$7 Million in Solar Inventory at Auction After Purelight Power Bankruptcy
Purelight Power’s Chapter 11 filing has triggered a $7 million auction of solar inventory and related assets. CA Global Partners, alongside Onyx Asset Advisors, will host seven online auctions from March 25 to April 22, covering equipment in Oregon, Washington, Iowa, Kentucky and Montana. The sale includes solar panels, inverters, mounting systems, 150 service‑fleet vehicles and office assets from brands such as SolarEdge, Tesla and Silfab. Buyers ranging from contractors to distributors can acquire high‑quality inventory at potentially discounted prices.
Brazil Imposes 12% Tax on Crude Exports Amid US-Iran War
Brazil announced a provisional measure that eliminates federal PIS and Cofins taxes on diesel for domestic consumption while imposing a 12% export tax on crude oil and a 50% levy on diesel shipments. The move, driven by soaring crude prices...
Global Offshore Capacity Nears 100GW Milestone
RenewableUK reports global offshore wind capacity will hit 100 GW in 2026, up from 89.2 GW in 2025. The sector added 8.8 GW in 2025, marking the fourth‑largest installation year on record. Forecasts show 18.8 GW could be commissioned in 2026 and total capacity...
Italy Weighs Options as Damaged Russian LNG Tanker Drifts in the Mediterranean
A Russian LNG tanker, the Arctic Metagaz, was struck by Ukrainian naval drones and left drifting in the Mediterranean between Italy and Malta. The vessel’s 30 crew were evacuated, and while the hull remains afloat, the amount of LNG on board...
Can This New Coalition Help Bring Down Energy Costs? – This Week in Cleantech
This week’s Cleantech roundup highlighted four pivotal energy topics. The EPA, under the Trump administration, rescinded the 2009 endangerment finding that anchored greenhouse‑gas regulation under the Clean Air Act. Exelon’s executive outlined a $38 billion capital plan that prioritizes affordability while...
Hinkley Point C | TBM Readied for 620m Long Fish Return Tunnel
Engineers at Hinkley Point C have begun tunnelling a 620‑metre, 1.8‑metre‑diameter fish return tunnel using a TBM dubbed Sarah Guppy. The tunnel is one of three fish‑protection systems – alongside low‑velocity intake heads and an ultrasound acoustic deterrent – that together cost...
Nexwell Power Secures Financing on 250MW Spanish PV Portfolio
Nexwell Power has closed a €167 million multi‑tranche financing to fund a 248 MW solar PV portfolio in Spain. The portfolio, acquired from Q Energy, comprises seven plants in Andalusia and Aragon, with several projects already mechanically complete and others slated for early‑2026...
Living the Unseen War: Egyptians Feel Ripple Effects of Iran Conflict
Egypt raised domestic fuel prices by 14‑17% after the Strait of Hormuz closure, prompting immediate transport fare hikes and higher food costs for ordinary Egyptians. The surge in energy prices has accelerated inflation, with staple items like bread and tomatoes...
IDB Invest Coordinates Financing for Paraguay’s First Green Hydrogen Fertilizer Project
IDB Invest coordinated a $420 million debt‑financing package, contributing $156 million, to launch Project Villeta – Paraguay’s first green‑hydrogen‑based fertilizer plant. The $650 million investment will produce about 262,460 tons of fertilizer annually, with roughly 90% earmarked for export, leveraging the country’s 100% hydroelectric grid. A...
Blaming the Green Deal for Rising Energy Prices Is Simple — but Wrong
Politicians on the right blame the EU Green Deal for soaring energy costs and weakened competitiveness. The article argues that price spikes stem from post‑COVID demand, Russia’s war‑induced supply shock, and chronic underinvestment in renewables rather than climate policy. Renewable...
Increased Spacing Between Solar Module Rows Boosts Agrivoltaics Viability
U.S. researchers at Colorado University introduced an economic framework that evaluates how wider spacing between solar photovoltaic (PV) rows can make agrivoltaic systems viable for large‑scale, mechanized farming. Simulations on a 160‑acre Colorado site across potatoes, onions, sugar beets and...
Trump Is ‘Wrong’: Europeans Slam US Decision to Ease Russia Oil Sanctions
European leaders, including Germany’s Friedrich Merz, France’s Emmanuel Macron and Ukraine’s Volodymyr Zelenskyy, condemned the Trump administration’s decision to temporarily lift sanctions on stranded Russian oil. They argue the move will replenish Moscow’s war chest and undermine the G7’s unified pressure on Russia...
