Firm’s €60m wind turbine investment promises to help companies cut costs

ENERGY conscious firms are in line for multi-million euro savings following a €60 million investment from an Irish renewable energy firm.

Wind Energy Direct (WED) is to invest in the development of large scale ‘behind the meter’ wind turbines which it said will result in Irish firms saving €3m in energy costs over a 10-year period.

The projects will supply energy directly to companies that sign up to the initiative. Any excess capacity will be sold on to the national grid.