The European Executive Agency for Climate, Infrastructure and the Environment (CINEA) has signed subsidy agreements with seven solar projects in Finland with a combined installed capacity of 212.99 MW. This important initiative signals the EU's continued investment in the renewable energy sector and strong support for Finland's green energy strategy.

Following the success of the EU's first cross-border solar tender last year, the EU Renewable Energy Financing Facility has injected a total of €27.5 million into these projects. The funds will be used to support the construction, operation and maintenance of the projects, ensure their smooth commissioning and contribute to the transformation of Finland's energy mix.

Among these projects, two are in the South Ostbotten region of western Finland. One is a 74.03 MW plant located in an area currently used for peat production, and the other is a 33 MW plant located in a peat bog. The construction of these two projects will not only increase Finland's energy self-sufficiency, but also promote the sustainable development of the local economy.

In addition, the 20-megawatt terrestrial solar park in Loukkaanaro will be the largest solar project in northern Finland. The project, which is expected to operate for at least 30 years, will provide a stable supply of clean energy to the local area and reduce dependence on traditional fossil fuels.

Other funded projects are equally important. A 40.16 MW power plant in Poytya, southwest Finland, will use solar energy to provide electricity to local residents. A 30-megawatt power park in the city of Tohmajarvi in the North Karelia region of eastern Finland will use advanced technologies to improve energy conversion efficiency. An 8-megawatt plant in Nivala, central Finland, and a 7.8-megawatt plant in Savonlinna, eastern Finland, will also bring clean energy to the region.

Each of these projects has a completion date of 2025, when Finland's installed solar capacity will be significantly boosted. According to the International Renewable Energy Agency, Finland will deploy 900 megawatts of solar power by the end of 2023, up from 664 megawatts the previous year. This achievement not only demonstrates Finland's rapid development in the field of renewable energy, but also demonstrates the EU's positive contribution to the global energy transition.

With the increasingly serious problem of global climate change, renewable energy has become an important direction of global energy transformation. As one of the world's leading economies, the EU has been committed to promoting the development and application of renewable energy. Through cooperation with countries such as Finland, the EU will continue to promote the process of global energy transition and make a greater contribution to the sustainable development of mankind. Editor/Xu Shengpeng