Ireland’s Mainstream Renewable Power (MRP) has unveiled a 1GW-plus list of wind and solar projects where it expects to reach financial close and enter construction this year – including the 450MW Neart na Gaoithe offshore wind farm.
Neart na Gaoithe, in Scottish waters, is expected to
reach financial close this year and see preliminary construction work begin in
late 2014, MRP said.
Also on MRP’s to-do list for 2014 are a trio of
wind projects in South Africa.
The Khobab and Loeriesfontein 2 wind farms – both 140MW
– are both due to start construction in the third quarter of the year, as is
the Noupoort project of 80MW.
In Chile – another of MRP’s key markets – the Irish developer expects to
start work late this year at the 27MW San Manuel wind farm, the 43MW Alena wind
project and the 100MW Pedernales PV plant.
The 46MW Old Man 2 Wind Farm in Canada, which will have turbines installed in July, completes the list.
The total investment needed to deliver the projects is put at €3.1bn ($4.2bn).
MRP said the seven land-based projects have received all necessary
planning permissions and their grid connections are being finalised.
The company expects to get offshore consent “soon” for Neart na Gaoithe.
MRP CEO Eddie O’Connor said: “We are now entering a very intensive
growth phase. To put this into context, we are about to start building more
megawatts than [Irish utility] ESB ever put into construction in Ireland in a
“We put almost 300MW into construction last year and we have an even larger portfolio of late-stage projects ready to go into construction next year."