Lumivaara II Wind Farm is a 55.8MW onshore wind power project. It is planned in Kainuu, Finland. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the under construction stage. It will be developed in a single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2025. Buy the profile here.
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Description
The project is being developed and currently owned by Neoen and Prokon Wind Energy Finland. The company's ownership stake in the project stands as 80% and 20% respectively.
Development status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2025.
Power purchase agreement
The power generated from the project will be sold to Equinix under a power purchase agreement for a period of 10 years. The offtake capacity is expected to be 44.64MW.
Contractors involved
Vestas Wind Systems is expected to render engineering procurement construction services for the wind power project.
Vestas Wind Systems will be the turbine supplier for the wind power project. The company is expected to provide 9 units of V162-6.2 MW turbines, each with 6.2MW nameplate capacity.
Vestas Wind Systems is expected to perform operations and maintenance for the wind power project for a period of 20 years.
For more details on Lumivaara II Wind Farm, buy the profile here.
About Neoen
Neoen SA (Neoen) is a renewable energy company that designs develops and constructs project management, finance and maintenance of renewable energy power plants. The company generates electricity from various renewable energy sources including solar, wind and biomass. It designs and deliver integrated energy solutions to accelerate the energy transition. The company services include virtual battery services, project management, operations and others. It operates in Ireland, Australia, Portugal, France, Mexico, El Salvador, Argentina, Zambia, Finland, Mozambique, Finland and Sweden. Neoen is headquartered in Paris, Ile-de-France, France.
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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
