Shipbuilding News – Early August 2022

Smart Green Shipping announces £5m investment into FastRig wing sail technology. A three-year project backed by the Scottish Government and industry will develop and test fully automated, emission-reduction sail technology that can be retrofitted to merchant ships. Collaborative three-year R&D project brings together major industry players including Malin, Drax, Peel Ports and Lloyd's Register The wind technology project will deliver a demonstrator on a commercial ship by 2023 Smart Green Shipping's FastRig automated sail technology is compatible with up to 40,000 ships ... Read more

Power Generation News – Early August 2022

Octopus Energy Generation is partnering with turbine manufacturer EWT to repower up to 1000 existing onshore wind turbines in the UK to help boost energy security. The older wind turbines Octopus and EWT identified across England, Scotland and Wales, have already been powering communities for years. In total the UK has approximately 9,000 onshore wind turbines, Octopus said. By increasing the green generation capacity of around a tenth of these, there’s potential to power hundreds of thousands more homes with new cheap, green energy, ... Read more

Manufacturing News – Early August 2022

Siemens has partnered with cybersecurity software company Awen Collective to develop a new, accessible and affordable, managed OT security solution for SME manufacturers. The collaboration will allow businesses to buy into a managed security solution, protecting any networked, internet-connected technology starting from £10,000. Ordinarily, setting up and maintaining a security operations centre can cost a business hundreds of thousands of pounds.  https://www.themanufacturer.com/articles/siemens-and-awen-collective-collaboration-offers-sme-manufacturers-affordable-cybersecurity-solutions/  ______________________ A new study by Sage, the leader in accounting, financial, HR and payroll technology for small and medium-sized businesses (SMBs), has revealed ... Read more

Aerospace News – Early August 2022

Engineering consultancy company Ricardo, has completed a series of pioneering thermal systems projects on behalf of BAE Systems. The project saw Ricardo work as a technical partner with BAE Systems on its its Tempest programme, a UK partnership that brings together industry leaders to generate technologies and experiences needed to lead the development of the next generation of combat air systems. https://www.thebusinessdesk.com/westmidlands/news/2066612-ricardo-completes-combat-air-craft-technology-research ______________________ As the commercial aircraft market takes off once again, Doncasters has invested $12.9m in two of its facilities, one in the US ... Read more

Automotive News – Early August 2022

Used car market falls despite electric boost. UK used car market falls -18.8% in Q2 2022 with 1,759,684 cars changing hands. First half transactions down -8.3% on last year and market now -12.8% year to date behind pre-pandemic 2019. Battery electric vehicles (BEVs) see boost of 57.1% to reach one in 105 transactions. The UK’s used car market shrank by -18.8% during the second quarter of 2022, with 1,759,684 transactions taking place, according to the latest figures released today by the Society ... Read more

Steel News – Late July 2022

A £6m investment to upgrade Tata Steel’s Trostre plant in Llanelli with the very latest cutting-edge technology is already paying dividends with record-breaking performances. The investment has been made in the site’s Continuous Annealing Process Line (CAPL), which softens the strip steels before they go on to be made into cans for food, petfood, aerosols and paint. https://www.themanufacturer.com/articles/tata-steels-6m-investment-in-trostre-plant-paying-dividends/ Read more

Defence News – Late July 2022

The UK Ministry of Defence's Defence Equipment and Support (DE&S) Future Capability Group (FCG) has awarded a four-year contract valued at £60m to Leonardo to deliver the Rotary Wing Uncrewed Air System (RWUAS) Technology Demonstration Programme (TDP), "RWUAS CCD Phase 3 TDP”. This programme funded through Defence Innovation, will include the flight of an advanced uncrewed VTOL prototype referred to by the UK MOD as “Proteus”. Proteus is a key element of the Royal Navy Future Maritime Aviation Force (FMAF) vision for ... Read more

Shipbuilding News – Late July 2022

British shipyard, Harland & Wolff, has been awarded a £55 million contract to regenerate a former Royal Navy mine-hunting vessel, HMS QUORN. On behalf of the Lithuanian Government, the Defence Equipment Sales Authority (DESA) awarded the contract that will see HMS QUORN renovated and restored, bolstering NATO maritime capability in Europe.  https://www.gov.uk/government/news/55-million-to-restore-mine-hunter-for-nato-ally?utm_medium=email&utm_campaign=govuk-notifications-topic&utm_source=1cc00c63-bd5a-4bb1-825b-7ae453d5eab7&utm_content=daily Read more

Power Generation News – Late July 2022

The secretary of state for business, energy and industrial strategy (BEIS) has signed the development consent order for the proposed Sizewell C nuclear power plant. Signing the development consent order (DCO) has the effect of granting planning permission for the construction of a £25bn new nuclear plant in Suffolk. https://www.theconstructionindex.co.uk/news/view/sizewell-c-gets-development-consent   ____________________   A UK fund has acquired Nissan's latest solar power project in a £10.6m deal that will see the car maker purchase power generated over a 20-year agreement. Atrato Onsite Energy, a specialist fund set up ... Read more

Manufacturing News – Late August 2022

Growth in manufacturing output and orders eased in the quarter to July, slowing to more typical rates of expansion following a period of exceptionally strong growth over the previous year. Average costs and prices continued to rise sharply, although growth eased from recent highs. Optimism within the sector fell for a third consecutive quarter. However, investment intentions generally improved, and employment within the sector continued to grow at a robust pace, though less quickly than expected last quarter (for the third quarter ... Read more
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