Norwegian Consortium Develops Inductive Ship Charger for Offshore Applications
A Norwegian consortium of research institute SINTEF and shipbuilder Vard is developing an inductive charging adapter for battery‑electric service vessels operating offshore. The laboratory prototype can already transfer 50 kW wirelessly, and the design envisions a crane‑mounted system capable of delivering up to five megawatts. By encapsulating the power coils, the solution removes exposed contacts, mitigating corrosion and mechanical failure in harsh marine conditions. If scaled, the technology could power not only wind‑farm service ships but also other offshore platforms such as oil rigs.
Port of Blyth £100m Expansion Plans
The Port of Blyth announced a £100 million (≈$127 million) expansion, dubbed the Battleship Wharf project, to turn the North East site into a larger offshore‑wind and clean‑energy hub. The plan adds three hectares of reclaimed land, up to 260 metres of quay extensions...
Kalyon PV Begins Production at New TOPCon Solar Cell Factory in Turkey
Kalyon PV has launched a new 1 GW TOPCon solar cell factory in Ankara, raising its annual cell output to 2.1 GW. The plant joins an existing 1.9 GW module facility and a 1 GW ingot‑and‑wafer line, creating a vertically integrated manufacturing hub. The...
Goldbeck Solar Lands EPC Role for 268MWp Bavarian PV Project
German EPC specialist Goldbeck Solar has won the turnkey contract to build the 268 MWp Schafhofen solar park in Bavaria, its largest German project to date. Ground‑mounted PV arrays will generate roughly 296 GWh per year, enough to power about 80,000 households....
Policy Playbook Shows How to Tap Into Distributed Energy Resource Solutions
The Pew Charitable Trusts released a policy playbook outlining how U.S. regulators can scale distributed energy resources (DERs) to improve grid affordability and reliability. While DER‑related policies rose nearly 80% last year, the United States still trails other nations in...
Solar Insurance Carriers Take on Project Risk to Keep Plants Producing and Improve Product Technology
kWh Analytics, an Oregon‑based renewable energy insurer, launched a pilot with tracker maker Nextpower to stream real‑time operational data into its underwriting models. The program aims to create evidence‑based risk assessments that more accurately price hail and other weather‑related losses,...
Evergy Expects Retail Sales to Rise up to 8% Annually on Data Center Growth
Evergy raised its retail‑sales growth forecast to 7‑8% annually through 2030, driven by a surge in data‑center and other large‑load customers. New electric service agreements have lifted total large‑load contracts to 2.5 GW, up from 1.9 GW three months earlier, with an...
Pacific Ridge Reversal Brings Western U.S. Solar Conditions Back to Average in April
Solcast’s April 2026 solar irradiance report shows a reversal from March’s continent‑wide high levels. Weakening Pacific high pressure turned into a low, increasing cloud cover across the western U.S. and returning irradiance to near‑average. The eastern U.S. stayed sunnier, with...
CMB.Tech Tanker Makes Rare Trip From Mexico to Boost Asian Fuel Supply
CMB.Tech’s 158,000‑dwt suezmax Orion sailed from Mexico to Singapore, marking the first Mexican fuel‑oil cargo to Asia in nine months. The vessel, built in 2024, arrived at the key bunkering hub as Asian inventories tighten. The shipment underscores a shift...
Innergex and Prevalon Add 210MWh New Capacity to Existing Chile BESS
Innergex and Prevalon Energy have energized the San Andrés II battery energy storage system in Chile, adding 42 MW of power and 210 MWh of storage. The new capacity expands the San Andrés site to a combined 77 MW/385 MWh, complementing the Salvador II BESS which is nearing...
Ørsted Purchases 150MW Michigan BESS Project From ESA Solar
Danish energy giant Ørsted announced the purchase of a 150 MW battery energy storage system (BESS) project in Michigan from developer ESA Solar Energy. The Salzburg BESS, which has secured permitting and interconnection progress, is expected to come online between 2029...
The Trump Corruption Tax on the Oil Industry
Dean Baker argues that President Trump’s public statements on Iran functioned as a de‑facto tax on the oil sector. By hinting at possible sanctions, his remarks triggered a surge in oil‑futures trading, inflating spot prices by roughly five percent. The...
