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Country summary: Finland

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Finland - recent news

25 Feb 26
Finland: Statkraft signs contract with OX2 to optimize large-scale batteries in Finland
Statkraft and Swedish developer OX2 have signed a seven-year, 235-MW battery energy storage agreement in Finland. This is Statkraft’s largest BESS PPA in the Nordics to date.
14 Jan 26
Finland: Magnora reaches 10 GW project portfolio target adding high value assets
As of 8 January, Magnora’s portfolio of development projects reached 10 GW following the formal consent of a Finnish municipality to go forward with a near-term data center project.
08 Jan 26
Finland: Magnora secures a third data center project, adding 120 MW, in the Helsinki - Tampere area
Magnora, a renewable-energy group developing data center, wind, solar and battery projects, is joining as majority owner in an ongoing data center project in Finland, expanding its portfolio with a project for a high-density, AI-ready 120 MW facility.
16 Dec 25
Finland: Vestas announces three orders for a total of 277 MW with EnVentus wind turbines in Finland
Vestas has announced three orders for a total of 277 MW with EnVentus wind turbines in Finland. Delivery and commissioning is planned to begin Q2/Q3 2027.
03 Dec 25
Finland: Enefit Green divests Tolpanvaara Wind Farm to TD Greystone Infrastructure Fund and Rabbalshede Kraft AB
Enefit Green has signed an agreement to sell its Tolpanvaara wind farm in Finland to TD Greystone Infrastructure Fund, marking a strategic step in focusing on the Baltics and Poland markets.

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