Swedish developer Alight plans to build a 90 MW solar park in southwestern Finland. The company says the announcement is a big step toward developing 1.5 GW of PV projects in the country by the end of this year.
The European Commission says it has started working on a new pilot mechanism, and Italy has agreed to expand collaboration with Austria and Germany, while also supporting cooperation between Italian companies and Finland’s Wärtsilä.
Solar projects across Finland have been given the green light after grant agreements were signed with the European Climate, Infrastructure and Environment Executive Agency. A total €27.5 million ($29.8 million) is being invested across the projects through the EU renewable energy financing mechanism.
Vantaa Energy plans to construct a 90 GWh thermal energy storage facility in underground caverns in Vantaa, near Helsinki. It says it will be the world’s largest seasonal energy storage site by all standards upon completion in 2028.
The Finnish startup says the funding will go towards several key purposes, including growing its sales and R&D teams and advancing capabilities in converting stored heat back to electricity.
Finnish startup Polar Night Energy is teaming up with a district heating company to construct an industrial-scale thermal energy storage system in southern Finland. The sand-based system will use soapstone, a byproduct from a fireplace manufacturer, as its storage medium.
Wood Mackenzie has urged policymakers and companies to focus on the full life-cycle emissions of hydrogen, while a European Commission has revealed that a European business mission will visit Mauritania in March to explore hydrogen investment opportunities.
Scientists from Finland have built an experimental system that allows the drying of woody biomass with solar thermal energy and a heat pump. They claim PV may play a complementary role in the proposed setup.
GM and Autocar Industries have agreed to jointly develop hydrogen-powered heavy-duty vehicles using GM’s Hydrotec power cubes, while European lawmakers have reached a provisional agreement on common market rules for renewable gases and hydrogen.
In the land of a thousand lakes and long, harsh winters, a surprising gold rush is under way – not for precious metals but for sunlight. Finland, often associated with its stunning natural landscapes, has become an unlikely contender in the global renewable energy market, particularly in the realm of solar power.
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