Marine Power Systems continue to expand their team and have appointed Dr Martin Carruth as Commercial Director.
The appointment comes at an exciting time for Marine Power Systems. Now working at megawatt scale to prove their grid connected technology, with a number of projects in the pipeline, Martin will be responsible for developing the commercial team and driving the commercialisation strategy across the product portfolio. Covering floating wind and wave energy generation technology, Marine Power Systems has a unique business proposition; the only company developing optimal solutions for the entire opportunity for floating wind, wave and combined wave and wind energy extraction technology in deep water.
Martin brings over 20 years’ energy experience in industrial technology and engineering consultancy and has a track record of applying innovation to deliver business growth in the offshore energy sector.
Following a number of roles in the power generation sector, Martin moved to GE Oil and Gas where he led upstream services development for exploration and appraisal well drilling in emerging markets. He was also responsible for developing the company’s subsea integrity management portfolio. Most recently he was Energy Business Manager at RINA where he was responsible for growing the regional engineering consultancy business by providing a range of lifecycle activities supporting diverse energy projects.
Martin Carruth, Commercial Director at MPS commented; “Electrification goals, global demand growth and carbon reduction targets will all serve to increase the contribution renewables make to the energy mix. With floating technologies opening up 80% of the ocean’s energy resource, now is a great time to join Marine Power Systems and help build a market leading company that generates power from this huge, untapped potential”.
Gareth Stockman, CEO at MPS commented, “We are delighted to welcome Martin to MPS as Commercial Director. Martin is an exceptional business developer with a proven track record in delivering complex international projects within the energy sector. Combined with his ability to seamlessly collaborate with a range of stakeholders and rigorously explore new business opportunities, he will undoubtedly be invaluable to the company and its development in the years to come. The whole board is very much looking forward to working with Martin to further progress our commercial engagements & interests, in order for MPS to achieve our vision of harnessing the vast global resource of marine energy”.