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.
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.
Scheme’s goal is to reset the Finnish capital’s carbon neutrality target date to 2035 by ramping up renewable energy use, electric vehicle adoption and energy-efficiency upgrades.
The Finnish utility has reiterated its commitment for the Indian PV market, after a media article had reported that the company is seeking to sell its solar assets in the country.
In 2016, the North European country saw the addition of 19 MW of new PV systems. As the Finnish economy seems now to be reviving after several years of stagnation, solar (and especially community solar) may become even more interesting for homeowners and businesses.
While it is little known for its solar power potential, PV deployment has increased in the Scandinavian country over the last two years. Community projects, a drop in prices for solar panels and a retail company have been the main drivers of this development.
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