wave energy

Cenovus Energy has signed a deal to acquire Athabasca Oil in a transaction valued at $5.7 billion. The acquisition consolidates assets in Alberta's oil sands sector, bringing Athabasca's operations under one of Canada's largest energy producers. The announcement is drawing wide attention in Canada's business and energy communities as observers weigh its impact on the industry's ongoing wave of consolidation.

The phrase 'nuclear reactor' is drawing a wave of searches in Russia, with no single event clearly attached to it. Interest could relate to nuclear energy developments, safety concerns, or reactor news, but the available information does not point to a specific incident or announcement driving the attention.

XMax, a company that originally made furniture before pivoting into artificial intelligence, has acquired a startup producing gallium nitride (GaN) chips. GaN semiconductors are prized for power efficiency, making them valuable for AI data centres where energy consumption and cooling costs are major bottlenecks. The move signals XMax's deepening push into AI infrastructure beyond its software and services roots, and adds to a wave of acquisitions targeting power management chipmakers as demand for AI computing capacity surges worldwide.

Western Europe is in the grip of an exceptional heat wave, with satellites recording record land surface temperatures across the region. Climate scientist Pasini says the extreme weather is caused by humans and is urging faster action on green energy. Swiss meteorological services are also tracking the unusually hot summer.

Pivot Energy has closed financing for a 135-megawatt community solar portfolio in the United States. The loan supports the development of the distributed solar projects, which serve local subscribers rather than large utilities. The deal adds to a wave of investment in community solar as demand for clean energy capacity grows across the country.

Google and Constellation Energy have agreed to a sweeping nuclear power deal, according to the Wall Street Journal. The agreement, part of a broader wave of tech companies securing reliable low-carbon electricity, is expected to power Google's data centers and growing AI operations. It marks one of the largest corporate commitments to nuclear energy to date.

Venture firm Album is updating its investment strategy in response to two forces transforming startup investing: the rapid rise of artificial intelligence and a wave of reindustrialization across Western economies. The firm says it is adapting how it sources and backs companies as capital shifts toward AI-driven software and hardware, energy and industrial businesses. The move reflects a broader recalibration among venture investors as traditional software funding slows.

Ocean Power Technologies is being discussed as a potential growth story centered on its WAM-V platform, an autonomous surface vehicle used for maritime surveillance and data collection. Coverage asks whether the unmanned system can drive revenue expansion for the New Jersey-based company, which specializes in wave-powered and hybrid marine energy solutions for defense and commercial customers.

Astronomers have detected a mysterious burst of energy, apparently a fast radio burst, originating from a distant galaxy. The finding, reported by the Guardian, involves observations connected to Australia and the James Webb Space Telescope. Fast radio bursts are millisecond-long flashes of radio waves whose origins remain poorly understood, making each new detection significant for researchers trying to explain what causes them.

Ocean Power Technologies has demonstrated the offshore deployment of an amphibious vehicle, according to a company announcement. The demonstration highlights the company's push beyond wave-energy hardware into marine robotics and autonomous systems for offshore operations. The technology is aimed at missions such as ocean monitoring, surveillance and offshore infrastructure support, areas where interest from defence and commercial customers has been growing.

Open-source intelligence analysts are urging caution over early reports of strikes in Ukraine, saying key questions remain unresolved: which facilities were hit, whether energy infrastructure was damaged, and whether there are confirmed casualties. Analysts note that until geolocated footage or reliable confirmation emerges, specific claims about targets should be treated skeptically.

Energy Transfer has agreed to acquire Vaquero Midstream in a $2.63 billion deal, expanding its energy infrastructure holdings. The acquisition, reported by the Wall Street Journal, adds to a wave of consolidation in the US midstream sector as pipeline and processing companies move to scale up assets amid steady demand for natural gas infrastructure.

Russia's military said its air defenses intercepted nearly 900 Ukrainian drones in a wave of overnight attacks, while reports emerged of a fire at a fuel depot in the Moscow region. The claims highlight the expanding scale of Ukraine's long-range drone campaign against Russian territory and energy infrastructure, even as Russian strikes on Ukraine continue.

Ocean Power Technologies has agreed to pay its interim chief financial officer $30,000 a month while the company searches for a permanent CFO. The arrangement, disclosed in a regulatory filing, underscores the wave-power developer's ongoing leadership transition and the cost of keeping finance operations stable during an executive search.

New wave band: Lessons from the ocean energy tech pioneers examines what the first generation of tidal and wave power companies learned while trying to turn ocean energy into a commercial industry. The piece draws on their experiences to guide the next wave of marine energy technology ventures now attracting renewed interest.

Gauss Fusion, a German fusion energy startup, is raising a $150 million funding round and is pitching United States investors to fill it. The company is part of a growing wave of European fusion ventures seeking private capital to advance commercial fusion power technology. The fundraising push highlights how fusion startups increasingly look across the Atlantic for deep-pocketed backers.

Researchers report that topological features hidden in light fields can still be read even when the system loses energy, according to a new study covered by Phys.org. The finding suggests topology, which describes robust global structure rather than local detail, can be measured in open, dissipative optical systems. The work could matter for fields that study wave behavior in lossy environments.

Exxon Mobil is taking its fight against climate change lawsuits to the US Supreme Court, in a case with major consequences for Houston's oil industry. The company is seeking a ruling that could shield energy producers from claims by cities and states seeking damages for climate-related harms. If the court takes the case, an adverse ruling could gut the wave of local climate liability suits now working through American courts.

Ocean Power Technologies has set the cash compensation for its interim chief financial officer at $30,000 a month, according to a company disclosure. The figure is drawing attention from investors tracking the wave-energy company's finances, as small-cap firms often face scrutiny over executive pay and cash burn while leadership roles remain filled on an interim basis.

A physicist has proposed that laser light could transfer energy to a gravitational wave, a concept that would open a new way of interacting with ripples in spacetime. The idea, outlined in recent reporting, suggests beams of light might add energy to gravitational waves as they pass, though it remains a theoretical proposal rather than a demonstrated result. Physicists are weighing whether such an exchange could ever be tested experimentally.