Whirlpool

Israeli firm nT-Tao and Ben-Gurion University have developed a nonlinear control system that improves energy stability in fusion plasmas, strengthening the technical foundation of their future compact reactors.
The Indian government has introduced a bill allowing private companies to build and operate nuclear power plants, ending a state monopoly in place for over five decades.

National Fuel raises $350mn through private placement to fund strategic acquisition

National Fuel has secured $350mn in a private placement of common stock with accredited investors to support the acquisition of CenterPoint’s regulated gas business in Ohio.
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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.
Lummus Technology and Advanced Ionics have started construction of a pilot unit in Pasadena to test a new high-efficiency electrolysis technology, marking a step toward large-scale green hydrogen production.

Natura launches DOE authorisation process for its MSR-1 reactor in Texas

Natura Resources enters a new regulatory phase for its molten salt reactor MSR-1, following the signing of a framework agreement with the US Department of Energy under the Reactor Pilot Program.
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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.
Xcel Energy initiates three public tender offers totalling $345mn on mortgage bonds issued by Northern States Power Company to optimise its long-term debt structure.

Phillips 66 sets $2.4bn investment budget for 2026

The US energy group plans to allocate $1.3bn to growth and $1.1bn to asset maintenance, with a specific focus on natural gas liquids and refining projects.
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Venezuelan state oil group PDVSA claims it was targeted by a cyberattack attributed to foreign interests, with no impact on main operations, amid rising tensions with the United States.
EDF power solutions announces commercial operation of the San Kraal wind farm, the first unit of the 420MW Koruson 1 project, with full commissioning expected in early 2026.

Umoyilanga hybrid project reaches major milestone with Dassiesridge plant commissioning

EDF power solutions' Umoyilanga energy project has entered provisional operation with the Dassiesridge wind plant, marking a key milestone in delivering dispatchable electricity to South Africa’s national grid.
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GTT appoints François Michel as CEO starting January 5, separating governance roles after strong revenue and profit growth in 2024.
BUTEC has finalised the financing of a 50 MW emergency power project in Burkina Faso, structured under a BOOT contract and backed by Banque Centrale Populaire Group.

BW Energy signs 10-year lease for Maromba B platform with MSFL

BW Energy has signed a long-term lease agreement with Minsheng Financial Leasing for its Maromba B platform, covering $274mn of the project’s CAPEX, with no payments due before first oil.
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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.
The United States is requesting a derogation from EU methane rules, citing the Union’s energy security needs and the technical limits of its liquefied natural gas export model.

Falcon completes SS2-1H well stimulation programme in the Beetaloo

Falcon Oil & Gas and its partner Tamboran have completed stimulation of the SS2-1H horizontal well in the Beetaloo Sub-basin, a key step ahead of initial production tests expected in early 2026.
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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.
The group has won a strategic project with operator Amprion to deploy five 50 MW batteries to ease pressure on the German power grid and optimise electricity transmission.
EDF commits to supply 33 MW of nuclear electricity to Verkor over 12 years, enabling the battery manufacturer to stabilise energy costs ahead of launching its first Gigafactory.
The full-scope simulator for the Lianjiang nuclear project has successfully passed factory acceptance testing, paving the way for its installation at the construction site in China's Guangdong province.

Denmark forms industrial alliance to prepare for a civil nuclear comeback

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.
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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.
Texas-based developer Natura Resources receives new federal funding to test key components of its 100-megawatt modular reactor in partnership with Oak Ridge National Laboratory.

Japan set to vote on partial restart of Kashiwazaki-Kariwa nuclear plant

The Niigata regional assembly is deliberating on restarting unit 6 of the world’s largest nuclear plant, thirteen years after operations ceased following the Fukushima disaster.
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Reactor Doel 2 was taken offline, becoming the fifth Belgian reactor to cease operations under the country’s gradual nuclear phase-out policy.
Rolls-Royce SMR has expanded its partnership with ÚJV Řež to accelerate the deployment of small modular reactors, targeting the construction of several units in the Czech Republic and abroad.

India prepares to open its nuclear sector to private players

The Indian government aims to amend legislation to allow private companies to participate in civil nuclear development, a move positioned as critical to achieving the country’s long-term energy targets.
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The VVER-1200 nuclear reactor at Xudabao 4 in China has completed installation of its final passive water tank, marking the end of modular construction for the second phase of the project.
Ottawa and Edmonton commit to a nuclear production roadmap by 2050, through a memorandum of understanding also covering carbon capture and an Indigenous-led pipeline project.

Niger challenges Orano by launching its uranium production on the international market

Niamey asserts control over its uranium resources by authorising open market sales of Somaïr’s production, formerly operated by France’s Orano, amid ongoing legal disputes.
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Equinix has signed a strategic agreement with French start-up Stellaria to reserve 500 MWe of advanced nuclear capacity to power its future European AI data centres starting in 2035.
Bishkek plans to host a RITM-200N small modular reactor supplied by Rosatom to address electricity shortages and deepen energy ties with Moscow, despite the risks posed by Western sanctions.

TEPCO could restart Kashiwazaki-Kariwa nuclear plant as early as January

The Niigata prefectural assembly will vote on the restart of Unit 6, potentially marking TEPCO’s first reactor relaunch since the 2011 Fukushima disaster.
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The Norwegian government has initiated a consultation with neighbouring countries on its modular nuclear power plant project in Aure and Heim, in accordance with the Espoo Convention.
Türkiye and South Korea have signed a memorandum of understanding to jointly explore nuclear power plant projects, marking a strategic step in the long-term development of Türkiye's energy infrastructure.

Asian Development Bank opens nuclear energy financing to developing countries

Asian Development Bank has amended its energy policy to enable funding for civil nuclear projects in developing member countries across the Asia-Pacific region.
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First Hydrogen begins research with the University of Alberta to identify molten-salt mixtures simulating nuclear fuels for SMR prototypes.
Framatome has completed the manufacturing of the first nuclear fuel assemblies for the Barakah power plant, marking a key milestone in the supply agreement signed with Emirates Nuclear Energy Company in July.