Wärtsilä has been selected to deliver the front-end engineering design (FEED) for the liquefaction and storage of liquefied synthetic methane (LSM) at a plant in Finland a joint venture between Germany’s Prime Green Energy Infrastructure Fund and CPC Finland Oy aims to establish a state-of-the-art Power-to-X plant in Kristinestad considered a pioneer in Finland’s sustainable energy transition will boast an impressive capacity of 200 MW Its primary function will be to convert green electricity into hydrogen and sustainable LSM Anchoring its commitment to emissions-free renewable energy comprising up to 500 MW of wind power and 100 MW of photovoltaic power will serve as the primary energy source for the plant Koppö Energia board member Thomas Zirngibl expressed confidence in Wärtsilä’s selection "We conducted a meticulous selection process before awarding the FEED agreements for our energy transition project Wärtsilä Gas Solutions is globally recognised as a leader in advanced liquefaction and storage solutions and its expertise in this field will be an invaluable contribution to the success of the project." Wärtsilä Gas Solutions sales and business development manager Trond Inge Flønes affirmed the company’s dedication to decarbonising energy production "We are honoured to have been chosen to participate in this esteemed project green hydrogen will undoubtedly play an increasingly pivotal role we are actively involved in the research and development of sustainable fuels and we firmly believe that Power-to-X technologies will significantly shape the future of the energy transition." The energy produced in Kristinestad will be further processed into LSM offering a clean and sustainable fuel alternative for heavy transport An investment decision for the project is expected to be announced in early 2024 The trailblazing project has already garnered international recognition having been bestowed with the prestigious Power-to-X Innovation Award at the Tamarindo Global Wind Investment Awards earlier this year Riviera Maritime Media’s LNG Shipping & Terminals Conference will be held 14-15 November 2023 in London, UK. Use this link for further information and to register your interest Technology group Wärtsilä will provide the front-end engineering design (FEED) for the liquefaction and storage of liquefied synthetic methane (LSM) The plant is to be built by Koppö Energia Oy a joint venture company between Germany’s Prime Green Energy Infrastructure Fund and CPC Finland Oy The Power-to-X plant represents a leading Finnish sustainable energy transition project It will have a capacity of 200 MW and will convert green electricity into hydrogen and sustainable LSM Up to 500 MW of wind and 100 MW of photovoltaic power will be developed under the Koppö Energy Cluster to supply the plant with completely emission-free renewable energy “We conducted a diligent selection process before awarding the FEED agreements for our energy transition project and their expertise in this field will be an important contribution to the success of the project,” said Thomas Zirngibl “Wärtsilä is committed to decarbonising energy production so we are naturally proud and pleased to have been selected to participate in this important project we expect green hydrogen to play an increasingly relevant part Our company is also heavily involved in the research and development of alternative sustainable fuels and we see Power-to-X technologies playing a growing role in the energy transition towards a future where renewable energy becomes increasingly important,” says Trond Inge Flønes The green hydrogen produced in Kristinestad will be converted into LSM to be used as a sustainable fuel for heavy transport The investment decision for the plant is expected to be made in the beginning of 2024 the project was awarded the Power-to-X Innovation Award at the Tamarindo Global Wind Investment Awards ceremony Wärtsilä Gas Solutions is a market leader with innovative systems and lifecycle solutions for the gas value chain Our main focus areas are the handling of gas in seaborne transport (storage We help our customers on their journey towards a sustainable future through a focus on lifecycle performance Media contact for more information on this release: All Wärtsilä releases are available at https://www.wartsila.com/media/news-releases and at http://news.cision.com/wartsila-corporation where also the images can be downloaded. TransportINTERVIEW | This is