TechnipFMC (NYSE: FTI) said a 10% upswing in revenue showed the energy industry was poised for growth, as the group looks to cut debt and buy back “undervalued” shares.
Orbital Marine Power
Developers secured support for more than 35 megawatts (MW) of new Scottish tidal stream capacity in the latest Contracts for Difference (CfD) auction, in a move hailed as transformative for the sector.
Orkney green energy firm Orbital Marine Power has secured cash to finance the ongoing operation of O2, its flagship floating tidal turbine.
Floating tidal developer Orbital Marine Power says it intends to qualify several projects for the next round of the UK Government’s Contracts for Difference (CfD), following confirmation of ringfenced funding for the sector.
An Orkney tidal power firm has gained the backing of energy services giant TechnipFMC to scale up its technology.
A COP26 fringe event saw wave and tidal energy firms praise Scottish government support for the sector, but call for greater certainty to enable commercialisation.
‘We are as passionate about the climate challenge as Extinction Rebellion’ – Young energy professionals to premiere film at COP26
“We are as passionate about the climate challenge as Extinction Rebellion and people that protest from the outside. It’s the fire that gets us up in the morning to do the job we do.”
A groundbreaking new tidal turbine manufactured in Dundee is to be launched from the city’s port next week.
Scotland's renewable energy sector needs "clarity" from the new-look UK government about the potential "risks" posed by Brexit, according to industry bosses.
Orkney firm Orbital Marine Power has announced it has awarded a turbine contract to Hampshire company AC Marine & Composites (ACMC).
Orbital Marine Power has teamed up with Swedish engineer SKF for its power train supply on the world’s most powerful tidal turbine.
A Highland MSP has criticised the UK and Scottish Governments over a lack of renewable energy investment after a new report claimed some of Scotland’s most rural regions have been left behind as funding sources “tighten”.
An Aberdeen-headquartered firm has agreed a multi-million deal to construct a ground-breaking new tidal turbine from its port-side facility in Dundee.
Orkney-based tidal energy firm Orbital Marine Power has announced a manufacturing deal with a Welsh firm.
A new consent for an existing site at the European Marine Energy Centre (EMEC) will be "useful" to smaller renewable energy developers, the project's specialist has said.
A film produced and narrated by Leonardo DiCaprio will shine a spotlight on Orkney’s pioneering marine energy work when it premieres this month.
A steelworks deal with an Orkney marine energy firm has retained six jobs at a Highland fabricator.
Wave and tidal energy are being "effectively locked out" of the renewables sector, according to a marine energy boss.
An Orkney-based tidal firm has attributed increased staff numbers to a growing reputation as a Highlands and Islands success story.
The Scottish tidal energy sector is at a “tipping point” in its efforts to reach full commercialisation, a trade body boss has revealed.
The Crown Estate Scotland has granted the European Marine Energy Centre (EMEC) a significant extension at its Fall of Warness site.
The Scottish Government is set to turn the tide on a previously defunct £10 million marine energy scheme.
The European Marine Energy Centre (EMEC) has announced it will share in a multi-million funding pot to scale-up commercial testing at its Orkney site.
An Orkney-based marine energy firm has clinched a multi-million investment target to build the world’s most powerful tidal turbine.
The Scottish marine energy sector should be "prioritised" in the Scottish Government's draft budget, according to a renewables trade body.