Minister Bruton launches the “Cleantech in Ireland 2014” report

Richard Bruton T.D., Minister of Jobs, Enterprise and Innovation

Richard Bruton, T.D., Minister of Jobs, Enterprise and Innovation

 

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.”

 

Source: The Green Way

 

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