Green energy company, EI-H2, is planning to develop Ireland’s first Green Hydrogen facility. The company intends to seek planning permission for a 50 MW electrolysis plant in Aghada, County Cork, which when operational will remove 63,000 tonnes of carbon emissions annually from Irish industry and power generation.
Upon completion, the site will be one of the biggest green energy facilities of its kind in the world. Over 85 full-time direct and indirect jobs will be created, and EI-H2 Aghada hopes to be operational before the end of 2023. The cost of construction and connection to the electricity grid is expected to be around EUR120 million (US$146 million).
EI-H2 will shortly begin an intensive round of pre-planning discussions with Cork County Council, the Department of the Environment, Climate and Communications, and other interested parties ahead of the formal lodging of planning permission later this year.
Country updates
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May 19, 2021
Bank of Ireland, EIB to finance 75 MW Cloncreen wind project in County Offaly
Bank of Ireland and the European Investment Bank (EIB) have agreed to finance a EUR100 million (US$118 million) wind farm project by Bord na Móna that will be able to supply up to 55,000 homes...
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May 18, 2021
Partners Group takes full ownership of 500 MW Greenlink interconnector transmission project
Partners Group has become the sole shareholder in Greenlink Interconnector Limited, after acquiring a 51% stake from Element Power. Greenlink will use a subsea high-voltage direct current (HVDC) cabl...
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May 18, 2021
Aker Horizon closes acquisition of majority stakes in Mainstream Renewable Power
Aker Horizons ASA has finalized and closed the transaction to acquire Mainstream Renewable Power Ltd. Existing Mainstream shareholders have re-invested and retained 25 percent ownership in the co...
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April 30, 2021
SSE to submit planning application for 520 MW Offshore wind farm in Ireland
SSE has confirmed the intention to submit the planning application for the onshore grid infrastructure needed to connect the 520 MW Phase 2 of Arklow Bank Wind Park to Ireland’s electricity tran...
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April 21, 2021
ESB to build 1.4 GW Offshore Floating wind farm in Ireland
ESB’s Moneypoint site to be transformed into a green energy hub, where a range of renewable technologies will be deployed over the next decade with the capacity to power 1.6 million homes.
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