Know What's Happening in Energy
Know What's Happening in Energy
Renewables snag $400M of Philippines investment approvals, solar leads with $293M project
Renewable energy projects accounted for roughly 48% of the Philippines Board of Investments' approved outlay of P47 billion ($840 million) in the first two months of 2026. The energy sector secured about P22.4 billion ($400 million), highlighted by a P16.4 billion ($293 million) solar venture by Cleanenergy 2 Power.
Also developing:
Zelestra is advancing construction of its 27 MWdc Klevenow solar plant in Mecklenburg‑Vorpommern, targeting commercial operation by the end of Q2 2026. The project, secured through Germany’s EEG tenders, will generate roughly 28,700 MWh annually and avoid about 9,500 tonnes of CO₂ each year. Ground‑mounting posts are in place, half of the low‑voltage cabling is installed, and the HV transformer is positioned, with modules arriving within two weeks. Zelestra also plans a 30 MWh battery energy storage system to hybridise the site and is eyeing over 120 MW of additional solar capacity in Germany this year.
Two of the four projects selected for New South Wales’ South West Renewable Energy Zone have been sent to the Independent Planning Commission after a wave of long‑distance objections. Spark Renewables’ 1.2 GW Dinawan wind project received 86 objections, while BayWa RE’s...
RWE has more than doubled its renewable construction portfolio in Italy, reaching 235 MW after launching 123 MW of new wind and solar projects for 2026. The expansion builds on a 112 MW build‑out started in 2025, together enough to power over 190,000...
The Royal Automobile Association is urging South Australia to require energy‑efficiency ratings on every home at sale or lease. Around 70% of the state’s housing stock predates the 2003 minimum standards, leaving the average Australian home at a meagre 1.7‑star...
RenewableUK Cymru has released the Cymru Clean Power plan ahead of the 2026 Senedd election, urging the next Welsh Government to adopt a bold clean‑power strategy. The proposal outlines a £10 billion economic opportunity, 8,000 secure jobs and up to £183 million...
The Zimbabwe export ban seems to be due to transfer pricing, ie producers understating grade/value of exports. Similar to what we saw from the Chinese company that operated Bald Hill in Australia a few years ago. On my calcs, average Zimbabwe...
British power producer Drax reported lower 2025 earnings, with adjusted EBITDA falling to £947 million from £1.064 billion, driven by weaker power prices. The company improved its balance sheet, cutting net debt to £784 million and raising earnings per share to 137.7 p, enabling...
Carbonova secured C$13.6 million to build its first commercial demonstration unit (CDU‑25) in Calgary, converting captured CO₂ and natural gas into 25 tonnes of carbon nanofibres per year. The financing blends a recent C$4.38 million grant from Emissions Reduction Alberta with strategic cash...
The 2026 Year of the Fire Horse marks the 60th anniversary of the world’s first VLCC, Idemitsu Maru, and has sparked a surge in supertanker charter rates, with spot prices topping $200,000 per day and rumors of a one‑year deal...
Balcony‑mounted plug‑in solar panels are gaining legislative traction, with bills introduced in 28 states and Washington, D.C. that would legalize permission‑less, up‑to‑1,200‑watt devices on renters' and owners' balconies. Utah remains the only state with an explicit law, but lawmakers across...
MGA Thermal has secured AU$3.25 million from ARENA to fund up to five front‑end engineering design (FEED) studies for its patented MGA Block thermal energy storage system. The studies will produce detailed designs, cost estimates and risk assessments for industrial partners...
Velesto Energy just reported a profit dip for FY25, yet they are paying out the highest dividend in the company's history. Is the RM1.3 billion order book enough to offset lower rig utilization and declining charter rates? Here is the breakdown of...
Statkraft and Emsys VPP have successfully connected the 300‑MW Thurrock battery storage system to the UK grid, marking a major milestone for the partnership. The connection enables the virtual power plant to manage a gigawatt‑scale portfolio of Statkraft batteries across...
Thai private‑sector importer Gulf Energy announced a new tender for two additional April LNG cargoes, targeting delivery windows of 22‑23 April and 25‑26 April. The offers are to be priced against the northeast Asian spot LNG index, with the tender closing on...
