Irish Marine Energy Gets EU Money

Irish Minister for Communications, Energy & Natural Resources Alex White T.D. has welcomed the announcement that the SFI Centre for Marine Renewable Energy Ireland (MaREI) successfully raised an additional €4.2 million in funding from EU research funds for marine energy activities.

The announcement of the substantial EU funding was made to an audience of more than 130 industry and university representatives involved in a variety of marine energy research projects, attending the MaREI Industry Open Day at the National Maritime College of Ireland in Cork.

“I want to commend MaREI on their success in securing substantial EU support to fund their very important research and development work. It is truly laying the foundations for both the energy system and economic opportunity of the future,” the Minister said.

The industry-academia MaREI Centre comprises over 45 industry partners, including global market leaders in energy, marine technology, software and hardware providers. Academic partners include lead partner University College Cork along with Cork Institute of Technology, University of Limerick, NUI Galway, NUI Maynooth, University College Dublin and the Marine Institute.

The MaREI Centre initially received government support of €19 million through Science Foundation Ireland (SFI) and a further €10.5 million investment from industry partners. The Centre supports job creation in the in marine renewables sector, while also making Ireland an international focus for the marine energy industry.