Statkraft Joins Leading Power Companies in Call to Safeguard EU ETS and Strengthen Europe’s Competitiveness
Statkraft, together with seven other leading European power firms, has sent a joint letter to EU leaders urging the protection of the EU Emissions Trading System, the internal electricity market, and marginal pricing. The coalition warns that weakening these mechanisms...
India's Modi Reaches Out to Iran as Energy Crunch Fears Grip the South Asian Nation
Indian Prime Minister Narendra Modi reached out to Iranian President Masoud Pezeshkian, seeking safe passage for Indian vessels as Iran threatens to keep the Strait of Hormuz closed. The closure jeopardises roughly half of India’s crude‑oil imports and its primary...
Burundi Signs Deal with Bezos, Gates-Linked Miner
Burundi has signed a three‑year memorandum of understanding with U.S. miners KoBold Metals and Life Zone Metals to explore lithium, cobalt, copper and other critical minerals. The deal, witnessed in Washington, DC, includes a commitment to digitise Burundi’s geological data by July...
Energy Edits Newsletter for March 13, 2026
India’s energy sector is confronting a "triple challenge" of security, sustainability and affordability, as highlighted by Petroleum Minister Hardeep Singh Puri’s recent Lok Sabha address. The government cited global disruptions – including 124 million barrels of Russian oil on water, a...
NXT Conclave 2026: PM Modi Unveils India’s Energy Strategy
Prime Minister Narendra Modi used the NXT Conclave to unveil India’s comprehensive energy strategy, emphasizing expanded domestic infrastructure and reduced reliance on imports. He highlighted a surge in strategic petroleum reserves to over 5 million tonnes, a tripling of LPG connections,...
ERG S.p.A. Stock Under Pressure After Results: ERG Increases Revenue and EBITDA 2025 - 1 Euro Dividend and Focus on...
ERG S.p.A. posted 2025 adjusted revenue of €752 million and EBITDA of €540 million, both up modestly from the prior year. Net profit slipped 11% to €155 million, pressured by higher depreciation and financing costs. The company added roughly 150 MW of new capacity,...
Shell Sees Encouraging Signs at Sirius-1X Exploration Well Offshore Egypt
Shell reported encouraging initial indications from its Sirius‑1X exploratory well offshore Egypt, which reached its target depth of 2,115 metres. The well, part of a four‑well Mediterranean campaign, leverages data from the earlier Mina West 2 drill to reduce additional exploration risk....
Analyst Warns of 'Big, Big Risk' For Oil Over Weekend
SEB chief commodities analyst Bjarne Schieldrop warned of a “big, big risk” to oil over the upcoming weekend, citing potential damage to Iran’s Kharg island export hub. He noted Brent crude surged 9.2% to $102.4 per barrel, trading near its...
ArcLight to Buy InfraBridge’s Stake in North American Power Assets
ArcLight Capital Partners has agreed to buy InfraBridge’s 50 % stake in the Invenergy‑managed AMPCI Thermal Power (IATP) portfolio, a collection of 11 power generation assets delivering about 5.4 GW across North America. Invenergy will retain its ownership share and continue operating...
Terence Corcoran: Oil and the Art of Forecasting
Oil prices have surged above $100 a barrel, prompting wildly different forecasts. The U.S. Energy Information Administration sees prices staying above $95 for two months before falling to $70 by late 2026, while Wood Mackenzie warns of possible spikes to...
Fuel, Energy Prices Raise the Pressure as California Officials Take Next Steps on Climate
California regulators are revising the state’s cap‑and‑invest climate program, extending it through 2045 and tightening the carbon cap by 118 million tons by 2030. The draft shifts free allowances from natural‑gas to electric utilities and aims to generate $180.7 billion in statewide...
Galetech Invests £3m in UK Renewables
Galetech Group, an Irish renewable‑energy developer, announced a £3 million investment in the United Kingdom over the next five years to expand its renewable‑energy services. The funding will enable the creation of up to 30 highly‑skilled jobs by 2030 and broaden...
