Orsted Moves Ahead With Farranrory Onshore Wind Farm in Ireland
By Dominic Chopping
Orsted said Thursday it is moving ahead with the Farranrory onshore wind farm in Tipperary, Ireland, after taking a final investment decision.
The wind farm will consist of nine wind turbines and have the capacity to generate 43.2 megawatts of green electricity, enough to power 25,000 Irish homes. The company didn't disclose financial terms.
The Danish renewable energy developer said the Farranrory project will be its 22nd wind farm on the island of Ireland and will bring the company's operational capacity across solar power and onshore wind in Ireland and Northern Ireland to over 500 megawatts.
Farranrory is expected to be fully operational by the summer of 2026, it said.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
January 18, 2024 05:05 ET (10:05 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
For Bond Investors, Delayed Rate Cuts Demand a Different Playbook
-
What’s Happening In the Markets This Week
-
How the Tokyo Stock Exchange Is Pushing for Better Shareholder Returns
-
Magnificent 7 Stocks Earnings Updates: AI Remains the Focus
-
Where We See Opportunities After an Ugly Month for Stocks
-
After Earnings, Is Alphabet Stock a Buy, a Sell, or Fairly Valued?
-
When Will the Fed Start Cutting Interest Rates?
-
What’s the Difference Between the CPI and PCE Indexes?
-
10 Questions for Berkshire Hathaway’s 2024 Annual Meeting
-
After Earnings, Is Ford Stock a Buy, a Sell, or Fairly Valued?
-
3 Dividend Stocks for May 2024
-
Amgen Earnings: Obesity Drug Update Is Highly Encouraging
-
What’s Going on With Apple, Tesla, and Alphabet?
-
Apple Earnings: A Weak 2024, but Optimism for 2025
-
4 Utility Stocks to Play the AI Data Center Boom
-
Albemarle Earnings: We Expect Improved Results In the Rest of Year Following Cyclically Low Profits