Obton appointed a state backed tariff on two new solar projects in Ireland
Obton has just been awarded contracts for two solar projects in the Irish Renewable Electric Support Scheme (RESS 3).
Who we are
Obton are working with Shannon Energy to deliver more than 1 GW of renewable energy in Ireland in the next five years.
Our goal is to assemble a diverse portfolio of projects that will provide a supply of solar-generated electricity for many years to come.
In july 2020 we reached an important milestone when we were awarded our first 11 projects in the Government of Ireland’s Renewable Electricity Support Scheme (RESS).
This will provide a total of 118 MWp of solar energy to be erected in the next 1-2 years. These solar farms will be able to power approximately 20,000 homes across Ireland.
Video: Obton and Shannon Energy working together
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Solar Park Projects
Obton and Shannon Energy was awarded 11 Solar Park Projects for the first RESS (Renewable Energy Support Scheme) Auction held in July 2020. Construction is planned to begin in Q1 2021.
The projects are situated in eight counties throughout Ireland, with sites located in Wexford, Waterford, Cork, Longford, Galway, Offaly, Meath and Tipperary.
The combined 118 MW of power generated will be enough to fulfil the yearly energy requirements of up to 20,000 households.
It is expected that more than 200 jobs will be created in the construction of the solar photovoltaic (PV) technology on approximately 400 acres.
About Obton
Obton is an investment and development company with the goal of building a broad and risk-diverse portfolio of assets in the field of renewable energy.
At Obton, we work with long-term partnerships, both on the developer and financing side. We use our long-standing experience of solar energy to find opportunities in both existing and new markets.
Our wide experience has been built up through investments in turnkey projects as well as complex projects, such as the development of large-scale ground mounted PV systems and roof top PV systems in urban areas. We like to think that we are good at making the difficult simple.
Our expertise covers both the legal and the analytical aspects from development and construction through the management of the parks.
Meet the team
Obton has almost 300 in-house specialists working with everything in the range of adminstration through management to acquisition and finance of solar PV projects in the department of acquisition and finance of the PV systems, Obton pride ourselves of having some of the industry's most competent and experienced team members.
We offer our business partners an easy and short process from the initial contact to financial close. Our competencies and track record allow us to perform due diligence on promising assets in short time, ensuring an effective and satisfying process.
At Obton it is important for us to build value creating relationships and maintain our reputation as a competent and trustworthy partner, therefore our goal when negotiating agreements is to achieve an outcome that is beneficial to both ourselves and business partners.
