Electricity News in Finland

S&P Global Ratings has downgraded its ratings on Fingrid Oyj to ‘A+/A-1’, outlook stable
2/14/2024 - International rating agency S&P Global Ratings (S&P) has lowered its long-term and short-term ratings on Fingrid to ‘A+/A-1’ from ‘AA-/A-1+’. The outlook is stable. Fingrid’s ‘A+’ rating incorporates ...
Enersense selected as the main contractor to upgrade Fingrid’s network in Harjavalta
2/5/2024 - Enersense, a provider of zero-emission energy solutions, has won Fingrid’s public bidding process to build three new 110 kV substations in the Harjavalta area. The substations will be built as gas ins...
Danfoss acquires 1500 VDC converter technology and team to extend electrification portfolio
2/2/2024 - Danfoss Drives has acquired 1500 VDC converter technology from Ampner Oy, with plans to scale up its advanced electrification portfolio within energy storage.

Danfoss Drives is a global front...
Tampereen Energia selected Caverion to deliver a biopower plant pipeline project in Finland
1/22/2024 - Caverion will implement a pipeline project for the new heat recovery plant at the Naistenlahti 3 biopower plant in Tampere, Finland. The project will commence in February, and it will be handed over t...
Betolar starts commercial side stream study of fly ash from Eesti Energia's power plant
12/19/2023 - Betolar will start a side stream study commissioned by Eesti Energia to explore the use of ash from oil shale combustion as a binding agent in concrete. This would make it possible to replace cement i...
Wärtsilä launches Quantum High Energy storage system with advanced safety features & energy density
11/27/2023 - Technology group Wärtsilä has launched Quantum High Energy (QuantumHE), a next-generation energy storage system with advanced safety features and enhanced energy density, furthering its industry-leadi...
Technical Capacity of Balticconnector Interconnection Point will be Increased
11/22/2023 - The Transmission System Operators of the Finnish-Baltic region (hereinafter referred to as the TSOs) have actively undertaken infrastructure projects with the aim of increasing capacities in the regio...
Caverion to Implement Three Power Line Projects for Fingrid
11/9/2023 - Fingrid Oyj has chosen Caverion to implement three power line projects in the Helsinki metropolitan area. The total value of the projects is EUR 8.5 million.

The projects include power lin...
Fortum and NESA Agree to Reserve the Production of Meri-Pori coal-fired Power Plant
10/30/2023 - Fortum and the National Emergency Supply Agency, Huoltovarmuuskeskus (NESA) have signed an agreement under which NESA reserves the production of the Meri-Pori coal condensing power plant for severe di...
Enersense Continues as Fingrid’s Partner for Substation and Power Line Maintenance
10/2/2023 - Enersense, a provider of zero-emission energy solutions, has been chosen, in a public procurement tendering, as one of Fingrid’s partner for maintenance services for its substations and power lines in...
Eltel Builds Transmission Line in Finland to a Value of about EUR 23 million
9/29/2023 - Eltel Finland has signed an agreement with Fingrid, Finland’s national transmission system operator, to build a 74 km long transmission line. The contract is worth about EUR 23 million.

Th...
NIB Finances Electricity Distribution and District Heating in Finland
9/28/2023 - The Nordic Investment Bank (NIB) has signed a 10-year loan with Finnish energy company Keravan Energia Oy to co-finance the company’s investments in the electricity distribution and district heating n...
Axpo and Pilkington Automotive Sign Long-term PPA for Finnish Manufacturing Sites
9/25/2023 - Axpo and Pilkington Automotive Finland Oy, part of the NSG Group, a leading global innovator in glass manufacturing, have signed a long-term wind energy power purchase agreement (PPA), the companies a...
Kempower Opened New Facilities in Vaasa, Finland
9/22/2023 - Kempower has opened new facilities in Vaasa, Finland, including a new RDI Center
The focal point of Kempower’s operations in Vaasa is the development of high-power charging for electric trucks a...
Enefit Green’s New Wind Farm in Finland Delivered Its First Electricity to the Grid
8/25/2023 - The first wind turbine started producing green energy at Tolpanvaara wind farm of Enefit Green in northern Finland. With its 13 wind turbines, the wind farm will start generating electricity at full c...
Eltel Signs EUR 19 million Contract to Build Transmission line in Finland
7/20/2023 - Eltel Finland has signed an agreement with Fingrid, Finland’s national transmission operator, to build a 64 km long 400+110 kV transmission line. The contract is worth about EUR 19 million.

...
Kempower Signs European Sales & Service Agreement with GP JOULE CONNECT
7/13/2023 - • Kempower has signed a sales and service agreement with GP JOULE CONNECT, a leading full-service provider for new mobility.
• The partnership will cover the installation, operation, service, a...
Caverion to Renew Fingrid’s Power Lines in Northern Ostrobothnia, Finland
7/10/2023 - Caverion has signed a contract for the renewal of power lines with Finland’s transmission system operator Fingrid. The project covers the renewal of approximately 27 km of a 110 kV power line between ...
Caverion Implements Power Line Project for Fingrid in Central Finland
7/5/2023 - Caverion will build a new 110 kV power line to replace an aged power line from Kauppila to Joroinen in Central Finland. The customer in the project is Fingrid, Finland’s transmission system operator. ...
Caverion to Implement Expansion of Fingrid's Substation in Siuntio
7/3/2023 - Fingrid has selected Caverion to implement the Siuntio substation project, which will improve the operational reliability of the electricity network in the area.

“We are building, renewing a...

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