€235 Million Loan to Fund ‘Smart’ Investment in Ireland’s Electricity Networks

ESB and the European Investment Bank have signed a new loan facility which will provide Eur235 million funding for ESB’s ambitious investment programme to develop smarter and more sustainable electricity network infrastructure in Ireland. The loan, from the European Union’s long-term lending institution, will provide 50% funding for an investment programme of Eur470 million which … Read more

ESB-led WestWave Project Submitted For EU Funding

ESB’s WestWave Project has been selected by the Department of Communications, Energy and Natural Resources as one of the projects to go forward for evaluation by the European Investment Bank under the EU New Entrant Reserve (NER300) funding mechanism. The WestWave Project aims to develop the first wave energy project in Ireland by 2015 by … Read more

ESB ecars Accelerates Fast Charge Point Rollout

ESB ecars has unveiled its plans for the rollout of fast charge points in service stations across the country from May onwards, which should see 30 service stations in the scheme by the end of 2011. Under agreements with Topaz, Maxol Group and Lidon, a number of fast charge points will be available in service … Read more

Government and ESB Sign New Electric Car Deal With PSA Peugeot Citroen

PSA Peugeot Citroen has introduced two new electric car models to Ireland, as part of a deal with the Irish Government and ESB. Viewing Ireland as an ideal market for electric cars PSA Peugeot Citroen will supply the Irish market with the Peugeot iOn and Citroen C-Zero. “Two years ago, I set out Ireland’s ambition … Read more

Government Signs Electric Motoring Agreement With Toyota

The Government has signed an agreement with Toyota to deliver its new Prius Plug-In Hybrid vehicle to the Irish market. The vehicle, which is the first Toyota hybrid to use lithium-ion batteries, will be available on a trial basis here in advance of its full launch to the market in 2012. As part of the … Read more

ESBI and MCT to Develop Major Tidal Energy Project Off Antrim Coast

ESB International (ESBI) has entered an agreement with the pioneering tidal energy company Marine Current Turbines (MCT) to develop an initial phase of a 100MW tidal energy project off the Antrim coast in Northern Ireland. ESBI and MCT will work together to submit a proposal to the forthcoming Marine Leasing Round in Northern Ireland to … Read more

ESB’s Next Generation €360m Power Plant at Aghada Sets New Standards

ESB’s recently completed 435 megawatts natural gas-fired power plant at its Aghada site near Middleton in County Cork is the most efficient and cleanest large-scale thermal facility in Ireland and also one of the most technologically advanced in Europe. The 435 megawatts Combined Cycle Gas Turbine (CCGT) power plant was built by global power engineering … Read more