Wave tech gets €3.5 million funding boost

Prototype to be tested in Hawaii

20th October, 2015
Wave power

The government will fund ocean energy development and testing to the tune of €3.5 million.

Three marine energy companies Ocean Energy, SeaPower and GKinetic will receive the funding from the Sustainable Energy Authority of Ireland (SEAI), Energy Minister Alex White said this morning at the Ocean Energy Europe conference at Croke Park.

Ocean Energy has secured €2.3 million to design and build a full-scale version of their Ocean Energy Buoy wave energy converter which will...

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