Element Power, a subsidiary of US group Hudson Clean Energy Partners, is planning to build 40 new wind farms in Ireland, with 2000 jobs to be created in the process.
RTE News reports that Element Power has signed a contract with Britain’s electricity grid to supply it with renewable energy over two dedicated subsea cables from Ireland to Wales.
Element Power says it is in discussions with the Irish planning authorities and landowners in order to move ahead with the developments.
Separately, Element Power has signed a contract to supply €1.2bn of electricity to Britain’s National Grid UK.
In a statement, National Grid UK confirmed that a firm grid connection of 3000 MW has been awarded to Element Power.
It said "this is the first such dedicated UK connection offered to an Irish renewable energy exporter and enables Element Power to progress 'Greenwire' - a series of connected projects exporting wind power generated in the Midlands of Ireland to the UK via two independent subsea cables.
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