Irish solar developer Solas Éireann announced today that it has entered into a joint venture with London-based renewable energy specialist Golden Square Energy (GSE).
Solas Éireann plans to commit over 100 million (US$114 million) to the development of solar farms across Ireland. The companys current pipeline is totaling more than 250 MW of PV.
Through the venture partnership with GSE, Solas Éireann expects to gain experience and know-how that will help it to grow into one of the largest solar developers in Ireland. Solas Éireanns resource and capacity will be boosted by GSEs team of over 35 sector specialists, who have already deployed over £150 million (US$ 217 million) in similar projects across the UK, the company says in the announcement.
The partnership will drive forward the development of the farms, as well as the creation of jobs in local communities, said Simon Maguire, the head of Solas Éireann.
Solas Éireann and GSE together have over 400MW of PV projects developed and installed across Europe.
Last year, the Irish Solar Energy Association issued a report that foresees the potential growth of the Irish solar sector to around 3.7 GW by 2030.