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flag Ireland cancels €1.4B Sceirde Rocks offshore wind project due to financial and public challenges.

flag Ireland has withdrawn its €1.4 billion Sceirde Rocks offshore wind project off County Clare and Galway, ending a high-profile development that faced public opposition and financial setbacks. flag The 30-turbine project, planned for waters 5 to 11.5 km offshore, was abandoned after the developer, Fuinneamh Sceirde Teoranta, forfeited a €35.4 million performance bond under the ORESS 1 scheme. flag The decision followed a corporate restructuring by parent company Corio Generation, which shifted focus to a smaller global portfolio. flag Despite the withdrawal, Ireland remains committed to its 5 GW offshore wind target by 2030, with the Tonn Nua project already awarded and three other sites under development.

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