ESB is collaborating with internationally respected developers such as Parkwind and Equinor to develop large scale projects in Ireland and the UK. To date, ESB has acquired a shareholding in the 353MW Galloper Wind Farm in Suffolk, partnered with Parkwind to develop the Oriel and Clogherhead projects off the Irish coast and invested in the Neart na Gaoithe project in Scotland with EDF Renewables.
ESB has an onshore wind asset portfolio which has the capacity to supply nearly 720MW of green energy to the homes, farms, hospitals, schools, and businesses throughout Ireland and the United Kingdom. This year, an additional 62MW will be added as Grousemount Wind Farm comes into full commission.
Strategic partnerships to deliver renewable projects
We have formally reached an agreement with Coillte on a renewable energy joint venture. Pending approvals, this joint venture aims to deliver 1,000 MW of renewable energy by 2030.
We also have a co-development agreement with Bord na Mona to develop solar power in four locations in Roscommon, Offaly and Kildare, which will provide renewable energy to power the equivalent of 150,000 homes.
Transitioning our generation portfolio to low-carbon
As part of our commitment to transitioning our generation portfolio to renewables, we are closing our two peat stations at Lough Ree and West Offaly Power in December 2020 and will not burn coal after 2025 at our Moneypoint Power Station.