October 10 (Solar) – Estonian state-owned energy company Eesti Energia AS announced today that it will develop 7 MW of photovoltaic (PV) projects across the country.
Through its renewable energy arm, Enefit Green, the company will invests a total of EUR 5 million (USD 5.75m) in the schemes. The PV projects will be built on land used by Eesti Energia, next to Enefit Green’s power plants and customers’ properties, helping to partially cover their power consumption, it stated in its press release.
Scheduled to enter operations no later than the end of this year, the solar facilities are estimated to generate 6,500 MWh of renewable electricity annually, enough to meet the demand of more than 2,000 average households.
Currently, there are more than 1,300 solar power stations on the Estonian power grid and the firm has a goal to install at least 50 MW of solar panels within the next five years.
(EUR 1 = USD 1.15)