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
Wanxiang A123 Systems introduced its Star Series semi‑solid‑state cells integrated into the Star River BESS, featuring system‑level immersion cooling that keeps temperature variance within 2 °C. The solution promises up to 10,000 cycles at room temperature and a 15% reduction in levelised cost of energy. Meanwhile, Hithium completed a large‑scale fire test on its 6.25 MWh ∞Power BESS, demonstrating that fire remained confined despite open‑door conditions. Both announcements underscore a shift toward intrinsic safety and higher durability for grid‑scale storage.
Volkswagen Group announced it has produced five million battery‑electric vehicle drivetrains, cementing its dominance in the German BEV market with a 42% share in 2025. The milestone includes the APP550 unit, which reached one million units at the Kassel plant...
Using hydrogen as a fuel to replace natural gas has been strongly promoted by vested interest groups. Many including myself raised serious concerns about scalability, cost and efficiency. The more time passes, the more it looks like those concerns were...
Emsys VPP and Pure Energy are deepening a partnership that began in 2016 to jointly enter the ancillary services market. The collaboration will deploy Emsys VPP’s virtual power plant platform, allowing Pure Energy to market ancillary services in Germany for...
The UK’s Allocation Round 7a awarded 1.3 GW of onshore wind capacity contracts, with 27 projects securing 20‑year CfDs at a clearing price of £72.24/MWh. The bid ceiling was £92/MWh, indicating strong cost competitiveness. Scotland captured over 1 GW of the awards, while...
Chinese energy‑storage giants are signing multi‑GWh deals worldwide, signalling a rapid international expansion in 2026. Cornex will deliver 5.5 GWh to Saudi Arabia, while CATL, together with Schroders Greencoat and Lochpine Capital, targets up to 10 GWh of European battery‑storage projects. Tianneng...
In this brief episode, the hosts discuss NASA's renewed partnership with the U.S. Department of Energy to develop safe nuclear power systems for space missions. They explain how compact fission reactors could provide reliable energy for deep‑space exploration, lunar bases,...
Lucid Motors is deepening its alliance with Rockwell Automation to embed FactoryTalk MES across its Saudi Arabian greenfield plant, aiming for full‑scale EV production by late 2026. Vice President Gaetano Cantalupo emphasized that while digital systems ensure consistency and speed,...
President Donald Trump issued stop‑work orders on five Atlantic offshore wind projects, but federal judges ruled that while he can halt new lease issuances, he cannot suspend work on already‑approved sites. Consequently, Vineyard Wind, Revolution Wind, Sunrise Wind, Empire Wind...
Victoria’s government has fast‑tracked two large‑scale battery energy storage projects, totaling 700 MW and 2,740 MWh, through its Development Facilitation Program. Atmos Renewables will build a 300 MW/1,140 MWh system in Heywood, while Akaysha Energy will develop a 400 MW/1,600 MWh BESS in Glenrowan, together creating...
Solar and batteries are an amazing success story, but lets be a bit careful in getting ahead of ourselves on their near-term potential to decarbonize Chinese heavy industries like aluminum (which is heavily dependent on colocated coal plants). A great...
CA solar has similar reliability as US coal: 2025 avg capacity factor of all 21.58 GW* of solar on @California_ISO grid: 30.2% 2024 CF US coal: 42.6% https://t.co/hFwYGckUSR Coal not much more reliable than CA solar *=avg Dec '24 & Dec '25 nameplates Solar: 57,054 GWh/y
Operational technology (OT) cyberattacks have so far been limited by attackers' lack of deep process knowledge, but experts warn that a shift toward "living‑off‑the‑plant" techniques could enable more damaging exploits. Recent ransomware spillovers into OT and incidents like the Norway...
Imported solar panels are no longer subject to Section 201 tariffs after they expired on February 6, 2026, ending an eight‑year protection regime that began under the Trump administration. The tariffs, which started at 30 % and gradually declined to 14 % by 2025, were...
The February 2026 North American Oil Data Deck reveals that petroleum liquids output hit a record 31.4 million barrels per day, driven by a surge in Canadian production that more than compensated for flat U.S. and Mexican output. Meanwhile, continental...
The article explains how the intense vacuum created in HRSG condensers draws air through even tiny leaks, dramatically reducing heat‑transfer efficiency. By tracking weekly air‑flow rates and cleanliness factors, operators can spot non‑condensable‑gas ingress before fouling or scaling becomes apparent....
