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Ørsted awarded contracts for 124 MW of wind and solar in Irish auction

admin by admin
September 28, 2023
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Ørsted awarded contracts for 124 MW of wind and solar in Irish auction
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Danish renewables company Ørsted A/S (CPH:ORSTED) has won contracts for a 81-MW solar farm and a 43.2-MW wind farm in the Irish government’s third onshore Renewable Electricity Support Scheme (RESS 3) auction.

Provisional results of the auction were announced on Tuesday, with contracts awarded to 24 onshore wind and solar projects totalling 646 MW at an average strike price of EUR 100.47 (USD 106.55) per MWh. Ørsted’s two projects are Garreenleen solar farm in Carlow Farranrory onshore wind farm in Tipperary. They are expected to be delivered before 2030 within the RESS 3 timelines.

“With a combined output of 124 MW, these projects will assist in driving down the cost of electricity compared to fossil fuel generation and contribute to Ireland’s overall energy independence while meeting our value creation targets,” commented Kieran White, senior vice president of Onshore in Region Europe at Ørsted.

Currently, Ørsted operates 378 MW of onshore wind throughout the island of Ireland. It recently teamed up with ESB to develop an Irish offshore wind portfolio and also unveiled a partnership with Terra Solar to develop 400 MW of solar.

(EUR 1 = USD 1.061)

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