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Renewable Energy

Energy

Change of direction on offshore wind farms raises investors’ fears

Energy industry experts warn that the government’s sudden policy shift will make it much harder for Ireland to meet its 2030 targets
  • Lorcan Allen
  • March 12, 2023
Energy

Ireland likely to miss 2030 renewable energy targets due to offshore wind policy U-turn

Mid-process move to centralised plan-led system leading to uncertainty among international wind energy investors
  • Lorcan Allen
  • March 12, 2023
Business Post's View

Editorial: Potential of offshore wind energy is too significant to be squandered

An appropriate policy environment is vital if we are to reap the economic benefits of this unparalleled opportunity
  • Business Post
  • March 12, 2023
Investing

Concern turns to fear for investors over delays in Solar 21’s €250m repayment

Nearly 18 months after they were due to be repaid, Irish investors have not recouped their money – and financial experts have raised worries over substantial inter-company borrowing and lending
  • Catherine Sanz
  • March 5, 2023
Sustainability

Biodiversity ‘is of key interest to investors in energy firms’

Energy companies are coming under increasing pressure to disclose their interactions with nature, according to Madeline Hodge of Denmark’s largest renewable energy provider
  • Ellie Donnelly
  • February 19, 2023
Energy

John Gibbons: Is it any wonder graduates are turning their backs on the fossil fuel industry?

In the US, the number of business school graduates choosing careers in oil or gas has fallen by over 40 per cent in the last 15 years and the pipeline of new talent is rapidly drying up
  • John Gibbons
  • February 17, 2023
Energy

London firm Cycle0 plans network of Irish biomethane plants in major investment

The company is backed by the $1.1 billion private equity fund and has big plans for the market here
  • Lorcan Allen
  • February 8, 2023
Energy

BP's Irish CEO backs away from fossil fuel reductions after €26bn profits

The company made record profits after the cost of energy soared during 2022
  • Ellie Donnelly and
  • Bloomberg
  • February 7, 2023
Companies

Isif backs US venture capital firm to boost clean tech with €18m

State’s sovereign wealth fund says cash is part of its targeted investment in climate action projects
  • Lorcan Allen
  • February 6, 2023
Energy

Bord Gáis commences work on two gas power plants as part of a €250m investment

The privately-owned energy company is set to build two gas-fired power plants in Dublin and Roscommon, which will add 200MW in power generation capacity to the national grid
  • Lorcan Allen
  • January 18, 2023
Energy

Irish solar firm Power Capital lands €240m funding through European Investment Bank deal

Eamon Ryan, the Minister for the Environment and Climate, said the deal was a “vote of confidence for Irish renewables”
  • Paul O'Donoghue
  • January 16, 2023
Company Watch

Greencoat takes 22.5 per cent stake in Butendiek windfarm

The estimated €185 million deal, which will see Germany become the energy company’s second largest market, is expected to close in first quarter of year
  • Ellie Donnelly
  • January 7, 2023
Energy

Highfield Energy to sell off two solar farms in multimillion-euro deal

Renewable energy firm plans to reinvest funds into pipeline of new projects
  • Lorcan Allen
  • December 23, 2022
Energy

AIB invests €8.5m in solar energy firm BNRG to fund new projects

AIB would have the option of converting the loan to equity if the Irish company goes to the market to raise funding
  • Peter O'Dwyer
  • December 20, 2022
Energy

New geothermal energy group set up ahead of regulatory framework for Ireland

New bill, which will effectively create and regulate a brand new energy sector in Ireland, is expected to be ready by the end of next year
  • Daniel Murray
  • December 15, 2022
Climate & Environment

New wind farm plan to transform Shannon estuary and create 50,000 jobs

It is expected that offshore wind farms in the region could meet Ireland’s entire electricity demand
  • Paul O'Donoghue
  • December 14, 2022
Energy

Bord na Móna chief: offshore wind projects ‘a natural evolution’ for semi-state

Two projects off east and south-east coast will cost €6 billion in joint venture with Spanish developer Ocean Winds
  • Lorcan Allen
  • November 26, 2022
Energy

Bord na Móna unveils plans for two multibillion-euro offshore wind projects

Move into offshore wind marks a new departure for the semi-state company, which traces its history back to harvesting peat from the bogs of Ireland to fuel a number of peat-fired power stations in the midlands
  • Lorcan Allen
  • November 23, 2022
Energy

State fund to kickstart €1bn biomethane sector

ISIF to pump €200 million into farm-based alternative to fossil gas, which supplies more than a fifth of renewable energy in other EU states
  • Lorcan Allen
  • November 12, 2022
Energy

Cork energy company E-volv to expand into Britain in 2023

Cork-based firm announced plans to create 50 jobs in Ireland over the next two years
  • Ellie Donnelly
  • November 5, 2022

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