Energy, Utilities & Environment

Energy Fuels Posts $52.4M Q3 Loss as ASM Closes, VAC Deal Nears

Image
Energy Fuels Posts $52.4M Q3 Loss as ASM Closes, VAC Deal Nears

DENVER – November 04, 2026 -- Energy Fuels reported a third-quarter net loss of $52.4 million ($0.20 per share) on revenue of $29.2 million, as $35.3 million of non-cash mark-to-market losses on its securities portfolio outweighed a profitable uranium segment. The company closed its acquisition of Australian Strategic Materials (ASM) in August and expects to close the Vacuumschmelze (VAC) deal in early 2027.

Uranium prices rise for a third straight quarter

Energy Fuels sold 320,000 pounds of U3O8 at a weighted average realized price of $88.90 per pound, generating $28.4 million in uranium revenue. Long-term contracts accounted for 270,000 pounds at $88.79 per pound ($24.0 million). Spot sales totaled 50,000 pounds at $89.50 per pound ($4.5 million). The realized price rose 10% from Q2 and 27% from Q1, while operating costs per pound and cost of goods sold held steady. The uranium segment was profitable for the third consecutive quarter.

Denison Phoenix ISR Mine 24% Built; 2026 Capex Forecast $278.6M

Image
Denison Phoenix ISR Mine 24% Built; 2026 Capex Forecast $278.6M

TORONTO – November 04, 2026 -- Denison Mines Corp. (TSX: DML; NYSE American: DNN) estimates 2026 expenditures at its Phoenix in-situ recovery (ISR) uranium mine at C$278.6 million, after its first quarter of full-scale construction left the project about 24% complete as of September 30, 2026. The company still targets first production in the second half of 2028.

Phoenix spending reaches C$161.1 million year to date

Year-to-date Phoenix expenditures totaled C$161.1 million, including C$105.0 million on construction and construction indirect costs and C$39.0 million on procurement of equipment and materials. Life-to-date procurement spending stands at about C$56.8 million.

For the fourth quarter of 2026, Denison forecasts C$39.9 million in procurement payments, C$68.5 million in construction and construction indirect costs, and C$9.1 million in engineering, PCM and owner's costs.

AlphaESS Holds BNEF Tier 1 Status as Bankability Bar Rises

Image
AlphaESS Holds BNEF Tier 1 Status as Bankability Bar Rises

Nantong – November 05, 2026 -- AlphaESS has retained its place on BloombergNEF's Tier 1 list of energy storage manufacturers for a fifth consecutive quarter, clearing a tougher bankability test introduced in the Q4 2026 ranking.

Under the revised criteria, equipment providers must show project experience backed by non-recourse financing from at least two commercial banks across eligible projects. For developers, investors and EPC partners, the listing serves as an additional reference when screening storage suppliers.

AlphaESS advances 200 MWh of European projects across three countries

The company's recent European developments in Lithuania, Austria and Germany total 200 MWh.

In Lithuania, a 120 MWh battery storage project built on the Aster 5000 system has passed its Factory Acceptance Test, and the equipment is ready for shipment.

Aker Solutions Wins Detail Design LOA for Qatar's Maydan Mahzam Field

OSLO – November 05, 2026 -- Aker Solutions has received a letter of award from PTSC Mechanical and Construction Limited Company (PTSC M&C) for a sizeable detail design contract on the Maydan Mahzam oil field redevelopment offshore Qatar. The company defines a sizeable contract as one valued between NOK 0.5 billion and NOK 1.5 billion.

Aker Solutions will design three topsides, four jackets and a brownfield tie-in

The scope covers detail design for several offshore installations within PTSC M&C's package: three major topsides, four jackets and brownfield tie-in work. Aker Solutions' engineering teams in Kuala Lumpur, Malaysia, and Mumbai, India, will execute the work.

Broco Energy Wins Two Five-Year Massachusetts Fuel Contracts

Image
Broco Energy Wins Two Five-Year Massachusetts Fuel Contracts

Boston – November 05, 2026 -- Broco Energy, a Massachusetts-based Veteran-Owned Small Business, has won two five-year statewide fuel contracts through the Commonwealth of Massachusetts, giving public buyers access to renewable diesel, biodiesel, heating oil and eligible liquid biofuel.