Altitude, the leading carbon‑dioxide‑removal financier, has partnered with Alcom to purchase over 360,000 tonnes of CO₂ Removal Certificates, bringing its total CDR procurement to more than 720,000 tonnes. The credits, generated by Alcom’s bio‑char facilities in the Philippines and India,...
The U.S. military conducted a right‑of‑visit boarding of the Panama‑flagged tanker Aquila II in the Indian Ocean after tracking it from the Caribbean. The vessel, linked to sanctions on Venezuelan and illicit Russian oil, had been operating with its transponder off,...
Langley Holdings Power Solutions is positioning itself as a key provider of independent, on‑site power for AI‑driven data centers, leveraging its Bergen Engines, Piller Power Systems, and Marelli Motori assets. Its 12.5‑megawatt, 175‑ton generator modules and kinetic‑flywheel conditioning deliver the...
The power sector is witnessing a flurry of initiatives aimed at meeting soaring electricity demand, especially from AI‑driven data centers and large industrial loads. Companies such as Langley Holdings and Rolls‑Royce are promoting on‑site and modular generation solutions, while EthosEnergy...
Syncraft will install a second climate‑positive power plant for PurEnergy in Bruck an der Leitha, Austria. The facility will deliver 1 MW of renewable electricity, 1.4 MW of green heat, and produce 1,000 tonnes of biochar annually, equivalent to removing 2,500 tonnes of CO₂....
VinFast is launching a full‑scale electric scooter line in Indonesia, backed by seven national‑level dealers and a newly operational Subang manufacturing complex. The company targets a market dominated by Honda, leveraging a vertically integrated model that includes batteries, charging stations,...
A new Lancet Planetary Health study links rising electric vehicle registrations in California to measurable reductions in tropospheric nitrogen dioxide (NO₂) levels between 2019 and 2023. Using high‑resolution TROPOMI satellite observations cross‑checked with ground monitors across 1,692 ZIP Code Tabulation...
GAC International Philippines has merged all local brands under the ONE GAC structure, creating a single factory‑owned organization for sales, dealer management and after‑sales support. The consolidation brings together internal‑combustion models, the AION electric range and the Hyptec sub‑brand, aligning pricing,...
The U.S. Department of Energy is reviving uranium recovery at the Savannah River Site’s H‑Canyon plant to down‑blend highly enriched uranium into roughly 19 metric tons of high‑assay low‑enriched uranium (HALEU) for advanced reactors. A parallel $19 million grant program funds...
The author performed a real‑world test towing a 5,680‑lb travel trailer with the 2025 Chevrolet Silverado EV. After verifying hitch drop, weight distribution and axle loads on a CAT scale, the truck demonstrated rail‑like stability and ample torque on steep...
The International Energy Agency (IEA) revised its wind‑power outlook, emphasizing the need for greater system flexibility to clear long grid‑queue backlogs. It warned that solar will soon generate twice as much electricity as wind, reshaping the renewable mix. The agency...
Hanwha Renewables and Chrysalis Renewables have forged a strategic partnership to fast‑track over 3.5 GW of solar and battery storage projects, beginning in North America. The deal leverages Hanwha’s vertically integrated EPC and U.S. manufacturing capabilities with Chrysalis’s disciplined acquisition model...
In this free webinar, host Doug Garber brings together oil market veteran Paul Sankey and AlphaSense researcher Xavier Smith to dissect the current state of Venezuela’s oil sector. They explore the country’s production potential, the political and operational barriers that...
The European Union announced plans to replace its $44.10‑per‑barrel Russian oil price cap with a comprehensive ban on maritime services for Russian crude, pending member‑state approval. The ban would block hull, machinery, and insurance services, pushing Russia toward the uninsured...
FlexGen has placed two utility‑scale battery energy storage systems (BESS) into service for Alliant Energy, delivering a combined 700 MWh capacity across Wisconsin and Iowa. The 75 MW/300 MWh Wood County project sits beside a 150 MW solar farm in Saratoga, Wisconsin, while the...
The U.S. International Trade Commission’s Administrative Law Judge Doris Johnson Hines issued an initial determination that Voltage’s LYNX trunk‑bus products infringe two Shoals Technologies Group patents (Nos. 12,015,375 and 12,015,376) under Section 337 of the Tariff Act. The finding follows a series of...
Sungrow announced a €230 million investment to build its first European production facility in Wałbrzych, Poland. The 65,400 m² plant will deliver up to 20 GW of inverters and 12.5 GWh of battery storage annually, with commissioning slated within twelve months. The project is...
