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gkinetic.com

Stage

Grant - II | Alive

Total Raised

$3.39M

Last Raised

$3.17M | 5 yrs ago

About GKinetic Energy

GKinetic Energy is a developer of efficient hydro-kinetic energy solutions.

GKinetic Energy Headquarters Location

Newcastle

Limerick,

Ireland

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GKinetic Energy Patents

GKinetic Energy has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/2/2015

8/6/2019

Aerodynamics, Engine technology, Engine components, Fluid dynamics, Aircraft wing design

Grant

Application Date

11/2/2015

Grant Date

8/6/2019

Title

Related Topics

Aerodynamics, Engine technology, Engine components, Fluid dynamics, Aircraft wing design

Status

Grant

Latest GKinetic Energy News

H2020 funds tidal energy device

Oct 23, 2017

Ireland-based tidal energy company GKinetic Energy is to develop its first commercial device after the successful completion of its prototype testing programme. The Newcastle West-based company will develop its first 25kW commercial device after its 8kW unit generated outputs above international industry standards. The device will be capable of generating enough electricity to power up to 15 homes. Horizon 2020 grant funding of €2.7m has been received through Gkinetic’s manufacturing partner DesignPro Ltd to commercialise 25kW and 60kW devices using its unique technology. The GKinetic device operates in rivers with its turbines placed at either side of a vertical cylinder, exploiting the natural phenomenon of water accelerating around an obstacle. Research shows that the power available through this acceleration is twice that of natural water flow. The compact design and size of the GKinetic device also means that it is easily deployed, operating in depths as shallow as two metres and widths of three metres, meaning remote, off-grid communities now have the option for their energy requirements. Chief executive Vincent McCormack said: “We came up with a floating device that accelerates the flow into the turbines, so we are actually getting double the speed of the water and, therefore, greater power. We are now going to develop our first commercial unit but that will require rigorous testing over two years … once we’re beyond that we expect to be into full production of 25kW machines in 2020.” Its 8kW prototype has been successfully tested at the Shannon Foynes Port Company (SFPC) over the past year. The 25kW device will also be tested at Limerick Docks prior to being deployed at certified river or estuary test sites.

  • Where is GKinetic Energy's headquarters?

    GKinetic Energy's headquarters is located at Newcastle, Limerick.

  • What is GKinetic Energy's latest funding round?

    GKinetic Energy's latest funding round is Grant - II.

  • How much did GKinetic Energy raise?

    GKinetic Energy raised a total of $3.39M.

  • Who are the investors of GKinetic Energy?

    Investors of GKinetic Energy include Horizon 2020 and Sustainable Energy Authority of Ireland.

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