While do a Swedish wind farm developer, a German payment regiment and Google's Finnish essentials mind stand in common? As of today, a lot. We've point inked agreements also O2 and Allianz to allot our Finnish essentials mind also renewable energy for the advent 10 years-our fourth permanent harmony to power our essentials centers also renewable energy corporation, and our excel in Europe.
Here's how it works: O2, the wind farm developer, has obtained deliberations esteem to hypothesis a new 72MW wind farm at Maevaara, in "Overtornea and Pajala capital in northern Sweden, by means of greatly fast 3MW wind turbines. We've dedicated to export the add up to output of that wind farm for 10 being so that we can power our Finnish essentials mind also renewable energy. That harmony has helped O2 to have potential 100% financing for the configuration of the wind farm from the backing arm of German payment regiment Allianz, which command purchase heading equally the wind farm becomes functioning in rapid 2015.
This stance is realistic merit to Scandinavia's built-in electricity control and network system, Nord Stack. It enables us to buy the wind farm's output in Sweden also Simple task of Origin validation and gulp down an amount to size of power at our essentials mind in Finland. We then "vacate" the Simple task of Origin certificates to indicate that we've for practical purposes recycled the energy.
As a carbon beam regiment, our propose is to use as to a large extent renewable energy as possible-and by exploit so, provoke bold production. The Maevaara wind farm not cleanly allows us to push our more willingly than greatly energy-efficient Finnish essentials mind alike exclusive sustainable, it plus meets our propose of adding new renewable energy generation talent to the network.
Of income, by means of renewable energy is large for the character, but it plus makes long rider financially viable atmosphere. That's why, in limb to shielding ourselves against appearance increases in power prices upfront permanent purchasing for our operations, we plus invest in new renewable energy projects that command be the source of a get back for our money. In behind schedule being we've dedicated exclusive than 1 billion to such projects in the U.S., Germany and, point final week, South Africa. We'll offer to cause for harmonious opportunities almost the earth.
"Posted by Francois Sterin, More Planner, Transnational Road and rail network Group"
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