Fingrid

Caverion to implement three power line projects for Fingrid - will safeguard electricity transmission and security of supply in the Helsinki region

Retrieved on: 
Thursday, November 9, 2023
Fingrid, Caverion, Microsoft, Fortum, Electricity, Optical ground wire, OPGW, KV, Electric power

VANTAA, Finland, Nov. 9, 2023 /PRNewswire/ -- Fingrid Oyj has chosen Caverion to implement three power line projects in the Helsinki metropolitan area. The total value of the projects is EUR 8.5 million.

Key Points: 
  • VANTAA, Finland, Nov. 9, 2023 /PRNewswire/ -- Fingrid Oyj has chosen Caverion to implement three power line projects in the Helsinki metropolitan area.
  • In addition, Caverion will build 2 x 110 kV power lines between Kopula and Hankasalo and implement power line alterations in Nurmijärvi.
  • The projects are significant for electricity transmission and security of supply in the Helsinki metropolitan area, and they will contribute to achieving Espoo's climate objectives.
  • "The projects safeguard electricity transmission in the Helsinki metropolitan area, as well as the supply of power to data centres being built.

Caverion chosen as the maintenance service provider for Fingrid's reserve power plants - ensuring the functionality of the electricity network including in exceptional situations

Retrieved on: 
Thursday, October 19, 2023
Fingrid, Power station, Plant, Electricity, Maintenance, Corporation, Caverion

HELSINKI, Oct. 19, 2023 /PRNewswire/ -- Caverion will be responsible for the operation and maintenance of the power plants starting from 1 January 2024. Operationally reliable and well-maintained reserve power plants make it possible to secure society's electricity supply during disruptions. The reserve power plants are used only in exceptional situations and, as a rule, only for short periods of time. Reserve power plants are not used for commercial electricity production. 

Key Points: 
  • Caverion Corporation Investor news 10 October 2023 at 11.00 a.m. EET
    Fingrid Oyj has chosen Caverion as the operation and maintenance service provider for its eight reserve power plants.
  • Operationally reliable and well-maintained reserve power plants make it possible to secure society's electricity supply during disruptions.
  • The reserve power plants are used only in exceptional situations and, as a rule, only for short periods of time.
  • Committed and professional people at the reserve power plants ensure the reliable use of the plants in exceptional situations.

EQS-News: ABO Wind has become leading wind project developer in Finland

Retrieved on: 
Tuesday, October 17, 2023
Annual report, Farm, News, NTR plc, Wind, Government, Carbon, Wind power in the European Union, ABO, Growth, Vestas, NTR, L&G, Security (finance), Renewable energy, Fingrid

ABO Wind has reached two milestones in Finland and further strengthened its position in one of the largest wind energy markets in Europe.

Key Points: 
  • ABO Wind has reached two milestones in Finland and further strengthened its position in one of the largest wind energy markets in Europe.
  • In addition, with a project pipeline of around 5.5 gigawatts, ABO Wind has risen to become the country's leading wind project developer, according to the annual report of the Finnish Wind Power Association.
  • ABO Wind has been active in Finland since 2013 and has now realized twelve wind farms in the Nordic country.
  • ABO Wind is dedicated to supporting Finland's renewable energy industry, with a particular focus on onshore wind power.

Caverion to renew Fingrid's power lines in Northern Ostrobothnia, Finland - increasing the capacity of the electricity network in the green transition

Retrieved on: 
Monday, July 10, 2023
Siikajoki, Caverion, Electricity, Fingrid, Investment, KV, Renewable energy

HELSINKI, July 10, 2023 /PRNewswire/ -- Caverion Corporation Investor news 10 July 2023 at 2.00 p.m. EEST

Key Points: 
  • HELSINKI, July 10, 2023 /PRNewswire/ -- Caverion Corporation Investor news 10 July 2023 at 2.00 p.m. EEST
    Caverion to renew Fingrid's power lines in Northern Ostrobothnia, Finland - increasing the capacity of the electricity network in the green transition
    Caverion has signed a contract for the renewal of power lines with Finland's transmission system operator Fingrid.
  • The project covers the renewal of approximately 27 km of a 110 kV power line between Siikajoki and Liminka in Northern Ostrobothnia.
  • In addition, a new, approximately 10 km long 2 x 110 kV power line will be built.
  • Some of the power lines need to be renewed, and new ones have to be built.

Caverion implements a power line project for Fingrid in Central Finland - increasing security in future electricity transmission capability

Retrieved on: 
Wednesday, July 5, 2023
Caverion, Electricity, Ageing, Investment, KV, Renewable energy, Kauppila, Fingrid

HELSINKI, July 5, 2023 /PRNewswire/ -- Caverion Corporation Investor news 5 July 2023 at 10.00 a.m. EEST

Key Points: 
  • HELSINKI, July 5, 2023 /PRNewswire/ -- Caverion Corporation Investor news 5 July 2023 at 10.00 a.m. EEST
    Caverion will build a new 110 kV power line to replace an aged power line from Kauppila to Joroinen in Central Finland.
  • "In order to secure future power transmission capability, Fingrid will replace several power lines.
  • The project includes the demolition of the old power line and replacing the old wooden power line columns with new steel columns.
  • The functionality of the grid and power transmission play a key role in offering clean electricity for consumption and industrial investments in Finland.

