Ørsted and Terra Solar to develop solar energy in Ireland

This latest partnership brings further momentum to Ørsted’s solar pipeline in Ireland, which now totals over 600 MW. Subject to grid route consent and a grid offer, the announced portfolio of projects are targeted for completion in advance of 2030, in line with the Irish government’s 8 GW Climate Action Plan solar energy target.

The renewable electricity produced by the solar farm portfolio has several potential routes to market including future RESS auctions and corporate power purchase agreements.

The Irish investment follows Ørsted’s entry into the UK solar market announced week commencing 11 September 2023 with the development of a proposed 740 MW solar farm and associated battery storage in Nottinghamshire.

“We are delighted to extend our existing collaboration with Terra Solar on the development of these projects which will contribute to Ørsted’s global goal of 17.5 GW of onshore renewables by 2030,” said TJ Hunter, Senior Director, Development and Operations in UK & Ireland at Ørsted.

“Solar energy is an essential component for enabling the Irish power system to run entirely on green energy. Ireland has seen several amber alerts on warm summer days with low wind speeds, the cost of electricity is too high due to over-reliance on fossil fuels, and the carbon intensity of Ireland’s electricity is among the highest in Europe. To solve these issues and reduce our reliance on fossil fuels, we need to grow solar energy in parallel with onshore wind, offshore wind, and energy storage,” he added.

Andre´ Fernon, Director at Terra Solar, commented: “Terra Solar is delighted to be working in partnership with Ørsted on the development of the solar projects announced. With a combined capacity of up to 400 MW, this partnership will contribute significantly to Ireland’s low-carbon future, strengthen our indigenous energy supply, and ensure competitively priced green electricity for Irish consumers.”

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Read the article online at: https://www.energyglobal.com/solar/18092023/rsted-and-terra-solar-to-develop-solar-energy-in-ireland/