(PRESS RELEASE) ESPOO, 22-Dec-2021 — /EuropaWire/ — Neste (HEL: NESTE), the world’s leading provider of renewable diesel and sustainable aviation fuel and the 4th most sustainable company in the world, has announced the signing of its first renewable hydropower purchase … Read the full press release
Posted in News
Tagged carbon neutral, combating climate change, Fortum, Guarantees of Origin, hydropower, hydropower agreement, hydropower plants, Ilmatar, Markku Korvenranta, Naantali, Neste, Porvoo refinery, reducing climate emissions, renewable electricity, renewable hydropower purchase agreement, s Statkraft, Susanna Sieppi, Vattenfall
The participation of Finnish industry in the construction of ITER fusion reactor and the utilization of innovations in other fields is promoted by a cluster of companies and research institutions. ITER is beeing constructed in Southern France. (PRESS RELEASE) HELSINKI, … Read the full press release
Posted in Artificial Intelligence (AI), Education, Finland, France, Industrial, Investment, News, Science, Technology
Tagged Aalto University, Åbo Akademi University, Antti Hakola, artificial-intelligence, Big Science, Comatec, construction, CSC, electricity generation, EOS Finland, EUROfusion Consortium, FCAI, FinnFusion Consortium, Fortum, fusion reactor, fusion research, ITER, ITER fusion reactor, Jarmo Heinonen, Kai Nordlund, LUT University, Luvata, physics research, Platom, RESEARCH, Tampere University, Timo Haapalehto, University of Helsinki, VTT
(PRESS RELEASE) ESPOO, 21-Apr-2021 — /EuropaWire/ — Fortum announces collaboration with Volvo Cars, and cleantech company Comsys for the development of an innovative battery solution that is now being installed at Fortum’s Landafors hydropower plant on the river Ljusnan in … Read the full press release
Posted in Energy, Gas & Oil, Environment, Finland, Industrial, Infrastructure & Utilities, News, Sweden, Technology
Tagged batteries, battery solution, circular economy, cleantech company, CO2-free hydropower production, Comsys, electric grid, electricity, energy storage, energy system, Fortum, hydropower plant, hydropower turbines, Landafors, Landafors hydropower plant, lithium-ion batteries, Nordic electricity market, out-of-service batteries, plug-in hybrid cars, power electronics specialist, power system, recycled, recycling, river Ljusnan, Susanne Hägglund, sustainable battery value chain, Sweden., Toni Kekkinen, Volvo cars, wind power
(PRESS RELEASE) ESPOO, 18-Dec-2020 — /EuropaWire/ — Energy company Fortum announces new biodiversity targets for its entire Group, including Uniper. Fortum commits to implementing more than 12 major voluntary measures that enhance biodiversity in 2021. The biodiversity target was announced … Read the full press release
Posted in Energy, Gas & Oil, Environment, Finland, Germany, Industrial, Infrastructure & Utilities, Management, News, Sweden, Technology
Tagged Båtfors nature reserve, biodiversity, biodiversity crisis, biodiversity targets, carbon-neutral company, Climate, climate targets, ecosystems, energy production, environmental targets, fish migration, Fortum, hydropower, IUCN, oak trees, River Dalälven, sustainability, Ulla Rehell, Uniper, Uppland Foundation, wind power, woodpeckers
(PRESS RELEASE) ESPOO, 12-Feb-2020 — /EuropaWire/ — Leading clean-energy company Fortum has just announced it is going to establish new Data Science & Analytics unit as part of the Business Technology function that is responsible for the IT, innovation and … Read the full press release
(PRESS RELEASE) ESPOO, 17-Jan-2020 — /EuropaWire/ — Fortum strengthens its position in the recycling of high value materials in Europe with the acquisition of 100 percent shareholding in Crisolteq, a Finnish specialist in recycling valuable metals in lithium-ion batteries. This … Read the full press release
Posted in Automotive, Energy, Gas & Oil, Finland, Industrial, Investment, Metals and Minerals
Tagged acquisition, battery, cobalt, Crisolteq, Fortum, hydrometallurgical recycling, investment, Kalle Saarimaa, lithium-ion batteries, manganese, nickel, recycling, recycling of battery metals, valuable metals
(PRESS RELEASE) HELSINKI, 5-Dec-2019 — /EuropaWire/ — The Fortum-Rusnano wind investment fund announced it is taking on its fifth project out of the total 1,823 MW awarded to the fund in the Russian wind auction during 2017 and 2018. The … Read the full press release
Posted in Energy, Gas & Oil, Finland, Investment, News, Russia
Tagged 50-MW Ulyanovsk 2 wind farm, Fortum, Fortum-Rusnano wind investment fund, Rostov Region, wind farm, wind power
ESPOO, 20-Jun-2018 — /EuropaWire/ — Fortum is participating in the Helsinki Electric Airplane Association’s project that is testing an electrically-powered airplane. The first serial produced electric airplane purchased in Finland, the Pipistrel Alpha Electro, is scheduled to take its maiden flight … Read the full press release
