Fortum Increases Shareholder Base for Wind Portfolio in Nordic Updated On Sat, Dec 21st, 2019 by Saurenergy Nasdaq-listed Fortum and Investment funds adviser Credit Suisse Energy Infrastructure Partners (CSEIP) entered into an agreement whereby funds advised by the latter will acquire 80 percent ownership in Fortum’s wind energy portfolio in Nordic. Although, the Finnish state-owned energy company will retain a 20 percent minority stake in this wind energy portfolio. Also, it will […] Read more
Karnataka’s Pavagada Reaches 1850 MW Milestone with 100MW Avaada Commissioning Updated On Thu, Nov 21st, 2019 by Saurenergy The Pavagada Solar Park, a showpiece project for the Government of Karnataka as well as the International Solar Alliance (ISA) for its massive capacity (2050 MW) and the way it managed all stakeholders including land owners, has just reached another milestone. Industry sources say that Avaada Energy has commissioned 100 MW at the park, taking […] Read more
MG and Fortum Install First Public Fast Charging Station in Gurugram Updated On Wed, Nov 20th, 2019 by Saurenergy MG Motor India and Fortum have unveiled the first 50 kW DC charging station at MG’s flagship showroom at Gurugram. Underlining its commitment towards catalysing an EV revolution, MG (Morris Garages) Motor India and Fortum Charge & Drive India have unveiled the first 50 kW DC charging station at MG’s flagship showroom at Gurugram. The […] Read more
Ecoppia Robotic Cleaning Solution for 427 MW of Fortum’s Solar Plants in India Updated On Thu, Nov 14th, 2019 by Saurenergy Ecoppia has been chosen by Fortum, to deploy its robotic solar panel cleaning solution for different projects in India, totalling 427 MW production capacity Ecoppia, a leading developer of fully autonomous, water-free photovoltaic (PV) solar panel cleaning solutions, has announced that it has been chosen by Fortum, to deploy its field-proven platform across different projects in India, totalling […] Read more
Fortum, Rusnano to Build Wind Projects Worth 200 MW in Orenburg Updated On Tue, Oct 15th, 2019 by Saurenergy The Fortum-Rusnano wind investment fund has signed a non-binding cooperation agreement for the construction of wind farms worth 200 MW in Orenburg. The Fortum-Rusnano wind investment fund, a joint venture established by Fortum and Rusnano on a parity basis, and the Government of Orenburg Region in Russia have signed a non-binding cooperation agreement that envisages […] Read more
Fortum Gets Award for Renewable Energy Promotion in Russia Updated On Mon, Oct 7th, 2019 by Saurenergy This event was a part of the Russian Energy Week, an international forum in Moscow, and is supported by the Russian Ministry of Energy. Finnish state-owned energy company Fortum has been awarded with a prize in MediaTEK, a national contest for communications and media in the energy sector, for building awareness for renewable energy development […] Read more
MG and Fortum to set up 50 KW Fast EV Charging Stations Updated On Tue, Jul 2nd, 2019 by Saurenergy MG Motor India and Fortum have undertaken the first step towards creating EV Fast Charging infrastructure in the country. As part of its commitment towards sustainable mobility, MG Motor India and Fortum Charge & Drive India have undertaken the first step towards creating DC EV Fast Charging infrastructure (50 KW) in the country. The carmaker […] Read more
Fortum and Skellefteå Kraft Restructure Stakes in 2 Swedish Wind Farms Updated On Mon, Jun 3rd, 2019 by Saurenergy Fortum and Skellefteå Kraft are to restructure their ownership in the two jointly owned Swedish wind parks Solberg and Blaiken. Through the proposed asset swap arrangement Fortum would become the sole owner of the 76-megawatt (MW) Solberg wind park and Skellefteå Kraft the sole owner of the 248-MW Blaiken wind park. Currently, Fortum owns 50% […] Read more
Fortum and Nordkraft JV to Target Norwegian Wind Power Development Updated On Mon, May 27th, 2019 by Saurenergy Fortum and Norwegian energy company Nordkraft have formed a joint venture, Fortum Nordkraft Vind DA, to develop new wind power projects in Norway. The two companies have been successfully co-operating in Norwegian wind power since 2017 when Fortum entered the Norwegian wind market. “Fortum’s goal is to grow substantially in the Nordic wind and Norway […] Read more
