Volvo Penta V8-270-C-B - #A369760.......Here is my problem and any help is greatly appreciated. I can run my boat all day long below 3000 rpm and never have any issues. Once I go over 3000 rpm, it takes about 40 seconds and I will get a loud beep for three seconds or so. The beep stops, but my status alarm light (red in color with triangle shape) remains lit - not to be confused with the engine alarm (yellow shaped engine). Dash mounted temp gauge never goes over 160, oil shows full on the dipstick, and no noticeable decrease in the volt meter so everything appears fine based on the gauges. The engine never looses power or goes into limp mode. It continues to run as normal, just with the red warning light remaining lit. As soon as I go below 3000 rpm, the red light goes out. The longest I let it go before doing this was maybe 20 seconds. I have had the codes read and I got the following: Exhaust Manifold Water Temp 1 EMWT 1 Temp High 1, Exhaust Riser Water Temp 1 ERWT 1 Temp High 1, Exhaust Riser Water Temp ERWT 1 Temp High 2, Exhaust Riser Water Temp ERWT 2 Temp High 1, and Exhaust Riser Water Temp ERWT 2 Temp High 2. I am assuming the same codes are just two separate incidents, but not sure. The mechanic said that he thought Volvo had some issues with bad sensors but when he ran the engine serial number there were no bulletins. He was kind of stumped and advised he was going to contact Volvo and see what they thought. On a side note, that was a week ago and I am still waiting to hear back from him. I replaced the impeller last spring and I have never had any issue with the motor until now. The motor has right at 300 hours, all in fresh water. Any insight or assistance is greatly appreciated!!!