Alight Energy, 3Flash to build 120MW solar project in Finland

Facebook
Twitter
LinkedIn
Reddit
Email
Alight Energy's Linköping solar project in Sweden.
Alight Energy and 3Flash aim to commission the Aurinkopuisto project in 2027. Image: Alight Energy.

Swedish independent power producer (IPP) Alight Energy and Finnish project developer 3Flash have agreed to build a 120MW solar project in the Finnish town of Loviisa.

The companies submitted a planning application for the Aurinkopuisto project last week. They will begin work at the facility in early 2025, and expect to commission the project in 2027. Alight plans to “hold discussions with energy-intensive companies” for potential off-takers for the project’s power output, which will amount to around 155GWh per year.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

“In the big picture, our project supports Finland’s energy self-sufficiency and the achievement of climate goals,” said Alexander Rudberg, Alight’s country manager for Finland. “Next, we will continue discussions with companies interested in the power purchase agreement (PPA), who want to speed up their own sustainable development journey. Long-term contracts also ensure the financial profitability of the solar park.”

According to the Finnish Energy Agency, there was around 1GW of installed solar capacity in operation at the end of 2023, and Alight dubbed its latest project “one of the largest” commercial developments in the country. Over the summer, PV Tech Power looked at the solar sector of a number of European countries, including Finland, which was one of a number of countries to cross the 1GW of operating capacity threshold last year.

While solar power accounted for just 1% of Finland’s electricity supply in 2023, the government has a feed-in tariff scheme in place for new projects, and a target in its National Energy and Climate Plans (NECP) to install 2.8GW of capacity by 2030. Trade body SolarPower Europe, meanwhile, expects Finland to have around 3GW of operating capacity by the end of the decade.

Alight has a further 100MW of capacity in its Finnish pipeline, in the form of the Eurajoki project in the west of the country. More recently, the company has announced plans to develop a 2GW portfolio, alongside raising funds for a further 220MW of capacity, in Sweden, as it looks to expand its presence in the Nordic countries.

5 November 2024
10am GMT
FREE WEBINAR - Dr. Finlay Colville, Head of Research at PV-Tech, will revisit his two pivotal talks from the recent PV CellTech USA 2024 in the San Francisco Bay Area, offering an in-depth analysis of the PV manufacturing landscape. As the solar industry enters the Terawatt era, Dr. Colville will explore the technological advancements in recent years and what is set to unfold to the end of the decade.
26 November 2024
Málaga, Spain
Understanding PV module supply to the European market in 2025. PV ModuleTech Europe 2024 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
11 March 2025
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.
3 June 2025
Messe Stuttgart Stuttgart, Germany
Meet battery manufacturers, suppliers, engineers, thought leaders and decision-makers for a conference and battery tech expo focused on the latest developments in the advanced battery and automotive industries. Stay plugged in for all the latest information on The Battery Show Europe 2024 including: Keynote Speakers & Conference Overview Show Features Floor Plan & Exhibitor News Travel & Transport information

Read Next

November 5, 2024
The price of solar panels in Europe has declined for a sixth month in a row, according to the latest pv.index report.
November 1, 2024
Scatec has published its latest financial results, which include revenues of NOK2.97 billion (US$270 million) in the third quarter of 2024.
October 31, 2024
Spanish private equity firm BRUC has invested €2.26billion (US$1.34 billion) to build solar PV projects in the Spanish autonomous community of Andalusia.
October 31, 2024
Figures in the Energy Technology Perspectives 2024 (ETP-24) report show the global market for renewables will triple over the next ten years.
October 28, 2024
Oil and gas major bp has officially acquired solar PV developer Lightsource bp, securing the remaining 50.03% interest in the company.
October 25, 2024
The EIB has backed a solar plant in Croatia, Sonnedix advanced a project in Poland and Sunrock will build rooftop installations in Germany.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
November 12, 2024
San Diego, USA
Solar Media Events, Upcoming Webinars
November 13, 2024
4pm GMT / 8am PST
Solar Media Events
November 20, 2024
Zhuhai, China
Solar Media Events
November 21, 2024
London, UK