Ireland's Mainstream Renewable Power is to expand its existing business unit which delivers tailor-made wind and solar projects directly to large end-users.

The company's pre-existing business model has been market-led, building large portfolios of wind and solar projects in selected countries. This strategy has established Mainstream as the world's leading independent offshore developer and a market leader in South Africa and Chile, where it will continue to build its portfolios.

-- Advertisement --

In response to long-term market trends, the company has reassessed that strategy and will now focus on delivering projects around the world for large corporations. It will source, develop, build, operate and maintain and sell the assets for these large end-users.

Andy Kinsella, Mainstream's Chief Operating Officer said: "The key difference is, rather than being geographically led we are now being customer led, and we are very excited about this new approach. Delivering renewable energy projects for large end-users is not a new concept for Mainstream as we already do this, and after reviewing global trends in renewable energy we believe it is the key to our future growth."

(CD/IT)