The Irish government has awarded a grant of almost €3m to support a new construction method for marine foundations and anchors.
The project consortium receiving the €2.9m grant includes Irish companies Mincon Group and Subsea Micropiles, along with research centres at the University of Limerick and University College of Dublin.
The new technology has the potential to benefit the offshore wind industry by substantially lowering costs and reducing the environmental impact on the ocean environment, according to the project managers.
The project will include the development of a new robotic seabed drilling system along with the installation and testing of marine anchors using micropile technology, with initial tests taking place by mid-2022.
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Enterprise Ireland lancia la call for ideas per l agricoltura del futuro
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Opinion
Ireland is not second Greece
According to irish economist Cathal Brugha, professor of University College of Dublin (UCD) School of Business, Ireland does not face a similar crisis like Greece Article also available in : English
As yields on Irish 10-year bonds have reached 9 percent, there are deep worries that Ireland may follow the suit of Greece and another round of sovereign debt crisis may be looming. Brugha, professor of University College of Dublin (UCD) School of Business, believes that compared with Greece, Ireland has one of Europe’s strongest export sectors.
Brugha said Greece is very much dependent on tourism and shipping whereas Ireland has a vibrant hi- tech service focused economy. When cut-backs were necessary because of difficulties in the size of the public sector that was not supported by taxation revenue this led to public political unrest in Greece, but not in Ireland.