Ireland’s state-owned power utility Electricity Supply Board (ESB) and local wind power specialist Bord na Móna announced a plan to develop a giant PV project across four locations in Roscommon, Offaly and Kildare, in the middle of the country.
In their press release, the two companies said the plant will be able to power 150,000 homes and businesses in the area, without releasing additional information. Local media, however, reported that the installation will have a capacity of 570 MW, and that it will require a global investment of around €500 million ($545.9 million).
The Irish Minister for Communications, Climate Action, & Environment Denis Naughten welcomed the co-development agreement between ESB and Bord na Móna claiming that it will place solar technology “at the heart of the solutions needed by the Irish economy and society.”
“Wind will continue to have a major role to play in supporting the decarbonisation of our energy system, but I am acutely conscious of the need to diversify our renewable generation portfolio in order to meet our ambitious climate and energy objectives. I therefore expect other technologies, including solar, to have a growing role,” Naughten said.
This is not the first investment that ESB has made in the Irish solar sector. In October 2016, the company invested €2.5 million to acquire a majority stake in Irish company Terra Solar. “This strategic investment will see the development of multiple solar PV farms within Ireland in the future, which will result in a lower carbon footprint and contribute to increased energy production from renewable sources,” the company said at the time.
That interest in large-scale solar project is increasing in Ireland was confirmed to pv magazine by the local grid operator EirGrid, which revealed that, as of the end of February 2017, it had received approximately 1,474 megawatts of solar applications from approximately 20 developers. All of these applications were for PV projects exceeding 40 MW. “It is worth noting,” said EirGrid, “that this represents a minority of solar generation applications, the majority of which are seeking connection to the distribution system operated by ESB Networks.”
Despite this growing interest for MW-sized PV projects, Ireland has currently an installed PV capacity of around 6 MW (which is almost entirely on rooftops), according to the report Ireland’s Solar Value Chain Opportunity recently published by the Sustainable Energy Authority of Ireland.
SEAI said that the main driver for this 6 MW was Part L of the domestic building regulations, which requires a proportion of the energy consumption of a dwelling to be provided by renewable energy sources. According to the report, almost 4,000 new dwellings recorded in the country’s Building Energy Rating (BER) database have included some solar PV generation capacity.
The Irish government has certainly shown a clear commitment to renewable energy sources within the country, but has yet to finalize its renewable energy policy or the financial incentives that will be made available to renewable developments. One thing that makes the country particularly attractive for solar PV development is the growing deployment of energy storage solutions across Ireland, which should make solar technology easier to integrate.
The Irish solar landscape could grow to around 3.7 GW by 2030, said a report released in November 2015 by the Irish Solar Energy Association (ISEA).
The report concluded that the rapid cost reduction of solar seen globally since 2008 could deliver large-scale solar in Ireland at a cost of €150/MWh, and if just €670 million in investment in the sector was forthcoming between 2017 and 2030, the solar industry of Ireland could support around €2 billion of Gross Added Value.