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‘Tall order’ for Ireland to meet offshore wind targets

Seamus McCabe of Macquarie’s Green Investment Group says 2030 green deadline is tight

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Ireland has a target to be generating 70pc of its energy needs from renewable sources by 2030. Photo: Gareth Fuller

Ireland has a target to be generating 70pc of its energy needs from renewable sources by 2030. Photo: Gareth Fuller

Ireland has a target to be generating 70pc of its energy needs from renewable sources by 2030. Photo: Gareth Fuller

Ireland is facing a “tall order” to deploy 5GW of offshore wind energy by the Government’s targeted date of 2030, according to Seamus McCabe, vice president with Macquarie’s Green Investment Group (GIG).

The unit recently acquired the developer of the planned 400MW Sceirde Rocks windfarm off the Galway coast, marking its first investment in Ireland. It’s likely to cost in the region of €1bn to build.


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