Monaghan company Activ8 Energies has today launched an all-island funded solar initiative worth up to €200 million in partnership with SSE Airtricity.
The initiative will enable businesses to install on-site solar with no upfront cost, providing long-term energy price certainty through Power Purchase Agreements (PPAs).
The initiative was officially launched in Carrickmacross by Activ8 Energies and SSE Airtricity, alongside Minister for Climate, Energy and the Environment, Darragh O'Brien.
This initiative comes as energy costs continue to fluctuate due to international supply pressures and geopolitical uncertainty.
By ensuring a portion of their energy costs is covered for 15 - 25 years, participating companies can improve financial predictability, competitiveness; and ultimately the long-term stability of their operations.
Commenting on the launch, Ciaran Marron CEO of Activ8 Energies said: "Energy price instability has become a real issue for Irish businesses, and many are looking for ways to take control of a cost that can fluctuate dramatically from month to month.
"This funded initiative gives companies a clear path to predictable energy pricing without upfront investment. It is a sustainable solution for businesses of all sizes, allowing them to plan ahead with greater confidence, invest in growth and remain competitive even as energy markets remain uncertain."
This announcement comes at an exciting time for Monaghan-based Activ8 Energies, which this year celebrates its 20th anniversary.
