Ireland and Wales have struck a €4.2m cross-border deal to support the further development of the marine power sectors in both countries.

The Selkie project, funded by the EU’s Ireland-Wales co-operation programme, will establish a collaborative community of developers and supply chain companies. It will also facilitate trials of new tech and models via robust pilot projects.

Ireland’s Minister for Finance and Public Expenditure and Reform, Paschal Donohoe T.D., said: “I am very pleased to welcome a further project under the Ireland-Wales cross-border programme.”

Paschal continued: “It is a perfect example of the type of synergies that can be leveraged by third level institutions and businesses working in close co-operation and developing innovative and sustainable solutions to meet the energy challenges of the future. I would like to acknowledge and commend the efforts of all involved from University College Cork, Swansea University, and a consortium of businesses and leaders in the renewable energy sector.”

Selkie is spearheaded by MaREI, the SFI Research Centre for Energy, Climate and Marine hosted by University College Cork in partnership with Swansea University, Marine Energy Wales, Menter Môn, DP Energy Ireland and Dublin-based Gavin and Doherty Geosolutions.