Ireland awarded a total of 80 new wind and solar projects in the latest Renewable Energy Support Scheme (RESS 2) auction.
Altogether, 1.9GW renewable projects were provisionally awarded. These were selected from 130 renewable energy projects that participated in the auction.
According to the authorities, "it represents an increase on RESS-1, which saw 1.2GW of capacity awarded."
It has been reported that the average strike price for all projects stands at €97.87/MWh. This was only €74.08/MWh of projects in the inaugural 2020 round.
As per reports, the average price granted for community-based projects stands at €116.41/MWh in RESS 2. It has been informed that solar is in the top, which accounts for all but 11 projects that successfully applied for the price mechanism.
Out of the total, large-scale PV projects which sealed contracts are Soleire Renewables’ 120MW Ballyroe, East Laois Solar Farm Limited’s 80MW Loughteague and Joriclo’s 80MW Gaskinstown.
Meanwhile, a total of 414MW of new onshore wind capacity projects have been awarded contracts.
According to the Department of the Environment, Climate and Communications, final auction results will be made public on 15 June as they await approval.