
Flex to acquire Electrical Power Products for $1.1 billion
Flex Ltd. announced a definitive agreement to buy Electrical Power Products for about $1.1B in cash. The acquisition adds roughly $323M of annual revenue and delivers a mid‑to‑high‑teens EBITDA margin. Flex expects the transaction to be accretive to adjusted earnings per share in the first full fiscal year after closing.

Britain’s low‑carbon economy posted a record £77 billion turnover in 2024, a 12% jump and a 90% increase since 2015. Power generation – wind, solar, nuclear and carbon capture – contributed £33.6 billion, roughly 44% of sector revenue, while low‑emission transport surged to £11.6 billion, up over 30% year‑on‑year. Despite these gains, employment fell by about 13,000 jobs to 304,000 FTEs, reflecting a shift toward capital‑intensive activities. Growth remains uneven, with Scotland leading renewable turnover and Northern Ireland posting the fastest job‑growth rate.

The EPA’s own analysis shows that only 27 of the nation’s 219 coal‑fired power plants would need costly upgrades to meet the 2024 Mercury and Air Toxics Standards (MATS). Despite this, the Trump administration rolled back the stricter limits on...

Turkey is negotiating a $500 billion energy partnership with the United States that appears tied to a prospective purchase of Lockheed Martin F‑35 Lightning II fighter jets. The deal is expected to be formalised at the NATO summit in Ankara on 7–8 July, with...

CHART OF THE DAY: The cost of European CO2 allowances has fallen ~20% in recent days after several key countries asked Brussels for a reform. Italy has gone as far as asking the Emissions Trading Syste to be suspended. CO2...

SEB analysts warned that the oil market is jittery ahead of the weekend, with Brent crude hovering around $71 per barrel after trading in a $69.16‑$72.61 range. The report outlined four price scenarios, ranging from $55 to $150 per barrel,...

U.S. GAS inventories depleted much more slowly than normal for the time of year in the middle part of February, largely erasing the previous storage deficit and causing futures prices to slip below $3 per million British thermal units to...
Sunrun posted a blockbuster Q4 and full‑year 2025, with revenue soaring to $1.16 billion in the quarter and $2.96 billion for the year. Net income flipped to $449.9 million, erasing a multi‑billion‑dollar loss from 2024, and diluted EPS rose to $1.71. The company’s...
Researchers introduced a scalable organic‑inorganic hybrid protective layer of sulfonated poly(ether ether ketone) (SPEEK) and boron nitride nanosheets (BNNS) for aqueous Zn‑ion batteries. The SPEEK‑BNNS interface regulates Zn2+ transport, lowers migration barriers, and mechanically suppresses dendrite formation. In symmetric cells...

Tesla is expanding its energy portfolio worldwide. Supply Partners Group will begin distributing Tesla Powerwall units in Australia by mid‑March 2026, bolstering residential storage amid rebates and competitive pricing. In the United States, Tesla is advancing a $200 million Megapack Megafactory...

TGS has launched the Nigeria Laide multi‑client 3D seismic survey covering about 11,700 sq km in the eastern Niger Delta. The project, executed with NUPRC and SeaSeis Geophysical, uses the GeoStreamer dual‑sensor system and advanced broadband acquisition. It delivers data suitable for...
The China Nonferrous Metals Industry Association reported polysilicon operating rates fell to just 32% of capacity, extending an oversupply that pushed polysilicon prices lower and softened wafer prices across all grades. Wafer prices dropped 3‑8% after the Chinese New Year,...

Cheniere Marketing International, a subsidiary of Cheniere Energy, exercised its option to charter additional new‑build LNG carriers from Ocean Yield and NYK Line, potentially expanding its fleet to eight vessels. The optional ships will be built by Hyundai Heavy Industries...
Array Technologies posted Q4 2025 revenue of $226 million, an 18% YoY decline, while full‑year revenue jumped 40% to $1.28 billion. The company narrowed its net loss to $112 million but remained in the red, and its order backlog reached a record $2.2 billion. Guidance...

The crude tanker market is experiencing a sharp surge, with VLCC spot hires topping $200,000 per day and one‑year time‑charter equivalents reaching $135,000. Baltic Exchange data show composite VLCC rates near $169,000 daily, while International Seaways (INSW) reported Q4 2025...

European policy tools such as the TRQ, CBAM and the draft Industrial Accelerator Act are reviving investment in low‑emission steel, exemplified by ArcelorMittal’s €1.3 billion Dunkirk electric‑arc‑furnace slated for 2029. While earlier green‑hydrogen DRI projects have been delayed or scaled back,...

