Ørsted Europe Onshore vice-president Kieran White. Ørsted has today announced the acquisition of its first Irish solar project. Photograph: ØrstedDanish renewable energy multinational Ørsted has acquired a Co Cork solar farm in an agreement with renewable energy developer Terra Solar.
The project is scheduled 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.“For Ireland to ensure energy resilience and deliver its 2030 energy targets, it is essential that multiple technologies are delivered in tandem, from solar and onshore wind to offshore wind and storage,” said Kieran White, vice-president, Ørsted Europe Onshore.
“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.”
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Ørsted buys its first solar project in IrelandØrsted 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.
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