VOLTA

Driven by industrial demand and integration with renewable energy, the electrolyzer market is projected to grow 38.2% annually, rising from $2.08bn in 2025 to $14.48bn by 2031.
Aker Solutions has signed a six-year frame agreement with ConocoPhillips for maintenance and modification services on the Eldfisk and Ekofisk offshore fields, with an option to extend for another six years.

France: B100 and E85 biofuels maintain their tax niche despite doubts

The rejection of the removal of tax benefits for B100 and E85 biofuels preserves a favourable fiscal framework for an agricultural sector under pressure, despite uncertainty over actual environmental gains.
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Q ENERGY France and the Association of Rural Mayors of France have entered a strategic partnership to develop local electrification and support France's energy sovereignty through rural territories.
Iranian authorities intercepted a vessel carrying 350,000 litres of fuel in the Persian Gulf, tightening control over strategic maritime routes in the Strait of Hormuz.

ACWA Power and Aramco secure $8.2bn financing for 15 GW renewable projects

ACWA Power, Badeel and SAPCO have secured $8.2bn in financing to develop seven solar and wind power plants with a combined capacity of 15 GW in Saudi Arabia, under the national programme overseen by the Ministry of Energy.
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Chinese group Autel has signed a memorandum of understanding with UAEV to develop smart-charging infrastructure and energy solutions tailored to the extreme climate of the United Arab Emirates.
With a strategic investment in a 200 MWh facility, European Energy strengthens its industrial position in Denmark and energises the Nordic battery storage market.

BW Ideol takes 15% stake in Méditerranée Grand Large floating wind project

BW Ideol Projects Company acquires a minority stake in the Méditerranée Grand Large project, strengthening its partnership with EDF power solutions and Maple Power in the Mediterranean floating offshore wind sector.
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JA Solar unveils a pioneering white paper on photovoltaic systems in arid regions, with a module designed to withstand extreme desert conditions and improve long-term energy yield.
Shikoku Electric Power lowers its acquisition threshold for solar projects to 500kWAC and calls for proposals to develop floating plants on reservoirs of at least 15,000m².

Canadian Solar commissions 20 MWAC solar plant in Japan under 25-year virtual PPA

Canadian Solar has started delivering non-fossil certificates from a new 20 MWAC solar plant in Okayama under a 25-year virtual power purchase agreement with a Japanese company.
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Hydro-Québec reports a 29% increase in net income over nine months in 2025, supported by a profitable export strategy and financial gains from an asset sale.
North Atlantic France finalizes the acquisition of Esso S.A.F. at the agreed per-share price and formalizes the new name, North Atlantic Energies, marking a key step in the reorganization of its operations in France.

Imperial Petroleum raises $60mn through direct share and warrant offering

Greek shipowner Imperial Petroleum has secured $60mn via a private placement with institutional investors to strengthen liquidity for general corporate purposes.
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Ecopetrol plans between $5.57bn and $6.84bn in investments for 2026, aiming to maintain production, optimise infrastructure and ensure profitability despite a moderate crude oil market.
Ecopetrol has reached a conditional agreement to acquire seven companies holding photovoltaic projects across four Colombian departments, for a total potential of 88.2 MWp.

Carney and Smith unlock pipeline to Asia and amend tanker ban law

The Carney–Smith agreement launches a new pipeline to Asia, removes oil and gas emission caps, and initiates reform of the Pacific north coast tanker ban.
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The gradual exit from CfD contracts is turning stable assets into infrastructures exposed to higher volatility, challenging expected returns and traditional financing models for the renewable sector.
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.
Under political pressure, Ademe faces proposals for its elimination. Its president reiterates the agency’s role and justifies the management of the €3.4bn operated in 2024.
Solar and wind generation exceeded the increase in global electricity demand in the first three quarters of 2025, leading to a stagnation in fossil fuel production according to the latest available data.

Malaysia accelerates carbon taxation to safeguard industrial competitiveness

The Malaysian government plans to introduce a carbon tax and strengthen regional partnerships to stabilise its industry amid emerging international regulations.
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E.ON warns about the new German regulatory framework that could undermine profitability of grid investments from 2029.
A major blackout has disrupted electricity supply across the Dominican Republic, impacting transport, tourism and infrastructure nationwide. Authorities state that recovery is underway despite the widespread impact.

Vietnam strengthens its energy policy to accelerate low-carbon transition

Vietnam is consolidating its regulatory and financial framework to decarbonise its economy, structure a national carbon market, and attract foreign investment in its long-term energy strategy.
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The European Bank for Reconstruction and Development strengthens its commitment to renewables in Africa by supporting Infinity Power’s solar and wind expansion beyond Egypt.
Governor Gavin Newsom attended the COP30 summit in Belém to present California as a strategic partner, distancing himself from federal policy and leveraging the state's economic weight.

Beijing opens major energy projects to private capital to revive investment

Chinese authorities authorise increased private sector participation in strategic energy projects, including nuclear, hydropower and transmission networks, in an effort to revitalise slowing domestic investment.
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A new regulatory framework comes into effect to structure the planning, procurement and management of electricity transmission infrastructure, aiming to increase grid reliability and attract private investment.
À l’approche de la COP30, l’Union africaine demande une refonte des mécanismes de financement climatique pour garantir des ressources stables et équitables en faveur de l’adaptation des pays les plus vulnérables.

Global energy efficiency slows to 1.8% in 2025, far from COP28 target

Global energy efficiency progress remains below the commitments made in Dubai, hindered by industrial demand and public policies that lag behind technological innovation.
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Global solar and wind additions will hit a new record in 2025, but the lack of ambitious national targets creates uncertainty around achieving a tripling by 2030.
South Korean refiners warn of excessive emissions targets as government considers cuts of up to 60% from 2018 levels.

Lula defends funding energy transition through oil revenues

Ahead of COP30 in Belém, Brazilian President Luiz Inacio Lula da Silva adopts a controversial stance by proposing to finance the energy transition with proceeds from offshore oil exploration near the Amazon.
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An international group of researchers now forecasts a Chinese emissions peak by 2028, despite recent signs of decline, increasing uncertainty over the country’s energy transition pace.
The end of subsidies and a dramatic rise in electricity prices in Syria are worsening poverty and fuelling public discontent, as the country begins reconstruction after more than a decade of war.

Global warming heads toward 2.5°C despite commitments

Current emission trajectories put the planet on course for a 2.3°C to 2.5°C rise, according to the latest UN calculations, just days before the COP30 in Belem.
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The Australian government plans to introduce a free solar electricity offer in several regions starting in July 2026, to optimize the management of the electricity grid during peak production periods.
India is implementing new reforms to effectively integrate renewable energy into the national grid, with a focus on storage projects and improved contracting.