Schneider Electric, the leader in digital transformation of energy management and automation, has significantly scaled the manufacturing and production capacity of its Barcelona prefabricated data centre factory - increasing it from 7000m2 to 12,000m2 in response to accelerated customer demand for prefabricated, high-compute workload data centre solutions.

Schneider Electric Increases Capacity

Company scales existing manufacturing and integration footprint from 7000m2 to 12,000m2 in response to accelerated customer demand for prefabricated, high-compute workload data centre solutions.

Significantly increases end-to-end production capabilities for Schneider Electric's complete portfolio of EcoStruxure Modular Data Centres and critical components including high-density racks, UPS, MV, LV, and Circuit Breakers.

Is now the largest, dedicated manufacturing centre for Schneider Electric's prefabricated modular data centre solutions in Europe, supporting customer growth across the regions' primary and secondary markets.

Headquartered in Sant Boi de Llobregat, Barcelona, the factory and large-scale logistics centre, which is one of the primary European locations for the design, production, and integration of Schneider Electric's EcoStruxure Modular Data Centre portfolio, now provides an additional 5000m2 of dedicated, production space - meeting accelerated customer requirements for speed to market, predictability, and resilient, data centre solutions.

Driven by customer demands for high-compute workloads and artificial intelligence (AI), which according to PWC Global, could contribute up to $15.7 trillion to the global economy in 2030, the Sant Boi Facility is now the largest manufacturing site for Schneider Electric's prefabricated modular data centres in Europe. Analyst Omdia expects global sales of prefabricated modular data centre systems to generate $8.6bn in 2027.

Further, the investment has enabled the company to double the end-to-end production, integration, testing and output capabilities for both its all-in-one modular data centres and prefabricated power modules. This includes key powertrain components such as three-phase uninterruptible power supplies (UPS), low (LV) and medium-voltage (MV) equipment, circuit breakers and switchgear.

"Prefabricated modular data centres are one of the most efficient and sustainable ways to design and deploy high performance data centre capacity at speed and scale, while ensuring less wastage, optimised production and a reduction in the embedded carbon within the space," said Marc Garner, SVP, Secure Power & Data Centre Business, Schneider Electric, Europe.

"By scaling up our end-to-end production capacity in Barcelona, we're reinforcing our supply chain capabilities at a time of unprecedented growth, and ensuring customers in Europe have access to fast, predictable, and high-quality data centre solutions, which can be designed and operational in as little as 24-weeks."

A resilient global supply chain, built for AI and accelerated computing

Recently, Schneider Electric announced a $3 billion (€2.76B) multi-year agreement with Compass Datacenters, one of Inc. Magazine's 5000 fastest growing companies, to integrate both organisations' respective supply chains, and manufacture prefabricated modular data centre solutions quickly and cost-effectively, at-scale.

In direct response to the burgeoning demand for AI, this unique 5-year agreement has enabled Schneider Electric and Compass Datacenters to deliver highly scalable, modular data centres that offer a simplified design, streamlined manufacturing, and the ability to be deployed easily across a multitude of remote environments.

Schneider Electric's investment in its Sant Boi factory mirrors this strategy entirely and will provide European customers with the ability to scale-up their data cener operations in Tier 1 and Tier 2 data centre markets, and accelerate deployment times by utilising best-in-class manufacturing and testing capabilities...

Coimisiún na Meán has published a decision in respect of three hosting service providers under the Terrorist Content Online Regulation. Coimisiún na Meán has determined that TikTok, X and Meta (in respect of Instagram) services are 'exposed to terrorist content.'

Terrorist content is defined in EU law as material that:

incites the commission of terrorist offences, such as by the glorification of terrorist acts;

advocates the commission of terrorist offences;

solicits a person or a group of persons to commit or contribute to the commission of terrorist offences;

incites, solicits, threatens or provides instruction on the commission of terrorist offences;

solicits a person or a group of persons to participate in the activities of a terrorist group;

provides instruction on the making or use of explosives, firearms, or other weapons, or noxious or hazardous substances, or other specific methods or techniques for the purpose of committing or contributing to the commission of terrorist offences;

constitutes a threat to commit a terrorist offence

The Terrorist Content Online Regulation, which is one part of Coimisiún na Meán's Online Safety Framework, provides an EU-wide mechanism for counteracting the dissemination of terrorist content online and enabling the speedy removal of terrorist content by hosting service providers.

