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DCC Group launches €50 million solar support scheme for Irish businesses

01. 11. 2024

DCC Group is rolling out a new support scheme for “solar-as-a-service” businesses. The Ireland-headquartered, London Stock Exchange-listed firm aims to support 100 Irish businesses with a total of around 50 MW of solar capacity.

The plan is expected to annually generate around 50 GWh of clean energy, which is enough to power approximately 12,000 Irish homes each year. It will be rolled out over a five-year period and will cost €50 million ($54.3 million).

DCC Group subsidiary Flogas Ireland, an energy utility company, will oversee the running of the scheme alongside two of its sister companies. Alternative Energy Ireland (AEI) will be responsible for the installation and ongoing management and real-time monitoring of the PV systems.