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Industrial investment is picking up in Finland – renewable electricity will not be a bottleneck

According to the latest investment survey by the Confederation of Finnish Industries (EK), business investment outlooks are showing signs of recovery. While investments in the energy sector are not currently increasing, the implementation of many industrial projects depends on access to competitive electricity that can be built quickly and cost-effectively. Finland is exceptionally well positioned […]

11.6.2026

Press releases

Solar power strengthens Finland’s energy system – rapid growth and an expanding role

Solar power is rapidly becoming a key part of Finland’s renewable energy system. It complements wind power, balances fluctuations in generation and produces electricity especially during summer, when electricity demand is highest due to cooling needs in facilities such as data centres. The Solar 2026 event highlights that the role of solar power is no […]

19.5.2026

Press releases

Heikki Peltomaa to continue as Chair of Renewables Finland

Renewables Finland has elected a new board for the 2026–2027 term at its Annual General Meeting. At the board’s constitutive meeting, Heikki Peltomaa, CEO of wpd Finland, was re-elected as Chair for the fifth time. Renewables Finland is an advocacy organisation for utility-scale wind and solar power, as well as related energy storage solutions. The […]

4.5.2026

Press releases

The Land Use Act conflicts with the Government Programme – undermines the development of renewable energy

The proposed new Land Use Act could significantly change the conditions for building renewable energy in Finland. The government proposal, which advanced to Parliament last week, introduces a 50-hectare zoning threshold for solar power and stricter distance requirements between wind turbines and residential areas. These changes directly affect investments in the sector, risk slowing the […]

21.4.2026

Press releases

Finland now has over 10 gigawatts of wind and solar power

Finland has reached a significant milestone in renewable energy: the combined capacity of domestic wind power and utility-scale solar power has exceeded 10 gigawatts (GW). This is three times the total capacity of Finland’s hydropower and corresponds to roughly 6–10 large nuclear reactor units. Fast-to-build and cost-effective wind and solar power are key drivers of […]

17.4.2026

Press releases

Offshore wind power is a key enabler of industrial investments – offshore grid expansion is crucial 

Offshore wind power is a central component in developing Finland’s energy system and enabling industrial investments.To fully harness Finland’s offshore wind potential, the operating environment must support project implementation. Extending the transmission grid offshore would provide offshore wind with the same operating conditions as onshore electricity generation and improve project competitiveness in European markets.  At the Wind Offshore 2026 seminar hosted today in Helsinki by Renewables Finland (Suomen uusiutuvat), discussions focus on domestic offshore wind power. Offshore wind plays a key role in Finland’s economic growth, industrial competitiveness, and achievement of climate targets. Electricity-intensive industries and the hydrogen economy require large amounts of competitively priced, emission-free electricity, and offshore wind projects also generate significant regional […]

26.3.2026

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