The Irish Solar revolution

photovoltaic solar technology

The Irish Solar revolution

The Irish Solar revolution

Ireland has seen substantial social change over the last decade and is now about to embark on a
revolution in solar energy. The country is committed to reducing greenhouse gas emissions significantly
and solar energy is part of the plan in a major way. In keeping with this new solar strategy, the Irish
government has set an aspirational target of producing up to 40% of its energy requirements via
renewable sources by 2020. In the context of existing energy sources, which include wind, biogas and
solar, wind has historically been the most popular source of energy; it currently produces over 75% of
renewable energy in Ireland. However, there is now a growing consensus to move away from wind as
the major source of power.

Unfortunately, the dependence on wind power has recently led to multiple planning objections and
social unrest in local communities which don’t want their natural views and rural scenery adversely
affected by windmill construction. As a result, Ireland is monitoring the example of other countries in
Europe, which have made significant strides in the development of solar energy. This is evidenced by
the government’s white paper titled “Ireland’s transition to a low carbon energy future.” This
government publication strongly supports the utilization of solar (PV) technology as part of the nation’s
strategic planning for renewable energy.

  • In addition, the advantage of solar energy in Ireland should not to be underestimated. Ireland
    produces 70% of the radiation levels vis-a-vis the Cote D’Azur and has the same radiation levels as
    northern France. If the correct policy framework and economic incentives are focused on this new solar
    project, it could produce approximately 10% of renewable production by 2020. This will result in
    500MW of power generation installed (ISEA). Moreover, solar energy, as a renewable energy provider
    in Europe, has seen massive growth and is currently the fastest growing renewable energy sector. For
    example:
  • Solar PV produces 7% of the energy in Greece, Italy and Germany.
  • Solar PV also produces 3.5% of the energy for Europe as a whole.

Ireland is now perfectly positioned to take advantage of this evolving technology, and the Irish
Government is ready to push solar energy forward in the coming years. If the required supports are put
in place to encourage construction and operation, it could produce €2.5 billion in revenue between now
and 2030. Moreover, Irish landowners, especially in the farming communities, would gain a huge
opportunity to diversify into these new, ongoing revenue streams. This is the right time to think about
solar energy as a great source of power in Ireland’s future.

  • Solar Company formation
  • Solar Company Accounting
  • Solar Company payroll
  • Contractor management
  • Advice and guidance on banking, grants and legals
  • Solar technology, consulting and introductions

Accounting Pro is Ireland’s premier contractor accounting service.  We are here to help, the busy contractor and company, with all your accounting and payroll needs. We are both an umbrella company and umbrella corporation and we can create your limited company. We are experts in contractor pensions, contractor health insurance, illness and sick benefit for the self employed and contractor expenses. To learn more about what we do please review https://www.accounting-pro.ie/  and contact us by email:  info@accounting-pro.ie or phone us 01 6933370. For the UK see Accounting-Pro UK. “The Irish Solar revolution” is an article written by Accounting-Pro Ireland for the benefit of everyone. Feel free to share it but please give attribution on a CC BY-SA license.

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