Ørsted buys its first solar project in Ireland

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Ørsted said today's deal for the Ballinrea solar project is a strategic first step in its commitment to multi-technology deployment in Ireland across a variety of renewable energy sources.

The Ballinrea solar project, located between Carrigaline and Cork City, will power up to 16,000 homes.

With construction due to begin in 2024, Ballinrea is expected to be operational by 2025 and will add a further 65MW of solar to Ørsted's global goal of 17.5GW of onshore renewables by 2030.The company said today's deal is a strategic first step in its commitment to multi-technology deployment in Ireland across a variety of renewable energy sources.

Mr White said the Ballinrea Solar Farm will make a meaningful contribution to Ireland's national energy target of 80% renewables by 2030 as well as to the Government's new 5.5GW solar target. "It will also enhance the climate neutrality of the region by generating power for 16,000 homes, which is also the number of new homes planned to be built in the city between now and 2028," he added.

 

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