ESB and Bord na Móna have today announced a co-development agreement to develop solar power in four locations in Roscommon, Offaly and Kildare, which will provide renewable energy to power the equivalent of 150,000 homes.
The joint venture will access part of Bord na Móna’s land bank in strategic locations across the Midlands which is suitable for large scale solar energy projects and brings together the expertise of two leading commercial semi-state companies in renewable energy with significant projects that support Ireland’s energy transition.
Currently, in Ireland, renewable energy is predominately generated from the wind. It is Government policy to introduce more diversity in the renewable energy portfolio by promoting other technologies such as biomass, wave, tidal and solar energy.
Speaking at the launch today, Chief Executive of ESB Pat O’Doherty said, "ESB’s deep relationship with Bord na Móna in the Midlands spans decades. This new partnership – with the potential to power 150,000 homes and businesses - reinforces our confidence in solar to help Ireland meet its carbon reduction targets beyond 2020."
CEO of Bord na Móna, Mike Quinn added, "The solar industry, although in its infancy here in Ireland, has the potential to form an important part of Ireland’s future energy mix in the medium to long term. To that end, ESB and Bord na Mona believe in collaborating on, and investing in, the development of this clean and efficient energy source."
Source: www.businessworld.ie
