DIT MBA Graduate Michael Murrray
28 September 2017
In the News- DIT MBA Graduate Michael Murray- Managing Director for NVP Energy who were announced as finalist in the Irish Times Innovation Awards 2017.
The Irish Times Innovation Awards 2017 announced their finalists with DIT MBA Graduate Michael Murray representing NVP Energy, as they made the top three in the Energy and Environment category. NVP Energy’s technology turns the wastewater from industrial and other processes into an asset by cleaning it and creating gas for use in combined heat and power systems and other applications.
The future for the company is sustainable international growth, according to Murray. “We want to internationalise as fast as we can. Will use an indirect model to sell into international markets. We have already set that in train in the US and we are having detailed discussions with potential partners there. We now have a team of 11 people, up from four in March 2016 but it is very much steady as she goes and we won’t bite off more than we can chew. The global market opportunity in this area is worth €35 billion to €40 billion per annum and we believe we have a product that can claim more than a niche share of that.”
DIT College of Business wish Michael and the team at NVP Energy the best of luck in the finals!