Under the Terrorist Content Online Regulation, hosting service providers which receive two or more final removal orders from EU competent authorities within the last 12 months may be determined as being exposed to terrorist content. An Coimisiún has reached this decision following the notification of two or more final removal orders in respect of these three providers and following engagement with these providers.

An Coimisiún has made this determination in line with its Decision Framework, published in June 2024.

Following this decision, TikTok, X and Meta (in respect of Instagram) will be obliged to take specific measures to protect their services from being used for the dissemination of terrorist content, and to report to Coimisiún na Meán on the specific measures taken within three months from the receipt of the decision.

These measures shall be effective, targeted and proportionate and respectful of the fundamental rights of users. Among the measures a hosting service provider exposed to terrorist content is required to take is the inclusion in its terms and conditions of provisions to address the misuse of its service for the dissemination to the public of terrorist content.

Coimisiún na Meán will supervise and assess the mitigation actions taken by the providers. Where An Coimisiún considers that the specific measures taken do not comply with legislative requirements, An Coimisiún will address a decision to the hosting service provider requiring it to take the necessary measures so as to ensure that legislative provisions are complied with.

Infringement by hosting service providers of the Terrorist Content Online Regulation can lead to the imposition of administrative fines, including financial penalties of up to four percent of global turnover.

Coimisiún na Meán's Online Safety Framework consists of the Terrorist Content Online Regulation, the Digital Services Act, and the Online Safety and Media Regulation Act, the basis for our Online Safety Code.

An Coimisiún advises users of online services who see suspected terrorist content to report that content to the platform where they have seen it, and to report any content which could be a threat to life to An Garda Síochána.

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South East Technological University (SETU) is thrilled to announce its role in the ambitious EVEREST project. Led by the University College Dublin (UCD), the project is a collaboration of 21 institutions from 11 countries, focused on harnessing the potential of extracellular vesicles (EVs) to transform biomedical research.

With a €1.3 million budget funded through the prestigious Marie Sklodowska-Curie Actions (MSCA) programme under Horizon Europe, the project will commence in January 2025 and continue over a four-year period.

Extracellular vesicles are small, cell-derived particles that serve as messengers between cells, carrying proteins, lipids, and nucleic acids essential for intercellular communication. By standardising methods for isolating and characterising these vesicles, EVEREST aims to leverage their potential for non-invasive diagnostics and personalised treatments, enabling more precise and effective interventions for complex diseases such as cancer and cardiovascular conditions.

Prof Marie Claire Van Hout, Vice President for Research, Innovation and Impact at SETU, highlighted the significance of the project for the university: "The EVEREST project exemplifies SETU's commitment to advancing impactful research that can improve lives globally. Through collaboration with leading institutions and industry partners, we are contributing to innovative biomedical solutions that hold the potential to change the landscape of diagnostics and treatment.

This is an exciting opportunity to showcase SETU's research capacity on an international stage."

SETU's Ocular Therapeutics Research Group (OTRG), led by Dr Laurence Fitzhenry, is excited to contribute to this interdisciplinary initiative. Reflecting on the project, Dr Fitzhenry shared, "EVEREST provides a platform for researchers to develop valuable scientific skills while actively advancing transformative treatment options for those affected by challenging diseases.

Our team is looking forward to expanding our expertise and collaborating with a consortium that spans multiple disciplines and industries."

The EVEREST consortium unites leading academic and non-academic partners, with academic collaborators including University College Dublin, Trinity College Dublin, and Queen's University Belfast, among others across Europe. Industry partners such as SiriusXT, Bioreperia, and Fox Biosystems bring critical commercial perspectives, ensuring a robust approach from fundamental research to practical applications.

