Published: 4 May 2021, 11:57
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One of Obton Energy's solar plants in Holland, Solcellepark Jlousberg. Image: Obton.
Danish solar PV business Obton has announced it is to double its investment in Irish solar partner Shannon Energy.
This brings its portfolio and pipeline of projects to a total value of €750 million (£649 million), with Obton also increasing its ambition to reach 1GW of capacity in Ireland by 2026.
Anders Marcus, CEO of Obton, said they were “delighted” by the expansion, which represented an enhanced commitment to the Irish market.
“Our partnership with Shannon Energy has successfully facilitated our investment in the Irish market and we look forward to continuing to expand the role of solar as part of the Irish government’s ambitious objective of having 70% renewable energy by 2030.”