9.4.2024 News Power plant news Markus Pyykönen has been appointed Managing Director of Rauma Biovoima Oy as of 1 September 2024 The Board of Directors of Rauman Biovoima Oy has appointed Markus Pyykönen, Asset Development Manager of Pohjolan Voima Oyj, as Managing Director of Rauman Biovoima Oy as of 1 September 2024. The current Managing Director Timo Pitk…
2.4.2024 Investor news News Japan Credit Rating Agency affirmed A+ long-term issuer rating on Pohjolan Voima Oyj; outlook stable Japan Credit Rating Agency (JCR) has on 29 March 2024 affirmed its previous long-term credit rating “A+”, stable outlook for Pohjolan Voima Oyj. JCR’s report on 29 March 2024 Further information: Kaisa Ahtiainen, Group Treasur…
5.3.2024 Investor news News To creditors of Pohjolan Voima Oyj: Announcement on the public notice Pohjolan Voima Oyj’s Extraordinary General Meeting held on 28 November 2023 unanimously decided to reduce the company’s share capital by EUR 5,285,642.27 and share premium fund by EUR 12,272,648.99. In accordance with the Limite…
29.2.2024 News Power plant news Press releases Pohjolan Voima investigates building a pumped hydroelecric energy storage (PHES) in Kemijärvi Pohjolan Voima, one of Finland’s largest energy companies, is investigating the possibility of building a pumped-storage power station in the area of Lake Kemijärvi. Pumped-storage power stations are used in the mountain regions…
29.1.2024 News Power plant news Press releases PVO-Vesivoima and Caverion partnership continues with hydropower plants PVO-Vesivoima Oy and Caverion continue their partnership. Caverion will continue to be responsible for the operation and maintenance of PVO-Vesivoima’s hydropower plants on the Iijoki and Kemijoki rivers and Melo hydropower plant on…
4.12.2023 News Power plant news Press releases Kaukaan Voima’s fly ash given by-product status – facilitates use in construction and fertilisation Fly ash generated by the Kaukaan Voima power plant in Lappeenranta has been granted the status of a by-product used for deep stabilisation and as a forest fertiliser by the Centre for Economic Development, Transport and the Environm…
27.11.2023 News Press releases Transport of Iijoki and Kemijoki lamperns falls short in 2023 – more research is required The transport of lamperns, also known as river lampreys, in the rivers Iijoki and Kemijoki concluded in October. Every year in both rivers, migrating lamperns are caught downstream from power plants and moved upstream of the plants…
23.11.2023 News Press releases Investment decision made for PVO-Vesivoima’s first ultracapacitor energy storage facility – set to strengthen rapid balancing power needed for the increasing renewable energy PVO-Vesivoima, a subsidiary of Pohjolan Voima Oyj, has decided to invest in a 3 MW ultracapacitor energy storage project. Based at the Kierikki hydropower plant along the river Iijoki, the project will be a first for PVO-Vesivoima a…
14.11.2023 News Power plant news Press releases Natural fishways built at Portimokoski in Ylitornio With the municipalities of Pello and Ylitornio, Tornionlaakson Voima Oy has received permission from the Regional State Administrative Agency for Northern Finland to build two natural fishways at Portimokoski rapids. The by-pass cha…
6.11.2023 News Power plant news Press releases The modernisation of the Raasakka hydropower plant’s machinery strengthened reliable production on the Iijoki river The modernisation works of the stator of PVO-Vesivoima Oy’s Raasakka hydropower plant’s second generating unit have been completed and the generating unit is again in operation on the Iijoki river. The replacement investment will en…