Headline News
The Offshore Renewable Energy (ORE) Catapult and the Japanese Floating Wind Technology Research Association (FLOWRA) have announced they have signed a Memorandum of Understanding (MOU) to work together to reduce development risks and costs of floating offshore wind.
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In Focus
MODS, a leading provider of intelligent industrial asset management software, has announced it has secured a two-year contract with one of the world’s largest industry-leading offshore engineering consultancies.
Xodus a Global energy consultancy has announced it has acquired Daymark Energy Advisors to expand its power networks capabilities across international energy transition projects.
EnerMech has announced it has secured a five-year contract extension to provide North Oil Company (NOC) with leak testing and flange management services, building upon a strong relationship which stretches back to 2017.
The continuing expansion of ‘greener’ energy alternatives such as wind power is underlined by the fact that it’s currently the largest source of renewable energy in the UK. With over 11,000 wind turbines generating a total installed capacity of 30 gigawatts (GW) (2023) its share of the total British Grid Electricity capacity was 30% with a target to increase this to 60% by 2030. The UK government supports this major expansion of offshore capacity, confirming it has leveraged £24bn of private finance for current and future clean energy projects in the UK.
Alfa Laval has announced it has signed an agreement to acquire NRG Marine, a leading provider of ultrasonic anti-fouling solutions for marine, oil and gas, and industrial applications, headquartered in the United Kingdom.
A leading renewable energy consultancy and service provider, Natural Power, has announced it has appointed Craig Bradley as Head of Innovation Services.
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Editor's Comment
The Chancellor’s recent Budget statement reflects the delicate balancing act required to manage national finances while laying foundations for future growth. While there are encouraging elements for the UK’s manufacturing sector, the immediate cost implications raise significant challenges for businesses, especially small and medium-sized enterprises (SMEs).
Having attended Maintec at the NEC on 5-6 June as part of Smart Manufacturing & Engineering Week 2024, it was evident that there was a considerable amount of new technology and educational content on display.