Know What's Happening in Energy
Know What's Happening in Energy
Flex to acquire Electrical Power Products for $1.1B
Flex Ltd. agreed to buy Electrical Power Products for about $1.1 billion in cash. The target adds roughly $323 million of annual revenue and a mid‑to‑high‑teens EBITDA margin. Flex expects the acquisition to be accretive to adjusted earnings per share in the first full fiscal year.
Also developing:
By the numbers: Oil majors snap up $164M Alaska oil leases
US Ambassador Sergio Gor told reporters in New Delhi that Washington does not want any country buying Russian oil as part of its effort to end the Ukraine war. He praised India’s recent diversification of crude supplies but reiterated the broader US stance against continued Russian energy sales. Gor also indicated that an interim India‑US trade agreement is close to signing and highlighted the success of the Global AI Impact Summit.
Re. the US SC tariff decision: As IEEPA was also the basis for the 25% addl punitive tariffs Trump imposed on India for buying Russian oil, it no longer holds. While Trump scrapped those tariffs Feb 6 under an interim...
World’s fastest supercomputers probing future of sodium-ion batteries #energysky -- via pv magazine global: https://t.co/pSiSoBZ3Rd https://t.co/t3Yi3JRnKE
A recent investigation uncovered that a ½‑inch high‑pressure impulse line made of Tungum alloy on a North Sea platform failed due to mercury‑induced liquid metal embrittlement (LME). The leak was traced to aggressive mercury in the production fluid, which compromised...
REC Solar prepares to start 3.3 MW rooftop solar array for self-consumption #energysky -- via pv magazine usa: https://t.co/dItr2PAb9z
Without transparent energy planning, the lights could go out #energysky -- via Energy Storage News: https://t.co/JvoB26DZPJ
The study examines premature failures of service‑exposed hydrogen reformer tubes used in steam‑reforming plants. It identifies creep rupture initiating at dendritic boundaries and localized overheating from burner misalignment as primary damage mechanisms. The research compares a failed bottom section with...
Scoop: NRG Buys New York’s Biggest Fossil Fueled Power Plant #energysky -- via Heatmap News https://t.co/HYXV78yUOY https://t.co/YML0FTvZNJ
Can sodium-ion beat Li-ion in portable power? Bluetti Pioneer Na gives it a try #energysky -- via pv magazine global: https://t.co/re2fBBTBK4
JD Power’s 2026 U.S. Electric Vehicle Experience study shows 96 % of EV owners would consider buying or leasing another electric car, the highest intent rate since the survey began in 2021. Satisfaction scores rose across the board, driven by expanded public...
US Roundup: California CCAs secure LDES from Hydrostor, ESS Inc. iron-salt acquisition, PowerSecure microgrids enhance New Mexico grid #energysky -- via Energy Storage News: https://t.co/dyz2jlxjNK
Today, the US announced a plan to sell Venezuelan oil to India. Note who’s selling Venezuela’s oil to India. It’s Uncle Sam. AMAZING. https://t.co/SLitquccox
Denver’s National Western Center repurposed two 72‑inch wastewater mains as a heat‑recovery source. By extracting waste heat from the constant‑temperature sewage flow, the system now provides low‑carbon heating and cooling for the campus. The solution avoided costly new boiler plants,...
Fact-checkers debunk doctored photo shared by US government, who claimed it was of a bald eagle hurt by a wind turbine. Also, wind turbines account for fewer bird deaths than fossil fuels and only 0.002-0.028% of bird deaths. https://t.co/JXeX407CcE
Let's build WA's future around renewables and green iron, not gullibly back nuclear and last century subs that have already been strategically neutralised by drones Hey @AlboMP - what the hell is wrong with Labor backing nukes?
Southern Alberta country singer Corb Lund has relaunched his “Water Not Coal” petition campaign to ban new coal exploration and mining in the Eastern Slopes of the Rocky Mountains. He received official clearance from Alberta’s Chief Electoral Officer and has...
So, for example, a province acting within its jurisdiction over matters of a local and private nature (e.g. local environmental protection) would be given priority over federal laws (e.g. pipeline construction) in the event of a conflict? https://t.co/83rqboK7pR
Longi builds 27.25%-efficient back-contact solar cells with high-resistivity wafers #energysky -- via pv magazine global: https://t.co/a2j2Y1XWho
The U.S. Supreme Court ruled 6‑3 that President Trump’s tariffs imposed under the International Emergency Economic Powers Act are unlawful, restoring congressional authority over trade barriers. The decision paves the way for thousands of lawsuits seeking refunds, with industry estimates...
Researchers at the University at Albany and the University of Connecticut have launched the North American Forecasting Weather, Outage, Load & Damage Initiative to create an AI‑driven model that predicts storm‑related power outages across the United States and Canada. Backed...
Venezuela has begun its first asphalt export since the U.S. revoked sanctions waivers in May 2025, with the 36,681‑dwt vessel The Judge loading at Amuay Bay. The shipment follows new OFAC general licenses issued on Jan 29 that lifted restrictions on...
Oil States International posted Q4 2025 revenue of $178.5 million, an 8% year‑on‑year increase, but reported a GAAP net loss of $117.2 million due to one‑time asset impairment and restructuring charges. Adjusted EBITDA improved 22% to $22.8 million, and adjusted net income rose...
Hydro‑Québec has filed a proposal to charge large data centers 13 CAD cents per kilowatt‑hour, roughly twice the existing high‑power rate. The tariff would apply to facilities over 5 MW and take effect in the second half of 2026, with a five‑year...
