Finnish energy company Fortum Oyj (HEL:FORTUM) said today it is looking into the possibility of building a 90-MW solar power plant in Sweden.
The company is initiating the development of an industrial-scale solar project called Alvret that covers 95 hectares of land in Havdhem on southern Gotland.
Fortum explained that in Sweden the permit process for a solar project takes between one and three years, while construction work lasts about a year. However, it could take a few more years to plug in the facility because of the need for a grid expansion.
“We see significant potential for solar power in the Nordic region, and we are very pleased that we have now started our first industrial-scale solar power project in Sweden,” said Toni Kekkinen, Head of Fortum’s Solar and Wind Power business.
The company also plans an 80-MW solar project in Virolahti, Finland.