Ministers are to sign a deal that could pave the way for millions of British homes being supplied with electricity from 700 huge wind turbines across a vast swathe of rural Ireland.
A total of 40 wind farms would be built in the Bog of Allen, which covers several counties in Ireland's midlands.
They would be connected to the UK's National Grid through two giant undersea cables linked to Pentir, near Bangor, and Pembroke, in southwest Wales.
Element Power, the US company behind the £6.5bn scheme, said the 600ft turbines could supply 10% of the UK's renewable energy target for 2020 and save British households £7bn over 15 years.
However, the plan, which is still in its infancy, is set to face significant opposition from conservationists who fear damage to the countryside.
Because the area is relatively windless compared to Ireland's gusty coastline, the company says the turbines need to stretch high into the sky to catch enough wind.
Britain's Energy Secretary Ed Davey and his Irish counterpart Pat Rabbitte are signing a memorandum of understanding on the export of energy between the countries.
Mr Rabbitte has said the project is still in its infancy.
Element Power's proposals still face scrutiny from planning officials in the Republic.
The company says the construction and maintenance of the farms would create thousands of jobs.
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