Airtricity restarts wind development in home market

13 January 2006 - Irish renewable energy company Airtricity said this week it had raised €130m ($156m) to fund wind farm development in Ireland and overseas. It said it would recommence building wind farms in Ireland for the first time in two years. Airtricity will double its existing generation capacity through the development of sites at locations in Limerick, Cavan and Wexford.

Since ESB National Grid called for a moratorium on wind farm development in December 2003, Airtricity had concentrated on international expansion. As part of this expansion, Airtricity recently appointed Brian Wilson, former UK Energy Minister as Chairman of the company's UK operations group. The UK Operations Group will spearhead the development of Airtricity as a leading UK development company with plans to build one of the largest onshore wind farms in Europe, at Ayrshire in Scotland and a giant 500 MW offshore facility off the south east coast of England. Airtricity is also developing strongly in the United States and last month in support of that growth, acquired a Texas based company- Renewable Generation Inc.

Airtricity is planning to build four new wind farms across Ireland with a total capacity of 110 MW. The farms will be located at Richfield, Co Wexford, Tournafulla, Co Limerick, Bindoo, Co Cavan and Knockastanna, Co Limerick.

Dr Eddie O'Connor, Chief Executive, Airtricity said; "At a time when energy supply, shortages and increasing costs are dominating headlines both at home and abroad, this is a timely boost for our customer base in Ireland. For the last number of years we have stressed the importance of developing our own indigenous energy supply and today's announcement will almost double the capacity that Airtricity will be feeding into the National Grid."

"While we welcome the new support system for renewables we are disappointed that it does not include off shore projects and therefore excludes the Arklow Bank project which would have made a considerable input in enabling Ireland to meet its Kyoto target. Not withstanding that, given our expertise in development and the fact that we have secured turbines at a time of world shortage, we are also pleased to be in a position to help other local developers through Joint Ventures to build out their wind farms."

"It is more obvious now that we cannot be held hostage to fortune and rely on imported energy and fuel sources to power our expanding economy. The wind conditions here are the best in Europe and we must maximise its potential for the benefit for all. As ever, Airtricity is delighted to be the lead developer on behalf of the Irish people he concluded."


Sponsored by FLSmidth

Related Articles

American wind power rebounds in 2014, but stable policy still needed

The fourth quarter 2014 wind energy industry report released yesterday by the American Wind Energy Association(AWEA) shows that the U.S. wind industry rebounded last year.

Hawaii energy executives tell lawmakers plans for takeover

An official at NextEra Energy told Hawaii lawmakers that his company does not plan to lay off staff if it acquires Hawaiian Electric.

Follow Power Engineering on Twitter
Latest News
SunPower acquires solar power projects in California

SunPower acquires 1.5-GW of solar power projects

SunPower (Nasdaq: SPWR) acquired 1.5-GW of U.S. solar power plant developments from Australia...
EDP Renewables wind farm in Maine

Plan to build New England's largest wind farm moving forward

A Texas company is pushing forward with an effort to build a massive wind power project in Ar...
Alamo Solar power project in California

E.ON Solar completes PV project in California

E.ON Solar, a unit of E.ON SE, completed the 20-MW Alamo Solar project in California.

East Kentucky Power Cooperative

East Kentucky Power Cooperative wants to buy lease on 594-MW Bluegrass plant

East Kentucky Power Cooperative applied July 24 with the Kentucky Public Service Commission f...
American Wind Energy Association AWEA 2Q report

AWEA reports U.S. wind industry installed 1,661 MW in the second quarter

The domestic wind industry in the United States installed 1,661 MW in the second quarter of t...
Deepwater offshore wind project Associated Press

Construction begins on nation's first offshore wind farm

Construction has begun off Rhode Island's coast on the nation's first offshore wind farm.

IMP begins construction on first solar facility

American Electric Power’s (AEP) Indiana Michigan Power (IMP) will soon begin construction on ...

Canadian Solar finishes much of 100-MW Ontario power project

Canadian Solar (Nasdaq: CSIQ), said that its subsidiary, Canadian Solar Solutions Inc., subst...

Power Engineering Current Issue

01/01/2015
Volume 119, Issue 1
1501pe-cover-lg
Products Showcase
Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015

Buyers Guide Categories

Buyers Guide Company Listings

Power Industry Wire News

Itronics Reports First Half 2015 GOLD'n GRO Fertilizer Sales; Modest Revenue Decline on Increased Volume

Itronics Reports First Half 2015 GOLD'n GRO Fertilizer Sales; Modest Revenue Decline on...

Apprion Extends the Ion Mustering Application With Ion Mobile Mustering for Flexible, Portable Mustering Stations

Apprion Extends the Ion Mustering Application With Ion Mobile Mustering for Flexible, P...

Scorpio Bulkers Inc. Announces Financial Results for the Second Quarter of 2015

Scorpio Bulkers Inc. Announces Financial Results for the Second Quarter of 2015

KACO new energy to Provide Battery Converters and Energy Storage Systems Using Ideal Power's Power Conversion Systems

KACO new energy to Provide Battery Converters and Energy Storage Systems Using Ideal Po...

Advanced Insulation Materials More Than Double to $1.9 Billion in 2019

Advanced Insulation Materials More Than Double to $1.9 Billion in 2019

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>