RES has received planning consent for the Dunbeg South wind Farm near Limavady, Northern Ireland.
The nine-turbine project is expected to inject £7.8m (€8.50m) into the local economy through construction and pay more than £14m in business rates over its lifetime.
This should pave the way for a ‘Green Economic Recovery’ for Causeway, Coast and Glens.
RES’ project manager Garth McGimpsey said: “Causeway, Coast and Glens Borough Council has identified the energy sector as a key opportunity for attracting investment and Dunbeg South will help to deliver on this by providing significant economic benefit for the local area.
“It will also help us achieve the rapid energy transition required, with the electricity produced contributing to the ambitious interim target of 70% electricity from renewable energy by 2030, set by the Department for the Economy.”
A recent study by Baringa Partners, has shown that renewable electricity from wind has delivered a payback of £4 to every consumer, every year, since the year 2000 – driving down wholesale costs and reducing fuel imports.
RES is the world’s largest independent renewable energy company, active in onshore and offshore wind, solar, energy storage, transmission and distribution.
In its 39-year history, RES has delivered more than 18GW of renewable energy projects across the globe.