University of California, Riverside researchers deployed large‑language‑model agents as “virtual residents” to capture community sentiment on data‑center proposals early in the planning cycle. The AI agents consistently highlighted water consumption, utility costs and electricity demand as primary concerns, while identifying...

European Energy reported a robust 2025, with revenue surging to €766 million and EBITDA reaching €170 million. The firm expanded its battery energy storage systems pipeline from 2.4 GW to 7.4 GW and launched the world’s first large‑scale commercial e‑methanol plant in Denmark. Over...
Matador Resources reported Q4 2025 revenue of $850 million, down 12.6% YoY but beating consensus by 475 bps. Adjusted EPS reached $0.87, roughly 1,500 bps above forecasts, while production rose and midstream cash flow stayed strong. The company guided 2026 to 3% production...

Ricardo Valbuena’s second installment on asset integrity highlights two core pillars: people development and risk‑based inspection (RBI). He advocates establishing a structured inspector career ladder and supporting staff with API certifications to boost motivation, skills, and retention. The article also...
Phased‑array ultrasonic testing (PAUT) is being promoted as a replacement for radiographic testing (RT) in heat‑recovery steam generator (HRSG) pipe weld inspections. PAUT removes ionizing radiation exposure, delivers instant defect data, and allows real‑time welding adjustments. The technology shortens inspection...
The American Petroleum Institute’s Fall 2025 API Standards Conference, held November 9‑15 in Anaheim, convened the Committee on Refining Equipment to review and advance SCIMI initiatives. Six SCIMI standards were published in 2025, including addenda to RP 574, RP 580, RP 575 and RP 570,...

The article emphasizes that a structured inspection planning process, anchored by a risk‑based planning matrix, is essential for successful turnarounds (TAs). Developing a comprehensive Inspection Test Plan (ITP) early ensures clear communication of scope, methods, acceptance criteria, and hold points...

JLL’s new report warns that power reliability is eclipsing traditional location priorities in commercial real estate. Tenants in data centers, advanced manufacturing, labs and healthcare are willing to pay sizable rent premiums for sites with resilient energy supplies. The study...

In this episode, host Jonas interviews uranium expert Brandon Munro about Bannerman Resources' landmark deal with China National Nuclear Corporation (CNNC), which sees CNNC acquire a 43% stake in the Etango uranium project in Namibia. Munro explains the decade‑long journey,...

Eni’s chief executive Claudio Descalzi announced that, following a recent easing of U.S. sanctions, Venezuela can now settle its roughly $3 billion gas debt by delivering oil. The debt stems from gas supplied by the Perla offshore field, which Venezuela’s PDVSA...

Indigenous‑led Yindjibarndi Energy Corporation (YEC) has opened an expression of interest for commercial and industrial customers to purchase renewable electricity from its expanding Pilbara portfolio. Its flagship hybrid wind‑solar‑battery project, Baru Marnda, secured Strategic Project status and appears on the national...

Swiss data‑centre operator NTS Colocation and US startup Inlyte Energy are launching a pilot iron‑sodium battery system at NTS' Bern facility. The first phase will install 600 kWh by year‑end, forming part of a broader 2 MW deployment slated for 2028. The...
Malaysia’s TTVision Holdings Berhad will launch a joint‑venture manufacturing plant in India in the second half of 2026 to produce automated optical inspection and high‑speed processing systems for photovoltaic production lines. The facility will act as a localized integrator linking...
China’s Inner Mongolia region has commissioned a 300 MW/1,200 MWh hybrid battery energy storage system that blends lithium‑iron‑phosphate (LFP) modules with vanadium redox flow cells. The plant, located in the Kubuqi Desert, uses Sineng Electric’s grid‑forming converters to deliver rapid response, virtual...

Danske Commodities has secured a ten‑year optimisation agreement for the 400 MWh Windyhill battery energy storage system near Glasgow, marking its largest battery asset to date. The firm will deploy its fully automated algorithmic platform to capture revenue from wholesale electricity...

The UK Treasury is weighing an early repeal of the Energy Profits Levy, a windfall tax that now sits at a 78% headline rate on North Sea oil and gas. Ministers have been meeting industry groups to assess the impact...

