Ireland - The 65 MW project will be located in Cork and is expected to be operational in 2025.
Ørsted has announced that they have completed the acquisition of the Ballinrea solar PV project in Ireland. The 65 MW solar project will be located in Cork, the second-largest city in Ireland, and will become Ørsted’s first solar project in the country. Ballinrea Solar Farm is expected to generate enough green energy to power up to 16,000 Irish homes – equivalent to almost every new home to be built in Cork City between now and 2028.
Kieran White, Vice President of Europe Onshore in Ørsted, says: “The transaction marks a significant milestone as it’s the first Irish solar project acquisition for the company. This project will make a meaningful contribution to Ireland’s national energy target of 80% renewable electricity by 2030 and to the Irish government’s new 5.5 GW solar target.“
According to Ørsted, they have approx. 5 GW of capacity in operation and under construction across onshore wind, solar, and storage, 1.3 GW of which is solar. The company is on track to reach a total of 17.5 GW onshore capacity globally by 2030.
Source: Ørsted