IDA worry over lack of renewable power spend

The IDA has expressed concern over Ireland’s underdeveloped renewable energy infrastructure; saying it is becoming an issue when attempting to win additional foreign direct investment (FDI).

The IDA has expressed concern over Ireland’s underdeveloped renewable energy infrastructure; saying it is becoming an issue when attempting to win additional foreign direct investment (FDI).

Speaking at a sustainable energy conference hosted by the embassies of four Nordic nations — Norway, Finland, Sweden and Denmark — in Dublin, IDA senior vice president Barry O’Dowd said the agency is increasingly being “confronted” with questions about Ireland’s ability to generate sustainable and renewable energy from companies interested in investing here.