Our History

Element Power was established in 2008 with the backing of Hudson Clean Energy's inaugral $1bn fund and quickly set about attracting some of the best talent in the renewables sector. With a high-quality development portfolio spanning diversified geographies from South and Central Americas to Northern Europe the organisation was soon established as a significant player in the renewables arena. Since then the business has naturally evolved to its present position which sees a focus on a number of Northern European markets leading the way in renewables development.

 

Milestones

2014

  • construction begins at Barranafaddock Wind Farm in IrelandDecember - Planning permission granted to construct the 27MW Twentyshilling Hill Wind Farm in Ireland which could provide enough electricity to power over 14,000 homes every year.
  • September - Consent obtained for the Tullymurdoch Wind Farm which when operational, could supply up to 9,300 homes in Scotland.
  • August - N. European development fund raising closed
  • February - Construction starts on the 32.4MW Barranafaddock Wind Farm in Ireland. When complete this will make a considerable contribution to the local economy.

2013

  • Macho Springs Wind FarmDecember - Element Power closes sale of 45MW of the Irish 9.2MW Garranereagh wind farm and the 36MW Monaincha wind farm to BlackRock
  • August - Army Awards 2nd Technology Under $7 Billion Renewable Energy Multiple Award Task Order Contracts (MATOC) to a group of 22 qualified solar technology contractors including Element Power.
  • April - Joint venture with UPM (Finland)
  • January - First Solar Acquires 50 megawatt AC Macho Springs Project, USA, from Element Power Solar

 


2012

  • Element Power - Asset Operations - Managing your assets

    September - Element Power’s Finland office opened, formalising EP's market intentions

  • May - Element Power and Kraftö Vind obtain permission for the construction of the c.36 MW Grimsås wind farm in Sweden
  • May - enXco closes on the purchase of the Bobcat Bluff Wind Project, Texas
  • March - Element Power Solar completes development and sale of 6MW UK solar parks to Foresight Group

 


 2011

  • Zaratan Solar ParkOctober - Element Power signs connection agreement for 150MW in Poland
  • June - Swedish business established. Joint venture with Kraftö Vindkraft.
  • March  - Joint venture with RDS (Scotland)
  • Element Power Solar Exceeds Projected Power Delivery In 2011. Element Power Solar (EPS) delivered 84GWh to the grid, roughly 10% more than expected by plant shareholders, advisors and lenders.
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2010

  • Amatret Wind Farm in SpainOctober - Element Power Ireland is established
  • March - Element Power successfully secured a €71.2m joint financing for the Almatret wind farm in Spain
  • February -  Element Power UK is established 
  • February - Element Power acquired a 1.4 GW portfolio of wind development assets from EcoEnergy.

 

 

 


2009

  • Concejiles Wind Farm, SpainOctober - Element Power Poland is formed
  • March - Element Power completes its first wind farm; the 11.7MW Concejiles wind farm in Spain.

 

 

 

 

 


2008

  • Element Power - full service renewables developerOctober - Element Power established, backed by the Hudson Clean Energy PE Fund, a leading global private equity firm dedicated solely to investing in renewable power, alternative fuels, energy efficiency and storage.
  • Southern Europe, North  American business established (incl. Chile & Panama)