ORSTED ACQUIRES IRISH SOLAR PROJECT FROM TERRA SOLAR
Ørsted has acquired the Irish solar project Garrenleen from renewable energy developer Terra Solar. The 160 MW solar farm is the company’s second solar project in Ireland and will be able to power up to 56,000 homes annually, making it one of the largest solar farms in the country.
Subject to Ørsted’s final investment decision, phase 1 (81 MW) will be delivered in 2025, with phase 2 (79 MW) expected to be completed in 2026. Located 15 km outside the town of Carlow in the south-east of Ireland, the project will contribute to Ørsted’s global goal of reaching 17.5 GW of onshore capacity by 2030. Ranked as one of the world’s most sustainable energy companies, Ørsted employs 100 people in its Irish headquarters in Cork City.
The acquisition of Garreenleen brings further momentum to Ørsted’s investments in renewables in Ireland and follows the announcement of Ørsted’s first solar farm in Ireland at Ballinrea near Carrigaline in Cork. Due to be operational in 2025, Ballinrea Solar Farm will power up to 16,000 homes. Ørsted already operates 360 MW of onshore wind in Ireland, producing enough green electricity to power 230,000 homes.