Tuesday, May 5, 2015

EU awards €2.48m to innovative Irish SME - Exergyn


Exergyn, an Irish SME, has been awarded €2.48m in EU funding to commercialise its Exergyn Drive engine, which turns waste hot water into electricity.
The specially-designed engine has been created with the application of using waste hot water created during the cooling process of manufacturing and, rather than letting it go to waste, or wasting valuable energy cooling it down again, they can use it to power their engine to create electricity.
The company, which was founded in 2012 by Alan Healy, Barry Cullen and Kevin O’Toole, has expanded to 15 staff and is targeting the European bio-gas sector as they believe that it represents an attractive commercial prospect for power generation.
The Exergyn Drive has already undergone trials and, as of the beginning of Q1 this year, the company is seeking partners to trial five 10kW engines in the bio-gas and power generation industries.
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My name is Shiyas Basheer and i am a part time blogger who just started to walk through the doors of blogging. I started writing blogs to express my views on different matters from around the world and also to provide information and knowledge to people.

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