Weatherford Picks up New Jobs with Noble and Constellation Oil Services
Weatherford International secured multiple managed pressure drilling (MPD) contracts with Noble Corporation and two separate agreements with Brazil’s Constellation Oil Services. The Noble awards include two deep‑water MPD systems for Guyana and a global aftermarket deal covering the entire fleet,...
This Energy Name Is Outperforming and Is Still Too Cheap to Ignore, Says Jefferies
Jefferies upgraded Devon Energy to Buy, raising its price target to $62, implying a 37% upside. The upgrade follows the completion of Devon's merger with Coterra, which is expected to generate roughly $1 billion in annual synergies. Devon trades at a...
How Canada’s Oilpatch Is Reacting to a Generational Price Shock
The closure of the Strait of Hormuz and the US‑Israeli war with Iran have erased roughly a billion barrels of excess global oil inventory, driving prices to multi‑year highs. Canadian producers, such as Suncor, are enjoying windfalls but are only...
Axpo Launches 200MWp Vilecha Solar Complex in Spain
Axpo has inaugurated the 200 MW‑peak Vilecha solar complex in Spain’s León province, the largest photovoltaic installation in its portfolio. The four‑site, 310‑hectare project is expected to generate over 377 GWh of clean electricity each year, enough for roughly 100,000 households. It...
Canada's Energy Gridlock Starts to Crack
South Bow Corp and U.S. partner Bridger Pipeline are on the brink of securing 400,000‑450,000 barrels per day of shipper commitments for an Alberta‑to‑Wyoming pipeline, a threshold needed to start construction. The line, which could eventually move up to 1.13 million...
US Private Equity Firm Acquires Controlling Stake in JinkoSolar’s American Operations
U.S. private‑equity firm FH Capital has signed a definitive agreement to purchase a 75.1% controlling stake in JinkoSolar’s U.S. subsidiary, leaving the Chinese parent with a 24.9% minority interest. The deal covers Jinko’s 2‑GW solar panel assembly plant in Florida,...
Russian Drones Swarm Smaller Ukrainian Power Stations, Data Shows
Russia has intensified its aerial campaign against Ukraine by targeting small power substations, leveraging a surge in domestically produced Shahed‑type drones. Between November 2025 and March 2026, more than 27,000 drones and 1,000 missiles were launched, with small substations accounting...
Wave Data Campaign in Martinique Paves the Way for Wave Energy Pilot
Wavepiston has launched a 12‑month wave‑data collection campaign on Martinique’s east coast to assess the island’s Atlantic wave resource. The effort, funded with €63,000 (≈$69,000) from France’s ADEME, follows a 2023 partnership with YS EMD and adds CreOcean as a technical...
T&D World Live Podcast: The Need for Speed
The T&D World Live Podcast highlighted how exploding data‑center growth, driven by AI and cloud workloads, is pressuring U.S. electric utilities to expand generation and transmission capacity. Deloitte experts forecast a dramatic rise in data‑center electricity demand over the next...
Iran Seizes US-Sanctioned Oil Tanker Off Oman: IRNA
Iran’s navy seized the oil tanker Ocean Koi on May 7 off Oman, citing an attempt to disrupt Iranian oil exports. The vessel, also known as Jin Li, was carrying a small load of high‑sulphur fuel oil bound for the UAE’s Khor Fakkan...
Hunan Yuneng Plans Cathode Material Factory in Spain
Chinese battery material maker Hunan Yuneng announced a €800 million ($872 million) investment to build a lithium‑iron‑phosphate (LFP) cathode plant in Mérida, Spain. The first phase will cost €125 million ($136 million) and deliver 50,000 tonnes of cathode material annually, with a later expansion to...
MCV Delivers 35 Hydrogen-Electric Intercity Buses to ÖBB Postbus in Villach, Austria
MCV has supplied 35 hydrogen‑electric C127 FC LE buses to ÖBB Postbus, marking Austria’s largest hydrogen bus fleet. The handover in Villach on 6 May 2026 coincided with the opening of the region’s first hydrogen refuelling station. The vehicles, capable of up to...
Instavolt Unveils Plan to Install Battery Storage Systems Across Charging Network
Instavolt announced a £2.5 million (≈ $3.2 million) investment to install battery energy storage systems across its EV charging network, starting with five sites and targeting at least 20 more before year‑end. The BESS rollout aims to smooth demand spikes, enable faster charging...
