Statkraft has entered a 10-year power purchase agreement (PPA) with Telenor. The deal aims to provide the telecommunications company with renewable energy from the Palokangas wind project via a guaranteed power supply in the Ostrobothnia region, Finland. The wind farm is operated by Exilion Tuuli and is scheduled to be operational in late 2024. The farm is composed of 12 turbines and will provide 85 GWh of energy annually, covering 80% of Telenor's electricity needs.
The PPA will ensure that Exilion Tuuli's wind farm will receive financial security while allowing Telenor to have a constant and predictable supply of renewable energy.
Exilion currently owns 14 wind farms. The company operates 380 MW of operational clean wind capacity, equivalent to one-sixth of Finland’s total capacity. This corresponds to the annual electricity consumption of 55,360 single-family houses.
Country updates
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June 29, 2023
Glennmont to develop 30 MW battery storage project in Pyhäntä
Glennmont Partners has collaborated with Alfen and Ilmatar to construct a 30 MW battery storage project located in Pyhäntä, Central Finland. Beginning construction in May 2023, the project i...
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June 22, 2023
Ilmatar Energy plans 230 MW solar projects in Joroinen
Ilmatar Energy plans to build two solar photovoltaic (PV) projects with a combined capacity of 230 MW which will be constructed in the municipality of Joroinen in Finland. The two sol...
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June 12, 2023
Vestas secures 161 MW order for two Finnish wind projects
Vestas has been awarded an engineering, procurement and construction (EPC) contract to build two wind projects in Finland owned jointly by Neoen and Prokon. The projects are the 105 MW Storbötet...
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June 07, 2023
Suvic to construct foundations and the internal grid for the extension of the Lappfjärd wind farm
Suvic has been awarded the contract to build the foundations and the internal grid for the extension of the Lappfjärd wind farm which includes eight foundations and an internal grid. S...
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June 01, 2023
Renantis signs PPA with Amazon for 59 MW wind projects in Karstula
Renantis has signed a Power Purchase Agreement (PPA) with Amazon for the energy supply from two of Renantis’ onshore wind farms located in Karstula, Central Finland. Upon completion, the 59 MW M...
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