Exceedence develops game-changer

Aiming to take the risk out of investing in marine renewable energy, Cork startup Exceedence has launched a revolutionary new software tool which can assess whether an energy project stands to make money or lose it.

“It is the first purpose-built financial and technical planning tool for marine renewables and is more comprehensive and complete than anything else on the market.

"Programmed to assess 1,015 variables including everything from wind speed to operational costs, it enables companies to save time, reduce risk, optimise project development, increase profitability and maximise resources,’’ says Exceedence chief executive, Dr Ray Alcorn.