BetaVolt unveiled the BV100, a coin‑sized nuclear battery that leverages nickel‑63 beta decay to generate 100 microwatts at 3 volts and promises a 50‑year lifespan without recharging. The company claims mass production began in 2025 and a higher‑output 1‑watt version is slated...
🚗In January 2026, new EU car registrations fell by 3.9% compared to January last year. In January 2026, 154,230 new battery-electric cars were registered, capturing 19.3% of the EU market share. The four largest markets in the EU, which together...
Coal's long decline is why US power supply is can't meet demand expectations. That doesn't mean “coal was good” or “renewables failed.” US lost a massive block of dispatchable power during a no-growth era Now that growth is back, there's no fast,...
Australia’s Cheaper Home Batteries rebate has topped 235,000 installations, approaching the 250,000 mark and roughly 6 GWh of storage. Demand is set to spike before the May 1, 2026 deadline when the rebate shifts to a tiered model that sharply reduces discounts for...
Hephae Energy Technology has appointed industry veteran Andy Bruce as president to drive the commercialization of its ultra‑high‑temperature geothermal drilling and robotics solutions. Bruce brings more than three decades of leadership in downhole drilling, energy services, and M&A across companies...
The 730 MW Winterbourne wind farm in New South Wales has been referred to the Independent Planning Commission after attracting over 550 public objections and 770 supportive submissions, giving it a 56 % approval rate among 1,371 total entries. The project, championed...
While US grid demand increased 2.1% in 2025, California's declined 3.16%-despite 2.5 mil EVs in CA, lots of heat pumps, and 3rd-most data centers in the US About 36% of the decline was due to growth in behind-the-meter PV BTM PV is...
While US grid demand increased 2.1% in 2025, California's declined 3.16%-despite 2.5 mil EVs in CA, lots of heat pumps, and 3rd-most data centers in the US About 36% of the decline was due to growth in behind-the-meter PV BTM PV is...
Geopolitical tensions between the United States and Iran have added a sizable risk premium to oil, pushing Brent into the low‑70s and sparking forecasts of $100 per barrel if conflict escalates. The surge has lifted the STOXX Europe 600 Oil...
Waratah Super Battery transformer replacement scheduled for Q3 2026 delivery in Australia #energysky -- via Energy Storage News: https://t.co/GzvjWPYcAK
More states look to virtual power plants to fight rising electric bills #energysky -- via Canary Media: https://t.co/cI5KwxOTqy
Yancoal posted record 2025 coal production, lifting run‑of‑mine output to 67 million tonnes and saleable production to 50.8 Mt, despite a 13% revenue decline driven by lower coal prices. Operating EBITDA reached $1.44 billion, delivering a 24% margin, while cash operating costs fell...
AI now can now predict solar cell efficiency from wafer quality #energysky -- via pv magazine global: https://t.co/1XDFJj5yx6
Tigo Energy debuts real-time solar equipment commissioning software at IESNA 2026 #energysky -- via pv magazine usa: https://t.co/LrqsKf3hIU https://t.co/wAHLxCt6G7
Caterpillar’s Electrification + Energy Solutions Division has created a Product Support Field Engineering team to back its first‑generation battery‑electric mining equipment. The team troubleshoots hardware in real‑world sites, trains dealers on high‑voltage safety, and channels field observations back to engineers....
How can batteries respond to energy price volatility in Europe? #energysky -- via Energy Storage News: https://t.co/eEMsHucngj
Public Power Advocates Have Learned From Past Failures #energysky -- via Heatmap News https://t.co/pX0v48103H https://t.co/I0WLqjrGEb
Willdan Group reported its strongest quarter ever in Q4 2019, with contract revenue jumping 49.7% to $129.4 million and net revenue rising 51.8% to $61 million. The Energy segment led the surge, posting an 84.5% increase in net revenue, while adjusted EBITDA more...
WTI comparative inventory returned to a surplus It has increased 12 mmb to 5.3 mmb more than the 5-year average $65.30 WTI was $8 > marginal price on the red yield curve the week ending February 20 #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit...
Senators propose to bring back 5% safe harbor to utility-scale solar projects #energysky -- via Solar Power World: https://t.co/9If8Sg2aFn
Fluor Corporation reported $12 billion in new awards for 2025, with 87 % structured as reimbursable contracts, while deploying $754 million in share repurchases and receiving $2 billion from its NuScale Power investment. The Energy Solutions segment posted a $414 million loss, driven primarily by...
