An Irish wave energy project developed at Maynooth University, Kildare, called InnoWave has been awarded €800,000 in EU Horizon 2020 funding to develop commercial wave energy technology. With the new funding, the InnoWave team, led by Professor John Ringwood of the university’s Centre for Ocean Energy Research, will join forces with commercial wave energy group Aquamarine Power. InnoWave has been awarded the €800,000 to help improve the performance of Aquamarine Power’s Oyster wave energy converter. Wave energy technology is quickly developing in Ireland, with the agency responsible for developing the country’s ocean energy potential expecting it to produce as much as 50 GW of energy and create 70,000 jobs by the year 2050.
