Friday April 3, 2020

EU to fund €90m ‘wind storage’ in Co Antrim

The Gaelectric company will have to spend the money within two years

2nd April, 2017

The EU has given a €90 million grant to a new deep underground energy storage project in Co Antrim, in what is seen as a sign of its willingness to support the North while the Brexit negotiations are taking place.

The Gaelectric company, which is designing the deep underground energy storage project in Larne, will have to spend the €90 million within two years.

The project is designed to solve a key problem of the...

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