Energy News and Headlines
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Tuesday recap
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Every morning
Weekly
Tuesday recap
BP announced suspension of its share buyback program and raised its cost‑cutting target by $1.5 billion, aiming for $5.5‑$6.5 billion of savings by 2027 to fund oil production. The move follows a turbulent year that saw the ouster of CEO Murray Auchincloss and the appointment of Woodside’s Meg O'Neill as the new chief executive in April. Analysts view the shift as a retreat from the 2020 green‑energy strategy, with renewable spending cut by more than $5 billion. The news sent BP shares down 5.2% and nudged the FTSE lower.
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Ener‑G‑Africa inaugurated a solar‑panel assembly plant in Paarl, Western Cape, with an annual capacity of about 150 MW, capable of producing panels from 5 W to 620 W. The facility differentiates itself through a locally trained, all‑female workforce and a focus on the...
New Jersey Governor Mikie Sherrill has signed executive orders to speed residential and community solar permitting, pause utility rate hikes, and modernize methane‑fired plants as utility bills climb about a third in two years. The state is leveraging roughly $1.1 billion...
EKO Instruments USA has introduced a U.S.-based pyranometer calibration service using its new Indoor Calibration Facility (ICF‑02). The automated system meets ISO 9847:2023 and IEC 61724‑1:2021 standards, offering faster turnaround, lower cost, and traceable accuracy for utility‑scale, commercial, and industrial solar projects....
Earthlight Technologies installed a 300‑kW solar carport at Lynch Toyota in Manchester, Connecticut. The project was financed through Commercial Property Assessed Clean Energy (C‑PACE) with backing from the Connecticut Green Bank. The dealership expects the solar canopy to lower operating...
Russia’s Baltic Sea ports are encased in the thickest ice in 15 years, forcing non‑ice‑class vessels to wait for ice‑breaker escorts. The ice surge has already cut oil exports from Primorsk by roughly one‑third, and waiting times for convoys have...
French authorities released the oil tanker GRINCH after its owner paid a multi‑million‑euro penalty for sanctions evasion. The vessel, seized in the Alboran Sea in January, was suspected of operating under a false Comoros flag as part of Russia’s shadow...
Researchers at the Karlsruhe Institute of Technology (KIT) set a new runtime record for a compressor‑less hydrogen gas turbine, operating for 303 seconds and surpassing NASA’s 250‑second benchmark. The turbine employs pressure‑gain combustion, eliminating the mechanical compressor that normally consumes...
The IMO Pollution Prevention and Response Sub‑Committee (PPR 13) in London signaled a shift from static emissions limits to performance‑based metrics that evaluate how ships are operated throughout their lifecycle. Discussions highlighted tighter scrutiny of biofouling, Arctic black‑carbon emissions, scrubber wash‑water...
Portland General Electric (PGE) and Manulife Investment Management have completed a $1.9 billion cash purchase of PacifiCorp's Washington state electricity assets. The transaction was overseen by law firms Latham & Watkins and Simpson Thacher & Bartlett. Closing was announced on Tuesday, marking a significant...
Global demand for copper, driven by AI, renewable energy and electric vehicles, is spurring a rapid expansion of Zambia’s mining sector. Since 2022, more than $12 billion has been poured into the industry, lifting 2024 output by roughly eight percent to...
UL Solutions has introduced a new certification program that establishes the first industry‑wide cybersecurity baseline for distributed energy resources (DER) and inverter‑based devices. The program follows UL 2941, a standard covering access management, cryptography, and data handling, and complements the existing...
Roofit.Solar launched its building‑integrated photovoltaic (BIPV) line in the United States with a 12.32 kW Velario system installed on a residence in Kalamazoo, Michigan, by Agathon Solar. The project marks the first U.S. deployment of Roofit.Solar’s metal‑sheet‑based BIPV, a technology already...
Ameresco partnered with Luminace to finish a 5.74‑MW solar farm on the capped Coventry Landfill in Rhode Island. The project, built on a CERCLA‑designated brownfield, converts previously idle land into a clean‑energy source. It is projected to generate about $4.4 million...
Nextpower has signed a multi‑year agreement to supply Jinko Solar (U.S.) with more than 1 GW of steel frames, scalable to 3 GW over three years, for the Jacksonville, Florida, module assembly line slated for mid‑2026. The deal adds 6 % domestic content...
