Chemistry

ExxonMobil joins a Greek energy consortium to explore a gas field in the Ionian Sea, strengthening its presence in the Eastern Mediterranean after Chevron, amid post-Russian energy diversification efforts.
French nuclear group Orano has confirmed the release of its representative in Niger, detained since May, as tensions remain high with the country’s junta over control of uranium assets.

French consortium invests €7.3mn in offshore superconductivity project

A pilot project backed by the state aims to modernise electricity transport between offshore wind farms and the mainland grid using superconducting cables cooled with liquid nitrogen.
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The Danish wind turbine manufacturer doubled its net profit in the third quarter despite complex market conditions, supported by increased onshore deliveries and order growth.
EDF launches a sovereign digital platform to secure data exchanges between nuclear stakeholders, aiming to accelerate the construction of future EPR2 reactors.

China could reach its CO2 emissions peak around 2028, experts say

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.
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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.
Engie maintains its 2025 earnings guidance despite falling energy prices and weaker hydro output, relying on its performance plan and a stronger expected fourth quarter.

Mitsubishi Gas Chemical secures 1mn tonnes of low-carbon methanol from Transition Industries

Transition Industries signed a long-term purchase agreement with Mitsubishi Gas Chemical for the annual supply of 1mn tonnes of ultra-low carbon methanol starting in 2029, from its Pacifico Mexinol project in Mexico.
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Developer Headwater Energy secured $144mn in financing arranged by BridgePeak Energy Capital to build a 112.5MW solar plant, expanding its portfolio in the southeastern United States.
The funding round led by Trident Ridge and Pelion Ventures will allow Creekstone Energy to launch construction of its hybrid-generation site designed for AI-optimised data centres.

ONE Nuclear outlines its strategy ahead of expected 2026 public listing

ONE Nuclear Energy publishes a virtual presentation for investors detailing its industrial vision, ahead of its merger with Hennessy Capital Investment Corp. VII expected in the first half of 2026.
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Pembina Pipeline Corporation and PETRONAS have signed a long-term agreement securing 1 million tonnes per year of liquefaction capacity at Canada's Cedar LNG terminal, reinforcing their positions in the global liquefied natural gas market.
A majority of Americans now back nuclear energy, with strong approval for converting coal plants into nuclear sites and increasing public investment in sector technologies.

NG Energy reaches 40 MMcf/d gas output in Colombia through Aruchara-4 and Sinú-9 wells

NG Energy boosts its gas production in Colombia to 40 MMcf/d, with projected sales above $11.00 per MMBtu and expected profitability in Q4 2025.
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Thermal Energy International has won two new turnkey projects worth a total of CAD1.5mn ($1.09mn) from a global nutrition group, strengthening a collaboration initiated in 2019.
Plus Power secured $160mn in tax equity investments from Morgan Stanley to fund two battery storage facilities in Massachusetts and Maine, the largest ever developed in New England.

Alfa Laval strengthens its partnership with EDF for six new EPR2 reactors

Alfa Laval extends its cooperation with EDF to supply heat exchangers for EPR2 projects across three nuclear sites, reinforcing its position in the French nuclear sector.
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Norwegian group Nel ASA has received a firm order worth over $50mn to supply its PEM electrolysers for two green hydrogen production units in Florø and Eigersund.
Chinese manufacturer Pylontech strengthens its international investment strategy by launching a local entity in Australia to accelerate the deployment of its energy storage solutions.
Sweden's Minesto begins a SEK25mn ($2.26mn) tidal microgrid project in the Faroe Islands, targeting integration with local applications such as electric vehicle charging and industrial processes.
The Grand Renaissance Dam, set to be inaugurated in September, aims to produce 5,000 megawatts and could generate up to $1 billion per year for Ethiopia, according to the government.

Paris and Brussels reach agreement to unlock hydroelectric investment in France

A principle agreement between Paris and Brussels opens the way to reforming the legal framework of hydroelectric concessions in France, ending a deadlock that lasted over ten years.
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Swedish company Eco Wave Power has completed testing of its technology at the Port of Los Angeles, reaching a tangible milestone with the launch of its floaters to generate electricity from waves.
Georgia Power continues technical upgrades at several hydroelectric plants in Georgia, with approval from the public regulator, to ensure the reliability of the state’s electricity grid.

Brazil Mobilizes $1 Billion for 65 Hydropower Plants

A landmark auction in Brazil allocates 815 MW to medium-sized hydroelectric plants, with grid injection scheduled from 2030.
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ISDN Holdings strengthens its position in Indonesia by acquiring a majority stake in PT Funda, integrating hydropower capabilities across the entire project lifecycle and consolidating its renewable energy investments.
The Port of Suao becomes the first site in Taiwan open to commercial testing of wave energy production, following the allocation of Lot C to I-KE International Ocean Energy Co., partner of Eco Wave Power.

Eco Wave Power Expands Global Presence Despite Rising Mid-Year Losses

With active projects across four continents and strong liquidity, Eco Wave Power accelerates its expansion strategy while absorbing a rise in operational costs in H1 2025.
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Eco Wave Power has completed the full installation of its wave energy system at the Port of Los Angeles, paving the way for initial operational tests scheduled for September.
A 60-gigawatt hydropower dam under construction in Tibet will increase national capacity by 16%, with an estimated cost of $167bn supported by a new state entity.

Eco Wave Power installs its first wave energy floaters at the Port of Los Angeles

Eco Wave Power has completed the installation of floaters for its pilot project in Los Angeles, marking a strategic milestone in the validation and commercialisation of its wave energy technology in the US market.
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Brookfield Renewable announces an investment of up to $1 billion to increase its stake in the Colombian energy company Isagen to 38%. Qatar Investment Authority (QIA) is also co-investing to raise its stake to 15%.
Beijing has launched the construction of a colossal dam on the Yarlung Tsangpo, with $167.1bn in public investment, drawing attention from New Delhi and downstream states.

Brookfield signs 3,000 MW agreement with Google for hydropower in the United States

Brookfield and Google formalise an unprecedented framework agreement to supply up to 3,000 MW of hydropower, with initial contracts worth more than $3 billion for facilities in Pennsylvania.
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Eco Wave Power Global AB announces the completion of floaters manufacturing for its first American pilot plant, marking a major step towards the imminent deployment of wave energy at the Port of Los Angeles.
Eco Wave Power Global AB joins a consortium funded with €2.45mn by the European Interreg Atlantic Area programme to accelerate commercial implementation of wave energy technologies in Atlantic coastal regions.

Minesto completes reorganization to optimize costs and prepare for commercial projects

Minesto has completed a reorganization that led to a 35% reduction in fixed costs and a focus on its future commercial projects. This reorganization includes geographical streamlining, a new management team, and a realignment of product development priorities.
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Eco Wave Power shareholders approve renewed authorization to repurchase American Depositary Shares representing up to 10% of the company's total share capital, during the 2025 Annual General Meeting held in Stockholm, Sweden.
Proteus Marine Renewables' AR1100 tidal turbine, with a capacity of 1.1MW, obtains official Japanese certification and starts supplying electricity to the national grid after meeting stringent safety and reliability standards.