Bill Seeks Moratorium on US Oil Exports
Democratic Representative Brad Sherman introduced the Stop Oil Exports to Lower Gas Prices Act, seeking a moratorium on U.S. crude, gasoline and diesel exports while the war with Iran continues. The bill aims to keep domestic supplies abundant, hoping to...
TSS Cruiser CSOV Ready to Support Taiwan's Offshore Wind Projects
Ta San Shang Marine (TSSM), a joint venture of Mitsui O.S.K. Lines and Taiwan’s Ta Tong Marine, has taken delivery of the TSS Cruiser, a new commissioning service operation vessel built by Damen in Vietnam. The vessel expands crew capacity to...
TSS Cruiser CSOV Ready to Support Taiwan's Offshore Wind Projects
Ta San Shang Marine (TSSM), a Mitsui O.S.K. Lines and Ta Tong Marine joint venture, has taken delivery of the TSS Cruiser, a new commissioning service operation vessel built by Damen in Vietnam. The ship expands accommodation to 120 personnel, upgrades...
Semi-Solid-State Battery Tech Rolls Into Ebike Territory
Ride1Up has introduced the Revv1 evo, a moped‑style e‑bike that uses a semi‑solid‑state battery—the first of its kind aimed at mainstream U.S. consumers. The battery promises over 1,200 charge cycles, a two‑hour fast charge, and retains about 70 % capacity at –20 °C,...
USGS Sees 340+ Tcf of Recoverable Gas in Bossier Formation
The U.S. Geological Survey released a new assessment showing the Bossier Formation along the Gulf Coast holds about 343.5 trillion cubic feet of technically recoverable natural gas. The estimate also includes roughly three million barrels of undiscovered oil and reflects production from...
Why East Coast Gas Shortfalls Are Changing Australia’s Energy Planning
AEMO’s latest Gas Statement of Opportunities predicts a 46% drop in gas output from legacy southern fields over the next five years, raising the risk of winter supply deficits on Australia’s east coast. The projected shortfall is prompting policymakers to...
Wison New Energies’ Internal Turret FPSO Design Wins Endorsment From Lloyd’s Register
Wison New Energies (WNE) received an Approval in Principle from Lloyd’s Register for its new harsh‑environment internal turret FPSO design. The endorsement validates the concept‑stage review and marks a key technical milestone for a standardized floating production system. WNE says...
How Achievable Is Net Zero?
Achieving net‑zero has become a board‑level priority for energy‑intensive firms, but the path is complex. The Greenhouse Gas Protocol’s three‑scope framework—direct emissions (Scope 1), indirect purchased‑energy emissions (Scope 2), and value‑chain emissions (Scope 3)—offers a structured roadmap. While Scope 1 and 2 are relatively straightforward...
Australia Seeks to Slash Time for Renewable Energy Approvals
The Australian government announced a new target to complete renewable energy project approvals within 50 business days. The measure aims to streamline federal permitting processes, cutting the current average timeline of roughly 120 days. Officials say the faster regime will...
Industry Groups Warn UK Risks Losing Jobs and Investment without Faster Decarbonisation
UK industry groups including the Carbon Capture and Storage Association, Hydrogen UK and Electrify Industry warned the government that delays in industrial decarbonisation could cost jobs, investment and energy security. They cite high electricity costs, policy uncertainty and international competition as pressures...
Gas Reservation a Welcome Stop, but It’s Not the Destination
Australia’s Albanese government unveiled an east‑coast gas reservation requiring producers to keep 20% of output for domestic use, extending the 2017 Domestic Gas Security Mechanism that has never been triggered. The policy mirrors Western Australia’s 2006 reservation, which spurred billions...
Analysis: Oil and Gas Majors Slashed Low Carbon Spending by 65 per Cent in 2025
Bloomberg New Energy Finance reports that seven leading oil and gas majors reduced their low‑carbon investment by 65% in 2025, marking the steepest decline since 2019. The cut brings total spending on clean‑energy projects to its lowest level in six...
Review Finds 'No Infrasound Harm Risk'
Green Power Sweden commissioned a review by Akustikkonsulten and Akustikverkstan that found infrasound from wind turbines poses no health risk to nearby residents. The audit reaffirmed that current noise assessments are accurate and that recent claims of harm lack scientific...
