Displaying items by tag: wave energy

Mojo Maritime, the Falmouth based marine renewable energy experts, has expanded into France, having incorporated a wholly owned French subsidiary in response to the growing French tidal energy market.

Mojo Maritime France S.A.S. is headquartered in Cherbourg, Normandy, and has operations in Nantes, Western France. The company started trading on 1st May 2014 and has  already begun the recruitment process. Over the next five years, Mojo Maritime expects its French office to consist of five people, bringing its total number of employees to 35.

The first project for Mojo Maritime France S.A.S. is the development of an innovative seabed preparation system which has applications for the tidal energy sector; a key area of development for the Cornish based company. This project is in conjunction with Cassis base company Geocean and is part funded by a grant administered by the French Government Agency ADEME.

Richard Parkinson, Managing Director of Mojo Maritime, commented: “The expansion of Mojo Maritime into France is an exciting step forward for us, as a Cornish-based business. We see the French tidal energy market as a key area of development and have been lucky enough to receive lots of support for our venture from local stakeholders. We are looking forward to seeing what the future holds for Mojo in both the UK and France and will be on hand at All Energy this week to discuss our plans further.”

Earlier this year, Mojo Maritime secured funding to develop, build and test their low motion floating platform for offshore LiDAR measurements (LiDAR is an advanced technology deployed in support of offshore wind energy farms) and the French expansion further amplifies their growing business.

The Low Motion Floating Platform project is part financed by the Grant for Business Investment European Regional Development Fund Programme 2007 to 2013. The Department for Communities and Local Government is the managing authority for the European Regional Development Fund Programme, which is one of the funds established by the European Commission to help local areas stimulate their economic development by investing in projects which will support local businesses and create jobs. For more information visit www.gov.uk/browse/business/funding-debt/european-regional-development-funding

South West Marine Renewable Energy Facts

What makes the South West of England a hotspot for development of marine renewable technology? The region is designated a Marine Energy Park recognising the fantastic energy resources for wave, tidal range, tidal stream and wind. The strong supply chain, universities and support organisations are committed to growing the industry through collaboration, investment and developing innovation. It is this commitment that makes the South West the place where new technologies are brought to market. Access to the world’s leading ocean resource

The partners behind the SWMEP include:

• Cornwall Council
• Plymouth City Council
• Bristol City Council
• Plymouth University
• University of Exeter
• Cornwall & Isles of Scilly LEP
• Heart of the South West LEP
• Regen SW

The SWMEP partnership also consists of over 60 private sector organisations including technology developers, engineers, supply chain companies and industry partners. 

This activity is being carried out by Invest InCornwall which is a project funded by the Convergence European Regional Development Fund and Cornwall Council. Invest InCornwall is part of Cornwall Development Company (CDC) which operates as Cornwall Council’s economic development arm. On behalf of Cornwall Council, CDC promotes Cornwall to the world; the mission – “to achieve sustainable prosperity with opportunity for all” by helping to develop and deliver the economic strategies for the county.