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
New South Wales announced an additional firmed generation tender to address projected capacity shortfalls as coal plants retire. The state already completed six LTESA and REZ tenders, with Tender 6 delivering a landmark 300 MW battery project. Tender 7, launched in October, seeks 500 MW of firmed capacity for the 2027‑28 gap, and the new tender will further augment this to ensure reliability through 2033‑34. Energy Minister Penny Sharpe emphasized the need for a diversified mix of renewables, storage, and gas to keep electricity affordable.
Solar Power World has opened applications for its 15th anniversary Top Solar Contractors List, with submissions accepted through May 22, 2026. The ranking will be based on kilowatt capacity installed in 2025 across utility, commercial, community, and residential markets, and will also...
AI’s expanding power appetite is quietly reshaping freight demand, especially for transport providers serving the oil‑and‑gas sector. Pinch Transport’s flatbed less‑than‑truckload network moves pipe, tanks and heavy equipment across U.S. and Canadian basins, with volumes tied to crude‑price cycles rather...
Australia set new renewable records in Q4 2025, adding 2.1 GW of wind and solar capacity and 1 GW of battery storage. The Clean Energy Council reports that renewables supplied 51% of NEM electricity and peaked at 77% during January heatwaves. By...
Buccaneer Energy completed an organic oil recovery (OOR) pilot at its Pine Mills field in East Texas, treating one water injector and two producing wells. Post‑treatment production in the pilot zone rose from roughly 15 barrels per day to about 30...
A South African Energy Traders Association (SAETA) report declares the unbundling of Eskom Holdings the most consequential economic reform since the end of apartheid in 1994. The study, titled “Policy to power: 10 actions to deliver green, accessible and secure electricity,”...
A decade after the Paris Agreement, corporate climate action has shifted from early supply‑chain pilots and nascent net‑zero talk to a reality where Scope 3 emissions dominate and reporting burdens intensify. Initial enthusiasm for broad coalitions has given way to more...
BHP’s half‑year report highlighted renewable energy and battery projects, yet mentioned decarbonisation fewer times. Copper revenue now accounts for 51% of underlying EBITDA, driven by soaring copper and iron‑ore prices. The miner projects data‑centre copper demand could reach 3 million tonnes...
The episode explains that the oil industry needs oil prices around $90 per barrel to achieve a 10% return on capital, the threshold where oil stocks typically outperform the S&P 500. It highlights that current reinvestment rates are just above...
The U.S. Energy Information Administration’s February short‑term energy outlook projects total U.S. crude oil production, including lease condensate, to fall from an average of 13.60 million barrels per day in 2026 to 13.32 million barrels per day in 2027. The decline is...
India’s Ministry of Petroleum and Natural Gas wrapped up the two‑week Saksham 2026 campaign in Chandigarh, drawing wide participation across Punjab and the city. The initiative, led by public‑sector oil and gas firms, promoted fuel conservation and energy‑efficient appliances through walk‑athons,...
The EU plans to force 70% of EVs sold in Europe to be built there Good luck requiring China to accept higher labor costs & regulatory burden. Success case: higher EV costs, slower rollout & more trade friction. Good plan https://t.co/rHXHgNgJyN #EU #EVs #industrialpolicy #protectionism...
The Women in Energy Storage Network (WinES), founded in 2024, now serves over 1,600 members across the UK’s fast‑growing energy‑storage sector. It earned the 2025 Diversity and Inclusion Award, highlighting its role in elevating female talent. WinES will host a...
Iran launched naval drills in the Strait of Hormuz “Maximum pressure” cuts both ways. Iran wants nuclear-only talk, while the US wants missiles and proxies too The “deal space” is small and the risk premium stays high. https://t.co/Gs9viHRneW #oil #Brent #Hormuz #Iran #geopolitics #energysecurity #OPEC...
Researchers introduced a one‑step electrodeposition method that creates NiCo‑LDH nanosheet arrays featuring simultaneous composition and channel‑size gradients. The dual‑gradient architecture dramatically improves intrinsic electrical conductivity, cycling stability, and self‑discharge resistance. Electrochemical testing shows 2200 F g⁻¹ at 1 A g⁻¹, 88% capacity retention after...
Cameco (CCJ) has surged 136% over the past year, outpacing the broader energy sector as uranium demand rebounds. The company posted Q4 2025 earnings of $0.36 EPS and $875 million revenue, both beating analyst forecasts. Its disciplined contracting strategy secured roughly...
