WEG

US developer Ecoplexus has closed a $300mn financing deal with KKR and SMBC to support over 13GW of solar and storage projects under development across the country.
A Delaware court approved the sale of PDV Holding shares to Elliott’s Amber Energy for $5.9bn, a deal still awaiting a U.S. Treasury licence through OFAC.

EDP signs PPA with Carrefour for 50 GWh of energy in Poland

EDP will supply 30% of Carrefour Polska’s energy needs through a PPA combining solar and wind, marking a step forward in the development of renewable capacity in Poland.
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Enefit Green has sold its only wind farm in Finland to Canadian fund TD Greystone Infrastructure Fund, refocusing operations on the Baltic states and Poland in a regional concentration strategy.
A new $100mn fund has been launched to support Nigerian oil and gas service companies, as part of a national target to reach 70% local content by 2027.

France grants €39mn loan for ten solar power plants in Mauritania

French public funding will support the construction of ten solar power plants with storage in Mauritania, as the country works to expand its grid to reach universal electricity access by 2030.
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A coalition of Danish industry groups, unions and investors launches a platform in support of modular nuclear power, aiming to develop firm low-carbon capacity to sustain industrial competitiveness.
Western measures targeting Rosneft and Lukoil deeply reorganise oil trade, triggering a discreet yet massive shift of Russian export routes to Asia without causing global supply disruption.

Europe enacts the end of Russian gas and enforces a total reshaping of its gas market

The European Union has enshrined in law a complete ban on Russian gas by 2027, forcing utilities, operators, traders and states to restructure contracts, physical flows and supply strategies under strict regulatory pressure.
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The partial exploitation of associated gas from the Badila field by Perenco supplies electricity to Moundou, highlighting the logistical and financial challenges of gas development in Chad.
La Nigerian Upstream Petroleum Regulatory Commission ouvre la compétition pour 50 blocs d’exploration, répartis sur plusieurs zones stratégiques, afin de relancer les investissements dans l’amont pétrolier.

Nigeria auctions 50 oil blocks in its 2025 licensing round

The Nigerian Upstream Petroleum Regulatory Commission opens bidding for 50 exploration blocks across strategic zones to revitalise upstream investment.
Brussels validates a new list of 235 PCI/PMI infrastructure projects, prioritising electricity, hydrogen and CO₂ corridors, while locking in access conditions to European funding through 2040.
Azerbaijan is developing Nakhchivan into a key electricity export hub with interconnection projects to Türkiye, boosting regional integration into the European energy market.

Romania places Lukoil under temporary control to prevent an energy crisis

Bucharest authorises an exceptional takeover of Lukoil’s local assets to avoid a supply shock while complying with international sanctions. Three buyers are already in advanced talks.
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Kazakhstan plans to allocate 3 GW of wind and solar projects by the end of 2026 through public tenders, with a first 1 GW tranche in 2025, amid efforts to modernise its power system.
Investor Jordan A. Oxley has acquired the Slatina-3 geothermal asset for €400k after Cindrigo’s bankruptcy, betting on a technical and regulatory revival within Croatia’s complex permitting framework.

Serbia forced to shut down its only refinery after US sanctions

Serbia's only refinery, operated by NIS, has suspended production due to a shortage of crude oil, a direct consequence of US sanctions imposed on its majority Russian shareholder.
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A new regulation requires gas companies to declare the origin, volume and duration of their contracts, as the EU prepares to end Russian imports.
The United Kingdom and TAE Technologies create a joint venture in Culham to produce neutral beams, a key component of fusion, with strategic backing from Google.
German group Nordex will supply three turbines to developer BMR for a 21 MW project in North Rhine-Westphalia, bringing BMR's total orders to nearly 110 MW in 2025.
Q ENERGY is simultaneously conducting the repowering and extension of its wind farm in Aude, with commissioning scheduled for late 2026 and a production goal equivalent to the consumption of 45,000 people.

Cordelio Power starts operations at 135 MW wind farm in Arkansas with Microsoft

Cordelio Power has launched commercial operations of the Crossover wind farm in Arkansas, securing a 20-year power purchase agreement with Microsoft and closing $811mn in financing from North American banks.
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VSB France has commissioned the Eoliennes de Fadoumal wind farm in Lozère, a 13.8 MW facility located in a forested high-altitude area and equipped with a patented avifauna detection system.
Proparco has invested in the 100 MW Kipeto wind farm in Kenya, reinforcing France’s financial involvement in East Africa’s energy sector, without disclosing the amount of the transaction.

Terra-Gen commissions 238.5 MW wind farm in Texas

The Monte Cristo I project strengthens Terra-Gen’s presence in Texas with a total capacity of 273 MW and economic returns exceeding $100mn for local communities.
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The UK is betting on a new contracts-for-difference model to secure up to 5.5 GW of offshore wind, despite a reduced budget and unprecedented competitive pressure.
CWP Energy and KfW IPEX-Bank have finalised a £400mn ($494mn) financing agreement for the Sanquhar II onshore wind farm, marking a strategic milestone in UK energy investments.

Nordex signs 42 MW contract with SSE for two wind farms in Spain

Nordex Group will deliver seven turbines for two wind farms commissioned by SSE in Aragón, strengthening their partnership and reinforcing the industrial supply chain in Spain.
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German manufacturer Nordex has signed three orders with DenkerWulf for 25 onshore wind turbines, with a total capacity of 122.7 MW to be installed between 2027 and 2028 in northern Germany.
RWE won two projects totalling 21.6 MW in the latest onshore wind tender by the CRE, strengthening its presence in Oise and Morbihan and consolidating its investments in France.

Cadeler secures two offshore contracts worth €500mn in wind energy

Danish group Cadeler has signed two contracts for the transport and installation of offshore wind turbine foundations and units worth a combined €500mn, subject to a final investment decision by the client.
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Shell withdraws from two floating wind projects in Scotland, reinforcing capital discipline in favour of faster-return activities. ScottishPower takes over MarramWind while CampionWind is returned to Crown Estate Scotland for reallocation.
J-POWER will take over Mitsubishi Heavy Industries’ domestic onshore wind maintenance operations under a deal set to strengthen its local market position by spring 2026.

Five companies launch SupraMarine to test offshore superconducting cables

The consortium brings together Air Liquide, RTE, Nexans, ITP Interpipe and CentraleSupélec to develop a demonstrator for offshore electricity transport using superconducting cables cooled with liquid nitrogen.
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Developer Q ENERGY has inaugurated a seventh wind farm in Biesles, Haute-Marne, with Velto Renewables acquiring a 50% ownership stake.
French start-up Wind fisher unveils a pioneering airborne wind system capable of producing twice as much electricity as a ground-based turbine by tapping into powerful winds above 300 metres.

Boralex secures 125 MW in France’s PPE2 wind tender

The Canadian energy producer led the tenth wind tender launched by the CRE, with two projects representing 13% of the allocated capacity, strengthening its strategic position in the French market.
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The European Commission has selected BW Ideol’s Fos3F project for a grant of up to €74mn, targeting the construction of a concrete floater plant for floating wind turbines at the industrial site of Fos-sur-Mer.
Canadian company Boralex reported a net loss of CAD30mn in the third quarter, impacted by lower electricity prices in France and adverse weather conditions in North America.