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.
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. Three real‑world case studies illustrate cracks, faulty traps, and open valves that caused sudden performance drops and costly tube failures. The piece underscores that early detection and prompt repair preserve turbine back‑pressure, fuel savings, and equipment longevity.
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...
Russia has intensified a winter bombing campaign that systematically strikes Ukraine’s power plants, transmission lines, and heating infrastructure, leaving millions without essential energy amid sub‑zero temperatures. Analysts label the strategy a modern "kholodomor," echoing the Soviet‑era famine, and argue it...
In this week’s Oil Context Weekly, the host reviews flat crude prices slipping below $68 a barrel after geopolitical chatter between the U.S. and Iran, while noting a modestly backwardated term structure with a "smiley‑faced" futures curve extending to 2027....
ULI Europe’s C Change programme has released an Asset Sustainability Committees Best Practice Guide to help owners, occupiers and property managers coordinate decarbonisation in multi‑let commercial buildings. The guide, built on interviews with twelve leading European real‑estate firms, outlines how structured...
Pacific Gas & Electric (PG&E) announced it will pilot the SPAN Edge at‑the‑meter device through its new PanelBoost program, allowing customers to add electric appliances and EV chargers without costly panel upgrades. The technology provides real‑time load management and dynamic...
VINCI Airports’ Nantes Atlantique Airport has completed a €15 million electrification programme for its airside operations. The upgrade adds twelve powered aircraft stands and one hundred electric charging points for ground support equipment, aiming to cut fuel‑burn emissions by up to...
Ørsted is exploring partnerships and M&A in Europe and the APAC region to sustain revenue growth after completing its 8.1 GW offshore construction portfolio by 2027. CEO Rasmus Errboe emphasized a value‑over‑volume approach, targeting fixed‑bottom schemes in core markets and reviewing upcoming...
Erika Tsirikou and Josh Michalowski discuss how ongoing Red Sea tensions are forcing tankers to bypass the Suez Canal and the potential reopening of the canal by 2026. They examine the resulting pressure on clean LR1 and LR2 freight rates,...
German Chancellor Friedrich Merz spent three days in Riyadh, Doha and Abu Dhabi to secure Gulf energy, investment and defence deals aimed at reducing Berlin's reliance on the United States and China. After the 2025 loss of Russian pipeline gas, Germany imported...
E-Storage, Canadian Solar’s storage arm, and Sunraycer Renewables have signed agreements to supply and service two battery energy storage systems in Franklin County, Texas, collectively called the Lupinus projects and totaling 503 MWh. Lupinus 1 (202 MWh) will break ground in Q1 2027 and...
German renewables developer PNE was passed over for a 2 GW offshore wind farm off Vietnam’s Binh Dinh province, with authorities selecting VinEnergo, a new Vingroup subsidiary. The $4.6 bn project is part of Vietnam’s pledge to install 6 GW of offshore wind by...
TotalEnergies is requesting up to $250 million from the European Bank for Reconstruction and Development to finance its 1 GW Mirny on‑shore wind farm in Kazakhstan’s Zhambyl region. The project will install roughly 140 Sany and Envision turbines ranging from 6.5 MW to...
Nordex Group announced January 2026 orders totaling 220 MW from Great Britain, Turkey and Lithuania. The British contract involves 14 N163/6.X turbines delivering over 90 MW, while Turkey receives 78 MW of turbines, marking the first use of the N175/6.X model there. Lithuania...
Haropa Port, Zhejiang Provincial Seaport Group, Bureau Veritas, MSC and TiL signed an agreement in Shanghai to launch the first green shipping corridor between France’s Haropa Port and China’s Ningbo Zhoushan Port. The corridor aligns with IMO’s 2050 carbon‑neutral target...
Everllence secured its 2,000th dual‑fuel two‑stroke engine contract, a deal placed by Cosco Shipping Lines for a 12‑ship order of 18,000‑TEU container vessels built at Jiangnan Shipyard in China. The order features the B&W 8G95ME‑GI Mk. 10.5 engine, which incorporates exhaust‑gas recirculation and...
Kongsberg Maritime secured a contract to design and equip four 15,600 dwt handy‑size tankers for Transpetro, Brazil’s Petrobras transport arm. The vessels will be constructed at Consórcio Marenova, a joint venture between Ecovix and MacLaren, and are engineered for future methanol...
