Industry & Business

Microsoft’s New Irish Wind Energy Agreement

 Breaking News
  • Irish Distillers to Invest €150 Million in Sites in Cork and Dublin Irish Distillers has announced investment of over €150 million in its sites in Cork and Dublin to meet demand for its products as the Irish whiskey renaissance continues apace. This is accelerated by the continued growth of the company’s flagship Jameson brand, which is now in double or triple-digit growth in more than 80 markets [...]...
  • CM Precision Components Opens New Purpose-built Factory in Downpatrick Downpatrick-based CM Precision Components Ltd has officially opened its new 16,000 sq ft manufacturing facility at Invest Northern Ireland’s Killough Road Industrial Estate. The advanced engineering firm has invested almost £1 million in the construction project, to expand its production capabilities and meet the growing demands of its customers. CM Precision Components produces precision machined components for [...]...
  • Arkphire Secures New Investment IT solutions and networking company, Arkphire, has announced that Bregal Milestone, a private capital firm, has completed an investment into the business. The investment by Bregal Milestone comes from their new €400 million pan-European fund dedicated to investing in high-growth European companies. Typical commitments from Bregal Milestone range from €20 million to €60 million. Arkphire provides [...]...
  • Government Investment in Research & Development Amounts to Over €750 Million in 2018 The latest figures on Government investment in research and development (R&D), published by the Department of Business, Enterprise and Innovation, show that over €750 million is estimated to have been invested in R&D in 2018. The data in The Research and Development Budget 2017-2018 publication is compiled from a comprehensive survey of thirty Government Departments [...]...
  • Smart Dublin in Partnership With Enterprise Ireland Award 21 New Innovation Contracts Approximately €700,000 is to be awarded to companies under Enterprise Ireland’s Small Business Innovation Research (SBIR) initiative which will enable them explore innovative solutions to address challenges faced by Local Authorities. 21 companies have been awarded Phase One funding to progress the feasibility of their solutions. Phase One funding will allow each recipient to carry [...]...

Microsoft’s New Irish Wind Energy Agreement

Microsoft’s New Irish Wind Energy Agreement
October 20
11:56 2017

The national body charged with helping Ireland to transition to a low-carbon economy has welcomed a new agreement by Microsoft to become one of the first multinational technology companies to support a new wind project in Ireland. Microsoft Corp. has announced a 15-year power purchase agreement (PPA) with GE to purchase 100 percent of the wind energy from its new, 37-megawatt Tullahennel wind farm in County Kerry, Ireland.

The agreement will help support the growing demand for Microsoft Cloud services from Ireland. As part of the deal, Microsoft also signed an agreement with Dublin-based energy trading company ElectroRoute; it will provide energy trading services to Microsoft.

Sustainable Nation Ireland, which is tasked by the Government in the IFS 2020 Strategy to grow Ireland as a hub for sustainable investment and business, welcomed the deal.

CEO Stephen Nolan says the organisation is working with Microsoft and other stakeholders to contribute to a more sustainable, increasingly green grid in Ireland. He adds: “This announcement highlights our world-class capability to ensure world-leaders like Microsoft can run operations that are powered by clean energy, which meets a key Microsoft strategic imperative. With only a few weeks out to the next round of international climate talks – COP23, this new agreement underpins Ireland’s emergence as a global leader in sustainable business and investment.”

In addition to producing energy, the project will produce valuable data on energy storage. Each turbine will have an integrated battery; Microsoft and GE will test how these batteries can be used to capture and store excess energy, and then provide it back to the grid as needed. This will be the first deployment of battery integration into wind turbines to store energy in Europe.

About Author

admin

admin

Related Articles

New Subscriber





Subscribe Here



Advertisements



















National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories



Upcoming Events

  • No upcoming events
AEC v1.0.4