RTB Solar PV Valuation Trends in Ireland

RTB Solar PV Valuation Trends in Ireland: H1 2024 Insights

Ireland's solar PV market has shown robust valuation trends in the first half of 2024, reflecting the country's growing commitment to renewable energy. Based on exclusive data from PF Nexus, the leading marketplace for renewable energy assets, we present key insights into Ready-to-Build (RTB) solar PV project valuations in Ireland.

In H1 2024, RTB solar PV projects in Ireland demonstrated the following valuation ranges:

• Buy-side valuations: €60,000 - €130,000 per MWp, with an average of €95,000 per MWp
• Sell-side valuations: €130,000 - €200,000 per MWp, with an average of €165,000 per MWp1

The significant gap between buy-side and sell-side valuations, approximately 73.68%, indicates a dynamic market with potential for negotiation1.

Ireland's solar PV valuations are part of the broader Western European market. Compared to other countries in the region:

• Ireland's average buy-side valuation (€95,000/MWp) is higher than the UK (€88,800/MWp) but lower than France (€133,500/MWp) and Germany (€103,700/MWp)1
• The sell-side valuation range in Ireland (€130,000 - €200,000/MWp) is competitive within the region, falling between the UK's higher range and Germany's lower range1

For a comprehensive analysis of Western European trends, refer to our article on RTB Solar PV Valuations in Western Europe in 2024.

Ready-to-Build (RTB) refers to solar PV projects that have secured necessary permits and are prepared for construction. This stage is crucial in the asset development lifecycle, representing a significant value inflection point between early-stage development and operational assets.

The valuation trends in Ireland suggest a maturing solar PV market with strong investor interest. The wide valuation range indicates opportunities for both buyers and sellers, depending on project specifics and negotiation skills.

This data, originally shared with our premium subscribers in June 2024, is derived from real transactions and market activity on the PF Nexus platform. As the largest specialist network of renewable energy dealmakers globally, PF Nexus connects 7,000+ developers, investors, and advisors across various clean energy technologies.

For access to live deal flow and the latest semi-annual valuation data, analysis, and trends, consider subscribing to our premium tiers. Subscribers gain invaluable insights into market movements and connect directly with buyers and sellers in the renewable energy sector.

Remember, asset valuations can fluctuate rapidly due to market volatility. For the most current data and to tap into the largest network of renewable energy opportunities, visit PF Nexus today.

To explore global trends and comparisons, check our comprehensive overview: Global Renewable Energy Asset Valuations 2024 Analysis and Trends.