Permian’s Waha hub price plunged more than 50 cents per MMBtu, pushing the natural‑gas forward curve into negative territory through mid‑2026. At the same time, Northeast gas premiums retreated despite forecasts of a cold weekend, narrowing the regional price spread. Western...
U.S./Iran: Oil Prices and the War Risk Premium Oil traders currently assign a low probability to a war between the United States and Iran that results in significant and sustained disruption to exports from Iran and other countries in the Persian...
Stellantis announced a €22.2 billion ($26 billion) write‑down tied to its electric‑vehicle strategy and sold its 49 % stake in the NextStar Energy battery JV to LG Energy Solution for a nominal $100. The charge reflects cancelled EV platforms, supply‑chain resizing and quality‑related...
"Nearly all coal plants in the United States have already met the 2012 requirements by installing new pollution controls, experts said. Many that didn’t make those investments have shuttered." https://www.nytimes.com/2026/02/20/climate/epa-mercury-coal-plants.html
🚨New report from API 🚨: Energy & Inflation 2025 Highlights: - As a share of disposal income, energy expenditures have fallen since 1984 - In inflation adjusted terms, gasoline prices were lower in q4 2025 than in 1976 - Fuel costs have been declining...
Facing chronic electricity shortages due to over‑reliance on hydropower, Kyrgyzstan is considering a Russian‑built small modular reactor (SMR). President Putin pledged Moscow’s readiness to construct the plant, which could deliver 110‑440 MW of baseload power. The deal would require deep regulatory,...
The Energy Storage Report 2026 out now: grid-forming, fire safety, bankability and more #energysky -- via Energy Storage News: https://t.co/yxP28eVG91
Very true this is why batteries and grid enhancing technologies are moving into the priority position.
In this episode, senior fuels consultant Roel Salazar and VP of Methanol & Derivatives Dave McCaskill review the first two months of 2026 methanol market headlines, focusing on price movements, supply dynamics, and demand shifts. They examine China’s methanol‑to‑olefins (MTO)...
Nextpower supply steel frames for JinkoSolar factory in Florida #energysky -- via pv magazine usa: https://t.co/DI2iUubaD0
Private 660 MWh solar-storage project closes financing in South Africa #energysky -- via pv magazine global: https://t.co/RQbdGDxQdi
Dutch tulip nursery Rainbow Colors has become the first agricultural firm to commission a 1 MW solid‑oxide electrolyzer for on‑site hydrogen generation, integrated with a solar array and battery storage. The system, built with Denmark’s Dynelectro and Ekinetix, can produce hydrogen...
More policy questions, new products appear at Intersolar 2026 #energysky -- via Solar Power World: https://t.co/prX0r3YBOS
If solar and wind are not replacements for fossil fuel power, what are they? After all, they are doing something—witness charts showing large amounts of “generation” in a day or the largest growth in “generation” and “capacity” over time. That “something” is...
Ganfeng Lithium, the world’s largest lithium‑metal producer, has begun mass‑producing semi‑solid‑state batteries with energy densities ranging from 400 to 650 Wh/kg. The company secured supply agreements with major OEMs including Tesla, Volkswagen, Hyundai, and BMW for lithium hydroxide and other battery...
All energy discussions, analyses, and policy-making must totally stop treating solar and wind as reliable power sources and instead treat them as intermittent fuel-savers.
‘Each megawatt will be competing’: Wärtsilä on Australia’s evolving grid-scale BESS market #energysky -- via Energy Storage News: https://t.co/w4JnKuzvQD
RWE has signed a contract with Vestas to deliver 92 V236‑15 MW turbines for its 1.4 GW Vanguard West offshore wind farm off eastern England. The deal includes delivery, installation and commissioning, and follows the project’s successful award of a Contracts‑for‑Difference in...
Chart: Grid battery installations soared to a new high in 2025 #energysky -- via Canary Media: https://t.co/EOxZj7iIvM
My take on the closure of the Strait of Hormuz: “The Iranians recently shot a warning shot across the bow. They indicated that they can shut the straits down and cut the world off from 20% of its supply.” https://t.co/sbb1tuQO4T
A pleasure to speak to Argentina’s Secretary for Energy & Mining Daniel González at the #IEAMinisterial An IEA Family Member, 🇦🇷 is a key contributor to critical mineral supplies & global energy security Grateful to Ambassador @IanArgentinoS for his support for our...
Australian home battery upstart banks “strategic investment” towards manufacturing plans #energysky -- via Renew Economy: https://t.co/MX0KJ8kVOG https://t.co/f1plFHvyPn
Great to catch up with Greek Deputy Minister of Energy Nikos Tsafos @ntsafos at our HQ in Paris today about 🇬🇷’s energy priorities & how @IEA can support them I also thanked him for his contributions to ensuring successful outcomes at...
Philippines to auction 25 GW of renewables by 2035 #energysky -- via pv magazine global: https://t.co/2ctkf8aO3A
Tech giants spent years pretending to be "100% renewable," i.e. powered mostly by intermittent solar and wind. Now that they need large amounts of energy to power AI, they're not pretending any longer. Case in point: Meta's major new investments in nuclear...
The impact of azimuth angles on PV power production in Saudi Arabia #energysky -- via pv magazine global: https://t.co/t1PlCU2MUX
The price cap was put in place after market manipulations in 2001 (mostly in CA). FERC says it now has more power to prevent gouging, therefore the cap is no longer needed. FERC Eliminates Western ‘Soft’ Price Cap //www.rtoinsider.com/126212-ferc-eliminates-western-soft-price-cap/
