TVEL Fuel Company

Poland’s financial watchdog has launched legal proceedings over suspicious transactions involving Energa shares, carried out just before Orlen revealed plans to acquire full ownership.
Gasunie and Thyssengas have signed an agreement to convert existing gas pipelines into hydrogen conduits between the Netherlands and Germany, facilitating integration of Dutch ports with German industrial regions.

Dalkia wins €15bn contract to manage Paris heating network until 2050

The Paris Council awards a €15bn, 25-year contract to Dalkia, a subsidiary of EDF, to operate the capital’s heating network, replacing long-time operator Engie amid political tensions ahead of municipal elections.
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The Venezuelan national oil company has confirmed the continuity of its crude exports, as the United States enforces a maritime blockade targeting sanctioned vessels operating around the country.
Baker Hughes will supply advanced artificial lift systems to Kuwait Oil Company to enhance production through integrated digital technologies.

Future Fund Oman engage $1.2bn pour accélérer 141 projets énergétiques et industriels

Le fonds souverain omanais a validé 141 projets en 2025 pour un engagement total de $1.2bn, visant à renforcer l’indépendance énergétique et l’industrialisation nationale à travers un programme d’investissement de $5.2bn.
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US-based Holtec has signed a memorandum of understanding with Hungary’s energy group MVM to assess the deployment of its SMR-300 technology, strengthening bilateral nuclear cooperation and opening prospects for a new market in Central Europe.
California-based startup Radiant has secured $300mn to build its first factory in Tennessee and prepare for the mass production of miniature nuclear reactors for off-grid applications.

Tokyu invests in 800 low-voltage solar plants through strategic partnership

Japanese conglomerate Tokyu teams up with Global Infrastructure Management and Clean Energy Connect to build 800 low-voltage solar plants totalling 70MWDC, under an off-site power purchase agreement for its facilities.
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T1 Energy has begun construction of a solar cell facility in Milam County, Texas, representing an investment of up to $425mn, aimed at strengthening U.S. industrial autonomy in the photovoltaic supply chain.
U.S.-based Sawgrass LNG & Power celebrates eight consecutive years of LNG exports to The Bahamas, reinforcing its position in regional energy trade.

Terra Innovatum accelerates licensing process for its SOLO™ reactor with the NRC

Terra Innovatum has increased its interactions with the Nuclear Regulatory Commission to advance licensing of its SOLO™ micro-modular reactor, despite the partial shutdown of the US federal government.
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The US nuclear regulator has extended the operating licences of three Illinois reactors by 20 years, strengthening Constellation's long-term industrial outlook for the Clinton and Dresden sites.
Pivot Energy has secured $225mn in funding from three banking partners to support a portfolio of 60 community solar power plants across nine US states.

TerraWind strengthens its onshore wind portfolio in Japan with 255MW transferred

TerraWind Renewables acquires five projects totalling 255MW in northern Japan, bringing its onshore wind development capacity to 327MW and targeting first commercial operation in 2028.
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Australia-based storage platform Akaysha Energy has launched its first operational project, a 155 MW battery in Queensland, while confirming its expansion to over 1 GWh.
LehmanSoft Japan connected a 2MW/8.1MWh energy storage facility to the grid in Chichibu City, marking its entry into the Japanese stationary storage market.

EDF, OQAE and Al Khadra to build 120 MW wind farm in Oman

A consortium led by EDF power solutions has signed a 20-year agreement with Nama PWP to develop a 120 MW wind farm in southeastern Oman, with commissioning scheduled for Q3 2027.
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Voltalia has started building a 43-megawatt hybrid plant in Sainte-Anne, combining solar, battery storage and bioenergy to meet growing electricity demand in western French Guiana.
The conditional power supply agreement for the Holmaneset project is extended to 2029, covering a ten-year electricity delivery period, as Fortescue continues feasibility studies.
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.
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.

Long-term contracts reshape electricity market risk over 30 years amid volatility

The rise of CfDs, PPAs and capacity mechanisms signals a structural shift: markets alone no longer cover 10–30-year financing needs, while spot prices have surged 400% in Europe since 2019.
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Germany plans to finalise the €5.8bn ($6.34bn) purchase of a 25.1% stake in TenneT Germany to strengthen its control over critical national power grid infrastructure.
The Ghanaian government is implementing a reform of its energy system focused on increasing the use of local natural gas, aiming to reduce electricity production costs and limit the sector's financial imbalance.

Suriname targets 220,000 barrels per day in oil strategy by 2028

On the 50th anniversary of its independence, Suriname announced a national roadmap including major public investment to develop its offshore oil reserves.
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In its latest review, the International Energy Agency warns of structural blockages in South Korea’s electricity market, calling for urgent reforms to close the gap on renewables and reduce dependence on imported fossil fuels.
China's power generation capacity recorded strong growth in October, driven by continued expansion of solar and wind, according to official data from the National Energy Administration.

Trump revives US offshore with 34 lease sales planned between 2026 and 2031

The 2026–2031 offshore programme proposes opening over one billion acres to oil exploration, triggering a regulatory clash between Washington, coastal states and legal advocacy groups.
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The government of Mozambique is consolidating its gas transport and regasification assets under a public vehicle, anchoring the strategic Beira–Rompco corridor to support Rovuma projects and respond to South Africa’s gas dependency.
The British system operator NESO initiates a consultation process to define the methodology of eleven upcoming regional strategic plans aimed at coordinating energy needs across England, Scotland and Wales.

COP30 locks in adaptation, avoids fossil phase-out and opens a climate regulatory front

The Belém summit ends with a technical compromise prioritising forest investment and adaptation, while avoiding fossil fuel discussions and opening a climate–trade dialogue likely to trigger new regulatory disputes.
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The Asian Development Bank and the Kyrgyz Republic have signed a financing agreement to strengthen energy infrastructure, climate resilience and regional connectivity, with over $700mn committed through 2027.
A study from the Oxford Institute for Energy Studies finds that energy-from-waste with carbon capture delivers nearly twice the climate benefit of converting waste into aviation fuel.

Sipperec renews electricity concession contract with EDF and Enedis

Signed for 25 years, the new concession contract between Sipperec, EDF and Enedis covers 87 municipalities in the Île-de-France region and commits the parties to managing and developing the public electricity distribution network until 2051.
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The French Energy Regulatory Commission publishes its 2023–2024 report, detailing the crisis impact on gas and electricity markets and the measures deployed to support competition and rebuild consumer trust.
Gathered in Belém, states from Africa, Asia, Latin America and Europe support the adoption of a timeline for the gradual withdrawal from fossil fuels, despite expected resistance from several producer countries.

Europeans tighten the noose around Iran with targeted IAEA resolution

The E3 and the United States submit a resolution to the IAEA to formalise Iran's non-cooperation following the June strikes, consolidating the legal basis for tougher energy and financial sanctions.
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The United Kingdom launches a taskforce led by the Energy Minister to strengthen the security of the national power grid after a full shutdown at Heathrow Airport caused by a substation fire.
New Delhi is seeking $68bn in Japanese investment to accelerate gas projects, develop hydrogen and expand LNG import capacity amid increased openness to foreign capital.