results, driven by weakened demand and an increasingly divisive political stance from CEO Elon Musk.
Elon Musk reduces his federal involvement after Tesla’s Q1 losses
Elon Musk will partially step back from his role in Donald Trump’s government commission to focus on Tesla, which has been impacted by declining quarterly results and tensions in several markets.

Towt maintains transatlantic line despite trade tensions with Washington

Havre-based shipowner Towt continues its sail-powered maritime operations between Le Havre and New York despite new US tariffs, while announcing fleet expansion to eight vessels by 2027.
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Polestar records 76% rise in sales in Q1 2025
Swedish automaker Polestar sold 12,304 vehicles in the first quarter of 2025, a notable increase despite an uncertain economic context.
Sinopec and CATL to launch 10,000 battery swap stations for electric vehicles
Sinopec and CATL have signed a strategic agreement to build 10,000 battery swap stations in China, marking a turning point in the country's electric mobility infrastructure.