Prof Breandan Kennedy and Dr Yolanda Alvarez, project leaders with significant experience managing European projects like CRYSTAL3 and 3D-NEO-NET, will ensure the project's effective progress. EVEREST will benefit greatly from the MSCA Staff Exchange programme, which promotes international collaboration, knowledge transfer, and innovation, with the goal of generating solutions to some of healthcare's most pressing global challenges.

Through EVEREST, SETU and its partners are set to push the boundaries of biomedical science, leveraging extracellular vesicles to advance early diagnostics and pave the way for future treatment breakthroughs.

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STEM South West is back for its sixth year, promising to be the biggest and best one yet - this time taking over Cork City Hall on Wednesday, November 20th, from 4 pm to 8 pm. Event organisers are calling on secondary students, parents and teachers to join them for an exciting afternoon journey within the world of STEM.

The theme of this year's Expo is "The World Needs You: Solving Global Challenges with STEM". The event will showcase how STEM careers and a STEM education can address real-world problems that impact climate change, healthcare, robotics, AI and medtech.

To maintain Ireland's position as a leading global hub for tech, pharma, medtech, engineering and bioscience industries, STEM South West estimate that at least 20pc of Ireland's 964,000 primary and secondary students[1] will be needed to go on to study STEM.

In support of that effort, it is joining forces with industry and education partners on this live showcase event.

FREE for all, they will be welcomed from all corners of the country to get a glimpse into the exciting possibilities and opportunities that await them in any STEM field they choose.

The impact of previous events has been noteworthy, with 9 out of 10 students expressing an increased interest in pursuing a career in STEM after attending the event.

An Tánaiste, Micheál Martin TD, Minister for Foreign Affairs and Defence speaking at the event launch,

"This initiative continues to promote, empower and encourage young people to explore STEM opportunities across industry sectors that significantly contribute to our nation's economic growth. Investment in knowledge has always been our greatest enabler and STEM South West - with its widespread industry and education partner base - is opening doors for our young people.

I wish the organising team, the exhibitors and all of the visiting students, parents, teachers every success and an enjoyable immersive experience."

Mary Good, Chair, STEM South West commented,

" Ireland offers an incredible range of opportunities to students that choose to study STEM subjects. These subjects not only serve as the bedrock for so many careers but can also be the ticket for students and young graduates to explore the world, discover, learn and find new ways and means to make a positive impact on themselves and on the lives of others.

Every step towards positive change matters as our global society faces critical issues around health, climate change, housing, energy and the very future of how we live and work. Investing in those that will hold the future in their hands, inspiring and equipping them to learn, lead and innovate is the right thing to do.

The work that STEM South West is doing is necessary to ensure that our current STEM industry base is secure, that companies continue to locate in Ireland, that our start-ups and SMEs are given the opportunity to thrive, and that the students of today are given the skills to tackle the global challenges of tomorrow. STEM South West is driving a collective response to this - by showcasing the incredible range of opportunities that the STEM sector has to offer across the South West."

The enthusiastic participation of industry experts and organisations underscores the significance of this event in fostering the ongoing growth and prosperity of STEM industries in the region.

Teachers and Guidance Counsellors will have a dedicated section at the event, where they can learn first-hand about the career options now available in the STEM sector in this region.

John Morrissy, CIO of PepsiCo, shared his vision for the event, which is sponsored by PepsiCo,

"We are delighted to sponsor the 2024 STEM South West Expo. PepsiCo is home to hundreds of beloved brands, which support thousands of technical jobs, including R&D, engineering and IT. STEM leaders in these fields create the foundation for future success. Together, they show how science, technology and engineering can unlock creativity that inspires. We look forward to meeting the STEM le...

Researchers from Trinity College Dublin are partnering with CKDelta to take an AI-driven approach to tackle some key efficiency and sustainability challenges faced by the utilities sector.

CKDelta is an AI software business within CKI Innovations Opportunities Development (CKH IOD), a member of CK Hutchison Holdings, leveraging data, expertise and intellectual property to drive improved business performance.

Headquartered in Dublin, CKDelta is providing €865,000 in funding to support the appointment of a postdoctoral researcher and a number of PhD students, who will work on a range of research projects under the supervision of Professor GregFenory O'Hare, Professor of Artificial Intelligence and Head of Trinity's School of Computer Science and Statistics.

