CEO of tidal developer OpenHydro stepping down

Ives stepping down

DUBLIN, Ireland

James Ives, chief executive of OpenHydro, has announced that he is handing over the leadership of the company.

“OpenHydro is in the process of making the important transition from technology development to industrial supply,” he said. “I am extremely proud of what we achieved since we began developing the Open-Centre Turbine, especially when I reflect on the number of industry firsts we have secured as a company. I have no doubt that with DCNS’ support, OpenHydro will consolidate itself as the tidal energy market leader, establishing itself in new global markets and stepping-up to industrial scale supply.”

OpenHydro is a DCNS company. Ives has been with the company for nearly 12 years.

Thierry Kalanquin, chairman of Open Hydro and senior vice president of energies at DCNS, said “Under his guidance, the company has grown from pioneering research and development to its current position as market leader in tidal energy. DCNS is fully committed to our Irish operation and while we conduct our search for our new Chief Executive, I will take up the reins at OpenHydro on an interim basis.”

In August, reported that OpenHydro is working with Kyuden Mirai Energy Co. on what could become Japan’s first large-scale tidal energy project.

According to its website, OpenHydro is a technology business that designs and manufactures marine turbines to generate renewable energy from tidal streams.

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