Solar energy giant to make a ‘significant’ investment in Ireland

Lightsource Renewable Energy has announced it is to launch a “significant” investment in Ireland. The UK-based firm aims to work with farmers and property owners such as factories and outlets […]

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By Jacqueline Echevarria

Lightsource Renewable Energy has announced it is to launch a “significant” investment in Ireland.

The UK-based firm aims to work with farmers and property owners such as factories and outlets to boost sustainable electricity in the country.

It expects to install a generating capacity of 1.5GW by 2020 – enough electricity to power more than 495,000 homes.

The company hopes its project will meet more than 5% of Ireland’s electricity demand.

Nick Boyle, Lightsource’s CEO said: “Our ground-mounted solar projects will provide much-needed land diversification for farming enterprises, and our rooftop systems will enable schools, businesses and community buildings to reduce overhead costs. It really is a win-win for local communities.”