Finland

Finnish industrial park gets 12 MW smart grid with central inverters

Inverter manufacturer Fimer provided its PVS980-58 central inverter solution for the project, which will derive 35% of its energy from solar PV.

Solar film with integrated optics to increase performance of PV panels

Finnish company ICS has developed a foil which it claims can significantly increase the yield of solar panels, when applied to the edges of a PV module. Germany’s Fraunhofer ISE has confirmed that the increase in performance for conventional solar modules with the solar film is ranging from 5% to 10%.

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Axpo to market grid balancing services offered by largest Nordic grid battery to date

The Swiss utility will sell the ancillary services offered to energy network operator Fingrid by the 30 MW/30 MWh lithium-ion Yllikkälä Power Reserve One battery provided by French renewables company Neoen.

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Finland to stabilize grid with 30 MW/30 MWh battery

The Yllikkälä Power Reserve One project will be one of Europe’s largest storage installations and the biggest in the Nordic countries. French developer Neoen will deploy the big battery close to Lappeenranta in the southeastern part of the country.

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Big solar and power-to-gas arrive in Finland

Energy company EPV Energy is planning to build a 100 MW solar park to replace peat energy production. Peers Wärtsilä and Vantaa Energy are planning a power-to-gas facility to produce carbon-neutral synthetic biogas using electricity and carbon dioxide from a waste-to-energy plant.

Finnish solar manufacturer gets Lithuanian factory purchase over the line

Appetite may have been lacking among private investors – at a time when global stocks are tanking amid Covid-19 and global recession fears – but the eco-friendly new Finnish government, and neighboring administrations, have stepped in to fill the breach.

Finnish solar manufacturer extends vital fundraising exercise again

Valoe Corporation has extended its €3.5m convertible bonds issuance but with investors fleeing to safe havens and Lithuania yesterday announcing COVID-19 quarantine measures, hopes of getting cell manufacturing off the ground in Vilnius this month appear unrealistic.

Finnish solar manufacturer touts self-charging car deal as €3.5m fundraising ticks down

A convertible bond issuance by Valoe Corp is due to expire on Sunday and the board has already been forced to sign up for more than 40% of the investment. The module maker, which is still attempting to pay for a cell line acquired from Solitek last year, has been announced as a technology partner by Munich-based Sono Motors.

Entso-E targeted in recent cyberattack

The European Network of Transmission System Operators for Electricity said on Monday that unidentified hackers recently targeted its computer networks.

EU Climate Law dubbed a ‘surrender’ by Thunberg and a ‘disappointment’ by trade bodies and politicians

European Parliament groupings, renewable energy associations and climate activists have voiced disappointment at the EU Climate Law officially unveiled yesterday. Lack of a raised emission-reduction ambition to 2030 is at the heart of the opposition, with critics saying the plan will be insufficient to help prevent global temperatures rising more than 1.5 degrees Celsius.

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