The company's new five-year investment programme called 'Positive Energy' will also deliver an estimated 3,000 to 5,000 construction jobs over its duration.
Energia Group's Positive Energy investment programme will be implemented across a range of major renewable energy projects including onshore and offshore wind farms, solar power, hydrogen fuel generation, bio-energy facilities and the smart grid. It is in line with the government's commitment to increase the amount of electricity generated from renewable sources from 30% now, to 70% by 2030. Energia Group anticipates that this new investment will add up to 1.5 Gigawatts (1,500 Megawatts) of renewable generation to the grid over the 5-year programme. This will contribute to further sustainability in Ireland's energy supply and to the achievement of Ireland's climate change reduction targets.
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The announcement was made as the company opened its new Irish headquarters at Blanchardstown in Dublin.
An Taoiseach, Leo Varadkar TD said: "Reducing greenhouse gas emissions means making big changes; at Government, business, community and individual level. Under the government's Climate Action Plan, we want to increase the amount of energy produced from renewable sources from the 30% we produce today to 70% by 2030. To do this, we need industry to step up to the mark. I commend Energia Group for announcing this €3 billion investment in a range of renewable energy projects, from wind farms to bio-energy, which will help us to reduce greenhouse gas emissions, give us cleaner air and reduce the need for expensive fossil fuel imports. The announcement of 200 new jobs also shows how climate action can create the jobs of the future. I'm really pleased that the company has chosen Blanchardstown as the location of its new headquarters; Energia Group is very welcome to Dublin West."
(CM/MH)
Image credit: Conor McCabe Photography
