The Offshore Renewable Energy (ORE) Catapult undertook over 500 collaborations with industry and academia in its latest financial year, a 10% increase from the previous year, according to its latest annual impact report, published today (30 November 2017). This includes support for 134 small and medium-sized companies and participation in 35 international projects.
The Catapult operates £250 million of unique, world-leading test and demonstration facilities and every £1 invested by the UK Government in ORE Catapult funds £21 of research and technology development activity.
Commenting on the report, Andrew Jamieson, ORE Catapult Chief Executive, said: “By working more closely than ever with partners from across industry and academia, and using and investing in our world-leading test and demonstration facilities, we have delivered significant impact across our expanding portfolio of projects and services.
“We will continue to focus on driving innovation and building a strong UK supply chain, which is essential for continued job creation, cost reduction, and powering the UK economy.”
Highlights this year included:
Powering the Future: Impact Report 2016/17 highlights the centre’s key activities and successes in 2016/17 and sets out its plans to ensure that the offshore renewable energy industry continues to deliver economic prosperity for the UK, and plays a vital role in delivering the UK Government’s newly published Industrial Strategy.