Moneypoint power station to be transformed into renewable energy hub in multi-billion euro plan

Under the plan, a floating offshore wind farm of 1,400MW will be developed off the coast of Clare and Kerry

The former Moneypoint power station is to become a major base for renewable energy. File picture

Moneypoint power station in Clare will be transformed into a green energy hub, where a range of renewable technologies will be deployed over the next decade with the capacity to power 1.6m homes.

The announcement is a key part of ESB’s Brighter Future strategy, which it says will “contribute significantly” to achieving the Government’s target of a 51% reduction in emissions by 2030.