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Builders Merchants News - Changes to CRASH Board of Trustees

Builders Merchants News - Changes to CRASH Board of Trustees
buildersmerchantsnews.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from buildersmerchantsnews.co.uk Daily Mail and Mail on Sunday newspapers.

Covid-19 pressure sees fall in Foynes Port company profit

Covid-19 pressure sees fall in Foynes Port company profit
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Wind farm plan heralds start of unprecedented opportunity for Limerick region

Wind farm plan heralds ‘start of unprecedented opportunity for Limerick region’ Reporter: );   ); MULTI-BILLION euro plans for a massive green energy hub at Moneypoint represents an “unprecedented” and “transformative” opportunity for the region and nation. That’s according to the Shannon Foynes Port Company chief executive Pat Keating, who says the proposal, announced this morning, validates the enormous potential” of the estuary as a “global renewable energy hub”. The project sees the ESB teaming up with Equinor for a wind turbine construction hub and a floating offshore wind farm, while work on a €50m sustainable system support facility is expected to begin in the coming weeks.

Unprecedented renewable energy opportunity for Estuary

Photo: Sean Curtin/True Media An unprecedented renewable energy opportunity for Ireland, the Shannon Estuary and the south and west coasts has been unveiled in a major study. The Offshore Wind Potential Study – commissioned by Shannon Foynes Port Company – by specialist geotechnical engineering consultancy Gavin & Doherty Geosolutions Ltd. (GDG) identifies the potential, through capitalising on our unique wind resource and deep-water port, to turn the State into an exporter of energy and generate unprecedented job creation in the process. The report estimates €12billion investment into the Estuary by 2050 under a medium growth scenario and without including export potential to other markets.  As the floating wind sector is currently in its infancy, there is no well-established supply chain and this represents an opportunity for Ireland to be first movers in the floating wind sector, the report states.

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