why we're producing e-methane from green hydrogen even though it's so inefficientBackers of 200MW Finnish Power-to-X project believe that it can capitalise on Germany’s enthusiasm for alternative transport fuels Fortum logoFortum logoFortum FORTUM CORPORATION INVESTOR NEWS 22 DECEMBER AT 16:30 EET The joint team of Fortum and Uniper for wind and solar businesses in Europe is launching its first project. Fortum has made an investment decision to start the construction of the 380-megawatt Pjelax-Böle and Kristinestad Norr wind parks in Närpes and in Kristinestad, Finland in partnership with the Finnish energy company Helen Ltd. Fortum and Helen have also signed a long-term electricity sales agreement (PPA, power purchase agreement) according to which Helen is to purchase approximately half of the power generation from the Pjelax-Böle and Kristinestad Norr wind parks. Fortum's and Uniper’s business model for wind and solar consists of development, construction, asset management as well as partnerships and other forms of co-operation. “We are extremely pleased to announce our partnership with Helen and our first joint wind park project with Uniper. This is an important step in implementing our Nordic wind strategy and we will continue to build on our long-standing expertise to grow in carbon free power generation,” says Simon-Erik Ollus, Executive Vice President of Fortum’s Generation division. “It’s great to be involved in investing in another wind farm project in Finland. This investment will triple Helen’s wind power production. Helen’s target is carbon-neutral energy production in 2030. Wind power is one of a number of means of achieving the carbon neutrality target in a profitable way,” says Helen’s CEO Juha-Pekka Weckström. Ingela Ulfves, VP, IR and Financial Communications © Fortum 2025 News release from Vestas Northern and Central Europe Hamburg Vestas has received a 50 MW order to power Prime Capital AG’s Lappfjärd Extension project in Kristinestad and commissioning of eight V162-6.2 MW turbines as well as a 20-year Active Output Management 5000 (AOM 5000) service agreement designed to ensure optimised performance of the asset This order is an extension of the Lappfjärd project which was completed in the fourth quarter of 2022 and features 31 wind turbines of the same type marking the first time Vestas deployed the V162-6.2 MW variant “After the successful and timely completion of wind farm Lappfjärd with 31 EnVentus turbines in 2022 we are grateful to the municipality of Kristinestad for the fast permitting of further eight wind turbines which Vestas will install equally fast already in 2023 We are looking forward to extending our cooperation with Vestas on this project which will support the power supply to Prime Capital`s ambitious green hydrogen project in Kristinestad Vestas and Prime Capital will explore the development of the Lappfjärd project as a showcase for innovative grid services that will support the secure operation of the Finnish power grid,” says Andreas Schmid “We are thrilled to deliver the turbines already this year and to work again with our long-time partner Prime Capital,” says Nils de Baar President of Vestas Northern & Central Europe "The industry-leading V162-6.2 MW EnVentus turbine was the perfect choice for Lappfjärd highlighted by the expansion with the same model and the project also shows the mutual trust between Vestas and Prime Capital." The delivery and installation of the wind turbines are expected to begin in the third quarter of 2023 with commissioning scheduled for the fourth quarter of 2023. For more information, please contact: Yannick Kramm External Communications Specialist, Vestas Northern & Central Europe  Mail: yankr@vestas.com Tel: +44 (0)77 9528 4694 About Vestas Vestas is the energy industry’s global partner on sustainable energy solutions and service onshore and offshore wind turbines across the globe and with more than 164 GW of wind turbines in 87 countries we have installed more wind power than anyone else Through our industry-leading smart data capabilities and unparalleled more than 144 GW of wind turbines under service and exploit wind resources and deliver best-in-class wind power solutions Vestas’ more than 28,000 employees are bringing the world sustainable energy solutions to power a bright future For updated Vestas photographs and videos, please visit our media images page on:  https://www.vestas.com/en/media/images We invite you to