Energy & Environment

Shanghai – September 17, 2026 -- Shanghai Electric posted operating revenue of CNY 63.332 billion (USD 9.17 billion) in the first half of 2026, up 16.6% year-on-year, while net profit attributable to shareholders rose 18.2% to CNY 970 million (USD 140.49 million). New orders reached CNY 100.39 billion (USD 14.54 billion), extending the company's order backlog across energy equipment, industrial equipment and integrated services.

Energy Equipment segment drives growth with 21.4% revenue increase

The Energy Equipment segment generated CNY 36.558 billion (USD 5.29 billion) in revenue, up 21.4%, led by wind power and energy storage. Industrial Equipment revenue rose 1.9% to CNY 18.954 billion (USD 2.75 billion), supported by digital upgrades in machine tools, elevators and industrial components. Integrated Services revenue climbed 31.5% to CNY 10.862 billion (USD 1.57 billion) on supply chain coordination and full-lifecycle service work.

Allentown, Pa. – September 17, 2026 -- PPL Electric Utilities has filed a proposal with the Pennsylvania Public Utility Commission to create a new billing mechanism that would directly assign certain transmission network upgrade costs tied to large energy users, including data centers, to those specific customers rather than spreading them across its 1.5 million residential and business accounts.

New rider replaces existing transmission charge without adding fees

The proposed Customer Protection Transmission Rider (CPTR) would replace the utility's current Transmission Service Charge (TSC). PPL Electric says the change does not introduce a new charge but instead restructures how transmission costs are recovered, making them visible as a dedicated line item on customer bills rather than embedded within supply charges.

Oakland, Calif. – September 17, 2026 -- Vietnam Waste Solutions (VWS), the Vietnamese subsidiary of Oakland-based California Waste Solutions (CWS), has proposed a 50- to 60-megawatt waste-to-energy plant at its Da Phuoc Integrated Solid Waste Facility (DPI) outside Ho Chi Minh City, adding to roughly $200 million already invested in the site.

VWS proposes new power plant to expand Vietnam's largest engineered landfill

DPI, a 341-acre facility built in the mid-2000s to the U.S. Subtitle D standard, currently buries up to 6,500 tons of municipal solid waste daily -- about 2.4 million tons a year -- covering more than half of Ho Chi Minh City's household waste output of roughly 10,000 tons per day. VWS this year formally submitted the waste-to-energy proposal and is now moving through appraisal and permitting.

Houston – September 17, 2026 -- Hornbeck Offshore Services, Inc. (NYSE: HOS) said its subsidiary Helix Well Ops (U.K.) Limited has secured a multi-year decommissioning contract with a major North Sea operator, set to begin in the second quarter of 2027 with a firm two-year term and customer options to extend.

Contract covers riserless plug and abandonment work using purpose-built vessels

Hornbeck will perform the operations using either the Well Enhancer or Seawell, both riserless well intervention vessels. The award includes a fully integrated service package: vessel deployment, a Subsea Intervention Lubricator well access system, ROVs, saturation diving, and project management and engineering support delivered under a single contract.

Lakewood, Colo. – September 17, 2026 -- Uranium Royalty Corp. (NASDAQ: UROY) reported net income of $16.3 million for the three months ended July 31, 2026, a 1530% increase from $1.0 million a year earlier, as physical uranium sales funded its landmark Sweetwater acquisition.

UROY sells 593,255 pounds of U3O8 at $86.00 per pound, beating market average

The company generated $51.0 million in revenue from the sale, above the $85.45/lb average of UxC Historical Ux Daily Prices for the same period. Cost of sales totaled $34.1 million, or approximately $57.40/lb. Diluted earnings per share rose 900% to $0.10, compared with $0.01 in the prior-year quarter.

NEW YORK – September 17, 2026 -- Crude settled near $100 a barrel Friday after Iranian state media said Tehran would meet Gulf states in Oman to discuss the Strait of Hormuz, capping a second consecutive weekly gain despite the pullback. The International Energy Agency now forecasts global oil demand will fall by 2.5 million barrels a day in 2026, roughly 940,000 barrels a day deeper than its estimate a month earlier, while the U.S. Energy Information Administration raised its second-half 2026 Brent forecast by $8 to around $90 a barrel in its September 9 Short-Term Energy Outlook. OPEC cut its 2026 demand growth forecast for a fifth consecutive time.

Houston – September 17, 2026 -- ENGIE has won a 2026 Green Power Leadership Award for Market Innovation from the Center for Resource Solutions (CRS), recognizing its Energy+ 24/7 solution that matches renewable energy purchases to customers' hourly electricity consumption rather than annual totals.

ENGIE's Energy+ 24/7 platform introduces "temporality" to renewable procurement standards

The award, granted in one of CRS's most competitive categories, credits ENGIE with building on established market principles of additionality and locationality by adding a time-matching dimension. The approach aims to demonstrate that clean energy generation aligns with the same hours it is consumed, giving corporate buyers granular visibility into when and where their renewable power originates.

Toronto – September 17, 2026 -- Global Battery Materials Corp. (GBM) has signed a non-binding Letter of Intent with South Korean battery manufacturer LiBEST to evaluate and potentially commercially supply natural graphite, coated spherical purified graphite (CSPG), and other anode materials sourced and processed entirely outside China.

LOI targets defence, AI infrastructure and EV supply chains

The agreement covers materials intended for energy storage, defence, AI infrastructure and electric vehicle applications, and is designed to support qualification pathways for GBM's anode materials across allied-government and defence-related supply chains. The LOI builds on a prior Memorandum of Understanding between the two companies that established a framework for battery materials testing, anode product development and participation in government programs.

Juno Beach, Fla. – September 17, 2026 -- NextEra Energy said it is targeting the high end of its 2026 adjusted earnings per share guidance range of $3.92 to $4.02, as senior executives prepare to meet investors through early October to detail growth prospects tied to its pending combination with Dominion Energy.

NextEra confirms 8%+ annual EPS growth through 2032 off a $3.71 base

The Juno Beach, Florida-based utility holding company reaffirmed a compound annual growth rate of 8%+ in adjusted earnings per share through 2032, using 2025 adjusted EPS of $3.71 as the baseline. NextEra said it is targeting the same 8%+ growth rate for the 2032-to-2035 period.

Dividend growth set at roughly 10% through 2026, then 6% through 2028

NextEra reiterated plans to grow dividends per share at approximately 10% annually through 2026, calculated off a 2024 base, before slowing to 6% per year from year-end 2026 through 2028.

West Valley City, Utah – September 17, 2026 -- Nusano has been selected by the National Reactor Innovation Center (NRIC) and the U.S. Department of Energy to develop a direct metallization production line for HALEU nuclear fuel capable of generating 5.9 metric tons per unit annually, with the first unit slated for 2031.

DOE selects Nusano for Nuclear Energy Launch Pad Program

The selection grants Nusano access to DOE authorization processes, national laboratory expertise, infrastructure and technical resources under the Launch Pad initiative, a federal program designed to move advanced nuclear technologies from concept to commercial deployment.