Energia’s investment has the potential to create up to 5,000 new jobs over the next 5 years.
Energia announced on Monday that they have plans to invest over €3 billion into renewable energy technology and infrastructure around Ireland.
This investment is set to generate up to 5,000 construction jobs over the coming years, as well as an additional 200 direct jobs at the company’s new office in Blanchardstown in Dublin.
The new investment will focus on both onshore and offshore wind farms, solar power, hydrogen fuel generations, bio energy facilities and the smart grid and energy measure including smart metres, smart appliances, renewable energy resources, and energy efficient resources.
“Our decision to invest over €3 billion in renewable technology and energy infrastructure in the coming years is a clear signal of our intent to build on our continuous commitment to Irish communities, the economy and the sustainability of Ireland’s energy supply while contributing decisively to decarbonisation and the protection of our domestic and global environment”. Stated by the CEO of Energia Group Ian Thom
The Minister of Communications, Climate Action and Environment Richard Burton responded to the announcement by stating:
“We are committing to generating 70% of our electricity from renewable sources by 2030 under the Climate Action Plan. Decarbonising our electricity is crucial to all the changes we are making as we make the transition away from fossil fuels. The move to electric vehicles for example, will only be effective if the electricity being used has been generated from renewable sources. This investment by Energia, will boost Ireland’s capacity, with over €3 billion being invested in both onshore and offshore wind, solar, hydrogen fuel generation and bio-energy facilities”.