learn more about Vestas by visiting our website at www.vestas.com and following us on our social media channels: three hydrogen production plants would be built in Kokkola leading to the creation of around 1,000 direct jobs and over 3,000 indirect jobs Open image viewerVisual representations of the proposed plants show how production facilities would be built directly on the coast next to offshore wind farms Business FinlandYle News30.5.2023 16:34The US company Plug Power has announced plans to build three green hydrogen production plants in Finland in a billion-euro investment the firm said the plants would be located in the port cities of Kokkola and Kristinestad (Kristiinankaupunki in Finnish) on Finland's west coast as well as in Porvoo in the southeast "We are proud to commit our know-how and turnkey hydrogen solutions towards helping Finland deliver on its vision to become a European leader of the green hydrogen economy," Plug's CEO Andy Marsh said at a signing ceremony at Business Finland's headquarters in Helsinki on Tuesday Finland's commitment to reducing carbon emissions and its well-functioning infrastructure were crucial factors in the decision to choose Finland as an investment location adding that Nato membership was also a key consideration both Plug Power and Business Finland emphasised that the project is still in the planning stage and a final investment decision will be taken between 2025 and 2026 the firm predicts that it will lead to the creation of around 1,000 direct jobs and more than 3,000 indirect jobs The projects could represent some of the largest investments in the European market Business Finland stated in its own press release on Tuesday Although Plug Power has so far not provided an exact estimate of the value of the investment Business Finland said it would be in the billion-euro range The firm has started discussions with financial investors and debt providers and is "collaborating with financial partners to secure optimal capital solutions" Business Finland described Plug Power as "a leading provider of turnkey hydrogen solutions for the global green hydrogen economy listed on the New York Stock Exchange" Head of Cleantech Industry at Invest in Finland noted that investment is being directed towards Finland because of the its high level of emission-free energy production and functioning industrial ecosystems "This investment is significant for Europe showcasing Finland's international competitiveness and marking a remarkable achievement Collaboration with our regions has been outstanding demonstrating how small towns can lead industrial progress," Kivistö said The plants are expected to produce 850 tons per day (TPD) of green hydrogen or 2.2 gigawatts (GW) of electrolyzer capacity The Kokkola plant would produce emission-free hydrogen and emission-free ammonia which are used as fuels and energy sources for the process manufacturing industry while emission-free hydrogen is planned for the Kristinestad and Porvoo plants A 200 megawatt hydroelectric power plant is already planned for the city of Kristinestad with Mayor Mila Segervall noting that the city has been working for a long time on developing green energy with wind power "We are a European pioneer in the green transition We are doing everything in our power to ensure the success of the project in Kristinestad It will have positive impacts on the entire region's economy," Segervall said Kokkola has also long been developing an infrastructure aimed at attracting industrial projects "Kokkola is committed to support the installation of Plug's project in Kokkola South and we are delighted about the estimated several hundreds of industrial jobs that will be created with Plug's establishment," Jonne Sandberg Porvoo Mayor Jukka-Pekka Ujula said the southern city is becoming a major cleantech hub "We are pleased to welcome international operators to the Kilpilahti area which is a key location for the green transition in Finland and Northern Europe," he said Would you like a roundup of the week's top stories in your inbox every Thursday? Then sign up to receive our weekly email Seuraa ePressiä sosiaalisessa mediassa ja tilaa uutissyöte suoraan palveluun CPC Finland and Prime Capital entered into an agreement for the joint development construction and operation of a carbon capture unit in the municipality of Mustasaari and Prime Capital AG are pleased to announce the signing of an agreement to develop and operate a full-scale