Energia acquires 2 solar farms in Meath

All-island energy provider Energia has acquired two solar projects at Glenamoy and Darthogue in Meath from Solar Farmers Ltd.

Energia Group will develop the two projects that will produce enough electricity to power 9,000 homes, with the intent to further expand the plants to a scale that could service 58,000 homes in the future.

The two solar projects have planning permission for the construction of solar infrastructure that will generate up to 32MW of exported power with the potential for future expansion to 220MW.

“We have invested in these projects as they are in-line with our strategic objectives as a green energy provider”

The investment is the first solar acquisition under Energia’s five year €3bn ‘Positive Energy’ renewable energy investment programme which was announced earlier this year.

Large-scale solar energy generation

“This is a very important agreement for Energia as it marks our first large-scale solar generation project,” said Garrett Donnellan, head of Corporate Development at Energia Group.

“Earlier this year we announced our ‘Positive Energy’ investment strategy and commitment to help Ireland meeting its climate change and carbon reduction objectives. This announcement is part of that programme and an illustration of our intent. We have invested in these projects as they are in-line with our strategic objectives as a green energy provider and they offer the potential for future growth that will deliver for our customers, the communities we serve and broader corporate commitments.”

Energia Group’s ‘Positive Energy’ investment programme will be implemented across a range of major renewable energy projects including onshore and offshore wind farms, solar power, hydrogen fuel generation, bio-energy facilities and the smart grid.

The programme is in line with the Government of Ireland’s commitment to increase the amount of electricity generated from renewable sources from 30pc now, to 70pc by 2030. Energia Group anticipates that this new investment will add up to 1.5 Gigawatts (1,500 Megawatts) of renewable generation to the grid over the five-year programme.

It is envisaged that will contribute to further sustainability in Ireland’s energy supply and to the achievement of Ireland’s climate change reduction targets.

Pictured (above): Andrew Wilkinson of Solar Farmers with Garrett Donnellan of Energia. Image: Julien Behal

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Written by John Kennedy (john.kennedy3@boi.com)

Published: 9 December, 2019