Mojo Maritime Sets Up New Office in France
- Business & Finance
Mojo Maritime, the Falmouth based marine renewable energy experts, has expanded into France, having incorporated a wholly owned French subsidiary in response to the growing French tidal energy market.
Mojo Maritime France S.A.S. is headquartered in Cherbourg, Normandy, and has operations in Nantes, Western France. The company started trading on 1st May 2014 and has already begun the recruitment process. Over the next five years, Mojo Maritime expects its French office to consist of five people, bringing its total number of employees to 35.
The first project for Mojo Maritime France S.A.S. is the development of an innovative seabed preparation system which has applications for the tidal energy sector; a key area of development for the Cornish based company. This project is in conjunction with Cassis base company Geocean and is part funded by a grant administered by the French Government Agency ADEME.
Richard Parkinson, Managing Director of Mojo Maritime, commented: “The expansion of Mojo Maritime into France is an exciting step forward for us, as a Cornish-based business. We see the French tidal energy market as a key area of development and have been lucky enough to receive lots of support for our venture from local stakeholders. We are looking forward to seeing what the future holds for Mojo in both the UK and France and will be on hand at All Energy this week to discuss our plans further.”
Earlier this year, Mojo Maritime secured funding to develop, build and test their low motion floating platform for offshore LiDAR measurements (LiDAR is an advanced technology deployed in support of offshore wind energy farms) and the French expansion further amplifies their growing business.
The South West will be well represented at the upcoming All Energy Show in Aberdeen on 21-22 May, where representatives from renewable energy companies will be on hand to discuss the region’s offerings in the renewable energy industry as part of the South West Marine Energy Park’s offer.
Mojo Maritime will be situated on stand M19.