"The project team is already developing the site at Killard, near Doonbeg, and is in talks with five companies.
These include Irish firm Ocean Energy, AW Energy, Ocean Linx, Wello and Carnegie. Mr Fox added that two options were being considered - an option near the shore where the device would be fixed to the seabed, or ones which are deployed further offshore. Indicative costs were €40m to €50m."
