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
Equitix’s Achal Bhuwania argues that Europe’s clean‑energy transition and its next wave of economic growth will depend on mid‑market infrastructure projects. He stresses that these assets, sized between large‑scale utilities and small‑scale renewables, can deliver the flexibility and speed required for decarbonisation. Equitix is positioning its capital and expertise to scale such investments across the continent. The commentary highlights the need for coordinated policy and financing to unlock this segment.
Australian battery‑storage lenders are rapidly adapting to a market now dominated by merchant‑risk projects, with banks like ING, Société Générale and the CEFC noting that operational and grid risks differ sharply from traditional solar contracts. The financing sweet spot has settled...
Rhythm Energy expands renewable electricity plans to commercial customers in Texas #energysky -- via pv magazine usa: https://t.co/epGWLFDrfy
France proposes linking solar subsidies to storage as prices turn negative #energysky -- via pv magazine global: https://t.co/83Xw93wRd2
The Interior Department’s Endangered Species Committee, known as the “God Squad,” voted to exempt all federal oil and gas operations in the Gulf of Mexico from Endangered Species Act protections. The move, driven by Defense Secretary Pete Hegseth’s national‑security claim,...
T1 Energy Inc. announced a fourth‑quarter net loss of $190.04 million, or $0.87 per share, while loss from continuing operations expanded to $153.03 million. The company reaffirmed its FY26 outlook and accelerated its U.S. solar rollout, prompting the stock to tumble about...
FuelCell Energy (FCEL) reported FY2025 revenue of $158.2 million, split among product, generation, advanced‑technology and service streams. By early 2026, more than 80% of its commercial pipeline is linked to AI‑driven data‑center projects, while South Korea module commissioning lifted Q1 revenue...
Hawai'i 9 months away from commercial electric cargo flights and 27 months from commercial electric passenger flights. https://t.co/JOtIskF9uy Good start to satisfy Hawai'i's settlement to go 0-emission transport. https://t.co/tR1kGYUCOO @youthvgov
What end-to-end visibility reveals about hidden BESS safety risks #energysky -- via Energy Storage News: https://t.co/Fkb7xkhlEV
Australia’s east‑coast gas market is projected to face tight supply conditions during the winter months of Q3 2026, according to the ACCC’s interim gas inquiry report. The balance could swing between a 12 PJ shortfall and a 3 PJ surplus, largely dependent on...
Even if oil flows recover, refineries are the real squeeze, says Macquarie's Vikas Dwivedi Refinery run cuts have tightened product supply. It will take 4-6 weeks to recover after Hormuz opens to full transit. And there's uncertainty about refinery damage.
JUST IN: Brent crude oil futures surged 60% in March, delivering the biggest monthly gain ever.
Australia’s clean‑energy rollout has stalled as 2025 utility‑scale solar and wind investment fell to less than half of 2024 levels, jeopardizing the federal goal of an 82% renewable‑energy mix. To meet the target, the country must retire most of its...
Georgian firm George Oil Ltd signed a contract to import coal, metals and chemical products from the Russian‑occupied Donetsk region, planning domestic use and exports to India and Turkey. The deal arrives despite the EU’s full ban on Russian and...
The REECE2 power‑generation unit, sidelined after a suspected fire on 5 August 2025, produced its first measurable output on 1 April 2026, as captured by SCADA data at roughly 08:30 NEM time. Early market data from ez2view’s Bids & Offers widget indicate a cautious approach...
Iran announced legislation to levy transit fees and require cargo disclosures for ships passing the Strait of Hormuz, effectively turning the chokepoint into a revenue‑generating control zone. Despite U.S. threats to target Iranian oil facilities, Tehran’s oil exports have held...
Saudi Arabia is accelerating its shift from oil to energy storage, earmarking $64 billion in mining revenue by 2030 and targeting 48 GWh of domestic battery capacity. The kingdom aims to challenge China’s dominance by developing lithium‑metal technology and exploiting its own...
Thailand's Oil Fuel Fund, facing a 42.1 bn baht (≈$1.14 bn) deficit, is set to seek a loan of up to 40 bn baht (≈$1.1 bn) from commercial banks. The request follows the formation of Prime Minister Anutin Charnvirakul’s new cabinet, which restores full borrowing...
U.S. airstrikes have repeatedly knocked out electricity in Tehran, marking a shift toward targeting Iran’s civilian infrastructure such as power grids, a pharmaceutical plant, universities, and fuel depots. Iranian officials denounce the attacks as illegal and express deep mistrust of...
PTT Oil and Retail Business (OR) announced a $1.76 bn (58 billion baht) investment plan through 2030, earmarking up to $1.15 bn for its oil and electric‑vehicle (EV) operations. The company aims to expand its EV charging network to serve 7,000 motorists daily...
Microsoft is in exclusive negotiations with Chevron and activist fund Engine No. 1 to secure a long‑term electricity off‑take from a proposed 2,500‑megawatt natural‑gas power plant in West Texas. The $7 billion project, slated for completion before 2030, would supply power to a...
Asked how he'll bring down gas prices, President Trump says: "All I have to do is leave Iran, & we'll be doing that very soon." Trump also just reiterated his view that securing passage through the Strait of Hormuz is a...
Polar LNG, a newly formed company, has submitted a proposal to build a near‑shore liquefaction plant on Alaska’s North Slope, aiming to export stranded natural gas. The project envisions a $10‑plus billion investment and a 5 million‑tonne‑per‑year capacity, but it currently lacks...
