Bord na Móna Confirms Investment In New Wind-Energy Projects
Published on Jul 18 2017 10:44 AM
Bord na Móna has confirmed that it is set to invest more than €500,000 for recently-announced solar energy plans.
The renewable energy-focused semi-state utility unveiled, in April, a joint-venture plan with the ESB to develop four solar energy farms in Roscommon, Offaly and Kildare - to be operational by 2019 — to power 150,000 homes from 1% of the company’s landbank, reported Irishexaminer.ie
“The development of new wind-energy projects will continue on a strong expansionary track in the coming years. This will build on the success we have had this year following the commissioning of the Sliabh Bawn project with Coillte and the securing of new planning permissions for Cloncreen and Oweninny windfarms,” said Mike Quinn, chief executive, Bord na Móna.
Ongoing funding will also be pumped into the semi-state commercial companys rapidly growing wind energy business with 'construction pending on new projects in counties Mayo and Longford and a planning application being readied for a wind farm in co Offaly'.
The announcement is a part of a recently unveiled investment programme which will see the semi-state commercial company invest €1.2 billion on expanding its services over the next 13 years, with the expenditure reportedly going towards strengthening its wind and solar energy, biomass and fuels interests.
© 2017 - Checkout Magazine by Donna Ahern