Seven renewable energy projects are benefiting from a significant funding injection following investment by the Marine Institute's industry-led awards. With the aim of driving innovation in the marine sector and accelerating renewable energy breakthroughs, funding of up to €200,000 was awarded to each of the research projects to be conducted by indigenous companies, with some including university partners.
Speaking at the funding announcement, Marine Institute CEO Dr. Peter Heffernan said, "The diversity of renewable energy projects benefiting from this funding demonstrates the innovation and expertise that we are developing in Ireland in this sector. From research on the impact of floating platform technology, to subsea micro-piling to hybrid solar and wind energy devices, the commercial opportunities of these projects are very exciting. We are committed to supporting marine enterprises in Ireland to drive Ireland's blue economy."