The research projects will fall under two main umbrellas: predictive maintenance and early warning systems.

Predictive maintenance is a data-driven approach that uses AI to monitor the condition and performance of assets and predict when they need servicing or replacement. As a consequence, maintenance can be scheduled at the optimal time, avoiding unnecessary downtime, reducing operational expenses, and improving safety and reliability.

The research collaboration will seek to deliver predictive maintenance models that provide better insights for informed decision-making, with maintenance currently often driven on the foot of customer complaints and logs of issues as they arise.

Early warning systems represent a set of tools and methods that aim to detect, monitor, and forecast potential threats or disruptions to utility companies. In the case of the water industry, they provide benefits in cases such as leaks, bursts, floods, sewerage overflows and blockages.

The research programme also seeks to enhance an early warning system to improve the efficiency, reliability, and resilience of the water network, reduce operational and maintenance costs, enhance customer satisfaction and trust, and protect public health and the environment. It also aims to develop an anomaly detection system to identify near real-time differences from expected behaviours, which may be reusable/adaptable to other situations.

In addition to the funding, experts from CKDelta will be providing the platforms in which the Trinity researchers can investigate the data, as well as offering data engineering and data science support.

Prof. Gregory O'Hare, Trinity, said: "We are very grateful to CKDelta for their support and look forward to pooling our expertise as we seek to address some of the most pressing challenges affecting the utilities sector. The scale of the challenges means there is also a significant opportunity to improve sustainability and efficiency, and we believe our data- and AI-driven approach offers great potential in taking a tangible leap forwards.

"We hope that this collaboration will form the basis of a sustained, trusted and mutually beneficial relationship. This will be centred around a co-laboratory where the shared expertise of both Trinity and CKDelta will help with the effective, informed and judicious adoption and deployment of appropriate cutting-edge AI technologies within the CKDelta utilities client portfolio and beyond."

Joe Parker, CEO of CKH IOD, said: "This collaboration combines two complementary forces in AI: the frontier research capabilities of Trinity College Dublin - and its ability to experiment, innovate and test new ideas without restriction in a way that few commercial organisations can; with CK Delta's unique capacity to apply innovation directly to real-world commercial challenges, to help businesses thrive in an increasingly data-driven economy.

"Throughout the next four years, the partnership will generate new streams of knowledge transfer, with cross-pollination of skills, perspectives and specialisms that may otherwise be impossible."

With the holiday retail season approaching, Global Invest Her, a global advocacy platform focused on women's access to capital and economic empowerment, has launched its inaugural 'Buy From Her' campaign to put a spotlight on women-founded businesses all year round.

On a mission to get 1 million early-stage women entrepreneurs funded by 2030, the organisation believes that the best form of funding is a paying customer or user. Global Invest Her is now calling on all women-founded businesses around the world to apply to the 'Buy From Her' Marketplace, a global online marketplace for women founders for them to showcase their products and services so customers can buy directly from them.

Global Invest Her is unleashing the talent, innovation and resourcefulness of women entrepreneurs by creating access to the same equal funding opportunities as men. Through the 'Buy From Her' campaign, consumers and corporates are encouraged to support women-founded businesses. The campaign aims to drive meaningful economic impact for women entrepreneurs, who often face barriers in accessing capital and market visibility.

Through the 'Buy From Her' Marketplace , customers can easily discover and purchase from innovative women-led brands both in the B2B and B2C space, directly supporting their growth. Global Invest Her is committed to creating a more equitable business environment by showcasing these businesses and fostering a community that actively champions investment in women-led ventures.

Anne Ravanona, Founder and CEO of Global Invest Her says: "The 'Buy From Her' campaign is especially timely as the holiday shopping season, including Black Friday and the end-of-year sales, approaches. A paying customer is the fastest path to levelling the playing field for women-founded brands, offering them the same opportunities for growth and funding as their male counterparts.

