Obton, in partnership with Shannon Energy, has planned to invest up to EUR300 million (US$ 333.6 million) for the construction of 500 MW solar plants in Ireland.
Obton and Shannon Energy had formed a joint venture to develop the solar farms over five years. The construction of the project will create about 1,000 jobs.
The companies have identified the sites to install the solar panels which can generate 150 MW in Cork, Galway, Longford, and Westmeath, enough energy to supply for about 25,000 homes.
Country updates
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January 14, 2020
NTR Fund takes over 19.2 MW Ballycumber wind project in County Wicklow
NTR has added a further 19.2 MW to its renewable energy platform through the acquisition of Ballycumber wind farm, located in County Wicklow, Ireland. The project was acquired by the NTR Renewable Ene...
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January 10, 2020
Statkraft completes 11 MW battery storage of 23 MW Kilathmoy wind-plus-storage project in County Kerry
Statkraft has completed the 11 megawatt (MW) battery storage in Kilathmoy wind-plus-storage project in Ireland. The hybrid battery-and-wind project, which combines 11 MW of battery with 23 MW of ons...
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December 18, 2019
SSE completes acquisition of 100 MW Yellow River Farm project from Green Wind Energy
UK utility SSE plc has closed the acquisition of the 100 MW Yellow River Wind Farm project located in near Rhode in County Offaly, Ireland, from its developer, Green Wind Energy (Wexfo...
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December 17, 2019
Obton sets to launch new renewable energy fund
Obton, a renewable energy investor and asset manager in Denmark, is set to launch its new fund named "Impact Fund". The fund seeks to invest in solar energy sectors in several countries, i...
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December 05, 2019
Ireland launches Renewable Electricity Support Scheme
The Irish government has launched a Renewable Electricity Support Scheme (RESS), which will provide support to renewable electricity projects in Ireland. The RESS is an auction-based scheme to bi...
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