par NEOEN SA (EPA:NEOEN)
Neoen wins 170 MWp of solar projects in the Republic of Ireland’s RESS 4 auction
Paris and Dublin, 10 September 2024
Neoen wins 170 MWp of solar projects in the
Republic of Ireland’s RESS 4 auction
• Neoen was successful in the provisional results of Ireland’s RESS 4 auction with two projects for an expected total capacity of 170 MWp
• The two awarded projects are Johnstown North Solar (29 MWp, in County Wicklow) and Garr Solar (141 MWp, in County Offaly)
• The two solar farms are scheduled to be operational in 2027 and 2028 respectively
• This new success significantly strengthens Neoen's Irish portfolio, which already includes 53 MW of wind farms and 58 MWp of solar plants in operation
• This is the 3rd time that Neoen has been awarded projects in the RESS tenders in the Republic of Ireland
Neoen (ISIN code: FR0011675362, mnemonic: NEOEN), one of the world's leading independent producers of exclusively renewable energy, announces its success in the results of the auction for Ireland’s fourth government tender RESS 4 with a total capacity of approximately 170 MWp: Johnstown North Solar in County Wicklow (29 MWp) and Garr Solar in County Offaly (141 MWp). The provisional results of the tender were published on 9 September 2024, with the final results set to be confirmed later in September.
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The two plants are scheduled to be commissioned in 2027 and 2028 respectively. Neoen is committing to implement a Community Benefit Fund supporting a program supporting local initiatives. In addition, these two power plants plan to host flocks of sheep on their sites to maintain the vegetation throughout the period of operation, allowing energy and agricultural activities to coexist.
These two new projects significantly strengthen Neoen's Irish portfolio, which already includes three solar farms totalling 58 MWp, eight wind farms under operation with a total capacity of 53 MW and 80 MWp awarded in the RESS 2 tender.
Cyril Perrin, Managing Director of Neoen Ireland, commented: « We are delighted with this latest success and I would like to thank all those who have worked with us on these projects. We are proud to be contributing to Ireland's 2030 energy transition targets, while at the same time while contributing to the vitality of agricultural areas. Building on these successes, we are actively pursuing the development of our other wind, solar and storage projects - three key technologies for balancing the electricity grid and decarbonising Ireland's energy mix. »
Contact International media Irish media
Neoen OPRG Financial FleishmanHillard
communication@neoen.com Fabrice Baron Paul Bradley +33 1 53 32 61 27 +353 851744281
fabrice.baron@omnicomprgroup.com paul.bradley@fleishmaneurope.com
Xavier Barbaro, Neoen’s Chairman and Chief Executive Officer, added: « This is the 3rd time that Neoen has been awarded projects in the RESS tenders in the Republic of Ireland, and I would like to congratulate our Irish team on this new success. We have built over the last few years a portfolio of high-quality projects in the country, which will help to meet its growing need for low-carbon energy. In Ireland, as in the rest of the world, we are proud to be accelerating the energy transition. »
About Neoen
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Founded in 2008, Neoen is one of the world’s leading independent producers of exclusively renewable energy. With expertise in solar power, wind power and storage, the company plays an active role in the energy transition by producing competitive, green, local energy on four continents. After a six-fold increase in the last six years, its capacity in operation and under construction stands at over 8.4 GW.
Neoen’s flagship operations are France’s most powerful solar farm (375 MWp) in Cestas, Finland’s largest wind farm (404 MW) in Mutkalampi, one of the world’s most competitive solar plants in Mexico (El Llano, 375 MWp) and two of the world’s most powerful large-scale storage plants, both in Australia: Hornsdale Power Reserve (150 MW/193.5 MWh storage capacity) and the Victorian Big Battery (300 MW/450 MWh).
A high-growth company, Neoen is targeting 10 GW in operation or under construction by the end of 2025. Neoen is listed in Compartment A of Euronext’s regulated market in Paris (ISIN code: FR0011675362, Ticker: NEOEN) on the SBF 120, CAC Mid 60 and S&P 600 indices.
For more information: www.neoen.com
Contact Neoen communication@neoen.com | International media OPRG Financial Fabrice Baron +33 1 53 32 61 27 fabrice.baron@omnicomprgroup.com | Irish media FleishmanHillard
Paul Bradley +353 851744281 paul.bradley@fleishmaneurope.com |