BELFAST renewables firm Everun is making a multi-million-pound investment to double its workforce as it aims to triple its turnover by the end of 2024 and diversify into new markets.
Set up in 2010, the company provides a range of services across solar and wind power, electric vehicle (EV) charging systems and smart motor systems.
Everun currently operates around 160 wind turbines across the island of Ireland, where it manages more than £150 million worth of renewable assets for clients.
The investment, which is being supported by Invest NI, will create 32 high value engineering jobs which will contribute more than £1.4 million in annual salaries to the economy.
Everun managing director Michael Thompson said: “We have developed a strategy for expansion and diversification that will see us growing our reach across the UK and Ireland.
“Our focus will be on consolidating our position as a leading provider of onshore wind turbine generator asset management services and building on our success to date in the EV charging arena.
“We’ve also identified significant opportunities for growth in the solar power, battery energy storage and smart motor markets.”
He added: “Invest NI has been extremely supportive, helping us to take on staff when we first entered the EV charging market and assisting with this latest expansion. Its support ensures we can move quickly to establish us as a complete renewable energy services solution for businesses across the UK and Ireland.”
In May Everun confirmed a new partnership with engineering firm MCE Scotland to introduce its innovative Turntide smart motor systems to the HVAC (heating, ventilation and air conditioning) market. The system is 80 per cent more energy-efficient than traditional motors.
Grainne McVeigh, Invest NI’s director of advanced manufacturing & engineering, said: “Everun is helping businesses across the UK and Ireland to achieve their sustainability goals and reduce their carbon footprint.
“Through its range of renewable power solutions, the company is not only offering protection from volatile energy markets but is also providing products and services that help businesses reduce costs and improve productivity.
“Invest NI has identified the green economy as a key driver that will be central to Northern Ireland’s future, and our support for innovative companies like Everun aligns with the Department for the Economy’s 10X economic vision to transition to a greener more sustainable economy.”
