Eesti Energia has secured EUR584,950 (US$577,645) in state funding from Enterprise Estonia and KredEx for the development of the 225 MW pumped hydroelectric power plant project located in Ida-Virumaa, Estonia.
The project is currently under preliminary assessment for the environmental effect which is expected to be completed by Q1 of 2023. The preliminary design is expected to be done by the of the same year with a target investment decision to be made in the first half of 2024.
Eesti Energia targets to start the commercial operation of the plant in 2026.
Country updates
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August 12, 2022
Eesti Energia plans to build 225 MW pumped hydro project in Ida-Virumaa
Eesti Energia plans to build a 225 MW pumped hydroelectric power plant project in the industrial area of Ida-Virumaa, Estonia. The company has started the preliminary design and environmental imp...
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July 29, 2022
Enefit Green signs deal to acquire 235 MW wind projects in Parnu County
Enefit Green AS has signed a deal for the sale of two wind projects with a combined capacity of 235 MW for EUR26.9 million (US$27.25 million) from Eesti Energia. The two projects are the&n...
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June 02, 2022
Enefit Green takes FID for 32 MW solar and wind hybrid project in Purtse
Enefit Green AS, an Estonian renewable energy producer, has taken the final investment decision (FID) on the 32 MW solar photovoltaic project located in Purtse, in Ida-Viru, Estonia. The t...
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February 25, 2022
Vestas to supply five turbines for 21 MW Purtse wind project in Ida-Viru
Enefit Green AS has awarded Vestas a EUR20 million (US$22.4 million) wind turbine delivery contract for a 21 MW project in Estonia. Enefit has placed an order for five 4.2 MW turbines for the Purtse...
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April 09, 2021
Pondera conducts environmental impact assessment of 1 GW Saaremaa offshore wind project in the Baltic Sea
Pondera has been mandated by Saare Wind Energy to conduct its environmental impact assessment of the Saaremaa offshore wind farm in Estonia. The wind farm is expected to consist of a maximum of 100 tu...
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