OX2 to build four subsidy-free windfarms in Finland

24 October 2018 (Last Updated October 25th, 2018 09:24)

Renewable energy projects developer OX2 is planning to construct four wind farms in Finland, which will have a combined clean energy generation capacity of more than 107MW.

OX2 to build four subsidy-free windfarms in Finland
OX2’s wind farm Raskiftet in Norway. Photo: Joakim Lagercrantz.

Renewable energy projects developer OX2 is planning to construct four windfarms in Finland, which will have a combined clean energy generation capacity of more than 107MW.

Featuring 25 wind turbines, the four windfarms are reported to be the largest subsidy-free wind power construction in the Nordic region.

The windfarm Ponsivuori will be built in Southern Ostrobothnia, Verhonkulma in south-west Finland, while Långmossa and Ribäcken will be developed in the Ostrobothnia region.

The construction of the four wind projects is financed by Ikea Retail Finland, which is part of Ingka Group.

Ikea Retail Finland will acquire these projects once they become operational in 2020.

“We want to have a positive impact on people and the environment by accelerating the transition to a low carbon economy.”

Ikea Retail Finland sustainability manager Jessica Lehtinen said: “We want to have a positive impact on people and the environment by accelerating the transition to a low carbon economy.

“One part of this commitment includes becoming energy independent by 2020 and with the investments in windfarms, we take a leap in efforts to produce as much renewable energy as our global units consume.”

OX2 is the current owner of the windfarms and the main contractor for the construction project. It will also manage the technical and commercial operation of the windfarms in Finland.

With an estimated production of approximately 360GWh a year, the windfarms will be equipped with Nordex’s N149 4MW-4.5MW wind turbines.

Previously, OX2 sold four windfarms to Ingka Group, with three of theses located in Sweden and one in Finland.