Irish developer secures financing to build 1.2 GW of solar
Power Capital Renewable Energy (PCRE) has secured €240 million ($259.5 million) to build 1.2 GW of solar projects across Ireland. Commercial operations are expected to start in 2025.
Ireland mulling mandatory renewables quota for heat sector by 2024
The Irish government wants to introduce an unspecified renewable energy quota for the heating sector by 2024. The Sustainable Energy Authority of Ireland (SEAI) recently predicted that heat pumps could cover 20% of the country’s heating demand in 2030.
Timing is everything
For investment portfolios and for the entire renewables sector, diversity matters. A new independent study shows that by complementing Ireland’s onshore wind sector with greater volumes of large-scale solar, emissions are lower, curtailment decreases, and society potentially gains economically, to the tune of €21 per citizen. Conall Bolger, CEO of the Irish Solar Energy Association, reports on the power of daytime production.
