Renewable Energy: OpenHydro
The Group has invested in OpenHydro, a marine technology company which designs and manufactures turbines that generate energy from tidal streams. One51 has been a shareholder in OpenHydro since 2006 and is represented on the company’s Board. In 2009 OpenHydro was named Innovative Company of the Year by Engineers Ireland and received the Company Pioneer Award at the Energy Ocean conference in the United States.
OpenHydro currently has projects underway in some of the world’s best tidal sites (identified below by dark blue shading), including Puget Sound, Bay of Fundy, Brittany, Alderney and Pentland Firth.
For further information on OpenHydro Ltd please visit the OpenHydro website.
OTHER RENEWABLE ENERGY
NTR
One51's 24% stake in NTR remains the company’s most significant renewable energy investment to date. NTR is a leading international developer and operator in Wind, Solar and Bio-Ethanol, primarily in the US. NTR also has a substantial waste management business, Greenstar, with operations in Ireland and the US.
Read More
