The €40m Glen Dimplex Research and Development Centre in Dunleer was opened by an Taoiseach Enda Kenny last Friday.
The company has set out on a major research and development project that involves ESB, Intel, EirGrid, Airtricity and others. Twenty five jobs will be created as a result.
Engineers at the centre have developed renewable electric heating systems for the world market and are now world leaders in this field. One of the products is the Quantum Space and Water Heating system that gives 27 per cent savings in electrical storage heating to the customer.
There is huge interest in this system from sources in the UK, Canada, and other countries.
The system can link into the ESB grid and use power that would otherwise be scrapped.
“The ability to store electricity and use it on the Quantum is revolutionary,” Mr Kenny said on his tour of the plant.
Glen Dimplex president, Mr Martin Naughton, said Dunleer has been the centre of the electric appliance industry in Ireland.
“I am delighted that we continue to make world leading appliances in Dunleer,” Mr Naughton told the Dundalk Democrat.
“The great thing about having your base in Ireland is that you can decide on international development. But you have to be fair to everybody.”
On the weekend that Ireland left the bailout, Mr Naughton very confidently said: “the economic situation has to be right” for this type of research and investment”.
Mr Martin Neary, engineering technician at the new centre, said the products they are developing will sell all over the world.
He said it was a vote of confidence by Mr Naughton in Dunleer, Louth, and the country.
He described how the Quantum storage heater can link up with the ESB national grid and instead of the ESB dumping energy it can’t use, the storage heater can absorb it.
This leads to cheaper electricity for the consumer and a philosophy of creating green energy.
There is huge interest in this development in the UK, Canada and other countries.