Exciting New Solar Initiative Launched by Dovre Group

Exciting New Solar Initiative by Dovre Group

Dovre Group Plc is thrilled to announce that its subsidiary, Suvic Oy, has officially begun construction on an impressive 100 MWp solar park. This significant project is set to take place in Eurajoki and follows the receipt of a Notice to Proceed. The agreement, related to an earlier contract shared in early January, marks a major milestone for the company.

Partnership with Alight and Project Details

The solar park is being developed in collaboration with Alight, a well-established Swedish solar power developer known for its expertise in renewable energy. This partnership highlights Dovre Group's commitment to enhancing its renewable energy portfolio through strategic alliances.

The solar park will span an extensive area of 123 hectares, divided between two significant sites: the Mikola site, which covers 73 hectares, and the Murro site, that extends over 50 hectares. This ambitious project aims to serve the energy needs of approximately 20,000 households, marking it as one of the largest solar energy initiatives currently underway in Finland.

Operational and Maintenance Plans

In addition to construction, Suvic and Alight have also finalized an operation and maintenance (O&M) agreement. This collaboration will kick off with a two-year initial commitment, with an opportunity to extend for an additional three years, ensuring that the solar park will be efficiently managed and maintained.

Construction Timeline and Future Outlook

The construction is slated to commence in March 2025, and the solar park is expected to be handed over to the client in the autumn of 2026. This timeline has been carefully crafted to ensure that the project maintains its momentum and adheres to all deadlines. Dovre Group’s focus on timely delivery reflects its dedication to providing reliable and sustainable energy solutions.

Insights from Leadership

Mia Engnes, Head of Procurement & Construction at Alight, expressed enthusiasm about the project, stating, "The Eurajoki project marks the beginning of our expansion into Finland. We are pleased to be getting closer to our goal of producing renewable energy locally." Her comments underscore the strategic significance of this project for both companies involved.

Suvic’s Experience in Solar Infrastructure

Suvic is no stranger to the renewable energy sector. The company has garnered substantial experience by constructing various large-scale solar parks in Finland. Notably, Suvic completed a solar power plant with a production capacity of 32 MW in Lakari, Rauma, and is actively engaged in another project in Lapua, which aims for an impressive annual output of 80 GWh.

Future of Solar in Finland

Suvic’s CEO, Ville Vesanen, is optimistic about the growing share of solar power in Finland's energy landscape. He remarked, "The significant drop in panel market prices and positive experiences with lifecycle production efficiency are accelerating the construction of solar power – as are battery energy storage systems." This forward-thinking approach signifies Suvic’s role as a leader in Finland's energy transition.

Employee Commitments and Safety Standards

In addition to environmental considerations, Suvic’s leadership is committed to ensuring job security for its employees. Janne Räisänen, COO and CEO of Suvic Force Oy, shared that the contracts established through this project would mean continuity for approximately 120 installers currently on the company’s payroll. This approach showcases Suvic’s dedication to maintaining a skilled workforce and prioritizing occupational safety.

Company Background

Dovre Group is renowned for its expertise in renewable energy project development. Specializing in wind, solar, battery storage systems, and heat pump facilities across the Nordic countries, Dovre continues to position itself at the forefront of renewable energy. With anticipated sales of approximately 99 MEUR in 2024 and a workforce of around 200 employees, Dovre Group is making a significant impact in the energy sector.

Suvic, founded in 2017, operates primarily in the Nordic territory. Its commitment to innovative construction practices positions it as a strong player in renewable energy development. The company is actively engaged in several renewable projects, including various wind farms and solar initiatives.Dovre Group (Helsinki:DOV1V) remains focused on empowering communities with sustainable energy solutions that ensure a greener future.

Frequently Asked Questions

What is Suvic Oy's latest project?

Suvic Oy has commenced construction on a 100 MWp solar park in Eurajoki.

Who is the client for the solar park?

The client for the project is Alight, a Swedish solar power developer.

What is the area covered by the solar park?

The solar park will cover a total area of 123 hectares.

When is the solar park expected to be completed?

The solar park is scheduled for handover to the client in autumn 2026.

What is Dovre Group's focus in the renewable energy sector?

Dovre Group specializes in developing wind, solar, and storage systems across the Nordic countries.

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