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:
India's navy has begun seizing shadow‑fleet oil tankers within its exclusive economic zone, capturing three vessels since early February. The shadow fleet, a network of roughly 1,000 de‑commissioned tankers, moves 3‑4 million barrels of sanctioned crude daily from Russia, Iran and Venezuela. India, historically the second‑largest beneficiary of this illicit trade, is now targeting the ships, signaling a strategic shift. The raids could trigger a cascade of similar actions by other nations, potentially crippling Russia's primary oil revenue stream and reshaping global energy flows.
Caturus Energy announced a $950 million purchase of SM Energy’s Galvan Ranch assets, adding about 61,000 net acres and 250 MMcfed of daily gas production in Webb County, Texas. The acquisition lifts Caturus’s pro‑forma net output to roughly 950 MMcfed across 275,000 acres,...
Luxembourg’s Ministry of the Economy has opened a €3 million tender to fund commercial and industrial solar projects between 30 kW and 200 kW. Applications are accepted until April 17 and are split into three lots covering rooftop, façade and car‑port installations. Projects that...
Winter Storm Fern caused U.S. natural‑gas spot prices to surge above $80 per MMBtu, marking one of the highest spikes on record. EQT Corp.’s MVP system operated at full capacity, but the event highlighted the strain on existing pipeline infrastructure....
First Gen Corp. will supply over 1,150 kW of geothermal electricity to Lyceum of the Philippines University’s satellite campuses in Batangas and Laguna. The deal, enabled by the retail aggregation program, lets the campuses pool demand to meet the 500‑kW threshold...
Global lithium production surged 19.7% in 2025 to 338,300 tonnes and is projected to climb another 15% in 2026, reaching 389,100 tonnes. The acceleration is driven by rapid ramp‑ups in Argentina, China, Australia, Mali and Zimbabwe, each adding new projects...
CleanChoice Energy announced the acquisition of two utility‑scale solar projects in North Carolina—Sumac (103.92 MW) and Sweetleaf (118.3 MW)—adding 222.2 MW of capacity and tripling its portfolio. Construction is slated to start early 2027 with grid interconnection to the PJM market expected in...
Viridien announced a partnership with NVIDIA to accelerate its seismic imaging workflows using NVIDIA's high‑performance computing platforms. The collaboration will optimize Viridien’s algorithms for GPU accelerators, including tensor cores and mixed‑precision techniques, aiming to boost imaging speed, accuracy, and efficiency....
Plaid Cymru announced that a future Welsh government would require renewable projects larger than 10 MW to allocate a 15‑25% community‑ownership stake, ensuring locals share in profits. The party also plans to create a national energy body to manage large‑scale wind...
Australian‑founded Eaton Square announced that its Silicon subsidiary will integrate with U.S. capital‑intelligence firm Klear, creating a unified solution for sourcing, financing and managing critical minerals. The combined platform leverages AI to provide end‑to‑end operational and treasury visibility, offering verified...
Democratic‑led states are accelerating climate initiatives as the Trump administration moves to roll back federal greenhouse‑gas regulations. Colorado proposes a $2,000 tax credit for new electric vehicles, Virginia is streamlining approvals for large solar farms, and California aims to make...
India’s commerce minister Piyush Goyal said New Delhi will diversify crude oil and coking‑coal supplies, targeting high‑quality U.S. coal to reduce reliance on a few geographies. He highlighted a $100 billion aircraft demand from the United States over the next five...
Net zero & climate analysis are fully compatible with the IEA’s mission of promoting energy security, economic stability & cooperation among member states @AzizSapphire @SecretaryWright is right that IEA went too far but wrong saying that net zero was all it...
A successful trial at Exeter Airport demonstrated that hydrogen‑powered ground handling equipment—including a hydrogen internal‑combustion tug, a fuel‑cell baggage tractor and a hybrid hydrogen‑diesel GPU—can be safely integrated into live airport operations. The Zero Carbon Turn project, backed by the...
SemiQ Inc unveiled its third‑generation silicon‑carbide (SiC) power modules at APEC 2026, targeting AI‑driven data centers, high‑power industrial equipment, and electric‑vehicle applications. The QSiC Gen3 lineup delivers a 30% cut in specific on‑resistance and turn‑off energy losses, simplifying cooling and boosting efficiency....