Exploding Alberta's "Oil Demand Will Grow Forever" Myth I take issue with Peter Tertzakian's “End of Oil? We’ve Heard that Before” argument. #ableg #abpoli https://markhamhislop.substack.com/p/exploding-albertas-oil-demand-will
Qcells launches turnkey solar and storage program for new home construction #energysky -- via pv magazine usa: https://t.co/gyNI4D9iuh
Egypt is courting British oil major BP for new upstream investments to revive its dwindling oil and gas output. The push comes as the country grapples with a severe gas supply crunch intensified by the ongoing Middle East conflict, which...
Sailing out of the Persian Gulf via the Iranian Toll Booth 1⃣Strait of Hormuz Update 31 March 2026 2⃣Where Are all the President's Tankers? 3⃣Sailing on MT Zea via @NewsNation Video: https://t.co/PVC4pY7aWJ
BofA Securities Equity Client Flow Trends Clients sold everything except SMID caps last week Biggest Energy ETF inflows since the start of Russia Ukraine war vs record Energy single stock outflows Buybacks by corp. clients decelerated wk/wk https://t.co/1GiRZIhmiM
Crude oil futures ended March with a modest daily decline but posted robust monthly gains, driven by heightened geopolitical tension. The ongoing war in the Middle East and the effective closure of the Strait of Hormuz have constrained supply and...
Solar curtailment reaches Tokyo, Japan’s last holdout grid area #energysky -- via pv magazine global: https://t.co/39BbREz2pU
ROUNDUP: Non-lithium energy storage system technology advances in US, Spain, and Scotland #energysky -- via Energy Storage News: https://t.co/8oNd50Neh9
On March 31, 2026, global crude oil prices edged higher, with Brent crude closing near $85 per barrel and U.S. West Texas Intermediate (WTI) around $80. The rise reflected OPEC+’s decision to extend voluntary output cuts and a modest draw...
Very thorough and detail account of the situation on Venezuela - gives me hope and makes me think maybe we should all be considering these approaches in the face of a looming fuel crises like no other
Have researchers broken through the “impossible” solar conversion ceiling? #energysky -- via Renew Economy: https://t.co/JLYVABWY2U https://t.co/T1C7TpKgIx
May natural‑gas futures slipped slightly, closing at $2.884 per million British thermal units after peaking at $2.977 on Tuesday. Analysts attribute the dip to record U.S. production and a seasonal warming trend. Demand estimates show residential and commercial consumption at...
We should be building a dozen new nuclear power plants in America right now, today. The best time would’ve been 20 years ago. The second best time is now. We know how to make electricity so abundant it’s darn near free....
Higher LNG prices also putting LNG terminals at risk. There's upside and downside here. To the extent that these were driving coal -> gas switching, more downside than up. But if coal is also constrained, would boost renewables.
Energy Intelligence’s March 31 roundup highlights a resurgence of LNG development, with Polar LNG unveiling a near‑shore liquefaction plant on Alaska’s North Slope—an idea dismissed in 2018. Egypt is accelerating upstream gas projects to relieve a regional supply crunch, while...
If Hormuz remains close the price of oil and refined products could rise to $200, $250, $300 per barrel or any number.
Will California fund or kill its thriving virtual power plant program? #energysky -- via Canary Media: https://t.co/jWMDx0bSMq
The Endangered Species Committee, known as the "God Squad," voted unanimously to exempt offshore drilling in the Gulf of Mexico from endangered‑species protections, marking its first meeting in three decades. The decision removes legal barriers for new wells, reviving a...
"Shippers remain doubtful of a wholesale return to the Strait of Hormuz while it remains beset by conflict, throwing cold water on a Trump administration plan for US-backed insurance and naval escorts to clear passage through the vital waterway." https://t.co/SlR4K6Sl2Z...
Tesla advances plan to build 100 GW of U.S. PV manufacturing capacity by 2028 #energysky -- via pv magazine global: https://t.co/BLs5NqxfHH
ClassNK has granted both a Manufacturing Procedure Approval and a Type Approval for KOBELCO Wire Company's new semi‑parallel wire cable (SPWC), marking the society’s first endorsement of this corrosion‑resistant product. The cable features 7 mm galvanized steel wires coated in polyethylene,...
Prices at the pump? UK running out of fuel? What should the government and the public do in the face of the US-Israel/Iran energy crisis? https://t.co/dVMIfX1kI1 via @Channel4News with @mattfrei
1 million bpd Basra-Aqaba pipeline costing $9 billion would have paid for itself in 3 months in the current crisis. And given Baghdad some resilience against closure of the Strait. Exactly why the Iran-aligned parties blocked it over nonsense arguments about...
The S&P 500 energy sector had its 2nd-best quarter relative to the broader market on record. @augurinfinity https://t.co/AVJYMyYzGn https://t.co/2HEDAj7UkT
APA Solar expands manufacturing campus in Northwest Ohio #energysky -- via Solar Power World: https://t.co/LAbOEhlXCp
I can’t believe the Strait of Hormuz has been closed for four weeks. It seems like so much longer than that. Scarcely do I remember the last time petrochemicals, urea, helium and other fundamental components could safely transit to key...
One problem w this filing - which purports to justify making everyone pay for data center transmission - is that it assumes FERC's 1994 transmission pricing policy still holds. It shouldn't. It was written to foster wholesale mkt competition and...
