PPA signed for 100 MW Solar PV project in Finland

Alight, a leading Nordic solar developer and independent power producer, and Autoliv have signed a power purchase agreement (PPA) to build a 100 MWp solar park in Eurajoki, Finland.

Under the cross-border PPA, Alight will finance, construct, own, and operate the solar facility, while Autoliv will contract a majority of the clean electricity produced to secure a long-term supply at a stable, low price. This collaboration enables the addition of new renewable energy capacity to the Finnish grid, while also advancing Autoliv’s sustainability ambitions.

Alight recently secured EUR46 million (US$50.37 million) of senior debt from SEB and ABN AMRO to finance the solar park. When operational in 2026, it is projected to produce 100 GWh annually, equivalent to the electricity needs of approximately 20,000 households.