€5bn set to be invested in onshore wind energy projects

Nearly €5bn worth of fresh investment in onshore wind energy projects is expected to be made over the next seven years.

€5bn set to be invested in onshore wind energy projects

Speaking ahead of his organisation’s annual conference in Galway today, Irish Wind Energy Association chief executive Kenneth Matthews said the next two years could see “significant growth” in the sector, with new investment up to 2020 totalling as much as €4.7bn.

“The economic benefits of this growth will be reaped at a national level, through taxation and the avoidance of significant financial penalties, and at local levels throughout the country, by way of direct and indirect employment and through ongoing commercial rates,” he said.

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