Irish energy firm ESB has invested €2.5 million in Terra Solar.

Terra Solar and ESB have the potential to deliver over 260 megawatts of electricity generation capacity from solar energy, which would power over 50,000 homes every year.

Manager of Solar and Storage for ESB Generation and Wholesale markets, Cara Slevin, said: "We are at an inflection point for solar renewable energy generation in Ireland which is a strategic growth area for ESB as we reduce the carbon intensity of our generation portfolio. Terra Solar is one of the most advanced solar development companies in Ireland. This strategic investment will see the development of multiple solar PV farms within Ireland in the future which will result in a lower carbon footprint and contribute to increased energy production from renewable resources. And a decarbonising electricity system can also help take oil out of the wider economy, particularly through electrification of the heat and transport sectors."

-- Advertisement --

(CD/LM)