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UMACK marine energy project set for Atlantic trials


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A new mooring, anchoring, and quick connect solution optimised for marine energy systems is set for Atlantic sea trials, following a range of laboratory and on-land test campaigns currently underway.
The €3.7 million UMACK (Universal Mooring, Anchor & Connectivity Kit) Project has developed a unique mooring and anchoring solution aimed at superseding widely used ‘gravity-based’ anchor solutions – reducing CAPEX, installation and operational and maintenance (O&M) costs by more than 50%.
The UMACK solution also addresses fundamental challenges to improve the reliable operation of ocean energy devices in the harshest ocean conditions.
UMACK Project Manager and CorPower Ocean Head of Projects Matt Dickson said the innovative technology is being developed as a universal and adaptable solution for a broad range of marine energy applications and seabed types. UMACK presents a step change in technology for the ocean energy space addressing the afforda ....

Henry Jeffrey , Matt Dickson , Jason Hayman , Corpower Wecs , Corpower Ocean , Ben Yeats , European Marine Energy Centre , Department Head Alexander Schenk , University Of Edinburgh , European Commission Under Horizon , Innovation Group , Sustainable Marine Energy , Energy Global , Fraunhofer Institute For Wind Energy System , Ternan Energy , Institute For Energy Systems , Swedish Energy Agency , Test Centre For Support Structures , Marine Renewables , Wave Energy Converter , Ternan Energy Geotechnical Engineer Catriona Macdonald , Leibniz University Of Hannover , Universal Mooring , Connectivity Kit , Corpower Ocean Head , Projects Matt Dickson ,

Valmont Reports Fourth Quarter and Full Year 2020 Results


Press release content from Business Wire. The AP news staff was not involved in its creation.
Valmont Reports Fourth Quarter and Full Year 2020 Results
February 17, 2021 GMT
OMAHA, Neb. (BUSINESS WIRE) Feb 17, 2021
Valmont Industries, Inc. (NYSE: VMI), a leading global provider of engineered products and services for infrastructure development and irrigation equipment and services for agriculture, today reported financial results for the fourth quarter and fiscal year ended December 26, 2020.
Fourth Quarter 2020 Highlights
(all metrics compared to Fourth Quarter 2019 unless otherwise noted)
Net Sales of $798.4 million increased 16.8% led primarily by significantly higher sales in Irrigation and Utility Support Structures
Operating Income of $54.1 million, or 6.8% of sales ($68.8 million or 8.6% of sales adjusted 1 ) compared to $50.8 million or 7.4% of sales last year ....

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