Search
Close this search box.

Terminal News

Neste to introduce solar power at Porvoo refinery

Written by...

Picture of Cyann Fielding

Cyann Fielding

Journalist at Tank Storage Magazine.
Source: Wikipedia, https://en.wikipedia.org/wiki/File:Pemexrefinery.jpg, https://creativecommons.org/licenses/by-sa/3.0/

Neste has signed a purchase agreement for solar power supply to its Porvoo refinery in Finland with the renewable energy company CPC Finland Oy.

Solar power supply from the Lakari solar plant in Rauma, Finland is expected to start in spring 2024. Once ready, the plant will be the largest operating solar plant in Finland. The total annual volume of the agreement is approximately 24 GWh, which represents 75% of the annual capacity of the Lakari solar plant in Rauma.

‘Neste’s agreement on solar power is a valuable addition to our existing wind power and hydropower agreements. The agreed annual volume corresponds to some 2% of the annual electricity consumption at our Porvoo refinery,’ says Markku Korvenranta, executive vice president for oil products business unit at Neste.

Porvoo refinery has used 100% renewable electricity since the beginning of 2022. Due to the planned development at Neste’s refinery in Porvoo, the use of electricity is expected to increase over the coming years. With the new agreement on the supply of solar power, Neste aims to ensure that its electricity will continue to be derived from renewable resources.

Share this article:

Latest terminal news

All News

Koole Terminals Rebrands as Chane

International liquid bulk storage company Koole Terminals Group today announced that it will now operate under the name Chane. The rebranding signifies a further unification of the company, after strengthening

Read More
Shell logo in sky
All News

Shell to Acquire Pavilion Energy

Shell Eastern Trading has reached an agreement with Carne Investments, an indirect wholly-owned subsidiary of Temasek, to acquire 100% of the shares in Pavilion Energy includes a global liquefied natural

Read More