Ørsted Secures Solar and Wind Renewable Energy Contracts under Irish RESS 3 Auction

Source: www.gulfoilandgas.com 9/27/2023, Location: Europe

Ørsted has secured two contracts in the Irish Government’s third onshore Renewable Electricity Support Scheme (RESS 3) auction. The approved Ørsted projects were the 81 MW Garreenleen Solar Farm in Carlow, and the 43.2 MW Farranrory Onshore Wind Farm in Tipperary.

Commenting on the provisional results of the RESS 3 auction, Kieran?White, Senior Vice President of Onshore in Region Europe at Ørsted, said: “With a combined output of 124 MW, these projects will assist in driving down the cost of electricity compared to fossil fuel generation and contribute to Ireland’s overall energy independence while meeting our value creation targets. We expect to deliver the projects before 2030 within the RESS 3 timelines.”

A total of 24 onshore wind and solar projects, including Ørsted’s two projects, cleared in the RESS 3 auction at an average strike price of EUR 100.47 per MWh.

Ørsted’s Irish headquarters are based in Cork City, where it employs over 100 people. Ørsted currently operates 378 MW of onshore wind across the island of Ireland, producing enough power for over 230,000 homes. Ørsted recently announced a partnership with ESB to jointly develop an Irish offshore wind portfolio and a partnership with Terra Solar to develop 400MW of solar energy.

Ranked as one of the world’s most sustainable energy companies, Ørsted has over 5.7 GW of onshore renewables in operation, under construction or consented across the United States and Europe.


Italy >>  12/11/2024 - Enfinity Global Inc., a leader in renewable energy, has closed €165 million in financing aimed at building a portfolio of three utility-scale solar po...
Poland >>  12/11/2024 - OX2 has secured financing by the energy transition bank NORD/LB for the solar farm Rutki in Poland. The closing marks a first step in the transition t...

United States >>  12/11/2024 - The Awareness Group (OTC Pink: FHLD) (TAG) (trading as Freedom Holdings), an emerging national leader in solar energy services and financing solutions...
Canada >>  12/10/2024 - Healthy Infrastructure is excited to unveil eSun Solar Noise Barriers, custom-designed for highway noise walls. These advanced barriers are compatible...

Jamaica >>  12/10/2024 - The Hamburg-based wind and solar park operator Encavis AG has acquired two ready-to-build solar projects in Cobu and Massarenti (south of Ferrara in t...
Spain >>  12/10/2024 - Recurrent Energy, a subsidiary of Canadian Solar Inc. ("Canadian Solar") (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energ...




Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.