World’s first nuclear waste storage facility in Finland moves forward

Developer Posiva plans to store spent nuclear fuel at a depth of around 400 to 450 metres in the Onkalo bedrock on Olkiluoto island

Finnish firms launch ‘world’s first’ hub for CO2 removal certificates

Puro aims to test if CO2 removals can be made visible and tradable through an open, online platform

EV battery
New tech means 80% of an EV battery can now be recycled

Clean energy company Fortum says it has a solution for what is potentially the biggest sustainability issue associated with EVs

Wireless chargers for electric taxis in Oslo

Charging plates will be installed in areas where taxis are parked

Finnish firms join forces for safe management of Chinese radioactive waste

Around 20 new reactors are expected to be added in the East Asian country by 2020

E.ON completes €3.8bn Uniper sale to Fortum

It follows approval from the European Commission and the Russian Antimonopoly Authority

EU approves Fortum’s purchase of German energy firm Uniper

Its investigation found the transaction would raise no competition concerns in the European Economic Area

Fortum to install 10MW rooftop solar project in Finland

The panels will be spread across the rooftops of approximately 40 commercial buildings in Finland

Finland’s Fortum to launch €8bn bid for E.ON’s Uniper

Finnish power utility Fortum is to launch an €8 billion (£7bn) takeover offer for E.ON’s Uniper. The bid for E.ON’s 46.65% interest amounts to €3.76 billion (£3.3bn). The total equity value of the offer is €8.05 billion (£7.05bn) for all outstanding shares of Uniper. The firms have signed an agreement, under which E.ON has the […]

Finland goes large on geothermal

Finland is set to build its first industrial size geothermal plant in 2016 to heat its second largest city. It will crank out up to 40 megawatts of geothermal heat for the southern city of Espoo, which neighbours Helsinki 20 kilometres to the west. Finnish energy companies Fortum and St1 reckon it can supply up to 10% of the heating requirements for Espoo’s district heat network. Geothermal […]