Volkswagen is set to launch the all‑new Caravelle plug‑in hybrid (PHEV) in South Africa mid‑2026, joining a market where PHEV sales surged 280% year‑over‑year to 2,808 units, representing a 0.47% share of new‑vehicle sales. The Caravelle rides on VW’s MQB...
DG Matrix, a startup developing solid‑state transformers (SSTs) for data centers, announced a $60 million Series A round led by Engine Ventures. The company’s SSTs can handle up to 2.4 MW, promising higher efficiency and reduced footprint compared with legacy transformer technology....
Egypt’s LNG export volumes are increasingly tied to domestic power demand and Israeli pipeline imports, according to Cedigaz analysis. Israel’s offshore gas surplus now flows to Egypt, stabilizing its electricity system but leaving LNG output dependent on residual gas. Fluctuations...
Residential solar has shifted from simple ownership to complex financing, inflating soft costs despite falling panel prices. Companies that prioritize operational discipline, lean processes, and transparent pricing are better equipped to survive policy volatility. Reducing soft costs through workflow consolidation...
Global grid‑scale battery energy storage system (BESS) deployments slowed sharply in January 2026, with only 3.5 GW/10.5 GWh coming online – a 25 % drop from the same month last year. China, still the dominant market, added 1.9 GW/6.2 GWh, reflecting a 30‑50 % decline amid...
1606 Corp signed a non‑binding term sheet to acquire roughly 132 acres in Lufkin, Texas, including a 55 MW natural‑gas power plant and a 50,000 sq ft warehouse for an AI‑focused data center. The transaction is priced at about $11.67 million, combining $7.5 million in...
The episode examines the sharp decline in Russian oil and gas drilling in the second half of 2025, with total meters drilled falling 3.4% year‑over‑year and the share of horizontal wells dropping from 67.8% to 59.3%. It links the slowdown...
Electric‑vehicle sales have surged nearly 700% this decade, driving a rapid rise in spodumene shipments from Australia to China and doubling bulk volumes since 2023. Panamax vessels now carry almost half of the 7 million tonnes of dry bulk moved last...
Illinois Governor J.B. Pritzker plans to request a two‑year suspension of tax incentives for new data centers, pending a study of the sector’s impact on the state’s electricity grid and residential bills. Current incentives grant up to 20 years of...
DHT Holdings has secured a one‑year charter for its 2012‑built VLCC DHT Opal at $90,000 per day, starting this month. The rate underscores how tight the market has become for the world’s largest crude carriers, with Gulf‑China spot earnings now...
Kenya has awarded a $311 million power transmission contract to a joint venture of India’s Power Grid Corp and Africa50. The PPP will design, build, operate and maintain two high‑voltage lines serving western and northern Kenya, addressing chronic supply gaps. The...
Hellenic Cables has been awarded a contract by DEME to supply roughly 70 km of 66 kV inter‑array submarine cables for Ocean Winds’ 390 MW BC‑Wind offshore project in the Polish Baltic Sea. The agreement covers design, engineering, manufacturing, testing and delivery of...
The International Institute for Sustainable Development (IISD) reports that India can lower clean‑cooking costs by scaling decentralized biogas and electric stoves alongside LPG and piped natural gas. While LPG connections have doubled since 2016, 37% of households still rely on...
In this episode, Andrew Reimers, deputy director of the ERCOT Independent Market Monitor at Potomac Economics, explains how ERCOT’s market design—particularly operating reserves, scarcity pricing, and the December 5 real‑time co‑optimization—shapes price signals that drive new generation investment in Texas....
A four‑year study in Victoria, Australia examined overhead solar panels in a blush‑pear orchard. The agrivoltaic systems cut sunburn and hail damage and boosted energy output, especially with a 5° west tilt that produced about 10% more electricity. However, shading...
U.S. SOLAR GENERATION increased to a record 304 billion kilowatt-hours (kWh) or 304 terawatt-hours (TWh) in 2024. Solar generation had increased ten-fold over the previous ten years from 29 billion kWh in 2014. Data prepared by the U.S. Energy Information...
