Friday, 4 September 2026

Siemens Energy has announced plans to separate its Transformation of Industry division, the unit that contains its electrolyzer operations, according to Hydrogen Fuel News.

The carve-out creates a standalone company holding steam turbines and compressors alongside PEM electrolyzers, which split water into hydrogen and oxygen, Hydrogen Fuel News reported.

Grouping rotating equipment with electrolysis hardware places the hydrogen product line inside a business whose other products serve established industrial markets. Hydrogen Fuel News described the electrolyzer operations as part of the division targeted for the spin-off.

DNO ASA said on 4 September 2026 that it will not make an offer to acquire Genel Energy plc, closing a month-old approach, according to a company announcement carried by GlobeNewswire.

The Norwegian company had flagged a possible offer for Genel Energy plc in a statement issued on 7 August 2026. The 4 September announcement refers back to that earlier statement and rules out the transaction.

DNO ASA describes itself as a Norwegian oil and gas operator active in the North Sea, the Middle East and West Africa.

Inox Solar Americas has signed a supply agreement covering 767 MW of photovoltaic module production with a U.S. renewable energy developer and independent power producer that was not named, according to Solar Builder.

The modules go to three utility-scale solar projects split between North Carolina and Texas, Solar Builder reported. The 767 MW figure covers that combined portfolio.

Deliveries start in 2027, according to Solar Builder, and will use the company's Vega Series bifacial modules.

The agreement follows Inox's purchase of Boviet Solar's U.S. manufacturing assets in North Carolina in May. That deal brought 3 GW of annual module manufacturing capacity plus a further 3 GW of planned capacity, according to Solar Builder. The North Carolina projects covered by the new contract therefore sit in the same state as the acquired production base.

At 767 MW, the order draws on a fraction of the 3 GW of installed annual capacity Inox picked up in the May transaction, leaving room for additional contracts before the planned second 3 GW tranche comes online.