Highfield Solar Secures Financing for 132MW Irish Solar Projects
Highfield Solar, a joint venture between Ib Vogt, Highfield Energy, and Aura Power, has reached a major milestone by securing project financing for the construction and operation of two new solar projects with a combined capacity of 132MW. Backed by Cooperatieve Rabobank, these projects—Clonin North (70MW) in County Offaly and North Arklow (62MW) in County Wicklow—will play a crucial role in Ireland’s journey toward a greener future.
Set across 70 hectares near Rhode and Arklow, these solar projects will feature cutting-edge bifacial modules on fixed-tilt support structures, maximizing both land use and efficiency. Construction is slated to begin in October 2024, with work on grid connections already in motion.
This isn’t the first time Highfield Solar and Rabobank have teamed up. Their successful track record includes financing 473MW across four major solar projects, driving Ireland’s clean energy transition even further. Both Clonin North and North Arklow secured their positions in the Government of Ireland’s second Renewable Electricity Support Scheme (RESS 2), an initiative aimed at boosting renewable energy investment to help Ireland meet its target of 80% renewable electricity by 2030.
Local communities are set to benefit too, with over €100,000 in annual funding for the next 15 years through the RESS scheme, supporting local clubs, societies, and community initiatives.
Peter Kavanagh, Managing Director of Highfield Energy, expressed his pride in this achievement: “This marks years of planning and investment. We are excited to contribute to Ireland’s renewable energy goals while bringing significant investment and community benefits to local areas.”
Highfield Solar’s dedication to clean energy and local impact continues to drive the country’s renewable future. #SolarEnergy #RenewableEnergy #CleanEnergy #Sustainability #IrelandGreen #HighfieldSolar #Renewables #GreenFuture #ClimateAction #SolarProjects #CommunityBenefit #EnergyTransition #RESS