Better Energy, Forus partner to develop 1GW of solar PV in Finland

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
Better Energy has a 7GW portfolio, mostly focused in the Nordic states and Poland. Image: Better Energy

Danish developer Better Energy has partnered with Finish solar company Forus to develop more than 1GW of solar PV in Finland.

Better Energy will fund, construct, operate and own the solar power plants in Finland, drawing on Forus’ “extensive local knowledge, as they will service [sic] as the point of contact to landowners and spearhead the development of projects”, Better Energy said in a media statement.

Newly formed independent power producer (IPP) Better Energy has been a part of the development and construction of more than 100 solar parks and has a total project pipeline of 7GW, mostly focused in the Nordic states.

“Better Energy is the best possible partner for us,” said Forus CEO Eero Oksanen. “Finland could produce over 5 times its need of power with wind and solar. Nordics should take bigger responsibility for the energy production of Europe.”

This is particularly stark in light of recent geopolitical events. Finland’s bid to join NATO resulted in Russian state-owned RAO Nordic cutting off the electricity export to Finland, causing already high electricity prices to rise even further, Better Energy said.

“Locally produced, clean, sustainable energy is critical not only for our climate and environment but also to European security policy. We need to move towards energy independence and away from coal, oil and gas from authoritarian regimes,” said Better Energy CEO Rasmus Lildholdt Kjær.

PV Tech Premium has examined how Russia’s invasion of Ukraine could reshape Europe’s energy apparatus as the bloc scrambles to rid itself of its reliance on Russian gas imports, responsible for nearly half the EU’s power generation.

4 October 2022
Solar & Storage Finance USA, the only event that connects developers to capital and capital to solar and storage projects, will be back in November 2022.

Read Next

PV Tech Premium
July 1, 2022
PV Tech Premium spoke with Cypress Creek Renewable Energy and AES Clean Energy to discuss the newly formed US Solar Buyer Consortium, its objectives, market challenges and the potential advantages it holds for US manufacturing and project development.
June 30, 2022
Voltalia has started the development of a cluster of solar PV projects in Brazil with a planned combined capacity of 1.5GW.
June 29, 2022
A round-up of the latest news from the US solar market, including EDF Renewables selling its 270MWdc Huck Finn Solar Project to a local utility, CS Energy partnering to deliver New York community solar and NextEnergy Capital expanding its US presence.
June 29, 2022
The US solar industry added 17,212 jobs in 2021, up 5.4% on 2020 figures, with 40% of all US energy jobs now focused on the transition to a net zero economy, according to the Department of Energy’s (DOE) US Energy and Employment Report (USEER).
June 29, 2022
Spanish independent power producer (IPP) Opdenergy is planning to launch an initial public offering (IPO) to finance its target of reaching 3.3GW of renewables assets in operation and under construction by 2025.
PV Tech Premium
June 28, 2022
Solar and energy storage were described by Elon Musk as going together “like peanut butter and jelly”. Andy Colthorpe meets some of the players creating this winning combination in the US.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 4, 2022
New York, USA
Solar Media Events
October 11, 2022
Virtual event