Power Capital Energises Creevy 6.46-MWp Solar Plant
May 1, 2026 04:57 PM ET
- Power Capital Renewable energises Creevy 6.46MWp solar in Roscommon, exporting first power after transformer testing. Sixth project online as more solar and battery builds ramp up, backed by EIB funding.
Irish independent power producer Power Capital Renewable Energy has energised its 6.46-MWp Creevy solar farm and associated substation in County Roscommon. The plant exported first power on Monday after transformer soak testing, the company said in a LinkedIn post.
Creevy was built on a 34-acre site and is the firm’s sixth solar facility to be energised. Power Capital said it has additional solar and battery storage projects under construction and development across Ireland. The company recently secured a €100 million loan from the European Investment Bank to develop four solar farms totaling 395 MWp under the Dolmen Solar project.
What does Power Capital’s energised Creevy solar and substation mean for its Irish pipeline?
- Demonstrates project execution capability on the ground, turning contracted/consented capacity into operating generation in County Roscommon and reinforcing confidence in Power Capital’s delivery track record for its wider Irish portfolio.
- Adds another utility-scale solar asset to the company’s Irish operating base, strengthening revenue visibility and improving leverage for follow-on phases (expansion, repowering decisions, and new grid connections).
- Provides a tangible proof point that the developer can handle grid integration end-to-end (from equipment energisation to commissioning and first exports), which is often a gating item for further projects in Ireland.
- Likely de-risks the company’s pipeline by showing that the permitting, civil works, and substation/transformer commissioning steps can be completed without major slippage—reducing perceived execution risk for investors and lenders.
- Enhances the credibility of its development pipeline in Ireland by showing “pipeline-to-energy” momentum—especially relevant when projects are competing for grid capacity and require timely connection milestones.
- Signals continued scaling intent: with Creevy now producing, the next wave of solar and battery storage under construction/development can be managed as a portfolio program rather than isolated assets.
- Supports bankability and financing discussions: operating data and commissioning experience from Creevy can improve assumptions used for due diligence, such as performance expectations, availability, and operational practices for future Irish projects.
- Strengthens the case for integrated solar-plus-storage: once connected assets are operational, adding storage (where planned) becomes easier to model commercially and to coordinate operationally with grid requirements.
- Improves pipeline negotiating position with counterparties (landowners, EPCs, O&M providers, offtakers) by adding another completed reference site in Ireland, which can help secure terms for remaining projects.
- Adds to national clean-generation supply in the near term, which can make Power Capital’s remaining Irish projects more attractive to stakeholders seeking near-term renewable additions within connection and system constraints.
Also read