Transformative Carbon Asset Facility

The Kagurayama onshore wind farm (61.1 MW) begins operations under a secured 2017 FIT tariff, despite grid injection limits and a multi-stakeholder local governance model.
Canadian company Vision Lithium has completed a private placement of 14 mn flow-through shares totalling $209,000 to support its mineral exploration projects in Québec.

Woodbridge Ventures announces acquisition of Greenflame and prepares entry into oil sector

Woodbridge Ventures II Inc. signs definitive agreement with Greenflame Resources for a transformative merger, alongside a concurrent financing of up to $10mn.
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Interceptions of ships linked to Venezuelan oil are increasing, pushing shipowners to suspend operations as PDVSA struggles to recover from a cyberattack that disrupted its logistical systems.
The Trump administration has ordered the immediate halt of five major offshore wind construction sites in the Atlantic, citing national security threats and drawing mixed reactions from industry and political circles.

Global wind industry suffers historic downturn in 2025 despite Chinese resilience

Policy reversals, reduced performance and corporate disengagement marked an unprecedented slowdown in wind power in 2025, although China continued its expansion at a steady pace.
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French group Nexans initiates the sale of its Autoelectric subsidiary to India’s Motherson for €207mn ($227mn), marking its full exit from non-electrification activities.
Matrix Renewables has signed a turnkey agreement with Tesla to develop a 1 GWh battery energy storage system in Scotland, marking its first standalone project of this kind in the UK.

Orrön Energy sells three solar projects in Germany for up to €14mn

Swedish group Orrön Energy is selling a portfolio of development-stage solar projects to Gülermak for up to €14mn, including an initial €0.7mn payment and additional milestone-based consideration.
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The European Commission opens an in-depth investigation into Prague's public funding of a major nuclear project, which could reach €30bn ($32.88bn), with guaranteed revenues over forty years.
Bourbon enters a new strategic phase following the arrival of Davidson Kempner and Fortress, who have become majority shareholders after a financial restructuring approved by the French courts.

Harbour Energy acquires LLOG Exploration for $3.2bn to boost reserves

Harbour Energy acquires US offshore operator LLOG for $3.2bn, adding 271 million barrels in reserves and establishing a fifth operational hub in the Gulf of Mexico.
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The Ministry of the Economy forecasts stable regulated tariffs in 2026 and 2027 for 19.75 million households, despite the removal of the Arenh mechanism and the implementation of a new tariff framework.
The federation of the electricity sector proposes a comprehensive plan to reduce dependence on fossil fuels by replacing their use in transport, industry and housing with locally produced electricity.

Heirs Energies secures $750mn financing to strengthen production capacity

The agreement signed with Afreximbank marks a strategic shift for Heirs Energies, aiming to scale up its exploration and production operations on Nigeria's OML 17 oil block.
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Oritsemeyiwa Eyesan’s appointment as head of Nigeria’s oil regulator marks a strategic shift as the country targets $10bn in upstream investment through regulatory reform and transparent licensing.
European Energy increases the capacity of its Måde Power-to-X site to 8.1 MW, with a new electrolyser in service and ongoing tests for commercial production in 2026.

Iraq demands foreign companies in Kurdistan hand over their crude oil

Baghdad states that all international companies operating in Kurdistan’s oil fields must transfer their production to state marketer SOMO, under the agreement signed with Erbil in September.
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China's electricity market overhaul improves the profitability of energy storage, supporting a rapid increase in battery exports as global demand rises with data centres and power grids.
The Australian government will require up to 25% of gas extracted on the east coast to be reserved for the domestic market from 2027, in response to supply tensions and soaring prices.
The UK government has assigned a GBP135mn ($180mn) budget for solar energy in its seventh CfD auction round, aiming to support up to 4 GW of installed capacity.
SEG Solar launches a strategic industrial project in Indonesia with 3GW capacity to support the supply chain of its photovoltaic modules for the US market.

Boviet Solar invests $400mn in two solar factories in North Carolina

Vietnam's Boviet Solar has launched two industrial sites in North Carolina to produce solar cells and modules, with over 1,300 jobs created and a total investment of $400mn.
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Acciona Energía sells 49% of its U.S. solar portfolio and all of two Mexican wind farms in a $1bn deal, reinforcing its asset rotation strategy.
Maxeon Solar Technologies has launched a new legal action against Aiko Solar and its European distributors over alleged infringement of a key back contact photovoltaic technology patent.

Vena Group secures international financing for its 300 MWp solar plant

Vena Group has finalised a landmark foreign currency financing for its Opus solar project in the Philippines, marking a major milestone for cross-border investments in energy.
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Voltalia strengthens its presence in Italy with four solar projects awarded under the FERX tender, securing stable revenues over two decades for a total capacity of 68 megawatts.
French developer Akuo has completed three crowdfunding campaigns to support its solar power plants in Côte-d’Or, raising a total of €5.15mn ($5.57mn) exclusively from local stakeholders.

Zimbabwe plans 600 MW floating solar power plant on Lake Kariba

Zimbabwe plans to launch the construction of a 600 MW floating solar power plant on Lake Kariba in 2026, aiming to reduce its reliance on drought-affected hydropower.
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The company has secured a 108 MW solar project in Sicily, its largest in Italy, following the second national FER X auction, strengthening its portfolio of energy investments in the country.
Independent power producer GreenGo strengthens its portfolio to 193 MW under public schemes, after winning a new 48 MW solar project through the FER X NZIA programme.

Italy awards 1.1 GW of non-Chinese solar capacity at 17% higher price

Italy awarded over 1.1 gigawatts to 88 solar projects using no Chinese equipment, in a European first, at an average tariff of €66.38/MWh, 17% above previous auctions.
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French firm Newheat forms a joint venture with Sunmark Chile to develop large-scale solar thermal heat projects for the mining sector, targeting decarbonisation of copper extraction processes in Chile.
Scatec has begun commercial operation of the second phase of its 120 MW solar project in Mmadinare, marking a strategic step in Botswana’s energy sector.

Origis Energy secures $290mn financing for two solar projects in Texas

Origis Energy finalised a $290mn financing with Natixis CIB and Santander for the Swift Air Solar II and III projects, totalling 313 MWdc of installed capacity in Ector County, Texas.
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ACWA Power and Bapco Energies signed a joint development agreement for a solar power plant integrated with storage technology in eastern Saudi Arabia, to supply electricity to Bahrain.
The Tilley Solar project, led by Indigenous and private partners, has reached full commissioning, adding 23.6 MW to Alberta's power grid and marking an economic milestone for Alexander First Nation.

Waaree secures 288 MWp order for two solar projects in Texas

Waaree Solar Americas will supply next-generation bifacial modules to Sabancı Renewables for two utility-scale solar plants in Texas, strengthening its presence in the North American market.
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A court in Illinois has dismissed a lawsuit filed against ECA Solar, removing legal barriers to the construction of a planned solar facility outside the city limits of Morris.
EDF power solutions acquires a 20% stake in Obelisk, a 1.1GW hybrid solar and storage project in Egypt led by Scatec and Norfund, marking a new milestone in its regional strategy.