Diamondback Energy to acquire Energen Corporation for $9.2 billion

Diamondback Energy has reportedly announced that it is buying Alabama-based Energen Corp in an all-stock transaction worth $9.2 billion, a move that will apparently boost Diamondback's expansion in the Permian basin. According to reports, the deal is anticipated to be finalized by the end of fourth quarter 2018 and the merged company will be headquartered in Texas.

The future of European energy

As new technologies make alternative sources of energy more readily accessible, the future of the traditional energy grid is uncertain. With cities, villages, and even individual homeowners investing in wind turbines and solar panels across Europe, there is a growing question of what to do with the extra energy generated. If the storage capabilities aren't yet available, aren't people more likely to sell any excess energy to a neighbour for less than the fixed national grid price?

Offshore Wind Energy Market to surpass USD 60 Billion by 2024

Offshore wind energy industry is further gaining exceptional traction from the tech behemoths showing their interests in harnessing clean energy.

Aurora Solar Gives Contractors the Tools to Design Solar for New Homes Under California Mandate

Using Aurora Solar design and sales software, contractors can easily upload roof plans to accurately design solar PV systems for new homes in compliance with upcoming changes to California's Building Energy Efficiency Standards.

Heilind Electronics and Molex Team Up for Power Distribution Technology Solutions Webinar

Molex technical power experts will discuss solutions to reduce failures and improve reliability in the field

Convergent Commissions the Biggest Behind-the-Meter Energy Storage System in North America

IHI, Inc. provides an energy storage system for Convergent to reduce Global Adjustment charges

ClearFoundation Acquires KAILO Energy from Global Unicorn Holdings; ClearFoundation Forms ClearEnergy to Deliver Reliable Backup Power Solutions

Acquisition paves the way for new integrated systems, reliable backup power for homes and businesses, and Blockchain-based, tokenization of energies.

Talking SPI 2018 with Morningstar

At Booth #1924 we will be showing The MultiWave™ 4kW Inverter which will establish a new benchmark for battery-based inverters. Combining the surge and power capabilities of a low frequency inverter with the agility and compactness of a high-frequency design.

ZAF Energy Systems Receives $600,000 Investment from Missouri's Department of Economic Development Fund

Funds to accelerate expansion of ZAF production and hiring activities in 2018

Global Power Inverter Market Overview 2018, Demand by Regions, Types and Analysis of Key Players

The global power inverter market has witnessed a healthy growth in the past years as a result of a rise in urbanization in the developing nations. Electrification rates and technological innovations are also boosting the market growth further.

Conti Solar Ranked Top US Solar EPC

Solar Power World Ranks Conti Solar #12 in US Engineering, Procurement and Construction Firms.

Governor Northam Announces Selection of EVgo to Develop Statewide Public Electric Vehicle Charging Network

The contract with EVgo Services, LLC will use approximately $14 million in funds from Virginia's share of the Volkswagen mitigation settlement

Community Microgrids Change the Future One Neighborhood at a Time

Energy distribution with microgrids allows communities to rely less on the aging national infrastructure grid. Future power-disrupting disasters will have a reduced effect on places with community microgrids, which would allow residents to begin recovery efforts sooner.

Harnessing Alternative Data and Alternative Energy to Increase Efficiency

AI powered tools, like Dataminr, help firms make sense of the vast sets of social media data to confidently leverage information from on-the-ground events and enabling them to make the right decisions in the moment.

Peak Power to deploy 2350kW / 4700 kWh of energy storage systems with Starlight Investments to target rising Ontario Global Adjustment Charges

The first phase of the project reached commercial operation earlier this year utilizing Lockheed Martin storage technology with engineering and construction provided by Spark Power, a leading power systems specialist.

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Energy Storage - Featured Product

Nature’s Generator MyGrid 10K

Nature's Generator MyGrid 10K

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