Power Capital signs EIB-backed 395 MW Ireland solar PV project – Solarbytes

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Ireland based Power Capital Renewable Energy Ltd has signed financing for Project Dolmen Solar PV in Ireland. The project includes four solar photovoltaic plants with a combined capacity of 395 MW. Total project cost is estimated at €250 million, with €100 million from European Investment Bank (EIB). The financing was signed on 12 March 2026 following approval in February 2026. The projects will operate under RESS-3 and RESS-4 contracts for difference schemes. Electricity generated will support Ireland’s renewable capacity and reduce reliance on fossil fuels. EIB will provide senior debt and structuring support under its renewable energy financing framework.

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