carbon capture unit the project will be one of the first of this scale The carbon capture unit will strongly reduce the carbon footprint of the existing waste-to-energy plant while providing Koppö Energia’s large-scale power-to-x project in Kristinestad with a reliable supply of CO2 to produce carbon-neutral synthetic gas The carbon capture unit will make a strong contribution to sustainable development and circular economy in Finland by allowing the re-utilization of CO2 that would have otherwise been emitted the unit will be able to capture practically all of Westenergy’s carbon dioxide approximately 150,000 tons of liquid CO2 per annum will be taken off by Koppö Energia and utilized for its synthetic fuel production for the processing of renewable hydrogen into renewable liquefied methane for hard-to-abate transport use This is equivalent to the annual carbon emissions of more than 20,000 persons Koppö Energia’s plant will produce approximately 740 GWh of liquefied methane per year the Ministry of Economic Affairs and Employment has announced its decision to grant energy investment aid for the methanation and liquefaction units of Koppö Energia’s renewable methane production in Kristinestad CPC Finland and Prime Capital express their profound gratitude for the strong and committed support of the Finnish government in enabling this landmark investment to move forward supporting industrial decarbonization as well as the growth of the Finnish power-to-x industry comments: “This is a remarkable step towards net-zero in Finland and beyond We are very delighted and thankful for the trust of the ministry and government in supporting Koppö Energia’s decarbonization ambitions The carbon capture and power-to-x plants benefit from the strong support and complementary expertise of its sponsors Westenergy has specific knowledge of the carbon capture site and underlying operations as well as a strong local footprint and access to experts CPC brings its unparalleled expertise in energy project development and management Prime Capital will support the projects with its investment capacities in-house power-to-x expertise and ability to raise project financing “It is a privilege for us to collaborate with Westenergy on establishing a large-scale carbon capture unit Its reliable and constant CO2 supply will be pivotal for the operations of our power-to-x plant in Kristinestad the carbon capture unit and our power-to-x plant in Kristinestad form a perfect example of Finland’s transition to a circular economy – a crucial step in combating climate change.” “The agreement is a major advancement in our ambition to build Finland´s largest power-to-x plant to date and we are excited to cooperate with Westenergy We are better equipped than ever to play our part in Finland´s path to becoming a global leader in sustainable fuel” says Erik Trast “Sustainability and decarbonization are at the forefront of Westenergy´s strategic agenda and form a major focus area for our owners and existing business partners as well as the Vaasa region This state-of-the-art carbon capture unit will make our waste-to-energy plant the most modern plant of this type in the world It is an additional motivation to provide CO2 to the power-to-x plant and to promote the production of carbon-neutral fuel in Finland.” Development of both projects is already at an advanced stage and startof operation is expected in 2026 Koppö Energia OyErik TrastBoard Member (Koppö Energia), CEO (CPC Finland)+358 50 530 3705[email protected] Koppö Energia is a jointly owned company by CPC Finland and Prime Capital dedicated to the development and operation of a 200 MW green hydrogen plant and methanation unit situated in the Karhusaari industrial area in Kristinestad The electricity used for the project is planned to be produced by the company’s own wind turbines with a total capacity of approximately 500 MW Production of hydrogen and methane is anticipated to commence in the final quarter of 2026 The project site is connected to the power grid via the Fingrid KD Kristinestad electrical transformer station the project received the prestigious Power-to-X Innovation Prize at the 2023 Tamarindo Global Wind Investment Awards ceremony the Finnish Ministry of Economic Affairs and Employment has provided a €26.9 million investment grant for the project in Kristinestad CPC Finland Oy specializes in the development and operation of wind farms and solar plants in Finland As the