Sif Chief Warns of Offshore Wind Slowdown
Sif CEO Fred van Beers warned that offshore wind activity has fallen to a very low level in the short term, despite a healthy long‑term outlook. The Dutch steelmaker posted adjusted EBITDA of €48 million for 2025, up from €38.4 million in...
CATL Makes Progress on Its Solid-State Battery
CATL filed a new WIPO patent detailing a sulfide‑based solid‑state battery architecture that promises 500 Wh/kg energy density. The company has begun pilot production and reports technology maturity at level 4, aiming for automotive‑grade cells by 2027. To support scaling, CATL reserved...
Posco, Sila to Collaborate in Next-Gen Battery Technologies
Posco Future M, the battery materials arm of South Korea’s Posco Holdings, has signed a strategic agreement with U.S.‑based Sila Nanotechnologies to co‑develop next‑generation silicon‑based anodes. Sila’s Titan Silicon anode, built from nano‑engineered silicon particles, promises substantially higher energy density...
Hyundai-LGES, Huayou in Battery Recycling Partnership in Indonesia
Hyundai Motor Group’s Indonesian JV with LG Energy Solution, PT Hyundai LG Indonesia Green Power, has teamed up with Zhejiang Huayou Recycling to process both production waste and end‑of‑life EV batteries. The $1.1 billion Karawang plant, operational in 2024, will ship waste to Huayou’s local...
Ashtrom Secures $200m in Financing for Texas Solar Project
Ashtrom Renewable Energy has closed a $200 million financing agreement with BHI, the U.S. arm of Bank Hapoalim, to fund the El Patrimonio solar project near San Antonio, Texas. Construction began in 2025 with completion slated for 2027. The 370‑megawatt facility will...
Don’t Use Oil Price Chaos to Hike Prices Says Miliband
UK Energy Secretary Ed Miliband warned that firms will not be allowed to profit from the recent surge in global oil prices caused by Middle East tensions. The Competition and Markets Authority has been placed on high alert to curb...
Taihan VINA Begins Construction of 400kV EHV Cable Plant in Vietnam
Taihan Cable VINA, the Vietnamese subsidiary of South Korean Taihan Cable & Solution, has broken ground on a new 400 kV‑class extra‑high voltage cable plant in Dong Nai Province. The 56,200 m² facility is slated to begin operations in 2027, making Taihan...
‘The Largest Supply Disruption in the History of the Global Oil Market’: IEA’s Take on the Hormuz Crisis
Iran’s new supreme leader, Mojtaba Khamenei, has pledged to keep the Strait of Hormuz closed, turning the vital oil chokepoint into a geopolitical weapon. The International Energy Agency warns this blockade represents the largest supply disruption in oil market history,...
TGES and IX Renewables Sign Offshore Wind Pact
Tokyo Gas Engineering Solutions (TGES) and IX Renewables have signed a basic agreement to collaborate on offshore wind projects, combining IX's Dutch offshore‑wind expertise with TGES's engineering and regulatory knowledge in Japan. The partnership will pursue engineering, procurement, construction, installation...
India Taps 65m Barrels of Russian Crude
The U.S. Treasury issued a one‑month OFAC wind‑down licence, allowing Russian crude already at sea to complete voyages through April 11. The licence is intended to stabilise energy markets amid the Strait of Hormuz crisis that has disrupted Gulf supplies. Broker...
US Offshore Wind Could Drive $42bn Steel Demand
New Oceantic Network research estimates U.S. offshore wind will create $42 billion in steel demand over the next two decades. The sector would require roughly 22 million tons of steel, enough for 239 Golden Gate Bridges. This demand could support 186,600 jobs...
Worley Embarks on More FEED Work for Cypriot Gas Development
Australian engineering firm Worley has been selected by Chevron to deliver front‑end engineering design (FEED) and procurement services for Cyprus’s inaugural offshore gas project, the Aphrodite field. The scope covers subsea systems, a floating production unit, export pipeline and onshore...
Which States Have the Most Grid Batteries?
California (15.2 GW) and Texas (14 GW) remain the top U.S. grid‑battery markets, but Arizona’s utility‑scale storage more than doubled to 4.7 GW in 2025, moving it into third place. California added 29% capacity while Texas grew 69% last year, yet Arizona’s percentage...
Trump Admin Courts Westinghouse Rivals Amid Slow Talks on New Nuclear
Westinghouse reached a global settlement with South Korea's Kepco that bars the APR‑1400 reactor from being built in the United States, while the Trump administration is quietly negotiating Korean investment in an American nuclear project. High‑ranking DOE officials met Korean...
