Bord Gáis Energy to become Ireland's largest solar power buyer, securing enough electricity to power 250,000 homes.

Bord Gáis Energy plans to become Ireland's largest buyer of solar-powered electricity, purchasing over 600 MW from solar farms. The agreements include deals with Highfield Energy, BNRG, ILOS Energy, and Power Capital Renewable Energy. Bord Gáis Energy will sell the electricity to the wholesale market and help its customers transition to a lower-carbon future. The agreements will supply enough electricity to power around 250,000 homes annually.

Bord Gáis Energy has announced plans to become Ireland's largest buyer of solar-powered electricity, securing agreements to purchase over 600 MW from various solar farms. The deals, which include collaborations with Highfield Energy, BNRG, ILOS Energy, and Power Capital Renewable Energy, will enable Bord Gáis Energy to supply enough electricity to power around 250,000 homes annually. The company plans to sell this electricity to the wholesale market, helping its customers transition to a lower-carbon future.

Under these agreements, Bord Gáis Energy will source solar power from multiple providers, diversifying its energy portfolio and reducing its reliance on traditional fossil fuels. The strategic move aligns with Ireland's commitment to achieving net-zero carbon emissions by 2050 and supports the country's transition to renewable energy sources.

The solar power purchases are part of Bord Gáis Energy's broader strategy to enhance its sustainability credentials and meet growing demand for clean energy solutions. By securing long-term contracts with solar farm operators, Bord Gáis Energy aims to ensure a steady supply of renewable energy while mitigating the risks associated with fluctuating energy prices.

The deals also underscore the increasing importance of renewable energy in Ireland's energy mix. As the country continues to invest in renewable energy infrastructure, partnerships between energy providers and renewable energy producers are expected to grow, driving the transition to a greener economy.

References:
[1] https://www.quiverquant.com/news/Bord+Gáis+Energy+plans+to+become+Ireland%27s+largest+buyer+of+solar-powered+electricity