Equans Solar & Storage and Destia start cooperation in the Finnish solar PV market
Equans Solar & Storage and Destia are pleased to announce the signing of a Memorandum of Understanding (MoU) to cooperate on accelerating the development of large-scale solar PV in Finland.
As the demand for green electricity grows in Finland, large-scale solar farms shall take a growing share in the mix in the very coming years. Destia sees untapped market potential in the construction of PV solar facilities and has therefore created a new business unit to address the emerging opportunities. With 5.5 GW already installed, Equans Solar & Storage is recognized as a leader in solar energy and intends to expand its footprint to Finland.
The two companies, both from Bouygues Group*, have decided to join forces to offer engineering, procurement and construction (EPC) services to energy power producers and project developers, contributing to the sustainable energy transition in Finland.
The size of the solar photovoltaic (PV) energy capacity in Finland is expected to grow from 400 MW to 8 000 MW by 2030. The transition will include several large-scale solar parks of 30 MW and above with the biggest parks expected to provide more than 500 MW of electricity, which equals the consumption of approximately 90 000 households**. The growth of solar energy capacity allows Finland to address the increasing demand of green energy in manufacturing and move towards carbon neutrality.
“Finland is currently going through smart energy transition and moving towards renewable energy sources like wind and solar. There is already a strong wind energy market in Finland, so the focus of investors, developers and other players is being switched increasingly towards solar energy. By collaborating with Equans Solar & Storage we bring international expertise to the emerging Finnish solar PV market, providing a one-stop shop for solar developers working on large-scale solar PV parks,” says Jarkko Lahti, Head of Solar Power Construction unit at Destia.
“The Finnish solar PV market provides an interesting opportunity as the large-scale projects are starting to emerge. We design and deliver turnkey utility scale solar PV farms of the highest quality all over the world and can share our extensive knowhow with Destia. We are very pleased to partner with Destia, benefiting from their strong local expertise, to bring best-in-class EPC services for solar developers in Finland,” says Elisabeth Benedetto, Director of Equans Solar & Storage and Executive Vice President of Energies BU at Bouygues Energies & Services, a subsidiary of the Equans Group.
This collaboration aims to guarantee EPC services at the highest standards of performance, reliability, and safety, together with a competitive approach to solar independent power producers in Finland.
ABOUT EQUANS SOLAR & STORAGE
Leveraging decades of experience, Equans Solar & Storage is the one-stop partner for scaled, integrated and performant solutions on solar & storage energy projects.
Covering the entire value chain from design to operation, including installation and maintenance, we provide services such as the development and delivery of large-scale solar farms, front-the-meter grid-scale Battery Energy Storage Solutions (BESS) and energy grid systems.
Operating in 15 countries, with more than 1,500 experts dedicated to solar PV and high voltage, Equans Solar & Storage has installed 5.5 GW solar energy capacity worldwide, 550 MWh BESS and is operating and maintaining approximately 2GW of solar PV plants.
Our mission: serving energy transition and low-carbon world by leveraging our expertise in solar and storage. www.equans.com/solar-storage
Equans Solar & Storage is an Equans’ speciality brand. Equans, a subsidiary of the Bouygues Group, is a world leader in the energy and services sector with operations in 20 countries, 90,000 employees working on 5 continents and a turnover of 18.8 billion euros in 2023.
ABOUT DESTIA
Destia is the biggest infrastructure service company in Finland and part of the global Colas Group. We create the foundations of a well-functioning society by designing, building and maintaining traffic and energy infrastructure for tomorrow. We do this with the unique sense of infrastructure of our approximately 1,700 professionals. Our revenue amounted to approximately MEUR 640 in 2023. www.destia.fi/en/
Media enquiries
Equans Solar & Storage
Isabelle Novel, Head of Communications: +33 (0)7 65 18 35 95, i.novel@bouygues-es.com
Alexandre Daniau, Business Development Director: +33 6 07 47 24 31, a.daniau@bouygues-es.com
Destia
Communications: tiedotus@destia.fi
Jarkko Lahti, Head of Solar Power Construction unit: +358 40 747 1909, jarkko.lahti@destia.fi
Notes to editors:
* Destia is part of the global Colas Group, which is wholly owned by the Bouygues Group. Equans Solar & Storage is a speciality brand of Equans, which is part of the Bouygues Group.
** Calculation based on average usage of 5 000 kWh.