Ørsted Wins Big with 109-MW Solar Project in Ireland

• Ørsted secures contract for Ireland's largest solar project, set to power 34,000 homes by 2028, marking a major step in its 800 MW solar pipeline.

Danish energy group Ørsted A/S has won a contract for its 109-MW Lodgewood solar project in Ireland through the government's fifth Onshore Renewable Electricity Support Scheme (RESS 5) auction. Located in County Wexford, this will be Ørsted’s largest solar project in Ireland, expected to power over 34,000 homes. The project awaits a final investment decision and could be operational by 2028.

Ørsted is also developing two other solar farms and has a near-term solar pipeline exceeding 800 MW in Ireland. The RESS 5 auction provisionally selected 18 solar projects, totaling 860 MW of solar and nearly 219 MW of onshore wind, with an average strike price of EUR 98.81 per MW. Final results are anticipated in mid-October.

What is Ørsted's largest solar project in Ireland and its expected impact?

• Ørsted's largest solar project in Ireland is the 109-MW Lodgewood solar project.
  
• Located in County Wexford, it is part of the government's fifth Onshore Renewable Electricity Support Scheme (RESS 5).
  
• The project is expected to power over 34,000 homes once operational.
  
• It is currently awaiting a final investment decision and could be operational by 2028.
  
• Ørsted is also working on two additional solar farms in Ireland.
  
• The company has a near-term solar pipeline exceeding 800 MW in the country.
  
• The RESS 5 auction provisionally selected 18 solar projects, totaling 860 MW of solar capacity.
• The average strike price for the RESS 5 auction was EUR 98.81 per MW.
• Final results of the RESS 5 auction are anticipated in mid-October.
  
• The Lodgewood project is expected to significantly contribute to Ireland's renewable energy targets and reduce carbon emissions.