Oil at $100 a Barrel Promises Boon for Africa’s Largest Country
Algeria’s economy, heavily dependent on oil and gas, stands to gain as crude prices climb toward $100 a barrel. The surge follows geopolitical tensions, first from Russia’s invasion of Ukraine and now the war in Iran, which have lifted global...
Overhaul of Nuclear System to Speed up Building and Cut Costs
Britain’s government announced a comprehensive overhaul of nuclear planning and regulation, aiming to streamline approvals and cut costs to accelerate new nuclear builds. The reforms, based on the Nuclear Regulatory Taskforce’s recommendations, are slated for completion by the end of...
The Battery Show Asia Celebrates Women Leading Energy Transition, Manufacturing Innovation
At its Hong Kong ceremony, The Battery Show Asia introduced the Women Leaders in Energy Awards, honoring sixteen women across battery technology, EV manufacturing, and clean‑energy infrastructure. Eight received the Energy Changemaker Award for established impact, while another eight earned...
Hong Kong Gov’t Urged to Stabilise Oil Prices as some Residents Turn to Illicit Fuel Amid Middle East War
Hong Kong lawmakers are pressing the government to curb soaring fuel prices that have risen sharply since the Middle East conflict began in late February. Esso’s standard petrol is up 6.4% to HK$23.43 per litre, while Sinopec’s price has jumped...
Do We Want to Keep Fixing the Same Issue? Unlearned Lessons From the First Big Oil Crisis
The 1973 oil shock forced Europe to choose between quick fixes and systemic change, and a few nations seized the moment to build lasting clean‑energy foundations. Denmark turned the crisis into a wind‑power boom, the Netherlands institutionalised cycling infrastructure, France...
Gridserve Expands Electric Freightway with Four New eHGV Hubs
Gridserve announced four new electric heavy‑goods‑vehicle (eHGV) charging hubs in the North West, East Midlands and South East, raising its confirmed or under‑construction sites to eleven across England. The new locations—Moto Knutsford North, Moto Medway East, Markham Vale Electric Forecourt...
Brent Crude Gains Despite US Issuing a 30-Day Licence for Russian Oil Purchases
Brent crude futures edged higher to $100.64 a barrel on Friday, even as the U.S. Treasury issued a 30‑day licence permitting the sale of Russian oil already stranded at sea. The temporary measure is framed as a market‑stabilising tool that...
H3 Energy Opens Farm-Out Talks for Giant SA Oil and Gas Play
H3 Energy, an ASX‑listed explorer, has hired LAB Energy Advisors to launch farm‑out talks for its Alinya block in South Australia’s Officer Basin. The centerpiece, the Rickerscote prospect, is estimated to contain up to 4.3 trillion cubic feet of gas and...
Ethiopia Rolls Out Subsidies to Cushion Citizens From Global Oil Shock
Ethiopia announced a special fuel subsidy to blunt the impact of soaring global oil prices after the Strait of Hormuz closure. The government lifted diesel subsidies to 98 birr per litre and petrol subsidies to 73.56 birr, keeping domestic prices below $1...
Nigeria’s Remote Tech Workers Spend up to ₦390,000 a Month on Power. It’s Still Not Enough to Work
Nigeria’s remote tech workers are forced to spend up to ₦390,000 a month on petrol to run generators amid chronic power outages. Fuel costs have jumped 35% in weeks, with daily generator expenses reaching ₦10‑13k, while 84% of urban households...
Energy Insiders Podcast: How the World’s Fourth Biggest Economy Plans to Reach 100 Pct Clean Energy
The Energy Insiders podcast examines Germany’s roadmap to achieve 100 % clean electricity, a goal set for the mid‑2030s. Host David Hochschild outlines the nation’s aggressive renewable‑capacity expansion, accelerated coal phase‑out, and massive grid‑modernisation investments. He also discusses how federal and...
Enriched Opportunities: The UK's New Advanced Nuclear Framework
On 1 February 2026 the UK Department for Energy Security and Net Zero released the Advanced Nuclear Framework, introducing a two‑part system: the Advanced Nuclear Pipeline and a suite of policy enablers for private SMR, AMR and MMR projects. The Pipeline provides...