One Of The World's Biggest Wind Energy Firms Has Withdrawn From The Irish Market.

Thursday, 4 November 2021 10:53

The Environment Minister says planning regulations will be updated soon to prevent energy companies pulling out of the Irish market.

One of the biggest wind energy companies in the world has pulled out of the Irish market.

Among Equinor's plans was the development of a large offshore wind farm in Co. Clare at a cost of 2 billion euro.

EXCLUSIVE: Ireland's offshore wind energy plans suffer a major blow as developer quits market https://t.co/6XEsTDzWd7
— Irish Examiner (@irishexaminer) November 4, 2021

However the Irish Examiner reports the Norwegian company's withdrawing due to the planning laws that exist for offshore development.

The paper's special correspondent, Mick Clifford, says it had agreed a number of projects with the ESB since coming into the market in 2019:

The Environment Minister Eamon Ryan says planning regulations will be updated soon to prevent energy companies pulling out of the Irish market.

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