
Mojo Maritime
Extracting Power From A Huge Untapped Resource
In 2004 Captain Richard Parkinson decided to leave his safe job working in the offshore oil and gas industries and create a world class marine technology consultancy with Mojo Maritime.
The company specialises in the offshore renewable energy industry and is involved in marine construction, engineering and installation on several high profile wind, wave and tidal projects which include installing the world’s first commercial tidal- current power system, SeaGen, in Northern Ireland’s Strangford Lough. Another project is developing the technology to install a 1MW prototype tidal energy device off the Orkney Islands.
“I asked myself what makes Cornwall so different?” says Managing Director Parkinson. “I came to realise it was the county’s strength in renewable technology.”
The South West, particularly Cornwall, is fast becoming a world centre for wave and tidal energy and Mojo Maritime has been pivotal in helping secure the South West’s designation as a Low Carbon Economic Area because of the region’s strength in marine energy. This means that the UK Government is making £19.5 million available, almost half of which is going to Wave Hub, with the remainder to be spent on other marine energy projects in the region.
In fact Mojo Maritime won the 2009 South West Sustainable Energy Champion Award at The Green Energy Awards, the ‘Green Oscars’, for being at the forefront of promoting marine energy in this way.
Having two divisions – marine operations and subsea technology – Mojo Maritime is now planning to develop an American based subsidiary, Mojo Ocean Dynamics, which will create solutions to harsh marine environments using pioneering marine technology.
“You can’t wait for business to come to you. You have to be amongst it. The UK leads the world in the marine renewable energy sector and Cornwall’s realising that we’re good at selling our expertise to the rest of the word. We may be a relatively small company but we have big ambitions,” says Parkinson.
www.mojomaritime.com