Venture capital is moving into traditionally “hard” sectors—government, defence, energy, manufacturing—after years of avoidance. Rapid growth in public‑sector tech spending, which more than doubled between 2021 and 2025, and the rise of AI‑first solutions are reshaping procurement cycles and lowering...
India’s data‑centre market is expanding rapidly, with annual capacity additions of about 0.5 GW. Today, data centres already draw up to 15% of local grid capacity and could consume 30‑35% by 2030. Roughly one‑third of the power comes from renewable PPAs,...
PLP and FulcrumAir have launched a multi‑year strategic partnership to co‑develop next‑generation robotic installation systems for overhead power line construction. The collaboration builds on prior joint products such as the LineSpider™ and LineFly™ robots, aiming to boost efficiency, safety, and...
American Steel and Aluminum (ASA) has launched a domestically produced steel ground screw for solar project foundations, manufactured in New England with a fully traceable supply chain. The product is slated for the 2026 construction season and is compatible with...
The Penn LNG export terminal in eastern Pennsylvania appears increasingly unlikely after the project's developer dissolved its corporate entity, halting any progress. Despite earlier claims that the project was still advancing, no permits, financing, or construction milestones have materialized. The...
PNE AG’s digital power‑marketing platform Wattmate recorded a strong 2025 debut, marketing 80 wind, solar and battery storage projects totaling roughly 1.1 GW of capacity. The platform tackles growing market complexity by offering project‑specific, cross‑technology marketing and integrates power purchase agreements, system...
New South Wales announced an additional firmed generation tender to address projected capacity shortfalls as coal plants retire. The state already completed six LTESA and REZ tenders, with Tender 6 delivering a landmark 300 MW battery project. Tender 7, launched in October, seeks...
Solar Power World has opened applications for its 15th anniversary Top Solar Contractors List, with submissions accepted through May 22, 2026. The ranking will be based on kilowatt capacity installed in 2025 across utility, commercial, community, and residential markets, and will also...
AI’s expanding power appetite is quietly reshaping freight demand, especially for transport providers serving the oil‑and‑gas sector. Pinch Transport’s flatbed less‑than‑truckload network moves pipe, tanks and heavy equipment across U.S. and Canadian basins, with volumes tied to crude‑price cycles rather...
Australia set new renewable records in Q4 2025, adding 2.1 GW of wind and solar capacity and 1 GW of battery storage. The Clean Energy Council reports that renewables supplied 51% of NEM electricity and peaked at 77% during January heatwaves. By...
Buccaneer Energy completed an organic oil recovery (OOR) pilot at its Pine Mills field in East Texas, treating one water injector and two producing wells. Post‑treatment production in the pilot zone rose from roughly 15 barrels per day to about 30...
A South African Energy Traders Association (SAETA) report declares the unbundling of Eskom Holdings the most consequential economic reform since the end of apartheid in 1994. The study, titled “Policy to power: 10 actions to deliver green, accessible and secure electricity,”...
BHP’s half‑year report highlighted renewable energy and battery projects, yet mentioned decarbonisation fewer times. Copper revenue now accounts for 51% of underlying EBITDA, driven by soaring copper and iron‑ore prices. The miner projects data‑centre copper demand could reach 3 million tonnes...
The U.S. Energy Information Administration’s February short‑term energy outlook projects total U.S. crude oil production, including lease condensate, to fall from an average of 13.60 million barrels per day in 2026 to 13.32 million barrels per day in 2027. The decline is...
India’s Ministry of Petroleum and Natural Gas wrapped up the two‑week Saksham 2026 campaign in Chandigarh, drawing wide participation across Punjab and the city. The initiative, led by public‑sector oil and gas firms, promoted fuel conservation and energy‑efficient appliances through walk‑athons,...
The Women in Energy Storage Network (WinES), founded in 2024, now serves over 1,600 members across the UK’s fast‑growing energy‑storage sector. It earned the 2025 Diversity and Inclusion Award, highlighting its role in elevating female talent. WinES will host a...
Researchers introduced a one‑step electrodeposition method that creates NiCo‑LDH nanosheet arrays featuring simultaneous composition and channel‑size gradients. The dual‑gradient architecture dramatically improves intrinsic electrical conductivity, cycling stability, and self‑discharge resistance. Electrochemical testing shows 2200 F g⁻¹ at 1 A g⁻¹, 88% capacity retention after...
Cameco (CCJ) has surged 136% over the past year, outpacing the broader energy sector as uranium demand rebounds. The company posted Q4 2025 earnings of $0.36 EPS and $875 million revenue, both beating analyst forecasts. Its disciplined contracting strategy secured roughly...
