The Government of Ireland has accepted the terms and conditions for its first offshore wind auction, which is anticipated to generate up to 2.5 GW of clean electricity, enough to power 2.5 million Irish households.
The Environment Minister received the Cabinet agreement to proceed with offshore renewable power support scheme plans (ORESS 1). The total aim for offshore wind in Ireland is 7 GW by 2030, with the first 2.5 GW expected to be delivered in 2026 or 2027.
Energy and project developers will compete to deliver energy through long-term contracts; the winning bidder will be determined by June of next year.
Country updates
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November 09, 2022
Iberdrola secures EUR500m loan for renewable energy projects
Iberdrola SA has signed a syndicated EUR500 million (US$499.8 million) green loan with CaixaBank and BNP Paribas SA, with Cesce providing credit insurance. The 15-year loan will support wind, solar p...
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October 21, 2022
ABO Wind commissions stand-alone battery storage project in Kells
ABO Wind has commissioned a 50 MW stand-alone battery project in Kells, Northern Ireland for SUSI Partners. The Kells facility is one of the world's fastest storage systems, with a response time of l...
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October 21, 2022
NTR, AIB sign Irish solar PPA
Allied Irish Banks (AIB) and NTR have signed a Corporate Power Purchase Agreement (CPPA) for the purchase of energy from two solar projects that NTR will develop in County Wexford, Ireland. The combi...
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October 20, 2022
EDF Renewable Ireland plans to build 50 MW wind project in Louth
EDF Renewable Ireland, a renewable energy unit of EDF Group, is planning to build the 50 MW Kellystown Wind Farm project that will be located approximately 8 km north of Drogheda town in Cou...
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October 18, 2022
RES divests 47 MW wind project near Swatragh
ERG UK Holding Ltd, a subsidiary of ERG, has acquired the 47 MW Corlacky Hill Wind Farm project in Ireland from Renewable Energy Systems (RES Group). The project will consist of 11 turbines to be inst...
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