Norway’s state-owned power giant Statkraft has entered Ireland’s nascent solar market with the acquisition of a 320MW portfolio of utility-scale assets. The portfolio, acquired from developer JBM Solar, consists of nine utility-scale solar arrays which Statkraft described as being at “an advanced stage of development”. Several of the projects have also been earmarked to participate in Ireland’s forthcoming Renewable Electricity Support Scheme auctions. The 320MW of solar will build on Statkraft’s already sizeable renewables position in Ireland. The power company has around 1.25GW of onshore wind and 500MW of offshore wind in the country, however Statkraft Ireland managing director Kevin O’Donovan said the country would need a diverse portfolio of assets to meet its climate targets.
Solar Power Portal 28th Oct 2019 read more »