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
Epsilon Energy's chief operating officer, Henry Nelson Clanton, used the Q4 2025 earnings call to outline a aggressive operational scaling plan that delivered a 54% year‑over‑year production increase and a 75% rise in adjusted EBITDA. The roadmap centers on the recent Peak acquisition, expanded drilling in the Powder River Basin, and a sharpened sales execution strategy.
The Consumer Finance Monitor podcast highlighted a shift in residential solar finance from rapid growth to heightened regulatory and litigation pressure. The CFPB’s 2024 spotlight on hidden dealer fees and aggressive state‑attorney‑general investigations are driving a wave of enforcement actions....
Hungary announced it will cease gas deliveries to Ukraine, intensifying a regional energy standoff. The move threatens Ukraine's power supply as the country awaits a €90 billion EU loan that Hungary is delaying, while broader sanctions and oil market shifts add...
EPA Administrator Lee Zeldin announced a five‑day emergency waiver permitting the sale of E15 gasoline across the United States. The move targets gasoline that has risen to almost $4 per gallon as the Iran war tightens oil supplies, and it...
Claros, a power‑management startup, raised a $30 million seed round led by General Catalyst and Red Cell Partners. The funding will accelerate development of its integrated voltage regulator (IVR) and Power Gateway direct‑current distribution platform. The IVR claims up to 30%...
Grid and energy infrastructure operators across Europe are facing a new pricing reality as suppliers shift to volatile, index‑linked contracts for critical metals. To manage this risk, operators are adopting independent market benchmarks and automating pricing workflows. Fastmarkets helped a...
The Financial Executives Institute of the Philippines (FINEX) welcomed the government’s declaration of a national energy emergency and urged full transparency in emergency fuel procurement, highlighting a recently announced P20 billion diesel purchase—roughly $363 million. FINEX emphasized that targeted, time‑bound measures are...
Senior Citizens Party‑list Rep. Rodolfo Ordanes urged the Philippine House to investigate a sharp diesel price surge that has pushed pump rates above P100 per liter (≈$1.80), the highest increase among Asian nations. He blamed limited refinery capacity and alleged profiteering...
New Zealand’s regulator has received a prospecting permit application from domestic firm CBX Energy Ltd to explore hydrocarbons in the offshore Canterbury Basin, the first such request since the 2018 exploration ban was lifted in late 2025. The government opened...
Germany’s Federal Network Agency will adopt a new classification framework developed by Fraunhofer IOSB‑AST to evaluate cybersecurity incidents in the energy sector under the EU NIS 2 Directive. The methodology introduces a three‑stage, risk‑based model that moves from initial incident reporting...
Serica Energy estimates that about five trillion cubic feet of gas lie beneath the seabed west of the Shetland Islands, enough to meet UK household demand for roughly five years. The company says the deposits sit close to existing pipelines,...
The first‑quarter 2026 Dallas Fed Energy Survey shows that exploration and production (E&P) companies are flagging the Iran‑Israel war as a major source of volatility. While a few firms note a temporary boost to oil prices and potential profit upside,...
Transport for Wales has granted all 22 Welsh local authorities free access to ChargePoint Navigator, a planning dashboard previously limited to councils in England. The tool, created by Field Dynamics, Cenex, ZapMap and UK Power Networks, aggregates data on network...
French independent power producer Qair has secured a power purchase agreement with Brazil’s LPG distributor Ultragaz for its 192 MW Bom Jardim solar PV plant in Ceará. The plant, which entered commercial operation earlier this year, is one of ten projects...
Alberta sits atop an estimated 82.5 million tonnes of lithium‑carbonate‑equivalent, a resource valued at over US$1 trillion and enough to supply batteries for more than 10 billion electric vehicles. The province is developing direct lithium extraction (DLE) technology that repurposes oil‑and‑gas drilling expertise...
Austria installed about 1.63 GW of new photovoltaic capacity in 2025, a 22% decline from 2024’s 2.08 GW. The slowdown leaves total solar capacity at roughly 9.9 GW, well short of the 2 GW per year needed to meet the country’s 100% renewable electricity...
The letters to the editor flag four pressing issues for India. A halted Russian oil import and the Hormuz Strait closure have strained the country’s energy supply, prompting calls for domestic gas, electric‑vehicle adoption, solar power and local oil extraction....
Data centers in the United States set new electricity consumption records in 2025, driven by exponential growth in cloud services and AI workloads. Despite this surge, new construction projects are slowing, as utilities grapple with supply‑chain bottlenecks, labor shortages, and...
Growing US, Canada Crude and Fuel Surplus - When the December 2026 (Dec26) WTI crude future started trading in 2017, the US and Canada had a supply-demand deficit near 1 million barrels a day (MMb/d). Now it's a roughly 7 MMb/d...
Data center operator Iron Mountain is installing a 23 megawatt‑hour lithium‑ion battery system from Tesla at its New Jersey facility, slated for commissioning before the end of 2026. The storage will work alongside a 7.2‑MW rooftop solar array to reduce grid...
The UK government has pledged up to £64 million (about $81 million) to help develop a floating offshore wind hub at Port Talbot in the Celtic Sea. The funding will allow Associated British Ports to complete design and engineering work, targeting at...
Tesla is in talks to acquire about $2.9 billion of solar‑manufacturing equipment from Chinese suppliers, including screen‑printing machines from Suzhou Maxwell Technologies. The move supports Elon Musk’s goal of adding 100 GW of solar capacity in the United States and addresses rising...