A good week for the oil glut story U.S. comparative inventory rose 12 mmb for the week ending February 20 Crude C.I. rose 13 mmb, gasoline was flat and rose distillate rose 0.1 mmb #energy #OOTT #oilandgas #WTI #CrudeOil #fintwit #OPEC #Commodities...
Kimbell Royalty Partners reported Q4 2025 production of 25,627 BOE per day and adjusted EBITDA of $64.8 million, while proved reserves rose 8% to a record 73 million BOE. The company declared a $0.37 per unit distribution, a 6% increase, classified entirely as return of...
Sempra reported adjusted Q3 2025 EPS of $1.11, a 25% year‑over‑year rise, while GAAP earnings fell to $0.12 per share because of a $514 million non‑recurring tax charge. The company reaffirmed its 2025‑2026 adjusted EPS guidance and highlighted a $10 billion sale...
Talen Energy reported adjusted EBITDA of $1.035 billion and adjusted free cash flow of $524 million for 2025, with Q4 cash flow surpassing the entire 2024 level. The company reaffirmed its 2026 guidance, targeting $1.75‑$2.05 billion EBITDA and $980‑$1.18 billion free cash flow, while...
Turkey’s state‑owned TPAO and Britain’s BP have signed a comprehensive oil and gas cooperation agreement targeting Iraq’s Kirkuk basin. TPAO aims to lift 500,000 barrels per day by 2028, while BP’s initial target is 328,000 barrels per day, with plans...
DMC Global reported Q4 2025 consolidated sales of $143.5 million, a 6% YoY decline, and a negative adjusted EBITDA of $1.6 million. Net debt fell 67% to $18.7 million, the lowest since the 2021 Arcadia acquisition, while cash stood at $32 million. All three...
Pacific Gas & Electric reported full‑year 2025 core earnings of $1.50 per share, a 10% increase over 2024 and the midpoint of its guidance range. The company raised its 2026 core EPS outlook to $1.64‑$1.66, signaling another 10% growth year...
Daqo New Energy reported a 39.7% drop in annual polysilicon production to 123,652 metric tons, staying within its guided range, while sales outpaced output at 126,707 tons. Revenue fell 35% to $665 million and average selling price slipped 7.2%, yet the...
3ME Technology and South 8 Technologies have signed a Letter of Intent to develop lithium‑ion batteries for extreme cold‑weather and Arctic defence use. South 8 will supply its LiGas‑enabled cells, which operate from –60 °C to +60 °C, for integration into 3ME’s EdgeVOLT Cold...
Hawthorn Football Club announced a premier partnership with Anker SOLIX, naming the global home‑battery leader its Proud Official Home Battery Partner. The deal coincides with Australia’s Cheaper Home Batteries Program, which offers rebates to spur residential energy‑storage adoption. Hawthorn members will...
Trump's Bullying of IEA a Wake-up Call for Canada Energy Sec Chris Wright: Stop promoting net-zero or US will pull out of iea. Canada needs data, modelling for trade negotiations, policy. Where will Mark Carney Carney get it? Our own economists. #cdnpoli https://youtu.be/DhE1Gfoh-yY
Bert Thin Films launches copper paste for backside solar cell metallization #energysky -- via pv magazine global: https://t.co/26iCIvaF8G https://t.co/JvPeGpDSGg
Pulsenics, a Toronto‑based tech firm, unveiled AccelaGrade, a rapid quality‑control platform for lithium‑ion battery remanufacturers. The solution combines partial‑discharge cycling, temperature monitoring, and electrochemical impedance spectroscopy to assess cell health and assign letter grades. AccelaGrade delivers a full state‑of‑health readout...
The U.S. Energy Information Administration released data showing a massive 16 million‑barrel‑per‑day increase in crude output, the largest build in years. Despite the headline‑grabbing surge, equity and commodity markets barely moved, as traders remain fixated on escalating Iran‑Israel tensions. Simultaneously, the...
IFS unveiled Resolve for Utilities, an AI‑enabled field service solution designed to boost storm response, crew coordination, and daily grid operations. Built on IFS's existing FSM platform, the tool incorporates IFS Nexus Black AI to automate crew callouts, enhance mutual‑aid...
