A newly merged green energy company has said it expects to create 80 new jobs over the next three years.
Energy Services and Straightline Energy Solutions, have merged to create ActionZero - a new company which aims to help industry and businesses to reduce their carbon footprint.
The company currently has 22 staff based in Cork and Kerry, with sales staff deployed throughout Ireland.
ActionZero has developed a patented turnkey technology called the EscoPodTM, which it said generates heat in a process that eliminates the need for fossil fuel.
It said the technology is integrated with an analytics platform which uses data to optimise efficiency and report on the transition to green, renewable energy.
The CEO of the newly merged entity is Denis Collins, a former global executive with IBM, and previous chairman of IDA Ireland Regional Development.
"It’s no secret that we’re facing a climate crisis and as the world continues to push towards a zero emissions future, we’re here to make that a reality," Mr Collins said.
"There’s a significant global market opportunity and ActionZero is a highly skilled organisation that clearly addresses that, delivering fully funded solutions through patented technology and analytics to make a better planet for all," he added.
Minister for Public Expenditure and Reform, Michael McGrath welcomed today's announcement.
"Ireland's ambition is to more than halve carbon emissions over the course of this decade.
"We need all sectors working together, developing new cutting-edge technology and ActionZero is an example of that," he said.
