Power Capital Renewable Energy has selected Voltalia to build, operate and maintain four photovoltaic projects located in the south-east of the Republic of Ireland with a total capacity of 230 megawatts.
The four projects are currently under construction with the smaller sites to be completed in 2023 and the larger to be completed in 2024. The electric power supplied by the photovoltaic plants will be sold through long term contracts within the tech sector. Once completed, Voltalia will operate and maintain the facilities on behalf of Power Capital for 15 years.
“We are delighted to announce this latest construction and maintenance contract in Ireland, our largest. It is our third contract on the island after building and maintaining four other projects for other clients. Our leading position will allow us to serve well Power Capital and other existing and future clients in this market”
Sébastien Clerc, CEO of Voltalia.
County Cork’s Lysaghtstown plant will become the largest solar farm in the Republic of Ireland with a capacity of 131 megawatts. The three remaining projects will be the Tullabeg plant in County Wexford with a capacity of 83.9 megawatts, the Painestown plant in County Meath with a capacity of 9.3 megawatts and the Beaulieu plant in County Louth will have a capacity of 6.6 megawatts.
As a result of the new projects, Power Capital Renewable Energy, Voltalia and their contractors will employ up to 400 people onsite. Each plant will be supported by Voltalia’s offices in Portugal, where Voltalia has established a Global Solar Hub, supporting clients around the world. The expert team from Voltalia is made up of over 200 people in the fields of photovoltaic engineering, procurement, construction, production management, maintenance and distribution.
“It is great to see the construction of this part of our portfolio of solar farms in Ireland progressing well. We look forward to working with the Voltalia team over the coming years. This portfolio of projects should make a significant contribution to Irelands energy transition and marks a milestone for both companies.”
Justin Brown-Peter Duff,Co-CEO of Power Capital.
About Voltalia
Founded in France in 2005, Voltalia generates and distributes renewable electricity using wind, biomass, hydro and solar energies. It offers project development, project financing, engineering services, procurement and construction. In addition, Voltalia can also provide operation and maintenance services such as full asset management service, asset upgrading and revamping, and multi-technology and non intrusive systems. The company has a global presence with offices in the UK, Brazil, Greece, Spain, UAE, South Africa and more.
About Power Capital Renewable Energy
Established in 2011, Power Capital Renewable Energy is a Dublin based independent producer of renewable energy. The company have grown its Irish pipeline to 5 GW and has also been growing its international presence, through the acquisition of a development platform in the United States with a 5 GW pipeline. The headquarters in Ireland have a growing team spread across engineering, finance, legal, environmental planning, and construction who are assisting in continuing to develop solar projects in Ireland and is developing grid scale battery storage sites. Power Capital is currently constructing over 230 MW of solar farms across Wexford, Cork, Meath and Louth under Corporate Power Purchase Agreements.
