German Developer ib vogt Sells 206 MW Solar project In Finland

Dec 22, 2022 04:16 PM ET
  • ib vogt sold 206 MWp solar PV project to Finnish power firm Helen
  • The project, located in Kalanti, Uusikaupunki, comes ready-to-build with construction begin in Q2 2023

International solar developer ib vogt has offered a 206 MWp solar PV project to Finnish energy company Helen. The solar ranch lies in Kalanti, Uusikaupunki, in South-West Finland as well as prepares to be developed. As part of the used turn-key service, ib vogt will certainly supply complete EPC, O&M and also Asset Management services as well as start construction in the 2nd quarter 2023. With the place in Finland having similar solar radiation levels to northern Germany, the solar power plant is expected to produce more than 200 GWh of tidy power annually, once it reaches commercial operation beginning in late 2024.

The solar project marks a landmark for ib vogt as the first plant to be integrated in a Nordic nation and is excellent for the continuous growth and internationalisation of the company. The PV ranch will consist of more than 380,000 high-capacity bifacial solar modules improved a fixed-tilt substructure for optimal performance.

" Finland and all Nordic nations are a growing market for renewable energy, including solar, and we are excited to execute our very first project there as well as working on a lot more to find," commented Anton Milner, CEO of ib vogt. "We are delighted to work with Helen to progress their environmental purposes and also support the efforts in branching out power production for their customers."

"Solar energy production in Finland will certainly grow significantly in the future. The solar energy plant located in Kalanti, Uusikaupunki, is our initial procurement of a ready-to-build solar project and among the biggest in Finland. The industrial-scale solar energy plant is an enhancement to our manufacturing of residential, emission-free energy, while also increasing our energy self-sufficiency. Increasing the quantity of electrical power created by solar power additionally supports our goal to be carbon neutral by 2030 and the transition towards a decentralised power system, where energy is produced from different resources," says Helen's M&A Director Jenny Söderman.

ib vogt has been energetic in the Finnish market considering that 2020, accumulating capabilities to implement as well as proactively creating projects in the country.

Headquartered in Berlin, Germany, ib vogt has actually developed numerous offices throughout Europe, Asia Pacific, the Americas, and also Africa as part of its existence in over 30 nations. The company interacts with numerous companions worldwide, increasing its internal team of over 600 personnel. ib vogt has actually developed or has in construction greater than 2.9 GW of PV power plants internationally with a project pipeline of greater than 40 GWp.

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