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
The Philippines faces a looming crisis as the Strait of Hormuz disruption threatens oil‑derived fertilizer supplies, driving urea prices to roughly P1,500 (about $27) per bag. With no strategic fertilizer reserves and a rice supply gap of nearly four million metric tons, the country must import far more grain to meet demand. Experts warn that fertilizer shortages could slash rice yields by up to 50%, compounding food‑security risks. Regional powers such as China, India and Japan maintain extensive strategic stockpiles, highlighting the Philippines’ policy gap.
North America’s weekly rig count fell by 21 units to 729, with the United States slipping one rig to 552 and Canada losing 20 rigs, down to 177. U.S. oil rigs rose two while gas rigs fell two, and Canada’s...
Tokyo’s grid experienced Japan’s first economic solar curtailment as solar output outpaced system flexibility. Tepco Power Grid ordered generators to cut up to 1.84 GW between 11:00 and 16:00 JST on March 1, 2026, marking the capital’s entry into a nationwide issue. The...
The Aurora Solar Snapshot shows third‑party ownership (TPO) models have become the leading financing choice for U.S. residential solar, with 55% of installers favoring PPAs or leases over loans and cash. The shift follows the Trump administration’s rollback of Inflation...
Pasig City unveiled five fully electric minibuses on March 23, expanding its free‑ride program with a $332,300 investment. Each vehicle, costing roughly $66,900, seats 22 passengers and accommodates eight standing riders, and will initially run along Caruncho Avenue. The rollout...
President Trump warned he would "obliterate" Iran's power stations within 48 hours unless the Strait of Hormuz was fully opened, extending the deadline to Friday. Human‑rights experts say deliberately targeting civilian energy infrastructure could constitute a war crime under international...
Eberspaecher Vecture, a Toronto‑based developer of battery management systems, has joined Unmanned Systems Technology’s supplier ecosystem as a Silver partner. The company offers commercial‑off‑the‑shelf, custom and build‑to‑print BMS solutions for drones, robotics and autonomous vehicles, covering voltage ranges from 12 V...
Shipowners are turning to biofuels as the most practical near‑term tool to meet MARPOL Annex VI Regulation 28 and the Carbon Intensity Indicator (CII) requirements. IMO guidance now permits up to 30% bio‑fuel blends without extra NOx assessments, and B100 can be...
The Iran‑Israel‑U.S. conflict has created a sharp "war premium" that is boosting fossil‑fuel equities. Jeremy Hosking’s hedge fund, which manages roughly $3 billion, saw its oil, gas and coal holdings rise by more than $25 million since the war began. Hosking has...
Norad has committed roughly $8.9 million to Ukrainian and Norwegian firms for preparatory renewable‑energy and pharmaceutical projects. The funding includes $0.53 million for a 650 MW wind project, $5.54 million for a 0.52 TWh wind plant, $2.33 million to refurbish six small hydropower sites, and $0.62 million...
Governments worldwide are increasingly adopting supply‑side regulations—fuel‑economy standards, emission limits, and zero‑emission vehicle quotas—to accelerate clean‑transport adoption, especially in heavy‑duty trucks. A new UC Berkeley CLEE report maps jurisdictions using these tools and highlights their ability to compel automakers to invest...
Centrus Energy Corp (NYSE: LEU) fell 4.2% to $188.39, testing a long‑term bullish trendline as oil pressures the nuclear sector. The stock sits within 0.75 of the 320‑day moving average’s 20‑day ATR, a signal that has historically preceded higher prices...
Crude oil futures experienced a dramatic swing from $84.37 to $101.67 after President Trump’s Truth Social remarks, highlighting the market’s sensitivity to geopolitical headlines. The contract now sits near $92.68, just below the 50% midpoint of $93.02, keeping sellers in...
Trump’s war in Iran is putting extreme pressure on global oil supplies, driving up crude prices that now may stay higher for longer. My @morningjoe Chart
$8T+ Oil & Gas market. Goldman sees $115 crude. When prices rise, cash flow explodes across the energy stack. Here’s who wins 👇 Oil demand >104M bpd. Gas >4.2T m³. Supply stays tight while LNG demand grows. Goldman’s near-term price targets show...
India, the world’s second‑largest buyer of liquefied petroleum gas, is seeing supply constraints from the ongoing Middle East war. In Delhi, black‑market cylinder prices have jumped from roughly $20 to $53, about double a typical low‑income household’s monthly earnings. Consequently,...
Rising gas prices caused by the war are already hurting Americans’ bottom line — in both expensive and affordable states. On average, Americans are paying almost $1 more per gallon than they were last month. My @morningjoe e Chart
The Uttar Pradesh cabinet approved a ₹2,242.9 crore (≈ $270 million) investment for the Pashwara South coal block in Jharkhand. The block, allocated to joint venture NUPPL, will supply coal to the Ghatampur thermal power project in Kanpur, which comprises three 660 MW units,...
On March 24, 2026, Andhra Pradesh’s Special Chief Secretary for Energy, K. Vijayanand, instructed state power utilities to maintain ample coal inventories and ensure uninterrupted generation ahead of the summer peak. The directive emphasizes coordination with ports and railways to...
Arevon Energy has broken ground on its Cormorant Energy Storage project in Daly City, a 250‑MW/1,000‑MWh lithium‑iron‑phosphate battery facility costing about $600 million. The plant, expanded from its original 188‑MW design, is slated to begin operations in 2027 and will supply...
The United States relies on foreign sources for more than 90% of the lithium used in its batteries, exposing warehouses, manufacturers and logistics networks to geopolitical risk and price volatility. With global demand projected to quintuple by 2040, policymakers and...
Energy security will cost more Policymakers and consumers want energy to be reliable, affordable and sustainable, but there are trade-offs between these objectives, requiring prioritisation, a challenge often described as the “energy trilemma”. The relative emphasis attached to these objectives...
The Chancellor unveiled an anti‑profiteering framework giving the CMA new powers to curb price gouging, legislation to fast‑track nuclear projects by 2027, and a review of import tariffs to lower food costs. The package also extends the 5p fuel‑duty cut,...
The Delhi government has allocated ₹200 Cr (≈ $24 M) in its 2026‑27 budget to a revamped EV Policy that pivots from blanket purchase subsidies to scrappage‑linked incentives. Buyers who retire a BS‑IV or older petrol/diesel vehicle can receive up to ₹1 Lakh (~$12k)...
The Switch has introduced the PMM850M, a permanent‑magnet machine aimed at marine shaft‑generator and propulsion applications in the 500 kW to 1.5 MW range. The compact design features brushless operation, water‑jacket cooling and a modular architecture, promising higher electrical efficiency and lower...
Equinor has launched the drilling phase of its $9 billion Raia gas project off Brazil’s coast using Valaris' DS‑17 drillship. The campaign targets six pre‑salt wells in 2,900‑meter water, aiming for first gas production by 2028. The development will export up...
Uzbekistan began concrete pouring at the Jizzakh site, marking the first physical step toward its inaugural nuclear power plant. The project, a partnership with Russia's Rosatom, has been scaled down to six 55 MW small modular reactors delivering a total of...
India's Petroleum and Natural Gas Regulatory Board (PNGRB) has mandated city gas distributors to supply piped natural gas (PNG) connections to schools, colleges, hostels, community kitchens and Anganwadi centers within five days where pipelines exist. The directive follows a surge...
People think high oil prices will be good for oil companies. Exxon expected to lose $5billion/yr based on Middle East damage so far. Shell's Pearl GTL will be shut for a year. Exxon gets 20% of its oil & gas...
RES Group to deliver asset management services at Nala Renewables’ 217MW solar-plus-storage portfolio #energysky -- via pv-tech: https://t.co/EivP3chmv8
The UK government announced that, starting in 2028, every new home in England must be built with on‑site solar panels and low‑carbon heat pumps under the Future Homes Standard. The move is framed as a direct response to the energy...
Trump’s latest salvo to upend offshore wind: Pay firms not to build it @CanaryMediaInc https://t.co/Y1BfMOwTKb
Short video update on $WTI #Oil Market Chaos Deepens as Volatility Signals Possible Trend Reversal https://t.co/GWWJ9vTTrK https://t.co/RpKMSg65g7
Benchmark Brent crude rose over 2% to $98.25 a barrel and WTI jumped 3.4% to $91.09 after President Donald Trump delayed planned strikes on Iran. The rally revives concerns that higher energy costs could lift U.S. inflation and pressure the...
WTI price and oil volatility From inverse correlation to systemic risk regime April 2025 - April 2026 #WTI #OilVolatility #OilMarkets #CrudeOil #Tariffs #Trump #Iran #Geopolitics #Macro #EnergyMarkets https://t.co/LIBfuivKbw
Fox ESS presents residential storage system line with 89.6% round-trip efficiency #energysky -- via pv magazine global: https://t.co/XYKiW8Y6OC
EDP Renewables North America has completed the 150‑MW Pleasantville Solar project in Fulton County, Illinois, delivering enough electricity for over 39,500 homes. The entire output is secured under a long‑term power purchase agreement with Microsoft, guaranteeing stable revenue streams. The...
Great segment @Tom_Winter - a colossal investment theme and a foundational part of our book “When Markets Speak” — AI power and the U.S. Grid. We need a $2T rebuild looking out 5-10 years. Opportunities ahead. https://t.co/zA7DSOkNJn
Utilities trying to stabilize today, spike in rates finally ready to cool off? $XLU https://t.co/t5R7ZEkbQT
GCL Optoelectronics secured a 1.2 MW contract from China Huaneng to supply commercial perovskite‑silicon tandem solar modules. The tender required mass‑producible, IEC‑certified modules delivering at least 26% efficiency and a 25‑year performance warranty, with delivery by June 2026. GCL is the sole...
HOUSTON — Interior Secretary Doug Burgum shared a stage Monday with the CEO of a French oil giant to take aim at offshore wind — a rare alignment between a government and a private company. https://t.co/yTj5IR5OwH via @axios
Guy who clearly understands how oil markets work: "see, we never needed the Strait of Hormuz 😏"
Elevate Renewables developing 600MWh New Jersey BESS through state’s energy storage programme #energysky -- via Energy Storage News: https://t.co/VU9uoJjmEW
Sulphur prices now up 40% since before the Iran War Unlike oil, the sulphur market was already in severe deficit https://t.co/gMiE3tcho5
German Energy Minister Katherina Reiche: “Energy affordability and security have to come to the front.” #CERAWeek
Google signs PPAs on 400-MW Texas solar project portfolio #energysky -- via Solar Power World: https://t.co/7bViy4vPfL
TotalEnergies Takes Up Trump’s $1 Billion Offer to Exit Offshore Wind #energysky -- via Heatmap News https://t.co/ApY6rOsRWt https://t.co/bpgjbtpiDu
Asking for a friend ... how high did gas prices climb under Joe Biden? https://t.co/sCX5DwSKWz
Solar cyber threats expand, but inverters still stay in the crosshairs #energysky -- via pv magazine usa: https://t.co/zoWwiHb0Db
Grid-forming BESS set to stabilize Australia’s hyperscale data centers #energysky -- via pv magazine global: https://t.co/NMhr7SsJSJ https://t.co/wI37g0CtVc
