RPC's Solar Expansion: 1 GW Development Pact in Finland

Mar 28, 2024 11:37 AM ET
  • Renewable Power Capital makes a powerful entrance into the Finnish solar market with a 1-GW development pact with Aurinkokarhu Oy. Exciting times ahead for renewable energy in Finland!

Renewable Power Capital (RPC) has signed its first solar deal in Finland with a 1-GW development pact with solar developer Aurinkokarhu Oy. The partnership aims to deploy up to 1 GW of new solar capacities in Finland, with the first projects expected to be ready for construction by 2026 and operational by 2028. RPC already has 170 MW of operational onshore wind and 50 MW of battery storage systems in Finland.

Aurinkokarhu, founded in 2022, recently partnered with French IPP Smart Energies to develop smaller-scale solar projects in South and West Finland. RPC's entry into the Finnish solar market follows its expansion into the Finnish and Italian battery storage markets, demonstrating the company's commitment to renewable energy development in Europe.

What is RPC's first solar deal in Finland and with whom?

  • RPC's first solar deal in Finland is a 1-GW development pact with solar developer Aurinkokarhu Oy
  • The partnership aims to deploy up to 1 GW of new solar capacities in Finland
  • The first projects are expected to be ready for construction by 2026 and operational by 2028
  • RPC already has 170 MW of operational onshore wind and 50 MW of battery storage systems in Finland
  • Aurinkokarhu, founded in 2022, recently partnered with French IPP Smart Energies to develop smaller-scale solar projects in South and West Finland
  • RPC's entry into the Finnish solar market follows its expansion into the Finnish and Italian battery storage markets, showcasing the company's dedication to renewable energy development in Europe.

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