Taaleritehdas, an independent Finnish investment service company, has acquired a wind power project in Honkajoki, western Finland, from Honkatuulet Oy. The two companies will be investing jointly in the construction of nine wind turbines producing 70,000 – 80,000 MWh of electricity annually, which is enough to meet the energy needs of 30,000 – 40,0000 apartments.
The total value of the project is about EUR 36 – 40 million. Almost 200 Finnish individuals have invested in the project. According to Taamis Fareed, energy expert at Taaleritehdas, the wind turbines are expected to be completed by spring 2013.
In addition to the Honkajoki project, Taaleritehdas is planning to construct about 60 wind turbines in nine different locations in south-west and southern Finland, as well as 35-52 wind turbines in Posio, northern Finland. This makes Taaleritehdas one of Finland's major wind power actors.
According to Taamis Fareed, the operating in environment in Finland is now fairly ready for the large-scale adoption of wind power. “There used to be a shortage of actors to undertake projects but thankfully wind power is now supported and promoted on all fronts,” he says.