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IONITY signs Irish power agreement covering 48 ultra-fast chargepoints

IONITY has signed a corporate power purchase agreement with Irish energy supplier Pinergy covering its network of 48 ultra-fast charging points across seven locations on Ireland's national road network.

Geography
Ionity HPC Chargers

Pinergy says approximately six million kWh of renewable electricity will be supplied annually to IONITY’s Irish operations, sourced through a wind farm in County Laois owned and operated by Lirion Power.

Pinergy describes the agreement as covering IONITY’s entire Irish network of 48 ultra-fast chargepoints across seven locations.

The PPA changes procurement, not the physical path of each electron

The agreement forms part of Pinergy’s Guarantee of Origin offering. Electricity generated by the contracted wind farm feeds into the Irish grid, while IONITY procures an equivalent contracted renewable supply for its charging operations.

That does not mean individual chargers are directly wired to the Laois wind farm or that wind-farm generation physically follows a dedicated path to a particular charging session.

The significance is commercial: a corporate PPA can give a large electricity user a longer-term procurement structure rather than relying solely on short-term retail energy purchasing.

Energy procurement is becoming part of CPO economics

For a high-power charging operator, electricity is one of several major operating costs alongside grid capacity, land, maintenance, payments, network operations and capital recovery.

As charging estates grow, procurement strategy can therefore become increasingly important to tariff stability and operating margin.

IONITY’s Irish agreement is useful in that context because the annual energy volume is material: around six million kWh across a relatively concentrated high-power network.

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