Aug 13, 2012 - US-based solar and wind power developer Element Power has confirmed in the weekend its plans to develop a 36-MW wind farm in Ireland's Tipperary county, daily Irish Times reported today.
The source cited Element Power's chief development officer for Ireland Kevin O'Donovan as saying that the company's decision to continue the wind project, which is currently in the final planning stage, had been prompted by the decision of Ireland's energy minister Pat Rabbitte to launch a new round of green energy incentives.
The wind farm will include 15 turbines of 2.4 MW each and will supply power to the Irish national grid. O'Donovan expects the turbines to be on site in some 12 months. Element Power did not disclosed the price of the project, the daily said, adding that according to its own estimates the wind farm could require an investment of up to EUR 70 million (USD 86m).
The Irish division of Element Power intends to invest EUR 8 billion in building 40 wind farms in Ireland to export electricity to Britain, the daily added. Last month, the company announced a deal with National Grid UK to supply 3,000 MW of power a year to the British national grid.
(EUR 1 = USD 1.229)
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