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Leading renewable energy company RES has today received consent for Dunbeg South Wind Farm, near Limavady. The nine-turbine project will inject £7.8 million into the local economy through construction and pay more than £14 million in business rates over its lifetime, paving the way for a ‘Green Economic Recovery’ for Causeway, Coast and Glens.
Garth McGimpsey, RES’ Project Manager, said: “Causeway, Coast and Glens Borough Council has identified the energy sector as a key opportunity for attracting investment and Dunbeg South will help to deliver on this by providing significant economic benefit for the local area.
“It will also help us achieve the rapid energy transition required, with the electricity produced contributing to the ambitious interim target of 70% electricity from renewable energy by 2030, set by the Department for the Economy.”
The benefits of wind energy to Northern Ireland consumers are clear. A recent study by Baringa Partners, has shown that renewable electricity from wind has delivered a payback of £4 to every consumer, every year, since the year 2000 – driving down wholesale costs and reducing fuel imports.
RES is the world’s largest independent renewable energy company, active in onshore and offshore wind, solar, energy storage, transmission and distribution. In its 39-year history, RES has delivered more than 18GW of renewable energy projects across the globe.
For further information about RES, visit www.res-group.com
Notes to editors:
1. The Wind Dividend: How Wind Pays Back for Northern Ireland, Baringa Partners, 2019
RES is the world’s largest independent renewable energy company active in onshore and offshore wind, solar, energy storage, transmission and distribution. At the forefront of the industry for 39 years, RES has delivered more than 18GW of renewable energy projects across the globe and supports an operational asset portfolio exceeding 6GW worldwide for a large client base. Understanding the unique needs of corporate clients, RES has secured 1.5GW of power purchase agreements (PPAs) enabling access to energy at the lowest cost. RES employs more than 3,000 people and is active in 10 countries.
CONTACT FOR FURTHER INFORMATION:
RES Press Office
+44 141 404 5560
+44 7500 937 925