In just three years, the Norwegian state-owned electricity group has become the fastest-growing green power company in Ireland. This is the story of its expansion in Ireland - what it owns, its financial strategy, and what is coming next.
The long-awaited selection of the first grid-scale solar energy projects ever eligible to state support in Ireland just one year ago opened the capital floodgates. Norwegian, British and French investors have been piling in.
Sometimes wind turbines and solar panels produce excess electricity – sometimes not enough. An Irish company is going to the market to store it underground in gas form and release it when peak demand hits.
An informal suggestion from a leading stockbroker to a minister made it into a formal disclosure: If tax-transparent investment structures were so successful to channel capital into property, why not roll them out to green energy? There is more to it than meets the eye.
From ending coal use to promoting offshore wind energy, integrating hydrogen fuel and channelling investment to the west coast, last week’s ESB announcement ticks all the boxes. It also hopefully marks a new departure from piecemeal policy.
The Government’s new micro-generation purchase scheme will be a nice bonus if you want to put solar panels on your roof, but the real revolution lies in its implications for power prices.
Eddie O’Connor sold Airtricity for €1.8 billion and could soon turn Mainstream Power into another renewables unicorn. His new business, SuperNode, is no longer about energy production – instead, it is a bet on its trans-European transportation.
Exclusive figures compiled by Greenpeace estimate the digital giant’s power demand for its expanding data hosting business in Ireland. The numbers add up, and they show AWS has a long way to go to its full renewable commitment
From a consultancy helping investors buy into renewable assets, the Cork-based company’s latest fundraise signals the execution of its plan to become a multinational power producer. We investigate Amarenco’s strategy, its shareholders and its 100+ subsidiaries.
Three years ago, a London firm specialising in environmental infrastructure deals connected a Cork solar company with UK investors in the billion-pound league. Now Amarenco is taking its advisors to court.
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