The European Commission has announced €52 million in funding support through the EU’s Renewable Energy Financing Mechanism (RENEWFM) for nine renewable energy projects in Finland and Estonia. In Finland, the support was granted to seven industrial-scale solar park projects, one of which was Skarta Energy’s solar park project in Laivakangas, Tornio. The Laivakangas solar park project was granted EUR 4.2 million funding support.
Skarta Energy is planning a 60 MWp industrial-scale solar power plant in Tornio on an area of approximately 80 hectares. The letter of intent concerning the solar power plant was signed in May 2023 and the land lease agreement negotiations were concluded at the end of 2024. At the moment, a building permit is awaited for the project.
In accordance with the evaluation criteria of the RENEWFM, the project’s construction and grid connection permit processes must have been started, the project area must not be located in a forested area and the area must not be used for agriculture. In addition, the total capacity limit of 10–80 MWp must be met. The Laivakangas project in Tornio met the criteria.
