Galway to get 105MW wind farm
Irish green business Finavera Renewables has announced a series of agreements for the co-development of a 105 megawatt wind farm.
The scheme, called the Cloosh Valley Wind Project, will be constructed in County Galway, Ireland.
The potential wind power generation at the scheme is, according to Finavera Renewables, among the strongest in Europe.
The total capacity of 105MW would exceed all current onshore wind farms in Ireland and would provide enough electricity for approximately 68,000 homes.
Finavera Renewables has signed an agreement with SSE Renewables (Ireland), the Republic of Ireland renewables development division of Scottish and Southern Energy (SSE), the UK energy company which previously acquired Irish wind energy company Airtricity,
Finavera Renewables has also signed a Co-Development Agreement (CDA) with SSE and Coillte, the state owned commercial forestry and renewables company, to jointly develop the Cloosh Valley project.
Coillte is the landowner at the project site and has been a development partner on the project with Finavera since 2009.
Finavera will retain a 10% equity interest in the project and will participate in all project development functions and activities.
Finavera Renewables chief executive, Jason Bak, said: "We are delighted to be partnering with Scottish and Southern Energy and Coillte on the development of the Cloosh Valley Wind project.
"SSE brings significant development, construction, and operating experience to this project.
"The strength of the development team now behind the Cloosh Valley project illustrates the value of this project, which has some of the best available wind resources in Europe.
"We now have the right team and a clear path to construction and full operation of the Cloosh Valley project."