OX2, a renewable energy company, has acquired the rights to a 475 MW solar farm project in Huittinen, Finland from SAJM Holding Oy, a Finnish solar energy developer.
Huittinen solar farm under development for 2023
The project will be included inOX2 ‘s midstream project development portfolio for the second quarter of 2023.
The Huittinen solar farm is still in development and the environmental impact assessment and necessary permits will be submitted throughout 2023. The estimated annual energy production of the project is approximately 475 GWh, which is equivalent to the annual electricity consumption of approximately 95,000 homes.
“The Huittinen project is an excellent addition to our solar project development portfolio, and it shows that Finland is very well positioned to become a leader in large-scale solar power generation in Northern Europe,” says Saku-Matti Mäki, head of solar at OX2 in Finland and the Baltics. “Solar energy has the potential to contribute significantly to emission-free electricity in Finland.”
Huittinen project: a significant addition to OX2’s expanding portfolio of solar energy projects.
OX2 has acquired the rights to the Huittinen project, expanding its solar energy development portfolio in Finland. The planned capacity of the project makes it one of the largest solar farms in the country. Although the project is still under development, it has the potential to strengthen Finland’s position as a leader in large-scale solar power generation in Northern Europe. The acquisition also highlights Finland’s potential to make a significant contribution to emission-free electricity generation.
