Power Capital Ireland Solar PV Park is a 400MW solar PV power project. It is planned in Cork, Ireland. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2023.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 400 | – | 400 | Permitting | Cork, Ireland | Power Capital Renewable Energy; Terra Solar |
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Description
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The project is being developed by Power Capital Renewable Energy and Terra Solar. These companies also have ownership stakes in the project.
Power Capital Ireland Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $738.316m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.
About Power Capital Renewable Energy
Power Capital Renewable Energy (Power Capital) is a solar energy development company. Power Capital provides buy and sell sides of transactions for solar farms. Power Capital operates in Germany, UK. The company headquartered in Dublin, Ireland.
About Terra Solar
Terra Solar Ltd (Terra Solar) is engaged in the development, construction and operation of solar farms. The company partners with commercial enterprises and private landowners to identify suitable sites for solar development and to bring those sites from planning and grid approval stage through to fully operational solar farms. Terra Solar is headquartered in Dublin, Ireland.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
