Union nationale d’électricité (UNE)

Indian group AM Green has signed a memorandum of understanding with Japanese conglomerate Mitsui to co-finance a one million tonne per year integrated low-carbon aluminium production platform.
California Resources Corporation completed an all-stock asset transfer with Berry Corporation, strengthening its oil portfolio in California and adding strategic exposure in the Uinta Basin.

Gevo receives “A” rating for North Dakota site from BeZero Carbon

Gevo receives high-quality assessment for its carbon capture credits in North Dakota, strengthening the commercial value of its certificates in the voluntary carbon markets.
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esVolta finalises investment tax credit transfer for its Black Walnut storage project to Computacenter, marking a first-of-its-kind operation within its California energy portfolio.
As the photovoltaic industry enters a phase of deep restructuring, the duel between TOPCon 4.0 and heterojunction technologies is redefining manufacturers’ margins. In 2026, reducing production costs becomes the primary strategic lever for global market leaders.

JA Solar and Trinasolar Lead a Global Solar Market in Crisis

JA Solar and Trinasolar top Wood Mackenzie’s latest semiannual ranking despite a sector-wide net loss of $2.2 billion. Industrial leaders are strengthening their grip on global photovoltaic module supply through rigorous financial discipline.
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Next Hydrogen completes a $20.7mn private placement led by Smoothwater Capital, boosting its ability to commercialise alkaline electrolysers at scale and altering the company’s control structure.
Peregrine Energy Solutions has begun construction on a 500 MWh storage project in Texas, relying on Wärtsilä's technology and WHC's engineering expertise to enhance ERCOT grid flexibility.

Saudi Arabia connects 7.8 GWh energy storage project to the grid

The world's largest battery energy storage system enters service in Saudi Arabia, with an annual capacity of 2.2 billion kWh spread across three strategic sites in the southwest of the country.
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Primary Hydrogen plans to launch its initial drilling programme at the Wicheeda North site upon receiving its permit in early 2026, while restructuring its internal exploration functions.
BayWa r.e. has finalised the sale of a 46 MW floating solar park, the country’s largest, to a Dutch public-local consortium, marking a new step in the decentralised structuring of the solar market in the Netherlands.

Israel seals a €30 billion gas contract with Egypt

An agreement announced on December 17, 2025 provides for twenty years of deliveries through 2040. The package amounts to 112 billion new Israeli shekels (Israeli shekels) (NIS), with flows intended to support Egyptian gas supply and Israeli public revenues.
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The ATUM Solar industrial complex, located in Ain Sokhna, will include three factories—two of 2 GW capacity—backed by a $220mn investment from an international consortium.
AMEA Power has completed the commercial commissioning of a 120 MWp solar project in Kairouan, marking a national first in Tunisia for a renewable energy installation of this scale.

Uganda seeks $2 billion loan from Vitol for oil infrastructure projects

The Ugandan government aims to authorise its national oil company to borrow $2 billion from Vitol to fund strategic projects, combining investments in oil infrastructure with support for national logistics needs.
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The Gerus plant becomes the first solar installation in Namibia to sell electricity directly on the Southern African Power Pool regional market.
Abu Dhabi’s national oil company has secured a landmark structured financing to accelerate the development of the Hail and Ghasha gas project, while maintaining strategic control over its infrastructure.

Indonesia targets $92bn to green its industrial power generation by 2050

Indonesia plans $31bn in investments by 2030 to decarbonise captive power, but remains constrained by coal dependence and uncertainty over international financing.
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A drone attack on the Al-Muqrin station paralysed part of Sudan's electricity network, affecting several states and killing two rescuers during a second strike on the burning site.
The Bolivian government eliminates subsidies on petrol and diesel, ending a system in place for twenty years amid budgetary pressure and dwindling foreign currency reserves.
Blue Current secures over $80mn in funding led by Amazon to industrialise its silicon solid-state batteries for large-scale mobility and stationary applications.
AGL has begun construction of a 500 MW battery storage system in Tomago, a project valued at AUD800mn ($530.8mn), in the Hunter region, with commissioning expected in 2027.

BKW prepares four battery projects to invest in storage in Switzerland

BKW is conducting feasibility studies on four sites to assess the profitability and development conditions for large-scale battery storage installations in Switzerland.
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A 300 MW/1,200 MWh electrochemical energy storage facility has been commissioned in China, marking a major milestone in the country’s largest publicly funded energy infrastructure project.
Sustainable Holdings is developing a battery storage facility in Matsusaka, with operations scheduled to begin in June 2026 on Japan’s electricity market.

Energy Toolbase and BPi install smart storage system at Korbel Winery

California-based Korbel Winery is now equipped with an integrated energy storage and intelligent control system, installed by Energy Toolbase and BPi, to optimise usage and address local grid constraints.
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The 200 MW Greenwater battery storage project enters execution phase following a $400mn bank financing, marking a strategic milestone in the Pacific Northwest’s energy infrastructure development.
Solar with batteries becomes a bankability lever in three key ASEAN markets, where the focus shifts from cost reduction to the monetisation of energy flexibility.

RWE confirms £200mn battery storage project at Pembroke site

Energy group RWE launches construction of its largest UK storage system, with 700 MWh capacity, at its Pembroke power station in Wales.
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The Australian government opens Tender 8 to secure 16 GWh of storage, for the first time including aggregated portfolios of 5 to 30 MW within the National Electricity Market.
With a strategic investment in a 200 MWh facility, European Energy strengthens its industrial position in Denmark and energises the Nordic battery storage market.

Grenergy multiplies its net profit by seven and surpasses €700mn in CAPEX

The Spanish renewable energy producer significantly increased its investments and revenue while achieving more than half of its asset rotation target for the 2025–2027 period.
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Chinese manufacturer EVE Energy has signed a three-year memorandum of understanding with Sweden’s Vimab BESS AB to supply batteries and energy storage solutions in Northern Europe.
Huawei's full-lifecycle battery safety rating system has been officially validated by a national technical committee, marking a key milestone for large-scale energy storage deployment.

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.
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Tokyo Gas and Okaya & Co. will begin construction in December 2025 of a 25 MW/75 MWh battery energy storage system in Hokkaido, with commercial operations expected in 2028 or later.
US-based CETY has been awarded a $10mn contract to build a battery energy storage system in New York State, marking the first in a series of planned installations across the region.

Engie secures 280 MW battery storage contract in India for 2027

French energy group Engie wins its second-largest global battery storage project with a capacity of 280 MW, awarded by a state-owned company in Gujarat, India.
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Nostromo’s IceBrick system becomes the first behind-the-meter thermal storage device to participate in California’s wholesale energy market, in partnership with Olivine, marking a milestone for commercial buildings.
Pacific Green has received approval from the Victorian government for its second energy storage park in Australia, a 1GW project to be developed over 36 months in Portland’s industrial zone.