Neoen and BNRG win 55MWp of solar projects in the Republic of Ireland
Neoen (ISIN: FR0011675362, Ticker: NEOEN), one of the world's leading and
fastest-growing producers of exclusively renewable energy, has won 55 MWp in
the Republic of Ireland's first governmental tender for solar farms.
Neoen and partner BNRG, a Dublin based solar company, have been declared
provisionally successful in their bid, winning over 55 MWp. The formal results
are due to be announced in September. The capacity will be spread across three
projects in the townlands of Hilltown, Millvale and Hortland. The plants are
scheduled to be commissioned by the second half of 2021.
This successful bid a year after the purchase of 54.3 MW of wind farms
underpins Neoen's ambitions for the Irish market.
Mathieu Legouix, Neoen's Ireland country director said: "We are pleased to be
among the winners of this first solar tender in Ireland. Such success
demonstrates once again our ability to win bids with high local involvement.
The prospect of regular tenders between now and 2025 is a great motivator to
invest in the Irish market."
Xavier Barbaro, Neoen's Chairman and Chief Executive Officer added: "This
success confirms our position in the solar market and our ability to combine
reliable technology with competitive pricing. Ireland has great potential for
development in renewables and we are proud to contribute via solar and wind
Neoen is one of the world's leading and fastest growing independent producers
of exclusively renewable energy. With a capacity of more than 3 GW in operation
or under construction, Neoen is a high-growth company. Neoen is notably active
in Argentina, Australia, El Salvador, Finland, France, Ireland, Jamaica,
Mexico, Mozambique, Portugal and Zambia. In particular, Neoen operates France's
most powerful solar PV farm (300 MWp) in Cestas, and the world's largest
lithium-ion power reserve (150 MW/193.5 MWh storage capacity) in Hornsdale,
Australia. Neoen is targeting at least 5 GW capacity in operation or under
construction by end of 2021. Neoen (ISIN Code: FR0011675362, ticker: NEOEN) is
listed in Compartment A of the regulated market of Euronext Paris.
For more information: www.neoen.com
Headquartered in Dublin with operations in the US, the United Kingdom, Europe
and Australia, BNRG is a pioneering developer and operator of solar projects
led by a team of individuals united by a passion to change the world through
solar technology and investment. Since 2007 we've worked alongside our
development, technology and investment partners to finance, build, manage and
own solar farms that today produce more than 150,000 MWh of clean electricity,
with more than 1.5 GW of active projects in the development pipeline. It's not
just our early market position in solar that's fueled our success, it's also
our flexible approach: we respond in real-time to market and industry changes,
and we focus on building lasting and trusted relationships. Our partnerships
are what help us deliver on our promises, including minimal disruption for
communities and stable returns for our investors.