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Wind Power

Friday
25 Sep 2020

Vattenfall, Glennmont Sign Piiparinmaki Balancing Deal

25 Sep 2020  by RE News   
Vattenfall has signed an agreement with European clean energy investor Glennmont Partners to provide balancing services for what will be Finland’s biggest wind farm when it enters operation.

The multi-year deal is for the subsidy-free 211MW Piiparinmaki wind farm, which Glennmont Partners acquired from Ilmatar Energy in September last year.

The project is located in central Finland near Kajaani and will have 41 Vestas turbines, comprising 13 V150-4.2MW and 28 V150-5.6MW machines.

When operational, Piiparinmaki will have an estimated yearly production of approximately 700 gigawatt-hours and will supply the Nordic Nord Pool.

Vattenfall Nordic sales and origination director Johan Hagsten said: “We are very happy to be a part of this project and expand our presence in Finland.

“Due to our long experience in Finland and a diversified portfolio over Nordic countries, we believe that we are in a good position in the area to be able to provide for the future need of necessary physical and financial services to wind power market players.”

Glennmont Partners’ Peter Dickson added: “We are delighted to secure this long-term partnership for the Piiparinmaki wind farm in Finland with Vattenfall, a leading global player in this market.

“Piiparinmaki is our largest onshore wind investment to date and represents a key strategic milestone for Glennmont’s operations in the Nordic market. We expect our presence in this type of clean power generation to increase over the coming years.

Google will purchase a significant portion of the total production from Piiparinmaki, as previously communicated by Glennmont.

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