State company Bord na Móna plans to spend “up to €1 billion” on a new venture that has lured data giant Amazon Web Services as its first major tenant.
The company plans to build wind and solar farms, batteries, biomethane and green hydrogen processors in the park, specifically to attract businesses that consume large amounts of energy and want to cut greenhouse gas emissions.John O’Reilly, head of renewable energy at Bord na Móna, said it planned to invest up to €1 billion on the venture. Amazon has not said how much will spend, but a large data centre complex is likely to cost upwards of €1 billion.
Mr O’Reilly said that the company and was already talking to other potential tenants, although he was not in a position to name them. “The technology is already in place,” he noted, saying that it was just a question of how those systems were combined to ensure that they supplied round the clock green energy.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
9 firms at Bord na Móna's Accelerate Green START schemeNine rising Irish start-ups, including companies that manufacture organic beetroot juice and deliver offshore wind modelling using AI, have completed Bord na Móna's 2024 Accelerate Green START programme.
Source: RTEbusiness - 🏆 16. / 61 Read more »