Reshoring & Manufacturing News - Page 50 of 53

Power Generation News, 2016

The Scottish Government outlawed underground coal gasification (UCG) after a new report said it posed “serious environmental risks”. Energy minister Paul Wheelhouse told MSPs the controversial technique would have “no place in Scotland’s energy mix at this time”. Energy firm Cluff Natural Resources planned to spend more than £250 million building the UK’s first deep offshore UCG plant at Kincardine in Fife, creating hundreds of jobs. It claimed the process could be worth £5.7 billion but shelved the proposals after the SNP ...

Automotive News, 2016

US electric carmaker Tesla, which has yet to make a profit, has reported a sharp rise in car deliveries for the past quarter. The firm said it shipped 24.500 cars in the third quarter, up 70% on the second quarter and more than double the number delivered in the same period in 2015. It also confirmed its 50,000 production target for the second half of 2016. ____________________ Sales of new cars in the UK rose in September, helped by strong purchases from fleet buyers ...

Oil & Gas News, September 2016

Production from UK oil and gas fields in 2015 increased for the first time in 15 years, but investment in exploration hit a record low as companies cut spending in response to low energy prices. The 10.4% rise in output compared with the previous year was the result of a spate of new North Sea developments and technological innovations to maximise extraction from existing fields. “As an industry we are producing at four times the rate we are discovering new reserves. This is ...

Defence News, September 2016

India’s decade-long process to acquire fighter jets will take a significant step forward when the country signs a deal with France to buy 36 Dassault Rafale aircraft expected to cost €8bn. The deal brings to a conclusion one of the most coveted international arms contracts in recent years. It originally saw four defence companies — Dassault, Boeing, Lockheed Martin and the BAE Systems-led Eurofighter consortium — vie to supply New Delhi with 126 jets.

Power Generation News, September 2016

Coal generated a record low 6% of the UK’s electricity this spring, official figures show. The share of coal in the power mix fell from 20% in the same period last year, following the closures of Ferrybridge C, West Yorkshire, and Longannet coal-fired power station in Scotland. Another coal unit at Drax, North Yorkshire, has also switched from the fossil fuel to burning biomass. Renewable power also fell marginally in April to June 2016 compared to the previous spring, to just below ...

Automotive News, September 2016

Nissan is delaying new investments in its Sunderland plant until the UK has concluded Brexit negotiations with the EU, its chief executive said yesterday in the first public admission by a carmaker that concerns over future tariffs are hurting business decisions. Carlos Ghosn, who also runs France’s Renault, said that the Japanese carmaker would defer decisions on where to build new generations of models currently assembled in Britain’s largest car factory until it knows whether it will face tariffs when exporting to ...

£45 million injection for Midlands automotive sector to create 3,000 skilled jobs

Government to invest £35 million to help thriving £70 billion automotive sector and create highly-skilled automotive and advanced manufacturing jobs. Investment will also improve industrial transport links on the A45, including a new bridge to connect Whitley South to the existing Jaguar Land Rover engineering centre and global HQ. An expanded automotive business zone in Whitley, near Coventry, is set to become home to nearly 3,000 highly-skilled engineering and advanced manufacturing jobs, following £35 million in government investment, Business and Energy Secretary Greg ...

Power Generation & Energy News, August 2016

Tidal energy company Nova Innovation has deployed the world’s first fully-operational, commercial, grid-connected offshore tidal array in Shetland. The second in a series of three 100kW turbines was deployed alongside the first turbine in August 2016, making it the first offshore tidal array in the world to deliver electricity to the grid. The Scottish tidal energy specialist installed the first Nova M-100 turbine in the Bluemull Sound, Shetland in March 2016. The company said the device has been generating to full power ...

Automotive News, August 2016

Mitsubishi Motors has been told to stop selling eight more models after it was found they overstated fuel efficiency. The latest models affected by the fuel efficiency scandal include variants of the Pajero, Outlander and RVR SUV cars. “Our investigation confirmed that the fuel economy on eight models were as much as 8.8% and on average 4.2% lower than advertised,” the Japanese transport ministry said in a statement. The ministry ordered the carmaker to stop selling those eight models on the domestic ...

Aerospace News, August 2016

China has launched its first aircraft-engine manufacturer in an attempt to wean itself off Western suppliers. The state-owned Aero-Engine Group of China was created by combining a group of existing aircraft-engine companies, according to local media reports. It has about 50bn yuan ($7.5bn) in registered capital and will develop both military and commercial engines. China currently buys its commercial aircraft engines from General Electric and United Technologies' Pratt & Whitney. China's military jets use Russian-made engines. President Xi Jinping called the new creation ...