Ireland-based Flogas announced plans to implement €50 million (~$54.49 million) worth of solar energy projects for large Irish businesses through its Solar as a Service (SaaS) model over the next five years. In partnership with AEI and Wewise, Flogas will manage the installation and maintenance of 50 MW of solar PV capacity, expected to generate approximately 50 GWh annually sufficient to power 12,000 homes and reduce CO2 emissions by 11,000 tons. This approach enables companies to use rooftop and ground-mounted solar PV systems without upfront capital investment, aiming to lower energy costs and carbon emissions. The initiative aligns with DCC plc’s strategy to reduce customer carbon emissions by 50% by 2030.
Flogas unveils €50M solar initiative for Irish companies
The plan supports DCC’s “Cleaner Energy in Your Power” strategy and aims to cut customer carbon emissions by 50% by 2030. (Image Source:FloGas)
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdola)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)