Explained: What Is the New ‘NACHO’ Trade, and How Is It Different From ‘TACO’
Wall Street has shifted its meme‑driven shorthand from “TACO” to “NACHO,” standing for “Not A Chance Hormuz Opens.” The new term emerged in late April as the Strait of Hormuz remains blocked, throttling more than 20% of daily global oil...
Service Bills to Rise as Iran War Drives up Engine Oil Prices by 70%
Garages across the UK report that engine‑oil costs have jumped more than 70% since the Iran‑Ukraine war began, forcing them to consider higher service charges. A 200‑litre barrel that cost a garage £350 (≈$438) now costs £600 (≈$750). The price...
LNG Vessel Pair Enriches MISC’s Fleet
MISC Group, a Petronas affiliate, announced the naming of two new‑generation LNG carriers—Seri Dian and Seri Dayang—built by Hanwha Ocean. Each vessel holds 174,000 cbm of LNG and incorporates smart, energy‑efficient technologies such as the ICER exhaust‑recycling system and a low boil‑off containment...
Sif Earnings Soar as Production Ramps Up
Sif Group reported a sharp rise in first‑quarter 2026 earnings, with adjusted EBITDA more than doubling to €21 million (about $23 million). Contribution climbed 59% year‑on‑year to €63.8 million ($70 million) as throughput increased to 60 kton, up from 39 kton a year earlier. Production optimisation...
Houston Offshore Gathering Shrugs Off Middle East Volatility
The Offshore Technology Conference (OTC) in Houston drew roughly 60,000 attendees from May 4‑7, 2026, showcasing offshore oil and gas innovation despite the Middle East war driving price volatility. Industry leaders said higher prices won’t automatically trigger larger exploration budgets;...
World Record: China Installs Floating Offshore Wind Turbine with 16 MW Capacity
China Three Gorges Corp. commissioned the world’s most powerful floating offshore wind turbine, a 16 MW unit named Sanxia Linghang Hao, on May 2, 2026 off Yangjiang, Guangdong. The turbine features a 252‑metre rotor, a 24,100‑tonne semi‑submersible platform, and can withstand Category 5 typhoon...
European ESS Battery Company Morrow Files for Bankruptcy
Norway‑based Morrow, a specialist in batteries for utility‑scale energy‑storage systems, filed for bankruptcy on May 6, 2024, covering its three core entities. The company cited intensified global competition, falling battery prices, rising capital costs, industrialisation delays, and a tighter investment climate...
Scatec Shares Fall After Results – Global Group Advances Ipp Strategy Shift
Scatec posted a 31% drop in Q1 2026 revenue to NOK 1.64 bn (≈$180 m) and a 44% decline in EBITDA to NOK 774 m (≈$85 m) as it pivots from one‑off project sales to an integrated independent power producer (IPP) model. Despite weaker earnings, electricity...
VIDEO – Energy Storage Summit 2026: Role of Subsidies, Contracted and Merchant Revenues in Europe’s BESS Buildout
At the Energy Storage Summit 2026 in London, leading European battery‑energy‑storage system (BESS) owners examined how subsidies, contracted sales and merchant revenues will shape the continent’s storage pipeline. Panelists from Wood Mackenzie, NextEnergy Capital, Dais Energy, BW ESS, the Polish Energy Storage...
Equinor Cleared for Wildcat Well Drilling Op in North Sea
Equinor received a drilling permit from Norway’s Offshore Directorate to explore wildcat well 34/10‑56 S in the North Sea. The well sits in production license 050 HS, where Equinor holds a 70% working interest and Petoro owns the remaining 30%. Drilling will...
IRENA Sees Turning Point in Electricity Costs: Solar, Wind And Storage Clearly Outperform Fossil Fuels
The International Renewable Energy Agency (IRENA) reports that hybrid solar‑plus‑wind systems with battery storage now beat new coal and gas plants on a levelised cost basis, with firm electricity prices as low as $54‑$82 per megawatt‑hour in high‑resource regions. Cost...
Aviator Advances Toward Carbon Neutrality with Fossil-Free Operations in Sweden
Aviator Airport Alliance has electrified 62% of its ground support equipment fleet and achieved fossil‑free operations at Stockholm Arlanda, Gothenburg Landvetter, and Malmö airports as of Dec. 1, 2025, using 100% renewable electricity and HVO100 fuel. The transition has already cut...