Everybody Solar and the One Spirit nonprofit are installing an 18‑kW rooftop solar array with battery storage at Pine Ridge Reservation’s first district laundromat. The system will produce roughly 25,672 kWh of clean electricity each year, lowering utility expenses and providing...
The Trump administration’s push for "energy dominance" is hitting headwinds, as Energy Secretary Chris Wright downplays the Iran war’s impact while urging producers to boost output. Industry leaders warn that chasing short‑term price spikes can erode value and deter long‑term...
Former Kyrgyz National Bank chief Melis Turgunbaev was detained on March 26 after resigning amid a widening Kyrgyzneftegaz corruption probe. The State Tax Service alleges the state oil firm lost more than 4 billion soms (approximately $45.7 million) over five years, with funds...
Renewables are the only exit strategy: Day 27 update of the structural heart attack currently taking down the fossil fuel system ➡️India: PANIC. Long queues at petrol pumps nationwide, total dry-out risk up. 9 days of reserves left. Restaurants shut in...
Goldman is onto something important here. This is not your grandfather’s oil crisis. It won’t be felt as a supply shock across the Atlantic because North America is a self-sufficient producer. It also means US and Canadian oil companies are about...
U.S. gasoline prices climbed to a national average of $3.96 per gallon, up from $3.72 a week earlier, prompting several states to weigh temporary gas tax holidays. Georgia has already suspended its fuel tax, while California, Connecticut, Florida, Maryland and...
Ariston launches residential propane heat pump with built-in PV function #energysky -- via pv magazine global: https://t.co/Y3xAaEoyF6
@Mrmbrown and I talk about the myth of global Natural gas prices in our latest podcast https://t.co/w3EnDXDlpv
Councils across England are grappling with the task of installing electric‑vehicle charging points that meet accessibility standards while contending with limited street space. More than half of local authorities flag the balance between accessible charge points and real‑world constraints as...
Gas was $2.93/gallon a month ago. It's $3.88 now. That's a 32% jump. The consumer was already stretched. Now they're paying it at the pump. Inflation isn't just a Fed problem. It's a kitchen table problem. $SPY $XLE https://t.co/eyD0h4taV8
Big spinning machines: State seeks partners for syncon rollout at former coal hub #energysky -- via Renew Economy: https://t.co/nO8PRcHFIZ https://t.co/DHcb9ALaho
Britain’s Crown Estate announced a sixth offshore wind leasing round slated for the first half of 2027, targeting at least 6 GW of new capacity. The round will focus on shallow, fixed‑bottom sites in the northeast of England, complementing the country’s...
Japan publishes new guidelines for flexible solar cell installations #energysky -- via pv magazine global: https://t.co/B8mwh85Uab
Pakistan's solar revolution: from 0% to 25% in a decade. 2021: 4% 2022: 7% 2023: 10% 2024: 14% 2025: 25% Solar is now Pakistan's #1 electricity source. Not driven by policy — driven by consumers. https://t.co/2Ha6oSG2AR
The World Platinum Investment Council reports accelerating global rollout of platinum‑based hydrogen fuel‑cell buses. New Flyer has secured 500 fuel‑cell engines (50 MW) for its Xcelsior CHARGE FC buses, while Portugal’s CaetanoBus is delivering 12 buses and building green‑hydrogen production and...
AI data center developers eye solid-state transformers for AI power density #energysky -- via pv magazine usa: https://t.co/gY1HRF4Nf8 https://t.co/vqeJUFfjGs
The Iran War’s impact on energy prices is spurring people around the world to abandon fossil fuels in favor of cheaper electric alternatives. https://t.co/77Mhb5jb1i
TotalEnergies announced it will reassess its 2050 net‑zero target, acknowledging that the global energy transition is progressing too slowly to meet Paris Agreement goals. The French oil major reported 2025 emissions of 368 million metric tons CO₂‑equivalent, a modest decline from...
Trump tends to be good for clean energy $PBW stocks and we have our first "pullback against" the new rally here vs. dirty $XOP oil & gas energy stocks... who's buying the (relative) dip? https://t.co/inQkFxBlBE
If you're interested in what an Iran oil embargo means, how it would work, how it would be enforced, how high oil prices might rise as a result, what would happen to Iran's economy, I discussed all this with @paulkrugman...
TransnetBW and Octopus Energy’s OctoFlexBW pilot proved that 700 private‑EVs can provide grid‑flexibility services through Germany’s Redispatch 2.0 process. The fleet shifted about 2 MWh of load per day, demonstrating a fully automated chain from system‑operator dispatch signals to household chargers, including...
A home battery case study: From little interest in storage, to bills that are always in credit #energysky -- via Renew Economy: https://t.co/MmU5i5yshV https://t.co/mdqwzXJ6Xm
Brent crude nearing $100. Citi's CIO says markets show "excessive optimism" on peace. Iran rejected the latest US proposal. 20% of global oil flows through the Strait of Hormuz. "Excessive optimism" is a polite way of saying: priced wrong. $OIL $XLE $SPY https://t.co/9YTglnhd8a
Brent is close to $108. Will we hear a statement from the White House today that brings back to low $90s? 😉
The worst oil crisis in history comes at a good time for China’s troubled EV giants https://t.co/15HWchakCe
South Africa’s largest PV project reaches financial close #energysky -- via pv magazine global: https://t.co/avNuEBA7IS
What WTI oil price does your firm need to cover operating expenses for existing wells? @DallasFed via @macrolutzie https://t.co/5sVYLcuBRm
