Roscrea native, Mr Anthony Glynn, together with business partner and Athlone native Mr James Sherlock, are amongst 3 business finalists shortlisted for the 2014 David Manley Emerging Entrepreneur Awards, sponsored by Dublin Chamber of Commerce and Ulster Bank.
Their product, “Dunk-E,” enables people to manufacture their own electricity and was originally conceived by Mr Glynn while researching Water Turbine Technology, as part of his studies here at the Tipperary/Limerick Institute of Technology (LIT), Thurles.
As part of his research, Anthony found that there were major issues with current technologies in providing rural communities with electricity, leading to his conclusion that off-grid micro generation remains the only feasible option. To this end he designed the original concept for his “Dunk-E,” latter a novel, patent-pending hydro turbine device that produces substantial electricity from the natural flow of water in small rivers, streams, weirs and sluice gates. This device will also provide users with exceptional long term value for money.
With over 9 years experience in the Renewable Energy Sector as well as having set up and run his own business, Mr Glynn has set up Ár-nuaTec, together with Mr Sherlock, to produce and market “Dunk-E,” using this product’s four main focused marketing factors:- Energy Savings; Upfront Costs; Payback Period and Warranty.
Anthony and James have now identified a minimum of 4 million potential micro hydro sites worldwide and hold advanced orders of over €150,000 during 2014 here at home, with orders worth over €250,000 for the Asian market in 2015.
The overall winner in the 2014 David Manley Emerging Entrepreneur Awards will be announced at a ceremony in the offices of Mason, Hayes and Curran on Thursday, January 30th 2014.
The winner will receive a prize package worth over €100,000, comprising of €10,000 in cash together with consultancy services and mentoring from a range of professional support companies.