ENE53 and ENE58 split the awards between transport fuels and heating products

Contract ENE53 covers ultra-low sulfur diesel, biodiesel and renewable diesel. Contract ENE58 covers No. 2 heating oil and APS-eligible liquid biofuel.

Eligible municipalities, government agencies and other public entities across Massachusetts can buy under both contracts through the state's established procurement program.

Greasezilla Wins PVSC Contract for 15M-Gallon FOG System

Image
Greasezilla Wins PVSC Contract for 15M-Gallon FOG System

NEWARK – November 04, 2026 -- The Passaic Valley Sewerage Commission (PVSC) has selected Greasezilla to install a fats, oils and grease (FOG) separation and recovery system able to process up to 15 million gallons of hauled grease-trap waste a year, one of the largest such systems deployed in the United States.

PVSC picks Greasezilla after extensive review for Newark Bay plant

The system will be installed at PVSC's Newark Bay treatment facility. PVSC is designed for 330 million gallons per day (MGD) and averages roughly 226 MGD. It serves 48 municipalities across Bergen, Essex, Hudson, Passaic and Union counties in New Jersey. The utility said it ran an extensive review to find a high-volume solution for northern New Jersey's commercial FOG intake.

Germany's H2 Market Index Stalls at 41 of 100 Points in 2026

Berlin – November 04, 2026 -- Germany's hydrogen market index stands at 41 out of 100 points in 2026, unchanged from the previous year, and industry and energy-sector representatives see no noticeable revival of the market. The annual analysis, conducted since 2023, concludes that the hydrogen ramp-up has stalled despite progress on infrastructure and the further development of regulation.

Infrastructure is the only category to improve, rising to 36 points

Of the four main categories assessed, only infrastructure build-out gained in the rating. It reached 36 index points, up from 35 in 2025 and 24 in 2023. The authors report stronger upward trends in several sub-categories of the infrastructure index.

Hitachi Energy Named EAM Leader in ARC's 16-Supplier MarketMap

Image
Hitachi Energy Named EAM Leader in ARC's 16-Supplier MarketMap

Zurich – November 04, 2026 -- Hitachi Energy has been named a Leader in enterprise asset management (EAM) software by ARC Advisory Group, which assessed the top 16 EAM suppliers in its "ARC MarketMap for Enterprise Asset Management 2026." The company says the result reflects more than 40 years of EAM development for asset-intensive operations.

ARC cites utility focus and a large installed base as Hitachi Energy's strengths

ARC credits Hitachi Energy with industry expertise, an extensive installed base and continued investment in its portfolio. It also points to strong domain alignment with power utilities and grid infrastructure, backed by expertise in transformers, substations and high-voltage assets. According to ARC, the supplier's strength lies in combining operational technology depth with digital asset intelligence to support resilience, uptime and long-term infrastructure modernization.

Risen Energy Keeps BNEF Tier 1 Storage Rating All Four Quarters

Image
Risen Energy Keeps BNEF Tier 1 Storage Rating All Four Quarters

Ninghai, China – November 04, 2026 -- Risen Energy Energy Storage has held a place on BloombergNEF's Tier 1 list of energy storage manufacturers in all four quarters of 2026, after being listed again for Q4.

BNEF Tier 1 list serves as a reference for developers, owners, EPCs and financiers

According to the company, project developers, asset owners, EPC contractors and financiers use the BNEF Tier 1 list to evaluate storage manufacturers and select technology partners. Risen Energy cites four consecutive quarterly listings as evidence of its market presence and project delivery record.

4S architecture and Risen Cloud platform anchor the technology offer

Risen Energy's 4S integrated system architecture is paired with the Risen Cloud intelligent energy management platform. The company says the combination covers system safety, operational efficiency and lifecycle management of storage assets through digital monitoring.

ISU, Ares Materials to Co-Develop Solid-State Battery Polymers

Plano – November 03, 2026 -- ISU Specialty Chemical and Ares Materials will jointly develop polymer materials for solid-state batteries, along with the AI tools used to optimize them. The deal pairs a lithium sulfide producer with 2025 revenue of about KRW 411.5 billion (US$290 million) and a materials-AI company based in Plano, Texas, and Guadalajara, Mexico.

Ares takes formulation and AI, ISU takes production and supply

Ares will develop the polymer formulations and the AI framework used to tune them against cell-level battery test data. ISU, a member of Korea's ISU Group, will contribute its specialty-chemical and lithium sulfide manufacturing and lead production and commercial supply.