Plug Power Makes Major Strategic Move into Finland’s Green Hydrogen Economy with its Proven PEM Electrolyzer and Liquefaction Technology

Retrieved on: 
Tuesday, May 30, 2023
Port of Kokkola, Partnership, EU, Business Finland, IDEC, Hydrogen, Methanol, Policy, EVP, Electricity, Port, AG, TPD, Carbon, 2016 United Nations Climate Change Conference, CDPQ, Wind, Government, Coal, Development, EIT, FID, Microsoft, Fingrid, Investment, DRI, Ammonia, Engineering, Port of Kilpilahti, Growth, Senvion, Transport, Economics, Renewable energy, Primetals Technologies, Gasgrid Finland, Engie, Plug

Kokkola, Finland: This site is expected to generate 85TPD of liquid green hydrogen, and up to 700 kt of green ammonia per year, using 1GW of electrolyzers.

Key Points: 
  • Kokkola, Finland: This site is expected to generate 85TPD of liquid green hydrogen, and up to 700 kt of green ammonia per year, using 1GW of electrolyzers.
  • The liquid green hydrogen will be produced for local use and for export to western Europe from the Port of Kokkola.
  • “In Kristinestad, we have been working for a long time on developing green energy through wind power, solar power, and hydrogen.
  • Plug’s planned green hydrogen production sites are expected to create around 1,000 direct jobs and over 3,000 indirect jobs, significantly boosting the local economy.

Insider information: Merus Power receives a 20-million-euro order to supply a large battery energy storage system to Taaleri Energia

Retrieved on: 
Wednesday, February 8, 2023
Project, Transmission system, Transmission system operator, Energia, Renewable energy, Electricity, Wind, Plant, Electronics, Preqin, Software, Engineering, Knowledge, Growth, Taaleri, Nasdaq Helsinki, Electric battery, Fingrid

The battery energy storage is to be built in Lempäälä, Finland to support the operation of the electric grid.

Key Points: 
  • The battery energy storage is to be built in Lempäälä, Finland to support the operation of the electric grid.
  • This investment is about 20 million Euros and includes the possibility of increasing the size of the energy storage system in the future.
  • The energy storage will capacity-wise be Finland's largest energy storage operating in the frequency reserve market.
  • Taaleri Energia manages 4.9 GW of development, construction, and operational phase wind, solar, and energy storage portfolios in Europe, the USA, and the Middle East.

CGI and Fingrid go live with Datahub, providing Finnish citizens a smarter, cleaner and more flexible energy system

Retrieved on: 
Wednesday, March 9, 2022
CGI, Electricity, Industry, Fingrid, Hydrogen, GIB, Metre, CMS, Data management, System, NYSE, Climate change, Consultant, Solution, Technology, KX, TSX, Water, Organization, CEO, Risk management

It represents a major step in Finland's journey toward a smarter, cleaner and more flexible energy system.

Key Points: 
  • It represents a major step in Finland's journey toward a smarter, cleaner and more flexible energy system.
  • Centralizing approximately 3.8 million energy data points on a single platform accelerates the speed of information exchange.
  • Fingrid and CGI worked seamlessly as a team, along with retail electricity market parties in Finland, to build Datahub.
  • CGI Fiscal 2021 reported revenue is $12.13 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB).

Wind power production continues to grow: Caverion enabling the connection of significant wind power production to the national grid in Finland

Retrieved on: 
Thursday, September 16, 2021
Wind, Fingrid, Investment, Caverion, Engineering, Growth, Electricity, Maintenance, EPC, Electric power industry

The substation will support the growth of wind power production and enable the connection of more than 600 MW of wind power to the grid.

Key Points: 
  • The substation will support the growth of wind power production and enable the connection of more than 600 MW of wind power to the grid.
  • Caverion will act as EPC contractor (Engineering, Procurement and Construction) for the substation main project.
  • Most of Finland's wind power is located in North Ostrobothnia and, thanks to the region's excellent wind conditions, more and more wind power capacity is being planned and built in the area.
  • In addition to enabling the connection of new wind turbines to the grid, the new substation will improve the operating conditions for existing wind power production in the surrounding area.

Nokia to transform Finland’s nationwide smart grid for better support of renewable energy

Retrieved on: 
Tuesday, December 3, 2019
Articles, Energy, Electrical engineering, Energy policy, Smart grid, Fingrid, Nokia, Electric power transmission, Scada, Renewable energy, Microgeneration

The new smart grid will be better able to seamlessly integrate variable renewables such as solar, wind and micro-generation from bioenergy.

Key Points: 
  • The new smart grid will be better able to seamlessly integrate variable renewables such as solar, wind and micro-generation from bioenergy.
  • The Nokia network will also support all current and legacy grid control applications including SCADA, teleprotection and current differential protection.
  • Espoo, Finland Nokia today announced that it has been selected by Fingrid, Finlands national transmission system operator, to build an IP/MPLS network to support the digital transformation of its national electrical grid.
  • As one of Europes leading users of renewable energy, Finlands power transmission network is constantly being upgraded in order to meet the changing character of energy generation.