Menu

Ireland's sailing, boating & maritime magazine

Displaying items by tag: GKinetic

#SeaPower - A prototype tidal energy turbine project in the Shannon Estuary has received almost €100,000 in funding for further development, as the Limerick Post reports.

GKinetic has been testing a scale prototype of its new hydrokinetic turbine for the last year, at a purpose-built facility in Limerick Docks set up in tandem with the Shannon Foynes Port Company.

The new funding of €99,562 from the Sustainable Energy Authority of Ireland’s (SEAI) Prototype Development Fund will support testing on an improved prototype from August for a six-week period, as the company ramps up plans to scale up the design to a 250kW tidal device.

GKinetic’s technology is already being commercialised by fellow Co Limerick company DesignPro, who secured funding earlier this year under the Horizon 2020 project to test its own river energy devices at scale.

The Limerick Post has much more on the story HERE.

Published in Power From the Sea

About Stena Line

Stena Line is one of Europe's leading ferry companies with 37 vessels and 17 routes in Northern Europe operating 25,000 sailings each year. Stena Line is an important part of the European logistics network and develops new intermodal freight solutions by combining transport by rail, road and sea. Stena Line also plays an important role for tourism in Europe with its extensive passenger operations. The company is family-owned, was founded in 1962 and is headquartered in Gothenburg. Stena Line has 4,300 employees and an annual turnover of 14 billion SEK.