Enterprise Ireland portfolio firm Ocean Energy has announced that its pioneering wave energy converter “OE Buoy” will be built by Oregon-based Vigor and deployed at the US Navy’s Wave Energy Test Site on the windward coast of the Hawaiian Island of Oahu later this year.

“It’s a fantastic time to be in the toy industry, especially when you have a niche product that really finds its place in the market,” says Niamh Sherwin Barry, director, and co-founder of the Irish Fairy Door company, which makes and sells wooden Irish fairy doors for children.