It was announced yesterday that Lightsource Renewable Energy will be making an investment of "significant resource and expertise" into Ireland for the development of solar power installations.
 
Lightsource’s CEO, Nick Boyle said, "We are excited by the opportunity for solar power in Ireland. Lightsource is committing significant financial investment and resource towards realising this opportunity.

"Any risks associated with the development of these solar projects, including installation costs, will be borne by Lightsource. This commitment will not only add to sustainable electricity generation in Ireland, it will also strengthen the local economy and supply chain.”

"Our ground-mounted solar projects will provide much-needed land diversification for farming enterprises, and our rooftop systems will enable schools, businesses and community buildings to reduce overhead costs. It really is a win-win for local communities." 
 
He added, "We have always been focused on building long-term relationships as we are the lifetime operator of all our projects. With an office in Dublin and locally employed staff, we will provide investment, expertise and support to businesses and local communities looking to reap the rewards of solar power."
 
The Irish Independent reports that this investment could be worth as much as seven hundred million euros.

Source: www.businessworld.ie