Is solar power a real thing in Finland?

Many Finns are already familiar with solar power: solar panels can be found on the roofs of many homes, summer cottages and workplaces. As technology develops, industrial-scale solar power production is also becoming more common in Finland. Finland is undergoing a major energy transition.

Why is industrial-scale solar power production becoming more common in Finland?

As technology develops, industrial-scale solar power production is also becoming more common in Finland. Finland is undergoing a major energy transition. Moving away from imported fossil fuels and towards local, clean energy production will create the basis for new industrial investment.

What is Finland's solar power production capacity?

At the end of 2023, Finland's installed solar power production capacity was approximately 1,000 MW, most of which was micro-generation. The total capacity increased by more than 300 MW over the year.

Does Finland pay for solar power?

Finland is one of the few countries where solar power, in many cases, does not receive any subsidies , although companies and communities may apply for energy aid for smaller-scale (<5 MW) solar PV projects, which covers 15 % of the investment costs .

How much solar power does Finland have in 2023?

The total capacity increased by more than 300 MW over the year. According to the preliminary data of the Energy Authority, at the end of 2023, Finland had approximately 1,000 MW of installed solar power production capacity, 936 MW of which was micro-generation and 50 MW from industrial-scale power plants.

How will a hybrid energy system work in Finland?

In Finland, a number of hybrid projects are in the pipeline, combining wind, solar and also energy storage. These solutions will balance our energy system. On a global scale, solar power is one of the fastest growing forms of energy generation – its size and importance in the world’s energy mix is huge, larger than wind power.