fully owned subsidiary of CPC Germania GmbH & Co CPC Finland has successfully constructed four wind farms with a total capacity exceeding 385 MW and is currently engaged in the construction of additional projects The company boasts a robust development portfolio stands as one of Europe's oldest wind energy companies with a remarkable track record of over 50 projects and a cumulative capacity exceeding 1000 MW CPC Finland is dedicated to advancing sustainable energy solutions in the region Prime Capital AG is an independent asset management firm and financial services provider cross-divisional approach and specializes in Alternative Investments Infrastructure including Renewable Energies currently employs about 130 people in Frankfurt and Luxembourg and is regulated by BaFin and CSSF Prime Capital has approximately EUR 4.3 bn Assets under Management as well as EUR 8.5 bn Assets under Administration Westenergy Ltd is a circular economy company which operates a waste-to-energy plant in Mustasaari Westenergy is owned by seven municipal waste management companies covering a total of 70 municipalities in the western part of Finland The company was founded in 2007 by Botniarosk Stormossen and Vestia to manage the energy recovery of source-separated non-recyclable municipal waste Loimi-Hämeen Jätehuolto joined Westenergy’s owner companies in 2020 and Ekorosk in January 2023 the waste-to-energy plant processes up to 200 000 tons of waste delivered by the owners into district heating Westenergy’s aim is to offer high-quality and cost-efficient service to all owner companies so that they can offer a sustainable solution for non-recyclable waste to their clients – altogether some 670 000 people 30.5.2023 14:30:00 EEST | Business Finland | Tiedote suunnittelee rakentavansa Suomeen kolme vihreän vedyn tuotantolaitosta Plug on johtava vihreän vetytalouden toimija Yhtiö toimittaa vetyratkaisuja maailmanlaajuisesti avaimet käteen -periaatteella Plugin suunnittelemien vihreän vedyn tuotantolaitosten odotetaan luovan Suomeen 1 000 suoraa työpaikkaa ja yli 3 000 välillistä työpaikkaa Plugin toimitusjohtaja Andy Marsh saapui Suomeen käynnistämään hankkeet Tänään Business Finlandin tiloissa Helsingissä pidetyssä tilaisuudessa varmistuivat kolmen kaupungin − Plug on yksi Euroopan suurimpia vetymarkkinoiden toimijoita Nyt yhtiö vahvistaa entisestään rooliaan Euroopassa poikkeuksellisessa laajuudessa Suunnittelemme kolmea teollisuushanketta yhteistyössä rahoitusalan ja teollisuuden kumppaneidemme kanssa että osaamisemme ja avaimet käteen -vetyratkaisujemme avulla voimme tukea Suomen visiota olla vihreän vetytalouden eurooppalainen johtaja Tuotantolaitosten sijoittuminen juuri Suomeen on strateginen valinta sillä Suomessa hanke voi hyödyntää runsaasti vähähiilisiä ja puhtaita energialähteitä Tuotantolaitosten odotetaan tuottavan 850 tonnia vihreää vetyä päivässä eli 2,2 gigawattia (GW) elektrolyyserikapasiteettia vuosikymmenen loppuun mennessä − Tämä suunniteltu investointi on merkittävä Euroopalle ja osoitus Suomen kansainvälisestä kilpailukyvystä Suomi on saanut innovatiivisella ekosysteemillään ja omavaraisella hiilettömällä energiantuotannollaan Plugin kaltaisia vihreitä investointeja eurooppalaisiin arvoketjuihin Yhteistyö alueiden kanssa on sujunut erinomaisesti miten pienet kaupungit voivat johtaa teollista kehitystä luo työpaikkoja ja edistää hyvinvointia vuosiksi eteenpäin sanoo Business Finlandiin kuuluvan Invest in Finlandin Cleantech Industry -toimialajohtaja Markku Kivistö Vihreä vety tuotetaan suunnitelluissa laitoksissa Plugin PEM-elektrolyyseri- ja nesteytysteknologian avulla Vihreä vety ammoniakin ja vihreän teräksen (suorapelkistetyn raudan DRI) tuotannossa vähentää riippuvuutta fossiilisista polttoaineista ja on olennaisessa osassa hiilestä irtautumisessa Euroopassa että saamme olla vihreän siirtymän etujoukoissa kohti kestävämpää taloutta Olemme pitkäjänteisesti kehittäneet infrastruktuuriamme teollisten investointien sijoittumisia silmällä pitäen Kokkola on sitoutunut edistämään Plugin hankkeen toteutusta Kokkola South -teollisuusalueelle Olemme iloisia niistä sadoista teollisista työpaikoista sanoo Kokkolan kehitysjohtaja Jonne Sandberg − Olemme työskennelleet Kristiinankaupungissa pitkään tuulivoiman aurinkovoiman ja vedyn parissa vihreän energian kehittämiseksi Olemme eurooppalainen edelläkävijä vihreässä siirtymässä että hanke Kristiinankaupungissa onnistuu hyvin Sillä on positiivisia vaikutuksia koko