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Construction Due To Get Underway On Moneypoint Green Atlantic Project Shortly
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Work to start on €50m Moneypoint synchronous compensator
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Siemens wins contract for €50m Moneypoint project
April 27, 2021
THE ESB has awarded the contract for the engineering, procurement and construction of the new €50m Synchronous Compensator in Moneypoint Power Station to Siemens Energy Limited following a competitive tender process.
Awarding this contract is seen as the first phase in the ESB’s plans to transform Moneypoint into a new green energy hub, which includes the proposed development of a new windfarm 16 km off the Clare coast.
The Synchronous Compensator, which will be the largest of its kind in the world, will provide a range of electrical services to the electricity grid, which would previously have been supplied by thermal fired power stations. It will enable higher volumes of renewables on the system.
Siemens Awarded €50 Million Contract For Moneypoint Synchronous Compensator
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Green Atlantic windfarm will create up to 600 new jobs
April 17, 2021
BETWEEN 50 and 100 jobs will be created to provide a new €50 million Synchronous Compensator in Moneypoint Power Station as part of the ESB’s exciting new €5 billion Green Atlantic development, reports Dan Danaher.
This Synchronous Compensator, which will be the largest of its kind in the world, will provide a range of electrical services to the electricity grid, which would previously have been supplied by thermal-fired power stations. Its operation will enable higher volumes of renewables on the system.
While Moneypoint plant manager, Sean Hegarty was unable this week to provide an exact number of new jobs in advance of signing this major new work contract for the site, he estimates a major construction of this scale usually requires between 50 and 100 people. It is estimated the construction of the new offshore windfarm will create up to 600 new jobs, pending planning approval. This new Synchronous C