Better Energy targets 1 GW of solar in Finland with local partner

Danish renewable energy company Better Energy on Wednesday said it has formed a partnership with Finnish solar developer Forus with the aim of building more than 1 GW of solar power in Finland.

Better Energy plans to fund, construct, operate and own the solar parks. The Danish firm said the Finnish pipeline will add to its activities in Denmark, Poland and Sweden with a total pipeline of 7 GW.

The partnership comes after on May 14 Russia stopped electricity supplies to Finland, which further increased electricity prices.

Better Energy expects accelerated activities in Finland in the coming years. It pointed out that the country is currently a net importer of electricity, while solar is one of the cheapest forms of energy and also the fastest to deploy.

“Locally produced, clean, sustainable energy is critical not only for our climate and environment but also to European security policy,” said Better Energy chief executive Rasmus Lildholdt Kjær.

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