One sentence summary – A new ground-mounted solar park, commissioned by Alight, is set to begin construction in Finland in the second half of 2024, costing €50 million ($53.1 million), and is part of Finland’s national climate and energy strategy to phase out Russian fossil fuels and increase renewable energy sources, with the park expected to generate approximately 107 GWh/year and contribute significantly to Finland’s renewable energy goals.
At a glance
- A new ground-mounted solar park will begin construction in Finland in the second half of 2024.
- The project is estimated to cost €50 million ($53.1 million) and is commissioned by Alight.
- The solar park is part of Finland’s national climate and energy strategy, focusing on phasing out Russian fossil fuels and increasing renewable energy sources.
- The park will be located in the Satakunta region, known for its high radiation levels, and is expected to generate approximately 107 GWh/year.
- Alight aims to achieve a solar capacity ranging from 500 MW to 1 GW within the next 12 months and has plans to expand its presence in Finland.
The details
A new ground-mounted solar park is set to begin construction in Finland in the second half of 2024.
The project is estimated to cost €50 million ($53.1 million).
The company Alight has commissioned the project.
The solar park is part of Finland’s national climate and energy strategy.
This strategy focuses on phasing out Russian fossil fuels and increasing renewable energy sources.
The solar park will be located in the Satakunta region.
This region is known for its high radiation levels.
The park is expected to generate approximately 107 GWh/year.
The municipality where the park will be situated is home to Finland’s nuclear power facilities.
This municipality is supportive of renewable energy initiatives.
The specific technology for the solar park has not yet been determined.
Bifacial panels are being considered as a potential option.
Alight currently lacks any power purchase agreements (PPAs).
However, the company anticipates securing contracts with large corporate and industrial customers.
Alight has plans to expand its presence in Finland.
The company aims to achieve a solar capacity ranging from 500 MW to 1 GW within the next 12 months.
This solar park is not the only one being developed in Finland.
Two other notable projects are in progress: a 216 MW hybrid park in Alajärvi and Kyyjärvi, and a 500 MW power plant in Palloneva.
Finland’s total installed photovoltaic (PV) capacity stood at 591 MW at the end of 2022.
This information was reported by the International Renewable Energy Agency (IRENA).
The construction of this solar park will contribute significantly to Finland’s renewable energy goals.
This project will help diversify Finland’s energy sources and reduce reliance on fossil fuels.
The project is expected to be commissioned in early 2026.
This will provide a substantial boost to the country’s sustainable energy generation capacity.
Finland aims to strengthen its position in the global renewable energy landscape through such developments.
This will ultimately contribute to a more sustainable and environmentally friendly future.
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– Construction of a ground-mounted solar park in Finland is set to begin in the second half of 2024. – |
The project is expected to cost €50 million ($53.1 million) and will be commissioned in early 2026. – |
The solar park will generate 107 GWh/year and will be built in the Satakunta region, known for its high radiation levels. – |
The municipality where the solar park will be located is also home to Finland’s nuclear power and is keen to support renewable energy. |
– Finland aims to phase out Russian fossil fuels and increase its renewable energy sources as part of its national climate and energy strategy. – |
The technology to be used for the solar park has not been determined yet, but bifacial panels are a possibility. – |
The company behind the project, Alight, does not have any power purchase agreements (PPAs) in place but expects to secure contracts with large corporate and industrial customers. |
– Alight plans to expand its presence in Finland and aims to have 500 MW to 1 GW of solar capacity within the next 12 months. |
– Other solar parks under development in Finland include a 216 MW hybrid park in Alajärvi and Kyyjärvi, and a 500 MW power plant in Palloneva. |
– Finland had 591 MW of installed PV capacity at the end of 2022, according to the International Renewable Energy Agency (IRENA). |