Shell To Take 51% Stake In Floating Windfarm Off Clare Coast

Photo (c) Pixabay

Shell is to take a 51 per cent stake in a new project to develop a floating wind farm off the Clare coast.

The joint venture between the oil and gas company and Simply Blue aims to generate enough wind capacity for one million homes.

It comes just two weeks after Equinor, the leading developer behind Moneypoint’s offshore wind project, pulled out of the Irish Market

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Founder of Simply Blue, Hugh Kelly, says it should be up and running by the end of the decade: