Fortum wins contract to boost Nordic solar electricity capacity by 30%
A leading clean-energy company, with a portfolio spanning the Nordic and Baltic countries, has won a power generation contract to significantly bolster Finland’s solar electricity capacity.
Fortum announced this week that it had won S Group’s competitive bidding process for the implementation of a solar electricity system on the rooftops of around 40 commercial buildings across Finland.
Providing a total of 10MW of solar capacity, the project stands as the “biggest ever supply of rooftop solar electricity” systems to be installed on rooftops in the history of the Nordic countries.
Through the contract, Fortum will be responsible for project planning, management and equipment procurement. The company has targeted an autumn 2018 completion date for the project.
“Realising our vision – For a cleaner world – isn’t easy nor can it be accomplished overnight. Fortunately, it is a goal that is also shared by many other companies and communities, and this S Group project to utilise solar energy in their commercial buildings is a prime example of that,” says Tatu Kulla, Head of Business Development, Fortum.
“The entire S Group has a shared goal to use our own renewable energy to produce 80 per cent of the electricity we consume in 2025. Our sites’ electricity consumption peaks during summer, right when the sunlight lasts longer and is more intense. In the best cases, during summer we can produce enough solar energy to satisfy 100% of the electricity needs of one building,” says Mikko Halonen, Managing Director, S-Voima.
“We chose Fortum to supply our solar electricity systems because its products and processes are reliable and audited. The life-cycle of a solar electricity system is decades long. We trust Fortum’s ability to meet its obligations years into the future,” Halonen continues.
According to Reuters, the total solar power production capacity in Finland neared 35 MW by the end of 2017 and adding the new installations will increase the country’s output by about 30 percent.
Trafigura and Yara International explore clean ammonia usage
Reducing shipping emissions is a vital component of the fight against global climate change, yet Greenhouse Gas emissions from the global maritime sector are increasing - and at odds with the IMO's strategy to cut absolute emissions by at least 50% by 2050.
How more than 70,000 ships can decrease their reliance on carbon-based sources is one of transport's most pressing decarbonisation challenges.
Yara and Trafigura intend to collaborate on initiatives that will establish themselves in the clean ammonia value chain. Under the MoU announced today, Trafigura and Yara intend to work together in the following areas:
- The supply of clean ammonia by Yara to Trafigura Group companies
- Exploration of joint R&D initiatives for clean ammonia application as a marine fuel
- Development of new clean ammonia assets including marine fuel infrastructure and market opportunities
Magnus Krogh Ankarstrand, President of Yara Clean Ammonia, said the agreement is a good example of cross-industry collaboration to develop and promote zero-emission fuel in the form of clean ammonia for the shipping industry. "Building clean ammonia value chains is critical to facilitate the transition to zero emission fuels by enabling the hydrogen economy – not least within trade and distribution where both Yara and Trafigura have leading capabilities. Demand and supply of clean ammonia need to be developed in tandem," he said.
There is a growing consensus that hydrogen-based fuels will ultimately be the shipping fuels of the future, but clear and comprehensive regulation is essential, according to Jose Maria Larocca, Executive Director and Co-Head of Oil Trading for Trafigura.
Ammonia has a number of properties that require "further investigation," according to Wartsila. "It ignites and burns poorly compared to other fuels and is toxic and corrosive, making safe handling and storage important. Burning ammonia could also lead to higher NOx emissions unless controlled either by aftertreatment or by optimising the combustion process," it notes.
Trafigura has co-sponsored the R&D of MAN Energy Solutions’ ammonia-fuelled engine for maritime vessels, has performed in-depth studies of transport fuels with reduced greenhouse gas emissions, and has published a white paper on the need for a global carbon levy for shipping fuels to be introduced by International Maritime Organization.
Oslo-based Yara produces roughly 8.5 million tonnes of ammonia annually and employs a fleet of 11 ammonia carriers, including 5 fully owned ships, and owns 18 marine ammonia terminals with 580 kt of storage capacity – enabling it to produce and deliver ammonia across the globe.
It recently established a new clean ammonia unit to capture growth opportunities in emission-free fuel for shipping and power, carbon-free fertilizer and ammonia for industrial applications.