Oil has a big risk premium in it in terms of vol and skew. Meanwhile SPUs, IWM, VXUS all near ATHs Feels like a tense contradiction. https://t.co/6lmCdFZUnm
At Mumbai Climate Week, NITI Aayog Vice Chairman Suman Bery linked India’s economic growth to increased women’s workforce participation and the nation’s push for energy self‑sufficiency. He cited Nobel laureates to argue that faster growth draws more women into the...
You just have to respect markets and the games they play Trump first term: Public is all about long Energy, short Solar.... Solar stocks go on an epic run Trump 2nd term: Tariffs going to crush International economies.... International stocks just thrashing...
Delighted to bring together over 50 countries at the #IEAMinisterial in Paris to discuss major issues of energy security, access, affordability & sustainability Thank you to the Ministers for the rich discussions, confirming the IEA is at the heart of the...
The UK Climate Change Committee warns that net‑zero building designs often ignore low‑temperature heat distribution, embedding inefficiencies from the earliest stages. Heat pumps perform best at 35‑50 °C, yet many projects still design for legacy 70‑80 °C boiler systems, compromising seasonal COP...
"Chevron in 2019 ran 21 rigs and five frack crews in the Permian. This year it anticipates it will need only six rigs and two frack crews to produce about 67% more oil-and-gas in the region than seven years ago."...
I strongly disagree with your statement that "the IEA is a worthless source of any data" @carldean1960 How can data be worthless? Interpretations of data & using data to push agendas can be worthless but not the data itself
The International Solar Alliance announced a Global Mission on AI for Energy at the India AI Impact Summit 2026, targeting more than 120 member countries. The programme aims to fast‑track AI‑enabled clean‑energy solutions for planning, grid management and decentralized solar,...
Important exchange with Ukraine's First Deputy Prime Minister @Denys_Shmyhal We discussed 🇺🇦's efforts to ensure energy security this heating season and beyond – amid ongoing attacks on critical infrastructure @IEA will continue to closely support 🇺🇦's energy sector resilience https://t.co/tQQpcbUtpO
One August 31, 2020, Exxon Mobil was kicked out of the Dow. It was replaced by Salesforce. Exxon is up 271% and Salesforce is down 32%. https://t.co/euMlopjZdV
India has begun easing its 2020‑era restrictions on Chinese equipment, allowing state‑run power companies to import limited transmission components and considering similar exemptions for coal‑sector gear. The move responds to mounting shortages and project delays that threaten the country’s ambitious...
The podcast’s takeaway is that climate policy is becoming “pragmatic” & markets will take over from climate ambition But markets helped create the problem, and ambition never cut emissions. Calling this realism is just accepting catastrophic risk for profit @RystadEnergy #ClimateReality...
Very good meeting with 🇺🇸 US Assistant Secretary of State for Economic, Energy & Business Affairs @CalebOrr__ We discussed developments in global energy markets, the importance of critical minerals for energy & economic security and energy’s role in boosting competitiveness https://t.co/Z4YDq3jEJG
India’s non‑fossil electricity generation capacity has crossed 272 GW, driven by 141 GW of solar and 55 GW of wind. In the current fiscal year the country added over 35 GW of solar and 4.6 GW of wind, pushing clean power to more than half...
Pleased to meet with Austrian State Secretary for Energy Elisabeth Zehetner at the #IEAMinisterial I thanked the State Secretary for Austria’s offer to host the 2027 IEA Energy Innovation Forum – we look forward to working together to build on the...
Rig counts are a weak, context-dependent signal of future production @chigrl Fewer rigs in Russia don’t mean much after a decade of fracking conventional fields. Apply the same logic to the US and you’d wrongly conclude sanctions killed output here. #OilMarkets...
Good to see my friends have a thoughtful conversation on how we meet our electricity growth needs. I think the talking points were a bit thick and many questions remained unanswered.
Excellent meeting with Singapore's Minister Tan See Leng at the #IEAMinisterial on Southeast Asia's growing role in global energy markets @IEA & 🇸🇬 will continue cooperating closely to support the delivery of the ASEAN Power Grid Vision and other key priorities...
Net-zero by 2050 has “zero point zero chance of happening,” says US Energy Secretary Chris Wright ahead of the biennial IEA ministerial meeting in Paris. (This ministerial meeting will mark a turning point in global energy policy making across industrialised...
