Irish renewable energy group Gaelectric and internationally recognized French floating offshore wind leader, Ideol, have signed a Memorandum of Understanding to develop floating offshore wind energy projects in Irish waters using Ideol’s patented ‘Damping Pool®’ technology. Gaelectric and Ideol are investigating several sites in Irish waters for both short term pre-commercial and long term commercial-scale projects, with an initial objective to develop a 30MW+ turbine array project, followed by a multi-GW commercial-scale extension on both Irish coasts.
Gaelectric Holdings plc and CGN Europe Energy S.A.S. announce agreement on the sale of 230MW of wind energy assets
Gaelectric Holdings plc (or ‘Gaelectric’), the Irish renewable energy and energy storage group, and the Paris-based CGN Europe Energy S.A.S. (or ‘CGNEE’, the renewable energy investment arm of China General Nuclear Power Group, or ‘CGN Group’ - an international clean energy group), announce their agreement on the sale by Gaelectric of 230MW of wind energy assets on the island of Ireland to CGNEE.
Wind farm represents a total investment of approx. £13.4million (c. €15.5million)and will generate sufficient renewable power to meet the electricity demand of over 5000 homes annually Thursday, 17 November 2016 -Renewable energy and energy storage group, Gaelectric, officially opened its £13.4million wind farm today at Cloonty in Co. Antrim. The 9.2MW wind farm is located between Derrykeighan and [...]
Pictured above: Daire Friel, Gaelectric Solar Energy; Aisling Walsh, Butlers Chocolates Marketing Director and Joe O’Carroll, Managing Director of Gaelectric Solar Energy Dublin, Tuesday, 15th November, 2016 – Butlers Chocolates and Gaelectric announce the largest solar energy installation in the Republic of Ireland at the Butlers Chocolates headquarters in Clonshaugh Business Park, Dublin 17. The [...]
Gaelectric has announced the appointment of Barry Gavin as Chief Executive Officer with effect from 1st October.
Gaelectric Trading and Market Services announces power purchase agreement for Crockbaravally Wind Farm, Co. Tyrone
Gaelectric Trading and Market Services Ltd. (or ‘GTAMS’), the Dublin-based energy trading and market services group, is delighted to announce that it has provided a long term Power Purchase Agreement (or ‘PPA’) with Crockbaravally windfarm, a 7.5MW wind farm under construction in Co. Tyrone in Northern Ireland.
Gaelectric, the Dublin-headquartered renewable energy and energy storage group, announces that it has concluded agreements on a total €38 million financing package for the construction of two wind farms in county Kilkenny.
The Connecting Europe Facility (‘CEF’) of the European Union has awarded an additional €8.28 million to ‘Project CAES Larne, NI’ - a 330 MW energy storage project using compressed air energy storage technology (‘CAES’) which is being developed by Gaelectric on the Islandmagee peninsula near the port town of Larne in Northern Ireland.
Gaelectric Trading and Market Services (GTAMS) have been following the DS3 programme since it was launched in 2011. The aim of DS3 is to ensure that 2020 renewable targets can be achieved whilst maintaining a secure electricity system.
Renewable energy and energy storage group, Gaelectric, announces that it has reached financial close on a portfolio of five wind farms in Northern Ireland.