alueen elinkeinoelämälle ja elinvoimalle sanoo Kristiinankaupungin kaupunginjohtaja Mila Segervall − Porvoossa on kehittymässä merkittävä cleantech-keskittymä Olemme iloisia voidessamme toivottaa kansainväliset toimijat tervetulleiksi Porvoon Kilpilahden alueelle joka on keskeinen vihreälle siirtymälle Suomessa ja koko Pohjois-Euroopassa sijaintinsa ansiosta Keskustelu Plugin kanssa on ollut avointa ja mutkatonta mikä on tärkeää prosessin onnistumisen kannalta” sanoo Porvoon kaupunginjohtaja Jukka-Pekka Ujula Julkistettujen hankkeiden odotetaan olevan yksi suurimmista investoinneista Euroopan markkinoilla Plug on käynnistänyt keskustelut suurten sijoitus- ja rahoitusalan toimijoiden kanssa Yhtiö pyrkii varmistamaan optimaaliset pääomaratkaisut yhteistyössä rahoitusalan sekä teollisuuden kumppaneidemme kanssa ennen lopullisia investointipäätöksiä Lopullinen investointipäätös tehdään vuosien 2025–2026 aikana että Plug pitää Suomea otollisena kohteena investoinneilleen Vetytalouden tavoitteemme ovat kunnianhimoisia joten tarvitsemme juuri tällaisia investointeja Tällä on suuri merkitys Suomen teollisuuspolitiikan tulevaisuudelle Ammoniakkilaitoksen rakentamisessa Plugin yhteistyökumppanina toimii Hy2gen ammoniakin ja vetypohjaisten sähköpolttoaineiden hankkeita maailmanlaajuisesti Plug tekee tiivistä yhteistyötä Fingridin ja Gasgridin kanssa varmistaakseen sähköverkon kapasiteetin ja vetyinfrastruktuurin kehittämisen Lisäksi yhtiö rakentaa suorapelkistetyn raudan ja kuumabriketöidyn raudan tuotantolaitoksen (DRI/HBI-laitoksen) yhteistyössä teollisuusyritys GravitHyn kanssa Hankkeen myötä energiavarmuus Euroopassa kehittyy Hankkeiden elektrolyyserikapasiteetti on lähes viisi prosenttia RePower EU -suunnitelmasta Sen tavoitteena on tuottaa Euroopassa 10 miljoonaa tonnia uusiutuvaa vetyä vuoteen 2030 mennessä Hankkeet tukevat vihreän sähkön ja vihreän vedyn kehittämistä eurooppalaisen runkoputken ympärillä lähellä Perämerta ja edistävät Suomen hallituksen ilmasto- ja energiastrategian tavoitetta saavuttaa hiilineutraalius vuoteen 2035 mennessä Median haastattelupyynnöt Business Finland:Heli Hemgård Business Finland+358409015219heli.hemgard@businessfinland.fi Median haastattelupyynnöt Plug Power:Jenni RajahalmeKumppania Oy+358 40 720 5755jenni.rajahalme@kumppania.fi Haluatko tietää asioista ensimmäisten joukossa saat ne sähköpostiisi välittömästi julkaisuhetkellä Tilauksen voit halutessasi perua milloin tahansa Ruotsi ja Ranska ovat tuttuja näkyjä Suomen matkailutilastoissa sillä näistä maista tulee vuosittain satoja tuhansia yöpymisiä joista Suomeen matkustetaan kaikkein harvimmin Tilastojen häntäpäästä löytyvät Liechtenstein Kritiska mineraler och strategiska råvaror har nu en stor marknadsdriven efterfrågan när olika länder investerar i att säkra leveranskedjan för mineraler och i miljömål Business Finland startade en årslång kampanj för att stödja hållbar förnyelse av den finska gruv- och mineralsektorn med tio miljoner euro ”Gruvornas negativa miljöpåverkan måste minskas och försörjningsberedskapen i Finland garanteras” säger Satu Penttinen från Business Finland Kriittisille mineraaleille ja strategisille raaka-aineille on nyt suurta markkinalähtöistä kysyntää kun eri maat investoivat mineraalien toimitusketjujen turvaamiseen ja ympäristötavoitteisiin Business Finland aloitti vuoden mittaisen kampanjan joka tukee suomalaisen kaivos- ja mineraalisektorin kestävää uudistumista 10 miljoonalla eurolla “Kaivosten haitallisia ympäristövaikutuksia tulee pienentää ja Suomelle taattava huoltovarmuus” sanoo kampanjan vetäjäksi nimetty Satu Penttinen Business Finlandista FN publicerar försäljningsinformation om hur marknaden som är värd 25–30 miljarder dollar har utnyttjats och särskilt företag i södra Finland har hittat en kanal och lyckats leverera sina tjänster till olika FN-organisationer” säger Marjukka Holopainen-Rainio från Business Finland miten 25–30 miljardin dollarin arvoista markkinaa on hyödynnetty ja etenkin eteläsuomalaiset yritykset ovat löytäneet kanavan ja onnistuneet toimittamaan palveluitaan YK:n eri organisaatioille” sanoo Marjukka Holopainen-Rainio Business Finlandista Uutishuoneessa voit lukea tiedotteitamme ja muuta julkaisemaamme materiaalia Löydät sieltä niin yhteyshenkilöidemme tiedot kuin vapaasti julkaistavissa olevia kuvia ja videoita Uutishuoneessa voit nähdä myös sosiaalisen median sisältöjä Kaikki tiedotepalvelussa julkaistu materiaali on vapaasti median käytettävissä Tietosuoja