Researchers introduced a dual‑engineering approach that combines polymer encapsulation with a wavy graphene oxide substrate to produce cobalt single‑atom catalysts derived from MOFs. The polymer layer generates mesopores, while the curved graphene modulates the Co‑Nx coordination, creating defect‑rich Co‑N3 sites....
Diamond Power Infrastructure (DICABS) posted a net profit of ₹50 crore in the December quarter, an eight‑fold increase from the same period last year. Revenue surged 54 percent to ₹474 crore, driven by higher capacity utilization and premium EHV cable sales. The firm...
India’s government announced a target of up to $200 billion in data‑centre investments to turn the country into a world‑class AI data hub. Minister Ashwini Vaishnaw said the plan covers all five layers of the AI technology stack and aims to...
Grenergy has secured a 10‑year financial tolling agreement for its 150 MW/600 MWh standalone battery in Oviedo, Spain’s largest announced storage project. The deal, signed with an investment‑grade international utility, takes effect in January 2028 while Grenergy will continue to operate the...
Eterna Plc announced the rollout of self‑service fuel terminals across its retail network, powered by Fuelmetrics Limited’s smart automation platform. The new stations allow motorists to pay with cards or digital vouchers, cutting queues, cash handling and human error. Corporate...
Zelestra has begun building the 9.5 MW Bellomo agrivoltaic solar plant in Modica, Sicily, under a 10‑year power purchase agreement with Swiss utility BKW that also covers the 6.5 MW Ginosa facility already operating in Puglia. More than 80% of the fenced...
A ceasefire would only mark the start of Ukraine’s energy crisis, as the war has left the power grid in ruins. Experts estimate at least three years of scheduled blackouts, with a 6‑hour on/4‑hour off cycle becoming the norm. Damage...
Air source heat pumps without well insulated homes are a waste or time. Insulation should always come first. And we need to get a grip on cowboy operators
Kenyan e‑mobility startup Arc Ride has secured a $5 million equity commitment from the International Finance Corporation to fuel its Series A round and regional rollout. The funding will accelerate the deployment of battery‑swapping stations across East Africa, complementing earlier debt deals...
Lyra Energy, a joint venture between Scatec ASA, Standard Bank and Stanlib, signed power purchase agreements with three corporate off‑takers for most of its inaugural 255 MW Thakadu solar project in South Africa. The plant will be built in two phases,...
NKT has inked a €6 billion long‑term agreement with Polish miner KGHM to secure copper supplies through 2036, extending their existing partnership by nine years. The contract covers copper needed for NKT’s power‑cable production as it scales up to meet rising...
CleanMax Enviro Energy Solutions announced a ₹3,100 crore IPO opening on Feb 23, with a price band of ₹1,000‑1,053 per share that values the company at up to ₹12,325 crore. The issue includes a ₹1,200 crore fresh issue and a ₹1,900 crore offer‑for‑sale by promoters,...
Renvolt, the EPC arm of Voltalia, has secured a turnkey contract to build the 124.2 MW Wexford Hub solar project in County Wexford, Ireland. The award deepens its partnership with the Irish utility ESB, which previously granted contracts for the 43.7 MW...
Forget climate change for the moment. One of the main reasons for supporting green energy is to reduce our reliance on gas for electricity generation. The Ukraine war has compromised access to Russian gas and this has had a massive...
People on the move: BluEarth Renewables, Palmetto, Solar Stack and more #energysky -- via pv magazine usa: https://t.co/VObxZV39ij https://t.co/WcbWZ9jKmM
In this episode the host shares three updates: the launch and community feedback on an Energy Comparison Tool, the U.S. publication of their new book "Clearing the Air" with links to purchase, and the excitement of being shortlisted for the...
Excellent discussion with Nigerian Minister Ekperikpe Ekpo @Ekperikpe001 on energy security & affordability in African countries & the need to deliver universal clean cooking access across the continent We also signed a Memorandum of Understanding deepening @IEA & 🇳🇬 cooperation https://t.co/NCDHnc9Y8t
The oil ministers of Iran and Russia met today. Contrary to popular belief, Moscow and Tehran are now bitter rivals in the oil market as the size of the black market for crude shrinks. Both compete to supply China. (My earlier @Opinion...
