Mainstream partners with Sinovel for 1GW Irish onshore push

Mainstream Renewable Power (MRP) has signed a turbine supply deal with Sinovel that will see it buy 250MW from the Chinese producer annually from 2014.

Under the agreement, the partners are initially looking to build 1GW of onshore capacity in Ireland, with MRP shouldering the development work and Sinovel providing turbines and technology.

Machines will be supplied from China at first, although Sinovel – the world’s second-largest turbine maker – hints that it may open a production facility in Ireland, if its government appears sufficiently committed to renewables.

Part of the estimated €1.5bn ($2.2bn) needed to build 1GW in Ireland may come from the China Development Bank.

According to chief executive Eddie O’Connor, MRP intends Log in to read complete article.

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