Sponda supports construction of new wind power farm in Finland padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.
farm in Finland
Sponda, one of Finland’s leading real estate asset management companies, has today announced an agreement with Helen, one of the largest energy companies in the country, that will enable the construction of a new wind power farm in Ostrobothnia, Finland. As a result, 100% of the electricity consumption in Sponda’s properties will be produced by emission-free wind power. The agreement supports Sponda’s objective of carbon neutrality, highlighted in the company’s sustainability programme.
From 2022, 50% of the wind power used by Sponda to cover electricity consumption will be generated at Helen’s new Lakiakangas 3 wind farm. The remaining 50% of required electricity will be obtained from other Nordic wind farms. Guarantees of origin, issued for electricity produced from renewable energy sources, will ensure the electricity is generated by wind power.
Helen Ventures said it has invested into Bergen-based snow forecasting startup Think Outside, which offers hydropower companies more accurate information of the quantity of water stored in the snow, helping them in optimising the energy production.
Think Outside was founded in 2017 with the vision to transfer cutting-edge oil industry technology and know-how into new markets. It focuses on advancing geoscience in the snow industry, by introducing new sensor technology and methodology to achieve novel and detailed data about the snow for the hydropower industry, ski industry, infrastructure, and governmental agencies.
“Climate change is expected to significantly increase the variability in the amount of snow and meltwater, which will have a direct impact on the production of hydropower companies,” Helen said in a statement.