Finnish team unveils 1GW solar pipeline

• Korkia and also Solmar are creating greater than 20 sites in the southerly region of the country

Finnish financier Korkia as well as renewable energy programmer Solmar Consulting have actually participated in an agreement to develop 1GW of solar capacity in southerly, western as well as south-western Finland.

Their joint advancement of dozens of solar parks is currently underway, and also the conclusion of the parks is approximated to take place 2025-- 2027.

"Finland remains in aching demand of even more renewable resource and also solar power offers a quick way to the manufacturing of it.

"These projects will certainly aid boost the amount of renewable energy in the summer season, in particular, as the manufacturing of wind power is much less back then.

"At the same time, solar power production additionally helps Finland's electrical power mix and enables the raising of the country's self-sufficiency in electrical power, said Petri Haataja, Korkia's Vice President, Joint Venture Management.

There are more than 20 projects in the pipeline, with system dimensions of 40-100 MW.

A nominal 1GW of solar power can create about 1TWh of power in a year.

Among the projects underway is in Kristiinankaupunki.

"It is wonderful to work together with another domestic developer to increase renewable resource production in Finland.

"Solar parks also create new opportunities for regional market and financial investments, as businesses locate their way to the vicinity of renewable resource manufacturing.

"At the same time, we are able to produce steady profits for landowners when they rent their lands and allow the lands become solar power manufacturing sites.

"Cooperation with municipalities and also landowners is a fundamental part of our way of working, claimed Lauri Solin, that supervises of Solmar's project growth.

Yearly solar irradiance in southern Finland is the same degree as in Central Europe.