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.
The pieces of the puzzle are coming together to take fossil fuels out of Ireland’s power grid. Like it or not, current policy is not to give ordinary citizens and rural businesses a significant stake in this industry. It would be better to say so upfront.
For the first time in five years, new renewable electricity generation sites have been selected to receive government support, unlocking a new wave of pent-up investment, construction and corporate deals in the sector.
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