Irish Solar Farms Development
Sector: Solar • Location: Ireland
Source: Transformers Magazine
The European Investment Bank (EIB) is supporting the development of four large-scale solar projects in Ireland with a $115 million project finance loan to Dolmen Solar Ltd, part of Power Capital Renewable Energy. The wider $300 million investment will deliver a combined capacity of 395 MWp, increasing renewable electricity generation, strengthening energy security, and contributing to Ireland's an
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Status
Original status | planned |
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Description
Description | The European Investment Bank (EIB) is supporting the development of four large-scale solar projects in Ireland with a $115 million project finance loan to Dolmen Solar Ltd, part of Power Capital Renewable Energy. The wider $300 million investment will deliver a combined capacity of 395 MWp, increasing renewable electricity generation, strengthening energy security, and contributing to Ireland's and the EU's 2030 climate targets. The solar farms are located in Clare, Tipperary, Wicklow, and Wexford, expected to produce around 367 GWh of electricity annually, enough to supply nearly 80,000 homes, while cutting approximately 114,000 tons of CO2 emissions annually. Construction is set to begin in the coming months, with completion expected between 2027 and 2028. |
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Original Currency | USD |
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Source
Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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