This campaign aligns with our broader mission - women are the world's greatest untapped resource, and their ideas, products, and businesses deserve to be showcased accordingly. We call on all women-founded businesses to apply to our directory, and become a part of our growing community."

Through the curation of specialised databases, Global Invest Her enables women founders to seamlessly connect with the right investor and customers, facilitating partnerships that aligns with their vision and goals. Global Invest Her's advocacy and policy work seeks to unite global business leaders to serve the women founder, with the ultimate goal of closing the global funding gap of $1.7 trillion.

"Buy from Her gives us all a powerful platform to promote and support women-owned businesses and ensure that future generations benefit from female innovations that are needed by humanity just as much as male innovations are needed. By buying from female-owned businesses, we are helping these businesses succeed, creating wealth for women and their communities and providing our children with female role models.

All of which are very much needed for future generations to thrive," added Ciara Donlon, award winning serial entrepreneur.

For details on how to apply to be part of the 'Buy From Her' directory, please visit https://bit.ly/BuyFromHer-Marketplace-ApplyHere.

Exclusive Networks, the trusted global cybersecurity specialist, has signed an EMEA wide partnership with Druva, a leading provider of data security solutions that empowers customers to secure and recover data from all threats. The addition of Druva's Data Security Cloud Platform to Exclusive Networks' industry leading cybersecurity portfolio further enhances its leading data protection capabilities and evolving data security strategy.

Data has become hugely valuable but at the same time hugely vulnerable. Cyberattacks specifically targeting data are becoming more sophisticated and severe, costing organisations globally an average of $4.45m per breach. This is despite the fact that end user spending on security and risk management is predicted to reach $215 billion in 2024, an increase of 14.3% over 2023, according to analyst firm Gartner Inc.

However, many organisations are still reliant on out-dated data protection solutions that are cumbersome, complex and costly. With Druva and Exclusive Networks, channel partners can address the growing data security needs of their customers with a modern SaaS-first, cloud-native platform that is simple, secure and efficient.

As a channel-first company, Druva helps partners achieve competitive differentiation, win customers, grow revenue and create value. Working with Exclusive Networks and Druva, partners can benefit from:

Market Demand - Druva's fast growing market presence as the No.1 cloud-native data security platform

High Deployment Velocity - 100% SaaS that deploys in 5 minutes or less. No hardware or software to install or manage

$10 Million Data Resiliency Guarantee - delivering peace of mind for partners and customers

Sustained Profitability - build recurring revenues and generous margins across the entire customer lifecycle

High Net Revenue Retention (NRR) - benefit from recurring margins, incumbent protection and increased top line revenues compounded year over year

Julian Keable, Country Manager and Exclusive Networks Ireland commented, "At Exclusive Networks we're on a mission to enable a totally trusted digital world and data security is a strategic cornerstone of this.

Organisations are currently facing a huge data dilemma - how do they leverage data for business success while utilising, managing and protecting it across an increasingly disparate and complex IT landscape in the cloud, SaaS environments and on premises? With Druva's data security solution, partners can now solve this 'data dilemma' and address their customers' need for greater data security and resilience."

Ian Parslow, Senior Director for Partners and Distribution at Druva said, "Exclusive Networks' cybersecurity specialism and disruptive approach to innovative technologies makes them the ideal partner to help Druva challenge legacy data security methods, expand our reach and grow our business across EMEA.

Their extensive partner ecosystem and proven track record of driving growth for innovative cloud-native solutions aligns perfectly with our mission to transform how customers protect and manage their data in the cloud era. We look forward to working with them and their partners to achieve mutual success."

See more stories here.

WorkIQ, the new home of start-ups and growing enterprises in South Dublin and part of the new Innovation Quarter Tallaght, has partnered with Technological University Dublin (TU Dublin) to provide students with direct access to the entrepreneurs and businesses operating in the WorkIQ Innovation Centre.

The partnership between WorkIQ and TU Dublin will provide students of the University with access to resources such as networking events, skill-building workshops, and internships in high-growth sectors, which will empower and inspire the next generation of entrepreneurs.

