Puutikankangas Wind Farm is a 44MW onshore wind power project. It is planned in Northern Ostrobothnia, 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 2021 and is expected to enter into commercial operation in 2023. Buy the profile here.
Description
The project is being developed by OX2 and Renewable Power Capital. The project is currently owned by Renewable Power Capital with a stake of 100%.
The project is expected to generate 150,000MWh electricity and supply enough clean energy to power 30,000 households. The project cost is expected to be around $72.688m.
The turbines that are getting installed on the project will be using Hybrid towers.
Development status
The project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by 2023.
Power purchase agreement
The power generated from the project will be sold to Elisa under a power purchase agreement for a period of 10 years, starting from 2023.
Contractors involved
OX2 is expected to render engineering procurement construction services for the wind power project.
GE Renewable Energy will be the turbine supplier for the wind power project. The company is expected to provide 8 units of GE-158-5.5 turbines, each with 5.5MW nameplate capacity.
For more details on Puutikankangas Wind Farm, buy the profile here.
About OX2
OX2 AB (OX2), formerly OX2 Wind AB, a subsidiary of Peas Industries AB, is a Swedish renewable energy company that develops renewable energy plants. The company develops, builds, finances, and manages renewable energy plants. Galatea-galene, riberget, and klevberget are OX2 projects. The company is headquartered in Stockholm, Sweden
About Renewable Power Capital
Renewable Power Capital Ltd (RPC) is a renewable energy investment platform that invests in the development, construction, and long-term ownership of solar, onshore wind and battery storage projects. RPC is headquartered in London, Greater London, the UK.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
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.
