China has announced a breakthrough in nuclear technology, successfully converting thorium into uranium fuel inside a working molten salt reactor (MSR). The achievement confirms that thorium, a metal several times more abundant than uranium, can be transformed into usable fuel within an operational system. The development gives China a lead in next-generation nuclear power. Its…
Global corporate funding in the energy storage sector fell 36% year-over-year to $11.2 billion across 85 deals in the first nine months of 2025, down from $17.6 billion in 2024, according to Mercom Capital Group. Venture capital (VC) investment rose slightly to $2.8 billion across 56 deals, led by $1.1 billion in funding for materials…
The United Kingdom has surpassed 20 GW of installed solar capacity, adding 1.4 GW since January 2025, according to provisional data from the Department of Energy Security and Net Zero (DESNZ). The 373 MW Cleve Hill project, commissioned in July, became the country’s largest solar plant. Ground-mounted and standalone systems now account for about 40%…
Amazon has added almost 1 GW of clean energy to European grids through 20 new renewable projects launched in 2025. Developed with 12 energy partners, the projects span Spain, Italy, Poland, Germany, and Greece. Together, they can power over 700,000 homes each year. Amazon now supports more than 230 renewable projects in Europe, mainly through…
Australia will introduce a new programme next year that will allow households to access three hours of free solar electricity each day. The initiative, called the Solar Sharer scheme, was announced by Energy Minister Chris Bowen and will initially roll out in New South Wales and South Australia before possible expansion to other regions. Bowen…
RWE has started building Germany’s largest battery energy storage facility at its Gundremmingen site in Bavaria, marking a major step in the company’s plan to repurpose former nuclear power sites for renewable energy use. The 400MW facility, with a total storage capacity of 700MWh, will use the existing grid infrastructure of the decommissioned Gundremmingen nuclear…
France will provide $550 million to help Vietnam expand clean energy and low-emission transport projects, reinforcing bilateral cooperation under the Just Energy Transition Partnership (JETP). The announcement was made by French Ambassador Olivier Brochet at an event in Hanoi on October 24, marking three decades of the French Development Agency (AFD) in Vietnam. Ambassador Brochet…
Saudi Arabia’s Power Procurement Company (SPPC) has awarded five renewable energy projects with a combined capacity of 4.5 GW under the sixth phase of the National Renewable Energy Programme (NREP). Supervised by the Ministry of Energy, the projects include one wind and four solar plants, representing total investments of more than $2.4 billion. SPPC will…
Tenaga Nasional Berhad (TNB) has signed a memorandum of understanding (MoU) with the State Grid Corporation of China (SGCC), through its subsidiary China Electric Power Equipment and Technology (CET), to support Malaysia’s grid modernisation. The partnership will focus on power system planning and integration, development of smart and resilient networks, and adoption of digital and…
RWE has completed the demolition of two cooling towers at the Gundremmingen nuclear power plant in Bavaria on 25 October, marking a key step in its decommissioning. Specialists from a German blasting firm carried out the operation using 600 kilograms of explosives in 1,800 boreholes. About 56,000 tonnes of debris will be processed into recycled…