Solar energy firms ramping up investment to €750m

Irish Times | May 4, 2021 at 8:00 AM
  • Danish energy player Obton and its local partner, Shannon Energy, intend boosting their investment in Irish solar projects to €750 million from an original €300 million, they will confirm on Tuesday.
  • News of Obton’s and Shannon’s planned investment follows confirmation that French giant EDF intends to build its first three solar power plants in counties Kilkenny and Wexford.
  • Obton chief executive Anders Marcussaid the company’s deal with Shannon Energy had facilitated its investment in the Republic.