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Energy Industry News
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METLEN (LSE: MTLN) fires up 49.9MW Protos waste-to-energy plant in Cheshire
METLEN has completed first fire on waste at the 49.9 MW Protos Energy Recovery Facility in Cheshire, moving the 500,000-tonne-a-year project into final hot commissioning.
August 25, 2026
Saipem wins $1.8bn Middle East offshore EPCI contract as backlog stays near €30bn
Saipem has secured a $1.8 billion Middle East offshore EPCI contract covering offshore and subsea infrastructure, adding a major award to a backlog already approaching €30 billion.
August 25, 2026
Can Suzlon convert a 1,325 MW Andhra pipeline into higher-margin execution?
Suzlon has announced a ₹10,000 crore Andhra Pradesh wind-development programme covering 1,325 MW in Anantapur, while a new S144 blade manufacturing line is scheduled to be inaugurated as the group targets another 5 GW in the state by 2030.
August 25, 2026
OPC Energy profit surges as 7GW project pipeline targets US data-centre demand
OPC Energy’s Q2 EBITDA rose 46% and adjusted profit jumped 580%, but first-half free cash flow fell sharply as the company funds a multibillion-dollar US and Israeli power expansion.
August 25, 2026
nVent to acquire Maverick Power for $1.75bn as AI data-center infrastructure push accelerates
nVent is buying Maverick Power for $1.75B to expand its AI data-center power platform, with another $550M tied to future performance.
August 24, 2026
Jade Gas (ASX: JGH) files TTCBM development plan as 502km² licence takes shape
Jade Gas has submitted the TTCBM development plan and agreed a 502km² production-licence area covering about 80% of its Mongolian exploration tenure, pushing the project closer to commercial gas development.
August 24, 2026
Comet Ridge (ASX: COI) takes 100% of Mahalo as Santos exit clears path to FID
Comet Ridge has completed the purchase of Santos’ 42.86% Mahalo stake, giving it full ownership and operatorship of a gas portfolio containing 361 PJ of 2P reserves, but also full responsibility for taking the development toward FID.
August 24, 2026
BPCL (NSE: BPCL) clears Rs 5,000cr debt raise after Rs 3,962cr Q1 loss
Bharat Petroleum Corporation has authorised up to ₹5,000 crore of secured or unsecured NCDs in as many as 10 tranches over one year, following a difficult Q1 FY27 marked by a ₹3,962 crore standalone loss.
August 24, 2026
Quality Power (NSE: QPOWER) carries Rs 1,900cr backlog into ₹315 crore M&A
Quality Power Electrical Equipments has a roughly ₹1,900 crore order book and Q1 FY27 PAT of ₹46.72 crore while advancing a ₹315 crore acquisition of Winwin Speciality Insulators and new high-voltage manufacturing capacity.
August 24, 2026
Bajel Projects (NSE: BAJEL) JV wins 270km Gujarat grid link tied to 14GW power
AnantGrid Projects One has won a 270-kilometre 765 kV transmission scheme designed around evacuation from 14 GW of generation, giving Bajel exposure to a new asset-development model beyond conventional EPC work.
August 24, 2026