ESPOO, 07-May-2018 — /EuropaWire/ — Fortum takes a step forward in its Bio2x programme by establishing a joint venture together with Numaligarh Refinery Limited (NRL) and Chempolis for building and operating a biorefinery in Assam, India. Fortum will invest to the … Read the full press release
Posted in Energy, Gas & Oil, Finland, Industrial
Tagged Assam, Biomass, biorefinery, Chempolis, Fortum, Heli Antila, INDIA, Numaligarh Refinery Limited
ESPOO, 09-Jan-2018 — /EuropaWire/ — E.ON SE has today (08 January 2018) announced that it has decided to tender its 170,720,340 Uniper SE shares, corresponding to 46.65% of shares and voting rights, into Fortum’s public takeover offer. Furthermore, E.ON announced that … Read the full press release
Posted in Energy, Gas & Oil, Financial, Finland, Germany, Investment
Tagged Fortum, Pekka Lundmark, shares
ESPOO, 09-Jan-2018 — /EuropaWire/ — Fortum will deliver turbine and generator services for BIR Avfallsenergi AS and BKK Varme AS in Bergen. The contract was signed on 19 December 2017. It is a 8 year service agreement and started from 1 … Read the full press release
ESPOO, 03-Oct-2017 — /EuropaWire/ — Fortum has made a final investment decision on the Sørfjord windfarm in Northern Norway. Sørfjord is part of the wind portfolio that Fortum acquired from Nordkraft earlier this year. The Sørfjord wind park will have 23 … Read the full press release
Posted in Energy, Gas & Oil, Finland, Norway
Tagged Fortum, Philippe Stohr, Sørfjord windfarm, windfarm
ESPOO, 03-Oct-2017 — /EuropaWire/ — At the most recent Assembly of the Academy Pekka Lundmark and five other international members were inducted. To be inducted as a member is considered to be both an honor and an acknowledgement of outstanding contributions. … Read the full press release
ESPOO, 03-Apr-2017 — /EuropaWire/ — Fortum and Ekokem teamed up in 2016 to form a major Nordic circular economy company. Following the successful integration of Ekokem’s operations, Ekokem will now also become Fortum. Ekokem’s brand will be changed to Fortum from … Read the full press release
ESPOO, 03-Apr-2017 — /EuropaWire/ — Mayor of Espoo Jukka Mäkelä and Fortum President and CEO Pekka Lundmark signed an agreement on 28 March 2017 to continue the implementation of shared energy targets and the development of city solutions in Espoo. “EU studies … Read the full press release
ESPOO, 20-Mar-2017 — /EuropaWire/ — The joint venture Kauno Kogeneracinė Jėgainė (KKJ), owned by Fortum and Lietuvos Energija, will build a waste-to-energy combined heat and power plant (CHP) in Kaunas, Lithuania. On 16th March KKJ signed contracts for the main equipment … Read the full press release
Posted in Energy, Gas & Oil, Environment, Finland, Lithuania
Tagged Fortum, Kaunas, Kauno Kogeneracinė Jėgainė, Lietuvos Energija, Waste-to-Energy Power Plant
ESPOO, 11-Jan-2017 — /EuropaWire/ — The transaction consists of the Nygårdsfjellet wind farm, which is already operational, as well as the fully-permitted Ånstadblåheia and Sørfjord projects. Fortum is preparing for the construction of the Ånstadblåheia and Sørfjord projects, expected to be commissioned in … Read the full press release
Posted in Energy, Gas & Oil, Finland, Investment, Norway
Tagged acquisition, Fortum, Nordkraft, Norwegian company, wind power projects
HELSINKI, 18-Oct-2016 — /EuropaWire/ — Fortum’s combined heat and power plant Chelyabinsk GRES was inaugurated today in Russia. Chelyabinsk GRES unit 1 has been in commercial operation since December 2015 and unit 2 since March 2016. Speaking at the inauguration event, Fortum’s President … Read the full press release
Posted in Energy, Gas & Oil, Finland, Russia
Tagged Alexander Chuvaev, Chelyabinsk GRES, Fortum, heat and power plant, Pekka Lundmark, RUSSIA
ESPOO, 06-Sep-2016 — /EuropaWire/ — On 31 August 2016 Fortum announced that it has completed the acquisition of Ekokem Corporation. From the end of August 2016 onwards, Ekokem will be integrated into Fortum Group as a business area of the City … Read the full press release
Posted in Energy, Gas & Oil, Finland, Management
Tagged Ekokem, Fortum, Jani Lösönen, Karri Kaitue
ESPOO, 06-Sep-2016 — /EuropaWire/ — Fortum invites start-ups, software developers and service designers to apply to take part in the “Hack the Solar” hackathon on 21–23 October. The event will bring together the brightest minds to improve the solar panel purchasing … Read the full press release
Posted in Energy, Gas & Oil, Finland, Marketing, Society, Technology
Tagged Fortum, solar energy, Timo Liiri, “Hack the Solar” hackathon
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