TotalEnergies has signed a letter of intent with Glenfarne to purchase up to 2 million tons of LNG per year from the Alaska LNG project for 20 years, pending a final investment decision. The project is being built in two phases: a...
The Chinese Academy of Sciences has set a new world record for kesterite (CZTSSe) solar cells, achieving a 15.45% power conversion efficiency and a certified 15.04% efficiency. The breakthrough stems from an interfacial phase equilibrium strategy that introduces a lithium‑tin‑sulfide...

Saudi Aramco has begun gas production at Jafurah, the Middle East’s largest unconventional gas field, marking the first step toward a 2 billion cubic feet per day (Bcfpd) sales capacity by 2030. The field holds an estimated 229 trillion cubic feet of...

Seatrium has handed over a next‑generation wind turbine installation vessel (WTIV) to Maersk Offshore Wind after successful sea trials at its Singapore yard. The custom‑engineered ship boasts a 1,900‑tonne crane with a 180‑metre hook height, capable of installing 15 + MW turbines. It...
South Korea's Hanwha Aerospace has signed a sales and purchase agreement to buy 1.5 million tonnes per year of liquefied natural gas from U.S. exporter Venture Global, with deliveries slated to start in 2030 and run for 20 years. The deal...
Chinese researchers at Wuhan University of Technology have demonstrated a polymer solar cell with a record‑high power conversion efficiency of 19.1%. By blending a small fraction of linearly packed small‑molecule acceptors into a polymeric macromolecular acceptor matrix, they achieved ordered...
Chandigarh Power Distribution Limited (CPDL) will introduce time‑of‑day (TOD) electricity tariffs for all consumer categories, beginning with industrial users. The new structure applies a multiplier of 0.8 during solar‑aligned daytime hours (9 am‑5 pm) and 1.2 during morning and evening peaks, while...
Ideal Heating has added a 65 kW monobloc air‑source heat pump to its Ecomod 290HT line, targeting commercial buildings that need higher temperature output. The unit runs on propane (R290), delivers up to 70 °C flow temperature and achieves a COP of...

In this episode, InsurTech Leadership host Josh interviews Randall Bennett, CEO and co‑founder of Quixen, about the company’s embedded, parametric production guarantees for commercial solar projects. Bennett explains how Quixen partners with solar installers and prime contractors to offer a...
Tripura has crossed the 8 MW threshold for rooftop solar generation under the PM Surya Ghar Muft Bijli Yojana. More than 2,350 households and small businesses have installed panels, collectively feeding over 8 MW into the state grid. The scheme has disbursed...
The Australian Energy Market Commission (AEMC) announced that the National Electricity Market (NEM) Market Price Cap (MPC) will increase to $23,200 per megawatt‑hour (MWh) for the 2026‑27 financial year, effective 1 July 2026. This follows a staged rise from $17,500/MWh in FY 2024‑25...

In this episode of This Week in Futures Options, host Mark Longo and guest Carly Garner discuss the week’s market movers, highlighting strong gains in precious metals like silver (+12.5%) and platinum (+8.78%) while noting declines in energy and agricultural...
People and towns are pushing back against AI data centers There are benefits for jobs & tax revenues but costs in traffic, land use, water, noise & grid stress. As the buildout accelerates, the fight shifts from “can we build?” to “who...
India prioritizes national security and economic growth above aggressive, ideologically driven climate policies seen in some European countries. India seeks to cut power sector coal imports by 30% this year, sources say https://t.co/bA7W0ywe6Y
The Federal Court dismissed all greenwashing allegations brought by the Australasian Centre for Corporate Responsibility against Australian gas producer Santos, finding its claims about cleaner‑energy gas and its net‑zero roadmap were not misleading. The judgment accepted Santos’ description of natural...

Europe’s energy transition is well underway but it is far from uniform. In 25 European countries, non-fossil fuel sources now generate the majority of electricity, a clear sign of how deeply clean power has penetrated the system. https://t.co/NjTmx157Rn
With access to clean, reliable power, communities thrive, industries grow and people prosper. I welcome you to be part of #EmPowerGrowth, our global campaign to expand #energyaccess & unlock the full potential of green industrialization. Find out more: https://t.co/mSNgDa52aM https://t.co/Q6JzmtMdZ5

So @BradleyThomasUK wants to know about the CO2 impact of Chinese clean-tech manufacturing, having just asked a Q in parliament Which is lucky, cos we published detailed analysis on this last year: China’s clean-energy exports in 2024 alone will cut overseas...

How to detect PV system underperformance using only AC-side inverter data #energysky -- via pv magazine global: https://t.co/cF9bdAZScu https://t.co/hkJ5cOflpq