Energia sparks up €3bn renewable energy investment

Irish energy company Energia is to create 200 new permanent jobs and between 3,000 to 5,000 construction jobs as part of a €3bn investment focused around renewable energy.

The 200 roles will be spread across customer solutions and renewable technology.

Energia, which already employs 800 people, said that investment is in line with the Government’s commitment to increase the amount of electricity generated from renewable sources from 30pc now to 70pc by 2030.

“This investment by Energia will boost Ireland’s capacity with over €3bn being invested in onshore and offshore wind, solar, hydrogen fuel generation and bio-energy facilities”

“This is a proud day for Energia Group and an important milestone as we celebrate twenty years serving in the deregulated energy markets across the island of Ireland,” said Energia Group CEO Ian Thom.

“To date we have invested over €1bn in the Irish energy market, driving developments to meet the needs of a high-performance economy and society, north and south.

“Our decision to invest over €3bn in renewable technology and energy infrastructure in the coming years is a clear signal of our intent to build on our continuous commitment to Irish communities, the economy and the sustainability of Ireland’s energy supply while contributing decisively to decarbonisation and the protection of our domestic and global environment.”

Decarbonising Ireland’s electricity supply

Energia was established in 1999 and has offices in Dublin, Galway, Cork and Belfast. The company supplies 25pc of the island of Ireland’s total energy and 21pc of total wind power that supports 750,000 homes and businesses. It also operates as Power NI in Northern Ireland.

“We are committing to generating 70pc of our electricity from renewable sources by 2030 under the Climate Action Plan,” said Richard Bruton, TD, Minister for Communications, Climate Action and Environment Richard Bruton

“Decarbonising our electricity supply is crucial to all the changes we are making as we make the transition away from fossil fuels. The move to electric vehicles for example, will only be effective if the electricity being used has been generated from renewable sources.

“This investment by Energia, will boost Ireland’s capacity, with over €3bn being invested in onshore and offshore wind, solar, hydrogen fuel generation and bio-energy facilities,” Minister Bruton added.

Written by John Kennedy

Published: 1 July, 2019