Thyssenkrupp Steel has signed four new power purchase agreements delivering roughly 230 GWh of renewable electricity from wind and solar assets across Germany. The contracts, with Quadra Energy, Statkraft, Centrica Energy and Sunnic Lighthouse, will power subsidiaries such as Rasselstein, Precision...
Nexra, Cadeler’s dedicated O&M subsidiary, landed a firm contract worth over €20 million to service two offshore wind farms in Taiwan. The three‑to‑four‑month campaign begins in March 2026 and will be executed with Cadeler’s Wind Maker installation vessel. The deal showcases Nexra’s 2025‑launched...
Venterra has opened a larger Oceanscan base in Singapore, marking a major expansion of its Asia‑Pacific footprint. The new hub provides expanded office, storage, testing and mobilisation space to meet rising offshore energy demand. Acquired in 2024, Oceanscan now operates...
The episode examines a draft German law that would require wind and solar developers to cover the costs of connecting their projects to the electricity grid, a move prompted by a surge of connection requests, especially from large‑scale battery storage...
Vattenfall announced Sonja Müller‑Dib will become vice‑president of its trading business unit on 1 May 2026. Müller‑Dib arrives from Shell after more than two decades in senior roles across the European gas and power markets, most recently leading Shell Energy Deutschland and B2B...
Offshore wind farms in the Baltic Sea supplied about 5,400 GWh to 50Hertz’s extra‑high‑voltage grid in 2025, a roughly 10 % year‑on‑year increase. The boost came from the full‑output of the 450 MW Baltic Eagle project and the earlier connection of the 250 MW...
CWP Europe has commissioned the 174 MWdc Studina solar project in Romania, marking the facility’s commercial operation date. The plant will produce roughly 245 GWh of electricity per year, enough to power 122,500 households and avoid about 220,500 tonnes of CO₂ annually. A...
In this episode, Kevin interviews Blake Chroman, Principal at Sitex Group, about how warehouse power infrastructure is becoming a decisive factor in industrial real estate leasing and development. Chroman explains that electrical capacity, utility connection timelines, and total occupancy costs...
Eurowind Energy has entered a 10‑year hybrid corporate power purchase agreement with Rockwool to deliver renewable electricity from its Mirosławiec wind farm and Marulewy solar plant in Poland. The deal will provide roughly 70 GWh of clean power each year, beginning...
TotalEnergies has signed two long‑term power purchase agreements delivering 1 GW of solar power to Google’s Texas data centres. The electricity will come from the 805 MWp Wichita and 195 MWp Mustang Creek projects, slated to start construction in Q2 2026. Over 15 years the...
Nadara has chosen ZX Lidars’ ZX 300e wind lidar fleet to underpin its UK onshore wind repowering program. The agreement, announced at the Wind Lidar Masterclass in Berlin, provides a fully turnkey package with field services, operational support, and dedicated power systems...
EVE Energy secured a contract with the Malaysian government to install a 36 MWh solar‑plus‑storage system at Kuala Lumpur International Airport, using its newly mass‑produced 628 Ah lithium‑iron‑phosphate (LFP) cells. The large‑format cells deliver higher energy density than the industry’s typical 300 Ah...
Australia’s power‑system transition is shifting focus from sheer megawatt capacity to essential system services such as voltage stability, inertia and fault response. AEMO’s 2025 Transition Plan warns that without these services, the withdrawal of synchronous coal and gas generators could...
China's primary aluminum sector, producing about 44 million tons annually, has seen its CO₂ emissions likely peak in 2024. The peak stems from a massive geographic shift moving roughly 13 million tons of output from coal‑heavy provinces to hydro‑rich regions such as...
Chinese electric‑vehicle makers are eyeing Canada as a strategic foothold into North America, with a government‑approved quota of 49,000 units annually – roughly 3.8% of the market. BYD is projected to dominate the allocation, taking about 30% of the quota,...
Lunar Energy announced a $232 million Series C and D financing round, led by Activate Capital, B Capital and Prelude Ventures, with Sunrun among the backers. The capital will fund expansion of its AI‑powered residential energy‑storage system that learns household consumption patterns and enables...
Canada has moved from explicit EV sales quotas to tightening fleet‑average emissions standards with tradable credits, while allowing low‑cost Chinese EVs to enter at a reduced duty. The standards will cut average emissions about 10% each year, creating lifetime credits...
