Solar Share Ireland Launches First Grid-Connected Solar Farm in Wexford
The renewable energy solar share ireland saw significant growth in 2022 driven by increasing popularity of electric vehicles, soaring electricity prices and a desire to reduce dependence on the grid. One of the most significant developments was the launch of Ireland’s first grid-connected solar farm in Wexford which will energise 6,600 homes. Other major active solar projects include Dunderrow Solar PV Park, Dale Farm Solar PV Park, Ballymagee Primary School Solar Park and St Comhgall’s College Solar Park.
Solar share ireland enables Irish homeowners to generate and harness their own electricity using solar panels and energy storage batteries. This significantly reduces the amount of electricity they pull from the grid and can save them up to 80% of their electricity bills. It also helps them avoid the carbon tax and other energy charges and delivers a ten per cent return for their investment.
Harnessing the Emerald Sun: The Rise of Solar Share Initiatives in Ireland
In addition to delivering the benefits of solar, SolarShare can help Irish homeowners take advantage of the Sustainable Energy Authority of Ireland (SEAI) grant programme, which supports up to a maximum of EUR1500 towards the cost of a residential solar system. The company is also working with credit institutions to increase the range of green finance options available to Irish homeowners.
Based in Nova UCD, Power Capital Renewable Energy (“PCRE”) is a specialist developer of large-scale solar power plants in the Republic of Ireland. PCRE’s current portfolio is in excess of 400MW with the development pipeline comprising ground-mount and rooftop projects. The company is backed by Omnes, a leading private equity and infrastructure investor with over EUR5 billion under management across three key areas: venture capital, growth & buyout and infrastructure.