(Source: Shutterstock.com)
Ørsted has taken a final investment decision on the 43.2-megawatt (MW) Farranrory Onshore Wind Farm in Ireland, the Danish renewable energy company said Jan. 18.
Located in Tipperary, the wind farm will feature nine wind turbines. Ørsted said it expects the wind farm to be fully operational by the summer of 2026, lifting the company’s operational solar and onshore wind capacity in Ireland and Northern Ireland to more than 500 MW.
“Wind energy plays a pivotal role in the transition to renewable energy, and we’re proud to confirm that we’ll invest in our 22nd Irish wind farm,” said Kieran White, senior vice president of onshore for Ørsted’s European region.
Farranrory Onshore Wind Farm is expected to provide enough power for the equivalent of Irish 25,000 homes with renewable electricity, Ørsted said.
Recommended Reading
Aethon, Murphy Refinance Debt as Fed Slashes Interest Rates
2024-09-20 - The E&Ps expect to issue new notes toward redeeming a combined $1.6 billion of existing debt, while the debt-pricing guide—the Fed funds rate—was cut on Sept. 18 from 5.5% to 5%.
CEO: Breakwall Providing Capital as RBLs ‘Materially’ Decrease
2024-10-09 - Breakwall Capital is stepping in to bridge the gap from the historic days of reserve-based lending, Breakwall Managing Partner and co-CEO Jamie Brodsky said at Hart Energy's Energy Capital Conference in Dallas.
Utica Oil E&P Infinity Natural Resources Latest to File for IPO
2024-10-05 - Utica Shale E&P Infinity Natural Resources has not yet set a price or disclosed the number of shares it intends to offer.
Utica Oil E&P Infinity Natural Resources’ IPO Gains 7 More Bankers
2024-11-27 - Infinity Natural Resources’ IPO is expected to provide a first-look at the public market’s valuation of the Utica oil play.
Souki’s Saga: How Tellurian Escaped Ruin with ‘The Pause,’ $1.2B Exit
2024-09-11 - President Biden’s LNG pause in January suddenly made Tellurian Inc.’s LNG export permit more valuable. The company’s July sale marked the end of an eight-year saga—particularly the last 16 months, starting with when its co-founder lost his stock, ranch and yacht in a foreclosure.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.