WorkIQ offers modern and flexible office and coworking space for up to 60 businesses and is already home to a number of successful entities, including local startups and companies such as InDigital, a performance marketing agency and H3D, an innovator in AI CAD technology for healthcare.

Both WorkIQ and TU Dublin are committed to connecting the next generation of entrepreneurs with the thriving ecosystem in WorkIQ and the wider Tallaght Innovation Quarter through a variety of engaging opportunities. Students will be invited to WorkIQ for interactive events, mentoring sessions and hands-on experiences that will bridge the gap between academia and industry.

Through these initiatives and workshops, students will have the unique opportunity to engage directly with local innovators, connect with like-minded peers, and develop skills essential for a career in today's rapidly evolving marketplace.

Daniel Halpin, Business Growth Manager at WorkIQ, says:

"We are delighted to be partnering with TU Dublin in inspiring and equipping South Dublin's future entrepreneurs and innovators. This partnership is a significant milestone for WorkIQ as we continue to create a supportive, innovation-driven culture that empowers students to be bold, confident, and proud of their ideas.

By creating an environment where students have direct access to the successful businesses and entrepreneurs within WorkIQ, we're not only fostering their entrepreneurial spirit but also helping them find their voice and feel genuinely supported in pursuing their ambitions. This partnership highlights the importance of collaboration, growth, and resilience within the Tallaght community.

A massive thank you to everyone involved in bringing this vision to life."

TU Dublin is one of the leading universities in Ireland in terms of its innovation portfolio supporting economic development in the region through the Innovation Office and Enterprise Engagement. Since 2018, TU Dublin Innovation has also supported over 150 start-ups and SMEs to develop new products and services by providing access to researchers with expertise in a range of disciplines, including Food Innovation, Product Prototyping, Cyber Security and Artificial Intelligence.

TU Dublin has two thriving enterprise centres in Dublin 24, supporting over 30 start-up companies and 11 larger-scale companies. This partnership will further TU Dublin's ambition of cultivating the future of entrepreneurship in the area.

Dr Rosie Hand, Head of Discipline in Advertising and Communications at Technological University Dublin, says:

"At TU Dublin, we are thrilled to begin our exciting partnership with WorkIQ, where the stage is set for nurturing the next generation of entrepreneurs. Together, we're building a foundation where creativity, innovation, and bold ideas come to life, empowering students to lead with confidence and drive change."

Strategically located on Council-owned land in Tallaght Town Centre, WorkIQ forms a key part of Innovation Quarter Tallaght - a €16 million development supported by South Dublin County Council with significant support from the Department of Housing, Local Government and Heritage through the Urban Regeneration and Development Fund to foster sustainable urban growth.

As part of the UASEEDs project, the Seeds of Bravery website and the Ukrainian Tech Ecosystem Overview platform by Techosystem have presented new research on the Ukrainian deep tech sector titled "Tech Ecosystem Overview - First update", which has provided valuable insights into the current needs and conditions of the sector.

The study, conducted using both quantitative and qualitative methods, highlights the potential and challenges faced by Ukrainian startups on their way to integration into the EU market.

Methodology and Key Findings

The quantitative survey was conducted from June 5 to July 12, 2024, covering 44 companies, and was complemented by in-depth interviews with representatives of 10 deep tech startups from April 24 to July 17, 2024. The findings reveal trends related to team sizes, funding, and growth stages of startups. Specifically, 54.8% of the surveyed companies reported having up to 10 employees, and 42.9% employed between 11 and 50, indicating steady development.

One company reported a team size of 101-250 employees, highlighting the potential for continued growth.

Growth Trends: Technologies and Sectors

Participating startups operate across several sectors, including healthtech, fintech, and agrifoodtech. A significant portion (40.9%) is at the early commercialization stage, while 38.6% are actively expanding. More than half (51.2%) have secured external funding, and 39.5% are actively fundraising. Key technologies among Ukrainian startups include artificial intelligence, blockchain, quantum computing, and bioengineering.

Some startups are developing solutions to support Ukraine's defense and recovery efforts.

