"A more decentralized energy system, with a growing share of renewables and more market players, is structurally more resilient. Countries that invested in the energy transition are weathering this crisis with less economic damage, as they boost energy security, resilience and competitiveness."
The symbiotic relationship between Diamondback and Viper is highlighted during times like these where Diamondback continues to focus its development on wells where Viper owns high royalty interests. That structural advantage doesn't erode with oil prices.
SolarEdge stock is up 80% year-to-date and has tripled over the past year. Revenue came in at $335.36 million, up 96.4% year-over-year, reflecting recovering demand in its core inverter business.
In the rolling hills of southeast Queensland, Australia, farmer and businessman Brent Finlay stands beneath turbines so tall they rival skyscrapers. "There's a lift inside that takes about 12 minutes to go from the bottom to the top," he said, pointing skyward. Forty-five of the giant turbines that now dot his property are part of the massive MacIntyre Wind Farm which will soon generate enough electricity to power 700,000 homes.