Finnish wealth management company Taaleritehdas is investing over EUR 80 million in 19 new wind turbines in Ii, north-western Finland. The turbines will produce about 160 GWH of electricity annually, which is equivalent to the electricity consumption of 50,000 apartments or 8000 detached houses.
Construction work on the wind turbines will start in early 2014 and is expected to take about one year. Taaleritehdas also has an ongoing project for eight wind turbines in the same area and together the 27 wind turbines will form Finland’s biggest wind park that is currently under construction.
Attractive location for wind power
The municipality of Ii has become Finland’s leading region for wind power development. The Finnish company Tuuliwatti has also invested in the area. When all current projects are completed, the region’s wind power capacity is estimated to reach 285 GWH. Local electricity requirements only amount to about 70 GWH annually.
Taaleritehdas is also planning to build about 50 wind turbines in seven different locations in southern Finland as well as a 30-50 wind turbine project in Posio, northern Finland. The company’s first wind park started operating in July 2013 with 9 Nordex N117 2.4 MW wind turbines. The same turbine model will also be used in Ii.