Finland’s Ilmatar wins help for 150 MW of photo voltaic as a part of hybrid undertaking

October 4 (Renewables Now) – Finnish renewables developer Ilmatar Vitality will create a big hybrid renewable vitality park in Finland because of EUR 19.5 million (USD 19m) of help awarded in the present day by the Ministry of Financial Affairs and Employment (MEAE).

Ilmatar is already constructing a 216-MW wind farm in Alajarvi. The grant will facilitate the addition of a 150-MWp photo voltaic park near the wind park and a 25-MW/50-MWh battery.

The wind farm might be constructed beneath market situations and with out subsidies with an funding of EUR 217 million, whereas the photo voltaic farm will value a complete of EUR 97.8 million.

“The hybrid park undertaking will make use of {the electrical} infrastructure constructed for wind energy within the park space. The mixture of various vitality era and storage options will deliver important synergy advantages, enhancing each land use and using gear,” chief government Juha Sarsama stated, including that photo voltaic and wind era usually steadiness one another.

The planning part for the undertaking will begin originally of 2023.

That is considered one of six clean energy projects that had been awarded a complete of EUR 99.8 million by MEAE beneath Finland’s Restoration and Resilience Plan.

The initiatives embrace yet one more photo voltaic farm, of 70 MW, with the ministry noting that these photo voltaic initiatives are considerably bigger than the present solar energy vegetation in Finland.

(EUR 1 = USD 0.976)

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