Ocean energy deal to create 35 jobs

Cork-based Ocean Energy Ltd has signed a multi-million euro deal to test its wave generator at an offshore marine energy test site near Cornwall, England.

The signing of the contract will create up to 35 engineering jobs. The jobs will be created in the fabrication phase of Ocean Energy’s first full-scale generator. It is yet to be announced where the jobs will be based but the quarter-scale prototype generator was built by Ad Fab in Cork Dock Yard.

Ocean Energy expects to deploy its first full-scale device costing €9m at Wave Hub off the north coast of Cornwall by the end of the year.