Minister Bruton launches Cleantech in Ireland 2014

 

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A report issued by The Green Way providing an overview of current status, strengths and future potential of the cleantech sector.
Left to right – Liam O’Halloran, President NDCC; Ronan King, Chairman The Green Way; Aideen O’Hora, Executive Director The Green Way; Minister Richard Bruton; Mark Kellett, CEO Magnet Networks.
On Wednesday 5th November, 2014, The Green Way (Dublin’s cleantech cluster) launched Cleantech in Ireland 2014. The report is a comprehensive analysis of the Irish cleantech sector and was launched at the North Dublin Chamber of Commerce Enterprise Expo.
Speaking at the launch Minister Richard Bruton, Minister for Jobs, Enterprise and Innovation said “the green economy presents a major opportunity for job-creation in Ireland. We have a growing number of Irish companies throughout the island with a proven track record and international reach in the global Green Economy. There are also major opportunities in the multinational sector. This is an important report being published today by the Green Way, which sets out the scale of the opportunity open to Ireland in this area. Through the Action Plan for Jobs the Government will pursue this opportunity by putting in place measure to support companies in this sector and create the jobs we need”
The global cleantech market is estimated at $5.5 trillion per annum with annual growth projected at 4.1 percent.  Irish cleantech companies have both the capability and the opportunity to develop and sell best practice in services and technology at both national and international level.  Ronan King, Chairman of The Green Way said “The race to capture the massive growth opportunity that
cleantech offers has begun and Irish companies must be supported to take advantage. The Green Way is a collaborative organisation, founded on a public-private sector partnership and we believe this approach will stimulate the development of Ireland’s cleantech economy and to promote Ireland’s cleantech leadership globally.”
The Cleantech in Ireland 2014 Report identifies 540 cleantech companies in Ireland, with 52% of these companies located in Dublin. These companies span ten sub-sectors, including Energy Production & Distribution, Energy Efficiency & Management, Energy Storage, Waste, Water, Transport, Air, Agriculture & Forestry, Clean Industry and Clean Web. Aideen O’Hora, Executive Director of The Green Way said “Ireland has a strong cleantech sector, and our companies are developing cutting-edge solutions to address global energy and resource efficiency challenges.  With a large proportion of cleantech companies located in Dublin, it now has a global reputation of being an innovative hub for the sector. “
Building a thriving ecosystem of cleantech innovators is only possible through collaboration. Speaking at today’s launch President of the NDCC, Liam O’Halloran said “The North Dublin Chamber of Commerce is delighted to collaborate with The Green Way and its partners to develop Dublin and indeed Ireland’s cleantech ecosystem. We recognise the strengths of working together to achieve common objective, which will ultimately benefit Dublin and Ireland’s economy.”
About The Green Way
The Green Way was founded in 2010 when a number of key regional and national stakeholders and thought leaders identified an opportunity for Dublin City Region to promote job creation and green economic growth through the stimulation of the cleantech sector to take advantage of this emerging market. It is a collaborative cluster, located in Dublin, connecting companies, government and researchers to work together in the development, promotion and deployment of clean technology solutions. The founding partners of The Green Way include Ballymun Regeneration Ltd (BRL), Dublin Airport Authority (DAA), Dublin City Council (DCC), Dublin City University (DCU), Dublin Institute of Technology (DIT),Fingal County Council (FCC), and North Dublin Chamber (NDCC). Corporate and strategic partners include ESB and Magnet Networks. www.thegreenway.ie
For more information contact The Green Way
Aideen O’Hora    Julian Seymour E: aohora@thegreenway.ie  E: jseymour@thegreenway.ie P: 087 2055832     P: +353 1 5249801

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