Free press releases distribution network?

Agency / Source: DCNS Group

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



DCNS Takes Control of OpenHydro - DCNS is now the majority shareholder in the Irish start-up OpenHydro, specialised in marine turbines, with a 59.7% holding. Thus DCNS confirms its ambition in the field of renewable marine energy - OpenHydro.com / DCNSgroup.com
DCNS Takes Control of OpenHydro

 

PRZOOM - /newswire/ - Paris, France, 2013/03/14 - DCNS is now the majority shareholder in the Irish start-up OpenHydro, specialised in marine turbines, with a 59.7% holding. Thus DCNS confirms its ambition in the field of renewable marine energy - OpenHydro.com / DCNSgroup.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Military/Defense/Homeland Security Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

DCNS expansion in the field of marine turbine energy is part of the group’s growth strategy. With OpenHydro, DCNS hopes to achieve a turnover of 1 billion euros in this sector by 2025.

OpenHydro is a commercial and technological leader in the field of marine turbines and enjoys a high growth potential. The start-up has developed an innovative marine turbine making it possible to generate electricity at a competitive price. It has also formed alliances with the major energy players in several regions where the first marine turbine farms to come into operation will be located, such as France, Scotland, Northern Ireland, Alderney (Channel Islands), Canada and the United States.

By increasing its share of OpenHydro’s capital, DCNS is now moving on from a development phase to an industrial phase in its renewable marine energy activities. A major challenge to be addressed initially will be the industrialisation of the innovative solution designed by OpenHydro. With this in mind, a Marine Renewable Energy Business Unit has been set up in order to group together the OpenHydro activity and DCNS’s own marine energy activities currently undergoing development (floating wind turbines, ocean thermal energy, wave energy).

To meet the challenges raised by these developments, Thierry Kalanquin, while remaining head of the DCNS’s Services Division, will take on the leadership of the Marine Renewable Energy Business Unit. He will be assisted in this task by Frédéric Le Lidec. Thierry Kalanquin also takes over the chairmanship of OpenHydro, thus replacing Brendan Gilmore who had been the OpenHydro Chairman since the company was founded in 2004. As for James Ives, he has been confirmed as OpenHydro’s Chief Executive Officer.

Thierry Kalanquin stated:
“I would like to thank Brendan Gilmore for his precious contribution to the growth of OpenHydro and look forward to working with Frédéric Le Lidec, James Ives and our marine renewable energy teams to bring into play our technological, industrial and commercial assets in this sector”.

The acquisition and the purchasing of OpenHydro shares by DCNS bring to an end the start-up’s increase in capital.

About OpenHydro
OpenHydro (openhydro.com) is a DCNS Group company (
dcnsgroup.com) specialising in marine energy turbines. It designs and produces marine turbines generating renewable energy from marine currents. The company vision is to deploy marine turbine farms under the surface of the oceans to produce energy invisibly, silently, and with no impact on the environment. OpenHydro has achieved several world firsts, including the deployment of a turbine at a European Marine Energy Centre (EMEC) site, electricity production for the UK grid from marine currents, and successful demonstration of the economical and secure installation and recovery of marine turbines directly on the sea bed. This method is a major change in the economic equation for marine energy. OpenHydro has a project portfolio spanning the USA, Canada, France, Ireland, Scotland and the Channel Islands with utility partners including EDF, Bord Gáis, SnoPUD, Emera and SSE Renewables. OpenHydro has won a number of awards for its innovations in the field of renewable energy technology.

Press contact: Virginie Lemière
T: +33 (0)6 76 65 87 69 - E: virginie.lemiere[.]dcnsgroup.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Military/Defense/Homeland Security Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: DCNS Group

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Military/Defense/Homeland Security articles,
CATCH Visitors via Your Competitors Announcements!


DCNS Takes Control of OpenHydro

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
DCNS | OpenHydro
Contact: Marie-Laure Belle - DCNSgroup.com 
+33(0)1 40 59 52 79 marie-laure.belle[.]dcnsgroup.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any DCNS Group securities in any jurisdiction including any other companies listed or named in this release.

Military/Defense/Homeland Security via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From DCNS Group / Company Profile


Read Military/Defense/Homeland Security Most Recent Related Press Releases:

GE Showcases Innovative and Efficient Solutions for International Workboat Show
Leonardo - Life Flight Network of US Orders Two Additional AW119Kx Helicopters
DCNS Announces Partnership with Indigenous Defence Consortium
Thales to Upgrade Collins Submarine with Latest Generation Sonar Systems
Leonardo Inaugurates New Maritime Navigation Support Centre At Izmit in Turkey
Leonardo to Exhibit At PMR Expo Following A String of Professional Mobile Radio Successes in 2016
First Royal Navy AW101 Merlin Mk4 Makes its Maiden Flight
Leonardo Wins Contract to Secure the Port of Pointe Noire in the Republic of Congo
Safran’s Sigma 30 Artillery Navigation and Pointing System Wins New Export Contract
Leonardo Demonstrates C-27J Capabilities in Latin America

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  BizJobs.com

Visit  JobsWare.com

Visit  Triggr & Bloom







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today