Wind Energy
Cloosh Valley, County Galway
- Location
- 25km Northwest of Galway City, County Galway, Ireland.
- Site Description
- The resource assessment identified wind speeds of 8.9 m/s, at a hub height of 65m.
- Permit Status
- A consultant is currently undertaking an Environmental Impact Study and Planning Permission Application.
- Potential Facility Size
105 MW
- Project Overview
- Finavera owns a grid connection in Gate 3, Ireland’s transmission grid application process, for 105 megawatts. The Company is currently negotiating the land access agreement with Coillte Teoranta (the Irish Forestry Board) which owns the land. In August 2009 the Company signed a Heads of Terms agreement with a major European wind developer for the potential creation of a joint venture for developing the project, in which the Company would sell a portion of its interest in the project. The agreement is subject to final contracts and approvals. Negotiations continue to date of this report. Ireland’s Renewable Energy Feed-In Tariff (REFIT) provides a fixed power purchase price to a licensed supplier of power for the purchase of electricity from a qualifying renewable energy generator. It is envisioned that the Company’s wind project would qualify for the REFIT when operational.