Opportunities for EU Integration

The study's findings indicate that many Ukrainian deep tech startups have strong potential for entry into EU markets, especially through international grant programs and business incubators. Challenges for these startups - from scaling to securing additional investment - underscore the importance of building more structured teams and enhancing collaboration with European partners.

Such integration would strengthen both the Ukrainian and European innovation ecosystems, driving advancements in critical sectors like defense, sustainability, and healthcare.

The "Tech Ecosystem Overview - First update report covers the following sections:

The Ukrainian deep tech sector: Industries, Markets, and Characteristics. This section provides insights into the founding years of startups, the main industries they operate in, and team sizes, offering a comprehensive view of their scale and activity profiles.

Products and Services of deep tech startups. An overview of products, business models, and market strategies of Ukrainian deep tech startups, showcasing their innovation and growth plans both domestically and internationally.

Teams. This part examines team composition, roles, levels of engagement, and gender distribution, offering insights into the management and staffing structures of these companies.

Origins of deep tech startups. An exploration of the motivations behind founding these startups, the formation of core teams, and development stages (whether the idea or market need emerged first), helping to understand their foundational strategies and provide guidance to new entrepreneurs.

Attributes of deep tech startups. A review of the distinguishing features of deep tech, including innovation and potential market demand, highlighting the technological maturity of the respondents and their positioning in the Ukrainian market.

Funding in the deep tech sector. An analysis of startup activities around fundraising, including the volume of capital raised, future funding needs, capital-raising strategies, and company valuations.

The full research is available on the website here.

Access the research presentation here.

Role of the Research

This first study of the Ukrainian deep tech sector highlights a diverse range of startups employing advanced technologies such as AI/ML, blockcha...

EirGrid, which is responsible for operating, developing and enhancing Ireland's electricity grid and market, has awarded four contracts for renewable energy integration technologies, called synchronous condensers, which will provide 'Low Carbon Inertia Services' (LCIS), to support Ireland's energy transition.

This technology is vital for maintaining stability on the electricity grid while operating with higher levels of renewable energy.

Historically, these inertia capabilities required to keep the power system stable could only be provided by large conventional generators.

Earlier this year, EirGrid announced that it had reduced the minimum number of large conventional fossil-fuelled generators that must operate on Ireland's electricity grid at any one time from five to four. The LCIS technology, expected to be delivered between 2027 and 2028, will enable the minimum number of units to be further reduced over time.

Following a competitive procurement process run by EirGrid, contracts were awarded to Quarry Lane Stability Limited in Co. Sligo (a wholly owned subsidiary of Statkraft Ireland Limited), Glencloosagh Energy Limited in Co. Kerry (a wholly owned subsidiary of Statkraft Ireland Limited), Buffy Letter Limited in Co. Galway and Green Frog Power (Wexford) Limited in Co. Wexford.

The contracts awarded to build Synchronous Condensers will together provide 6,963 MVA.s of synchronous inertia, as well as reactive power support and short-circuit contribution, without generating active power, which will allow EirGrid to integrate more renewables onto the power system.

The LCIS Procurement is a key component of the operational plans contained in EirGrid and SONI's Shaping Our Electricity Future Roadmap, which sets out the actions needed to decarbonise the electricity system to meet the Government's Climate Action targets.

Liam Ryan, Chief Transformation & Technology Officer at EirGrid said:

"Generating electricity from the wind or sun is technically very different from burning fossil fuels to create power, presenting significant technical and operational challenges. As we make the transition to more renewable energy, we will need technology like this to ensure continued stability on the system.

The availability of low carbon inertia services is an important part of an extensive programme of work we're undertaking to make the grid renewable ready, which will benefit the economy and local communities across Ireland.

In recent years, this has included the introduction of new technology in our control centre, as well as an increase in our Rate of Change of Frequency (RoCoF) limit, following a large decade-long programme in conjunction with the regulators, the distribution system operators and the generators on the island of Ireland.

At the moment, up to 75% of Ireland's electricity generation can come from variable renewables, such as wind and solar, at any one time. This is known as the system non-synchronous penetration (SNSP) limit. We're doing more system studies and assessments at the moment, aiming to do a trial later this year to bring our SNSP limit above 75%."