Ireland and the US to Co-operate on Ocean Energy

The Government has signed a Memorandum of Understanding on offshore renewable energy research co-operation with the United States Department of Energy. Collaboration under this Memorandum will involve research co-operation in the field of wave and tidal energy, involving marine and hydrokinetic energy technologies. Ireland has a sea area that is around ten times the size … Read more

£50 Million Boost For UK’s Offshore Renewable Sector

The British Government has confirmed that the UK-wide consortium bid from Ocean Energy Innovation, Carbon Trust and the National Renewable Energy Centre (Narec), has been selected to set up the Offshore Renewable Energy Catapult, a £50 million technology innovation project funded by the Technology Strategy Board. The centre will establish its primary location in Glasgow, … Read more

OpenHydro Wins Prestigious Renewable Energy Award

OpenHydro, the Irish tidal energy technology company, has been named Best Company in the ‘Other Renewable Energy’ category by the Global Cleantech Cluster Association. Winning the GCCA Later Stage Award demonstrates OpenHydro’s significant success in the growing cleantech industry. OpenHydro was nominated for the GCCA Later Stage Award by GCCA Member Cluster An tSlí Ghlas, … Read more

OpenHydro Selected as Finalist For Major Global Award

Irish tidal energy company, OpenHydro has been chosen by the Global Cleantech Cluster Association as a 2011 Later Stage Award Top 30 finalist. Inclusion in the GCCA Global Top 30 reflects the strong business and market position of the company in the marine renewables sector, and signifies that its innovative approaches and technologies are gaining … Read more

Ireland Loses Round One of Wave Energy Development Race to Rival Scotland

The Marine Renewables Industry Association, the representative body for Irish wave and tidal energy interests, has expressed its disappointment that Scotland’s astute political management, ambition and sheer hunger for jobs has seen it emerge as the clear winner of the first round in the battle to dominate the emerging global wave energy industry. The statement … Read more

€2 Billion Renewables Investment Would Create Hundreds of Jobs in Clare

Multinational utility companies are seeking to invest over Eur2 billion to harness the energy of County Clare’s wind, wave, tidal and biomass resources. This is according to the Clare County Development Board (CDB), which has launched its Integrated Strategy on Energy & Climate Change. The plan sets the path for Clare to become a low … Read more

Ocean Energy Could Create 70,000 Jobs and be Worth €120 Billion

At a recent meeting of Irish and international ocean energy experts, John Mullins, chief executive of Bord Gais, spoke of his concern that not enough investment and planning is being put into developing Ireland’s ocean energy resources, an industry which could create up to 70,000 jobs and deliver a cumulative benefit of €120 billion to … Read more

OpenHydro Sells 8% Stake For €14 Million

DCNS, a leader in naval defence and an innovative player in energy, and OpenHydro, the Irish tidal renewable energy specialist, have signed a strategic agreement that will enable the companies to combine their marine engineering strengths in the tidal energy market. As part of the agreement, DCNS has acquired an 8% holding in OpenHydro for … Read more

Bord Gais Energy Invests in OpenHydro

Bord Gais Energy is taking a shareholding in OpenHydro, the Irish tidal renewable energy company. OpenHydro and Bord Gais Energy have also formed a joint venture focused on the development of a utility scale tidal farm off the coast of Ireland. Bord Gais Energy will initially invest Eur1million in OpenHydro, which specialises in the design … Read more

Ireland’s Offshore Renewable Energy Development Plan Available For Public Consultation

The Government has published the Offshore Renewable Energy Development Plan for public consultation. Ireland’s ocean territory is ten times our land mass size. This Plan, in conjunction with the Strategic Environmental Assessment of Irish Waters also now published, looks at offshore wind, wave and tidal energy resources and how that could be maximised in the … Read more