The new company ActionZero has already doubled its workforce in the last two months. It aims to have 100 employees by 2024.
Irish green energy company ActionZero will double its workforce, creating 80 new jobs over the next three years. The move follows the company’s significant expansion over the past two months.
ActionZero started the year with 10 employees. It expects to have 100 by the end of 2024. It has already added more staff at its Cork and Kerry locations to cope with its rapid expansion, which has seen it double in size in 60 days. Today (15 November) a new office has opened in Penrose, County Cork.
Action Zero was formed just this year following the merger of Energy Services and Straightline Energy Solutions. It is part of a series of green energy companies owned by entrepreneur Pearse Flynn.
The company focuses on technologies and services dedicated to the decarbonisation of heat. It has developed a patented turnkey technology called EscoPod which generates heat in a process that eliminates fossil fuels. Its technology is integrated with an analytics platform that uses data to optimize efficiency and signal the shift to renewable energy.
The company expects to play a role in Ireland’s transition to a decarbonised economy over the next decade.
Public Expenditure Minister Michael McGrath has opened his new Cork office. He commented: “ActionZero is growing at a significant pace and this is testament to the dedication and skills of the CEO and the team. It’s great to see them create such a meaningful job in Ireland and I wish them the best in their future projects. Reducing our emissions is a key commitment of this government, as set out in the Climate Action Plan. Innovators such as ActionZero will help deliver solutions for the industry and ensure that we are moving in the right direction to achieve our emissions reduction goals. “
Company CEO Denis Collins said, “ActionZero solutions enable organizations to decarbonise heat, dramatically reduce carbon emissions, and very often pay for themselves.”
Collins, who is a former president of regional development at IDA Ireland, added that ActionZero has “already entered into a number of agreements with multiple organizations across various industries.” He is also in “advanced negotiations with others”.
The deals announced include a multi-million dollar green partnership with Irish food company, Kepak Group. The project will be delivered to Kepak’s Athleague facility, Co Roscommon, with plans to roll out the technology across the Kepak Group.
The initial project with Kepak is worth € 2.3 million and is expected to grow to a value of around € 15 million at 10 sites over the next two years as the technology is rolled out across the group.
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