Tax relief for corporate investments in certain renewable energy projects is provided for under section 486B of the Taxes Consolidation Act 1997. The relief was given in the form of a deduction for tax purposes from a company's total profits for its direct investment in new ordinary shares in the qualifying renewable energy company. The relief expired on 31 December 2014.
I am informed by the Revenue Commissioners that information in relation the cost of the tax relief on a year by year basis is not available. The cumulative cost of the relief to date is €21.3m.