Finland to auction five offshore wind energy sites

Finland will launch an auction for five offshore wind power sites with up to 500 wind turbines in Finland’s public water areas.

“The total area of the five offshore wind energy sites that will be included in the auction procedure is about 860 km2 and their maximum calculated capacity is about 7,500 megawatts,” the Government said in a statement.

The Finnish state management company in charge of land and water areas will conduct the auctions and lease the land on the western coast of Finland to selected partners for up to 50 years.

“Wind power from the sites to be auctioned is expected to increase Finland’s annual electricity production by more than a third,” Climate and Environment Minister Kai Mykkanen told reporters.