2017
Wavepower Technologies Opens R&D Centre In Cork Creating 10 New Jobs
UK Company, Wavepower Technologies, opens new office at The Entrepreneur Ship (MaREI) Cork.
Wavepower will be based at The Entrepreneur Ship, the world’s first business incubator dedicated to marine and energy companies run by the MaREI Centre in the Lower Cork Harbour. The Entrepreneur Ship is part of the IMERC strategic partnership between University College Cork, Cork Institute of Technology and the Irish Naval Service established to unlock Ireland’s maritime and energy potential. Wavepower will have the opportunity to engage with MaREI researchers, and also access a range of the resources on site, including the Lir National Ocean Test Facility, the National Maritime College of Ireland and the Irish Naval Service. This maritime centre of excellence has been recognised nationally and internationally as a world class model and continues to attract industry as well as international experts, researchers and resources.
Wavepower CEO Prof. Mark Gillan said “Wavepower has an ambition to develop world-leading technology to capture the immense energy resource in ocean waves. We understand that this is not an easy or quick task, but we are committed to our vision and believe that with the right people, the right research partners and the right mindset, we can find a way to overcome the challenges of the marine environment and develop commercially viable wave energy convertor technology,”
“We recognise the incredible cluster of expertise, resources and research facilities in Ringaskiddy and are excited to become part of this community. We look forward to being an active member of the marine innovation ecosystem in Ireland and benefiting from Ireland’s track record in innovation in the renewable energy environment.”