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4 FAQs about Ireland Solar Container Mobile Vehicle Price Reduction

How much does solar energy cost in Ireland?

The final average prices for the PV and wind technology were €0.10476/kWh and €0.09047/kWh, respectively. Compared to other auctions held this year in Germany, Croatia, the UK, and Italy, Ireland's RESS 4 auction prices were very high.

How much does a 960 MW PV capacity cost in Ireland?

Ireland allocated around 960 MW of PV capacity in the fourth Renewable Electricity Support Scheme auction (RESS 4) it held on Aug 28. The procurement exercise concluded with an auction final average price of €0.09685/kWh, which is 4% less than in the previous round.

What is the final price cap for solar energy in Ireland?

The Irish Solar Energy Association (ISEA) said that government intervention is needed to further reduce final prices, both for industry and end consumers. Ahead of RESS 4, the association lobbied for a price cap of €0.12/kWh to cover the industry's costs, but the request was not granted and the final cap for solar was €0.11/kWh.

How many solar projects are there in Ireland?

From the auctions, it has more than 1 GW of projects either in the construction phase or ready-to-build phase. According to Brown, Ireland's solar market makes it extremely difficult for smaller developers to operate. Cost is a big factor. “Our industry is no different to any infrastructure industry,” he added.

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