Irish renewable energy company SunArc will create up to 50 jobs through a €20 million investment as the Carlow-based organisation launches its solar-as-a-service model later this month, according to a report by Silicon Republic.

Funding will be deployed over the next two years, with SunArc stating that it marks a significant step in accelerating Ireland's transition to clean energy while creating skilled employment opportunities. SunArc will expand its Carlow operations, bringing the workforce to 80 employees.

Job opportunities will be available in areas such as installation, engineering, manufacturing, maintenance, customer support, management and renewable energy innovation. The solar-as-a-service model will enable businesses to access solar power and energy independence with no upfront costs, removing what SunArc believes to be one of the biggest barriers to solar power adoption.

Customers will pay a reduced set energy rate while SunArc manages installation, maintenance, monitoring and upgrades. Businesses that sign up to the solar-as-a-service power purchase agreement will fully own their solar system after roughly 15 years.

Billy Thompson, chief executive of SunArc, said that this is a transformational moment not just for SunArc, but also for business energy independence in Ireland. “The €20 million investment represents a long-term commitment to making solar energy affordable, accessible and hassle-free for businesses,” he added.

SunArc currently employs 30 people at its Carlow operation, meaning this investment will see the Carlow workforce more than double. The solar panels themselves have a 30-year lifespan guarantee.

Discover more about SunArc's solar-as-a-service model and expansion plans in the full report.