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News
Aker Solutions raises full-year 2026 revenue guidance to NOK 50–55 billion ($5.18 billion-$5.70 billion) after solid second-quarter results
3+ hour, 16+ min ago (549+ words) Earnings per share for the quarter landed at NOK 1.37 ($0.14). On new work, Aker Solutions booked NOK 9.9 billion ($1.02 billion) during Q2, a book-to-bill ratio of 0.8x. Below 1x, yes — but the secured backlog at quarter-end stood at NOK 77.2 billion ($8.00 billion). That’s a substantial cushion,…...
When extreme weather hits, power grids lose both energy and forecasting accuracy at once, and a new model is learning to prepare for the errors ordinary forecasts miss
6+ hour, 57+ min ago (750+ words) When a heat wave or major storm hits, power grid operators face a problem that compounds itself: demand surges at the same moment that solar panels dim and wind turbines slow. The two sides of the supply-demand equation swing in…...
Sunrun scales its California residential virtual power plant to 425 MW of aggregated battery capacity
5+ hour, 8+ min ago (459+ words) Sunrun is America’s largest dedicated residential solar, battery storage, and energy services company. Its main objective is to establish a planet that is run by the sun. The United States is one of the leading solar energy-producing countries in the…...
Adriatic LNG terminal covered 14% of Italy's gas demand in first half of 2026, offsetting Qatari supply disruptions with US cargoes
6+ hour, 36+ min ago (558+ words) That 4.4 billion m³ didn’t come from a demand surge or some exceptional operational push. It landed almost exactly where the terminal performed in the first half of 2025 — steady, consistent, structurally significant. Italy’s total gas consumption in the period ran to roughly…...
Ignitis secures additional 2 TWh of annual regasification capacity at Klaipeda LNG terminal through 2044
8+ hour, 47+ min ago (429+ words) UAB Ignitis has secured an additional 2 TWh of annual regasification capacity at the Klaipeda LNG terminal, the company’s parent group, AB Ignitis grupe, announced. The allocation was confirmed through a secondary market procedure administered by terminal operator AB KN Energies…...
Researchers pointed a solar farm slightly away from the textbook angle, and the “wrong” direction added about $30,000 to its lifetime value without changing the hardware
8+ hour, 57+ min ago (1249+ words) It seems like obvious common sense. Yet, a fascinating new study challenges this absolute rule. Scientists looked closely at a ten-megawatt solar plant in Jinan, China. They discovered that deliberately breaking the standard rule can significantly boost profits. Flattening the…...
Los Angeles built a solar power plant that takes just three seconds to come online and has already run for more than 1,400 hours after sunset
10+ hour, 56+ min ago (608+ words) A solar facility in the California desert proves that grids can remain stable even through the dark. Global international climate goals are placing immense pressure on nations. These regulations mandate that decarbonization must be prioritized, but modern power demands are…...
Buccaneer Energy reports production growth at Pine Mills field in East Texas, targets 250 bopd as cash flow turns positive
17+ hour, 19+ min ago (760+ words) Buccaneer Energy has more than doubled net production at its Pine Mills field in East Texas—from roughly 54 barrels of oil per day to approximately 135 bopd—since the current management team took over in mid-2024. The AIM-listed producer says the…...
Scientists aimed two laser beams at different patches of sky over the North Sea and still measured turbulence accurately even though every rule said the beams had to meet
14+ hour, 56+ min ago (968+ words) Building massive clean energy projects in open water requires incredibly precise engineering. Companies spend millions planning these facilities. They need to know exactly how the air moves across the water. If the estimates are wrong, the turbines can suffer severe…...
A North Sea wind turbine kept producing more or less power than the forecast said it should, and the answer was hiding in the turbulence and weight of the air around its blades
12+ hour, 56+ min ago (508+ words) Wind speed has long been treated as the master variable of wind energy — the number that determines how much electricity a turbine will produce on any given day. But a new study of an operating offshore turbine in the Belgian…...