Guatemala’s Generation Expansion Plan 5 (PEG‑5) tender attracted 51 bidders submitting nearly 4.7 GW of capacity, more than three times the 1.4 GW the government sought. About 2 GW of the offers are solar, including hybrid projects with storage, while roughly 700 MW are natural‑gas‑fired...
Battery-enabled electric #cooking has strong potential to expand the use of energy-efficient appliances in settings with limited or unreliable electricity supply. Find out more in this @SEforALLorg, @UKMECS and @geccoHQ white paper. 🔗https://t.co/MvFp8PKN7b https://t.co/EciHWuSOXi
The question here is how much of this needs to be 1GW data centers that are difficult to add to the grid and driving higher electricity bills? We could build hundreds of thousands of small data centers within existing interconnections for...
Australian Vanadium Limited has formed an exclusive partnership with Japan’s Sumitomo Electric to compete for Western Australia’s AU$150 million, 500 MWh Kalgoorlie vanadium flow‑battery project. The deal makes Sumitomo the sole provider of its flow‑battery technology, engineering services and technical support for...
Peak-demand fear is fading, and now shareholders want growth again. Which do you want? Returns or Growth? Can't have both. People in hell want ice water. https://t.co/NKcPuvbtxE #oil #energy #BigOil #Exxon #Chevron #Shell #BP #TotalEnergies #OPEC #reserves #MAndA #markets #investing #geopolitics
AI power demand is so desperate we’re turning jet engines into gas turbines. It’s a workaround for years-long turbine wait lists The competition to see which AI companies survive is the main driver. https://t.co/LFKExUsqcY #AI #datacenters #power #naturalgas #turbines #energy #grid #infrastructure #aviation #markets
Yanmar Power Solutions, a Yanmar Holdings subsidiary, will construct an 8,000 m² factory on a 33,898 m² site in Amagasaki, Hyogo, to conduct test runs of marine hydrogen engines. Operations are slated to begin in March 2029, complementing the company’s recent ClassNK type‑approval...
I *love* this ternary chart showing developing economies increasingly go directly for clean electrons (solar plus some wind), bypassing the fossil economy that the US and EU went through. I expect Africa will take an even more direct route than India. https://t.co/KjsZV3S6P1...
#ITRK bought Aerial PV Inspection GmbH which uses Drones to inspect Solar Panels. No financial details given. ShareScope showing fwd p/e 17.7 falling to 16.2 and fwd Divvy 3.6% rising to 4%; classy business and decent yield now. I don't...
The International Energy Agency’s 2026 State of Energy Innovation report shows that energy security has become the primary catalyst for new technologies, eclipsing affordability and emissions concerns. Energy patents now cover roughly one‑tenth of all global filings, with batteries alone...
Three of Siemens Energy’s largest shareholders are urging the company to focus on stabilising its loss‑making wind turbine unit, Siemens Gamesa, before considering any spin‑off. The call follows activist investor Ananym Capital’s proposal to separate Gamesa, which it values at...
The 120 MW Sewa‑II hydropower plant in Kathua has amassed ₹3,674 crore in revenue since its commissioning in July 2010, under the operation of NHPC. The state government reported that only ₹32 crore—about 1 % of the total—has been transferred to the Local Area Development...
Chamundeshwari Electricity Supply Corporation (CESC) has asked the Karnataka Electricity Regulatory Commission (KERC) to approve a plan that bridges a ₹528.1 crore net revenue deficit for FY 2024‑25. The shortfall stems from higher power procurement costs, rising finance expenses and a 5.8%...
The Banda electricity department has launched a month‑long maintenance campaign from Feb 15 to Mar 14 to safeguard power supply ahead of the summer peak. Chief Engineer Arvind Nayak detailed that 107 substations, 1,379 distribution transformers and 353 lines will undergo inspection...
Ceew CEO Anurabha Ghosh highlighted how artificial intelligence can fine‑tune renewable energy dispatch, forecast storm surges and flood risks, and make agriculture more climate‑resilient. She warned that AI’s own resource footprint—energy and water for data centres—must be managed intentionally. India’s...
Exponent Energy has spun off Exponent One, a fintech and asset‑management platform aimed at financing commercial electric vehicles, and secured $2 million in pre‑seed funding from AdvantEdge Founders. The subsidiary, led by former Ola executive Sandeep Divakaran, will leverage real‑time data...
