ESB and Bord na Móna have announce that financial close has been reached on the €160 million Oweninny project in North County Mayo. The project will be financed with long-term debt from a consortium of banks including the European Investment Bank (EIB), who are providing 50 per cent of the funding, as well as MUFG Bank, […]
Renewables
The Carbon Trust has announced the launch of BLUE PILOT, a large-scale demonstration project aimed at reducing costs and underwater noise during construction of offshore wind farms as part of the Offshore Wind Accelerator (OWA). The BLUE PILOT project will deploy The BLUE Hammer, a new type of pile driver developed by Fistuca BV, a Dutch […]
Funded by the Department of Communications, Climate Action and Environment, the Sustainable Energy Authority of Ireland (SEAI) has announced that an initial €22 million will fund energy upgrades to 1,200 homes and 400 community and commercial buildings across 37 communities. The support underpins total investment of €52 million and means the communities will have warmer […]
NTR has announced that it has successfully closed three project debt facilities in recent weeks with AIB, Nord/LB and MUFG totaling a Euro equivalent of €66.5 million. Two of the debt facilities will be utilised to finance the construction of new wind farms, while the third is for the refinancing of a wind farm already […]
Airsynergy, one of Ireland’s leading cleantech firms, has scooped the top award for ‘Renewable Energy Technology of the Year’ at the third annual Energy Awards 2017. The awards, which took place recently at the London Hilton Hotel, recognise international excellence in the energy market and are attended by some of the most senior operators in […]
The Sustainable Energy Authority of Ireland (SEAI) has published its annual results for 2017. It shows a record €105 million government investment in energy efficiency and renewable energy, allocated through the Department of Communications, Climate Action and Environment (DCCAE). This included €70 million investment in home and community energy upgrades, 40% of which went to […]
Infram Energy, a platform established by Infracapital and Amarenco Solar to invest in greenfield renewable energy assets across France, Ireland and other European markets, has signed a long-term debt facility, arranged by The Bank of Tokyo-Mitsubishi UFJ, Ltd. (MUFG), to finance an additional solar portfolio of 16.1MW. This takes Infram Energy’s total installed capacity to […]
The national body charged with helping Ireland to transition to a low-carbon economy has welcomed a new agreement by Microsoft to become one of the first multinational technology companies to support a new wind project in Ireland. Microsoft Corp. has announced a 15-year power purchase agreement (PPA) with GE to purchase 100 percent of the […]
EirGrid has predicted that Ireland’s energy demand will rise over the next decade due to the spread of data centres across the country. This will make the government’s task of avoiding fines for missed EU renewable-energy targets much more difficult.
In its recent ‘all-island generation capacity statement’, EirGrid said the need for extra power supply would […]
Energia has started supplying energy from five new windfarms to power homes and businesses across the island of Ireland. The five new windfarms are located at Longmountain and Glenbuck in County Antrim and at Altamuskin, Eshmore and Gortfinbar in County Tyrone. The new facilities will generate a combined total of 73MWs of renewable energy. The […]
The Magazine – Construction Summit
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