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SmartBay Shares In Euro Funding For Ocean Energy

21st July 2016
SmartBay Shares In Euro Funding For Ocean Energy

#SmartBay - Galway's new SmartBay ocean observatory will share in a €11m European funding boost for ocean energy testing, as Silicon Republic reports.

The subsea observatory in Galway Bay – launched earlier this month in tandem with SeaFest and the Our Ocean Wealth Conference – is included along with projects in the UK, France and the Netherlands under the Funding Ocean Renewable Energy through Strategic European Action (FORESEA) programme.

SmartBay has been conceived to support the testing of quarter-scale prototypes of ocean energy devices alongside its ocean data collection capacity, which lowers the cost barriers for commercial research and development in the growing sector. Silicon Republic has more on the story HERE.

The news also comes after the signing of an energy co-operation declaration with nine other EU countries focusing on the development of wind and ocean energy, as previously reported on Afloat.ie.

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