Know What's Happening in Energy
Know What's Happening in Energy
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.
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 and cash‑flow discipline further protects margins. Technology—both hardware efficiency and software automation—provides the leverage needed to scale without sacrificing customer support.
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...
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...
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...
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,...
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...
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...
The Zero Emission Port Alliance (ZEPA) introduced a load‑profile explorer, transition guide, and updated voluntary standards to accelerate battery‑electric container‑handling equipment adoption. The standards aim to reduce design fragmentation and improve interoperability, while total‑cost‑of‑ownership data shows electric gear remains pricier...
In this Money Box Live episode, presenter Felicity Hannah explores the true cost of owning an electric vehicle, from purchase price and charging infrastructure to range anxiety on long trips. Guests Stuart Masson of The Car Expert and Melanie Shufflebotham...
The episode examines Europe’s modern sovereignty as an industrial and supply‑chain challenge, focusing on semiconductors, rare‑earth minerals, and energy infrastructure. Guests highlight Europe’s heavy reliance on imports, a thin venture‑capital ecosystem, and the need for coordinated capital to close the...
Enverus unveiled the Minerals Marketplace, a secure, fee‑free platform that directly connects buyers and sellers of mineral and non‑operated interests. Leveraging Enverus data on over 250,000 owners and about 85% of U.S. royalty revenue, the service offers real‑time cash‑flow and...
The remarkable inefficiency - and destructiveness - of the fossil fuel energy system: two-thirds of all primary energy inputs are wasted, and do not convert into useful energy >When petrol powers a car, three-quarters of the energy is wasted as heat...
Aboitiz Power Corp. will supply Northern Negros Electric Cooperative (Noneco) with 30 MW of electricity, combining 10 MW of solar generation and 20 MW of baseload power. The mixed supply aims to meet rising demand in the cooperative’s franchise area while smoothing the...
The Trump administration’s Project Vault earmarks about $12 billion to create a U.S. Strategic Critical Minerals Reserve, a public‑private partnership that purchases, stores and manages a diversified portfolio of essential raw materials. Japan’s current METI‑JOGMEC approach evaluates projects individually, which could...
Japan announced a new subsidy scheme to support overseas installations of flexible perovskite solar cells, aiming to accelerate the export of its homegrown renewable‑energy technology. The program targets projects in Southeast Asia, with Indonesia and Thailand identified as early beneficiaries....
Two years ago, Ethiopia did something no other rich country has yet. It banned the import of new fossil fuel cars. In that time, the country went from less than 1% of its vehicles being electric to more than 6%...
Environmental groups including the NRDC, Earthjustice and the Sierra Club filed a lawsuit challenging the Department of Energy’s approval of Venture Global’s Calcasieu Pass 2 (CP2) LNG export terminal in Louisiana. The suit alleges the DOE failed to assess how the...
A federal judge ordered DTE Energy and its subsidiary EES Coke to pay a $100 million civil penalty for Clean Air Act violations at the Zug Island coke plant, and to allocate an additional $20 million for community health projects. The ruling follows...
Nigeria’s indigenous oil producers are surviving on razor‑thin margins of $5‑7 per barrel despite crude prices hovering around $70. Production costs sit near $40 per barrel, but spiralling security expenses and operational losses from theft and pipeline vandalism push total...
More bad news for renewables Flooding a low-growth power system with subsidized wind & solar forces nuclear plants to cycle, not run steady. That raises wear, maintenance costs & financial stress, undermining the economics of existing reactors & making new nuclear harder...
Elgin Energy, backed by Copenhagen Infrastructure Partners, has abandoned its planned 90 MW solar farm and equal‑capacity battery storage at Mitchells Flat, NSW, after intense local opposition. The project, slated for 177,000 panels on low‑quality agricultural land, faced community pushback over...
Libya’s National Oil Corporation launched its first post‑Gaddafi licensing round, offering 22 offshore and onshore blocks to meet a 2 million‑barrel‑per‑day production target by 2028. U.S. super‑major Chevron secured Contract Area 106 in the Sirte Basin, marking its return after a 16‑year...
Tehran will trade limited, face-saving concessions because it thinks it can survive bombs better than it can survive a domestic revolt. There will be a “bridge deal” that kicks the can. The real deal comes after US mid-term elections.' https://t.co/8UhDWkB5al #Iran #Israel #US #MiddleEast...
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.
ConocoPhillips posted Q4 2025 production of 2.32 million barrels of oil equivalent per day, matching guidance, and generated $1.02 adjusted earnings per share. Operating cash flow reached $4.3 billion while capital spending was $3 billion, leading to $9 billion returned to shareholders—45% of cash...
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...
In late 2025 President Vladimir Putin announced Russia’s willingness to build a small modular reactor (SMR) in Kyrgyzstan, aiming to address the country’s chronic electricity shortages. Kyrgyzstan relies on over 90% hydropower, making its grid vulnerable to droughts and aging...
Varta unveils residential battery with AI-driven energy management #energysky -- via pv magazine global: https://t.co/wUB2FFX3Ky
Caterpillar VC backs startup ElevenEs as it builds 1GWh LFP cell factory in Serbia #energysky -- via Energy Storage News: https://t.co/lb6SNWjg1K
Texas Pacific Land Corp reported record fourth‑quarter 2025 results, with oil and gas royalty production rising 23% year‑over‑year and water sales surpassing 1 million barrels per day, up 36%. Full‑year free cash flow hit a record $498 million, an 8% increase, while...
Energy Vault secures 1.5 GWh sodium-ion supply for AI #energysky -- via pv magazine global: https://t.co/GWREdYVRjt https://t.co/vzy2INY2hB
A gas-fired power plant in Ohio costing $33 billion? I need help here >>> any details?
KNESS and Hithium enter 2GWh Ukraine partnership, c.700MWh progressed elsewhere in Finland, Estonia and Southeast Europe #energysky -- via Energy Storage News: https://t.co/tD2KIJSygn
Rethinking solar and storage ROI: Beyond old efficiency assumptions #energysky -- via pv magazine usa: https://t.co/Q0dEuzcdle https://t.co/H10BfEMpva
U.S. OIL PRODUCTION has defied expectations for a rapid and significant slowdown in response to lower prices: https://t.co/fMfoyip69Z
‘Greater diversity reshapes expectations’: Women in Energy Storage Network on strengthening and empowering an inclusive industry #energysky -- via Energy Storage News: https://t.co/eoP6Ctpo42
The dumbest thing is that the data center companies are combining the need for training and inference and assuming that all it needs to be in 1,000MW increments. They don't. Here are some estimates...
Japan plans to invest $36 billion in US oil, gas and critical mineral projects 🇯🇵 🤝 🇺🇸 The most significant piece is a 9.2GW gas-fired power plant in Ohio. The investment will be led by SoftBank https://t.co/5io8koo0jd
