Statkraft picks up 275MWdc Irish solar portfolio from Lightsource BP

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
Image: Lightsource BP.

Statkraft Ireland has picked up a 275MWdc portfolio of late-stage development solar projects in Ireland from Lightsource BP.

The projects, all of which boast full planning permission and grid connection agreements, are located in Meath, Laois, Tipperary and Cork counties of Ireland.

One of the projects, the 78MWp/52MW Blundelstown array, was successful in Ireland’s recent Renewable Electricity Support Scheme auction. Statkraft was among the major winners of the tender, bagging contracts for 276MW of utility-scale solar.

Lightsource BP said the presence of planning permission and grid connections would allow Statkraft to land a route to market and financing, paving the way for construction to begin on the portfolio.

Statkraft Ireland managing director, Kevin O’Donovan, said: “We are very pleased to be adding to our rapidly-expanding portfolio with this suite of projects which dovetail perfectly with our ongoing efforts to reduce our dependence on fossil fuels. Lightsource bp has an established track record and as such, the high quality of each development rendered this bundle of solar farms, an extremely attractive proposition for us”.

Lightsource BP CEO for Europe and international, Kareen Boutonnat, praised the company for developing and investing across Ireland since 2015.

“Completing this transaction with Statkraft Ireland proves the capability of our team in developing high quality, competitively priced projects, and we are also very pleased with the successful win in the RESS-1 auction”.

Read Next

March 31, 2021
Renewables investor Cubico Sustainable Investments has completed its acquisition of a European 272MW solar power platform called Grupo T-Solar from I Squared Capital.
March 30, 2021
Local authorities in New South Wales, Australia, have given French independent power producer Neoen the green light to develop a large scale solar-plus-storage production facility in the region despite receiving 50 complaints from members of the public.
March 24, 2021
Activity in the UK’s utility-scale solar market has continued to ramp after renewables majors Statkraft, EDF and Lightsource bp all unveiled new projects.
March 23, 2021
Lightsource bp has been selected to build, own and operate seven solar arrays in Pennsylvania that will provide nearly half of the state government’s electricity.
March 15, 2021
US utility Florida Power & Light (FPL) has filed a four-year rate plan that could see 894MW of solar PV systems added to the grid.
March 15, 2021
E-commerce giant Amazon is to invest in the development of a 62MW ground-mounted solar network in Singapore.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
April 20, 2021
Upcoming Webinars
April 28, 2021
4:00 - 4:30 PM CET
Solar Media Events
May 11, 2021