Researchers introduced a dual‑engineering approach that combines polymer encapsulation with a wavy graphene oxide substrate to produce cobalt single‑atom catalysts derived from MOFs. The polymer layer generates mesopores, while the curved graphene modulates the Co‑Nx coordination, creating defect‑rich Co‑N3 sites....
Diamond Power Infrastructure (DICABS) posted a net profit of ₹50 crore in the December quarter, an eight‑fold increase from the same period last year. Revenue surged 54 percent to ₹474 crore, driven by higher capacity utilization and premium EHV cable sales. The firm...
India’s government announced a target of up to $200 billion in data‑centre investments to turn the country into a world‑class AI data hub. Minister Ashwini Vaishnaw said the plan covers all five layers of the AI technology stack and aims to...
Grenergy has secured a 10‑year financial tolling agreement for its 150 MW/600 MWh standalone battery in Oviedo, Spain’s largest announced storage project. The deal, signed with an investment‑grade international utility, takes effect in January 2028 while Grenergy will continue to operate the...
Eterna Plc announced the rollout of self‑service fuel terminals across its retail network, powered by Fuelmetrics Limited’s smart automation platform. The new stations allow motorists to pay with cards or digital vouchers, cutting queues, cash handling and human error. Corporate...
Zelestra has begun building the 9.5 MW Bellomo agrivoltaic solar plant in Modica, Sicily, under a 10‑year power purchase agreement with Swiss utility BKW that also covers the 6.5 MW Ginosa facility already operating in Puglia. More than 80% of the fenced...
A ceasefire would only mark the start of Ukraine’s energy crisis, as the war has left the power grid in ruins. Experts estimate at least three years of scheduled blackouts, with a 6‑hour on/4‑hour off cycle becoming the norm. Damage...
Kenyan e‑mobility startup Arc Ride has secured a $5 million equity commitment from the International Finance Corporation to fuel its Series A round and regional rollout. The funding will accelerate the deployment of battery‑swapping stations across East Africa, complementing earlier debt deals...
Lyra Energy, a joint venture between Scatec ASA, Standard Bank and Stanlib, signed power purchase agreements with three corporate off‑takers for most of its inaugural 255 MW Thakadu solar project in South Africa. The plant will be built in two phases,...
NKT has inked a €6 billion long‑term agreement with Polish miner KGHM to secure copper supplies through 2036, extending their existing partnership by nine years. The contract covers copper needed for NKT’s power‑cable production as it scales up to meet rising...
CleanMax Enviro Energy Solutions announced a ₹3,100 crore IPO opening on Feb 23, with a price band of ₹1,000‑1,053 per share that values the company at up to ₹12,325 crore. The issue includes a ₹1,200 crore fresh issue and a ₹1,900 crore offer‑for‑sale by promoters,...
Renvolt, the EPC arm of Voltalia, has secured a turnkey contract to build the 124.2 MW Wexford Hub solar project in County Wexford, Ireland. The award deepens its partnership with the Irish utility ESB, which previously granted contracts for the 43.7 MW...
Guatemala’s Generation Expansion Plan 5 (PEG‑5) tender attracted 51 bidders submitting nearly 4.7 GW of capacity, more than three times the 1.4 GW the government sought. About 2 GW of the offers are solar, including hybrid projects with storage, while roughly 700 MW are natural‑gas‑fired...
Australian Vanadium Limited has formed an exclusive partnership with Japan’s Sumitomo Electric to compete for Western Australia’s AU$150 million, 500 MWh Kalgoorlie vanadium flow‑battery project. The deal makes Sumitomo the sole provider of its flow‑battery technology, engineering services and technical support for...
Yanmar Power Solutions, a Yanmar Holdings subsidiary, will construct an 8,000 m² factory on a 33,898 m² site in Amagasaki, Hyogo, to conduct test runs of marine hydrogen engines. Operations are slated to begin in March 2029, complementing the company’s recent ClassNK type‑approval...
The International Energy Agency’s 2026 State of Energy Innovation report shows that energy security has become the primary catalyst for new technologies, eclipsing affordability and emissions concerns. Energy patents now cover roughly one‑tenth of all global filings, with batteries alone...
Three of Siemens Energy’s largest shareholders are urging the company to focus on stabilising its loss‑making wind turbine unit, Siemens Gamesa, before considering any spin‑off. The call follows activist investor Ananym Capital’s proposal to separate Gamesa, which it values at...
