Independent renewable energy advisor Dulas has reported that the potential market for brownfield site development for solar in Ireland could be up to 3GW, with some significant commercial advantages over ‘greenfield’ project sites.
The findings have been detailed in Dulas’ first Irish Brownfield Report, launched this week, examining the complexities of managing Irish brownfield site development and facilitating entry for developers and investors into this new market.à‚
Ireland is widely considered to be the next big European solar opportunity. Benefitting from an established domestic solar market and a strong high tech sector, the country offers fertile ground for the development of a significant brownfield solar market.
An established leader in the field of energy storage research and development, the greater availability and reliability of energy storage throughout Ireland has increased the appeal of Irish solar energy to potential investors.
Based on market estimates of 400-600 brownfield sites in Ireland, and working on the basis of a Feed in Tariff favourable 5 MW project size per site, development could potentially provide up to 3 GW of new capacity. This is, of course, a best case scenario, as not all sites would be available or suitable for construction.
However, until the government’s renewables policy and the financial support it is to receive are finalised, the level of detail required to instil confidence in investors and enable them to back the market remains elusive.
“The Irish solar market is one that can offer the right incentives to construction and development, with all the benefits of building in a mature Western European economy,” said Alistair Marsden, Sales & Marketing Director at Dulas.
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