Hydro capacity accounted for 15.4% of total power plant installations globally in 2023, according to GlobalData, with total recorded hydro capacity of 1,407GW. This is expected to contribute 10.9% by the end of 2030 with capacity of installations aggregating up to 1,562GW. Of the total global hydro capacity, 0.23% is in Finland. Listed below are the five largest upcoming hydro power plants by capacity in Finland, according to GlobalData’s power plants database. GlobalData uses proprietary data and analytics to provide a complete picture of the global hydro power segment. Buy the latest hydro power plant profiles here.
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1. Pyhasalmi
The Pyhasalmi is a 75MW hydro power project located in Northern Ostrobothnia, Finland. The project is currently in permitting stage. The project is expected to enter commercial operation in 2025. Buy the profile here.
2. Sierila
Sierila is a 44MW hydro power project in Lapland, Finland. Kemijoki is developing this project. The project is expected to come online by 2026. The project is currently in permitting stage. It is owned by Kemijoki. Buy the profile here.
3. Kuhankoski
The 8.40MW Kuhankoski is located in Central Finland, Finland. It is owned by Koskienergia. The hydro project is currently in partially active stage. Koskienergia is developing this project. Buy the profile here.
4. Laurinvirta
The Laurinvirta is a 2MW hydro power project. It is planned in North Karelia, Finland. The project is currently in permitting stage. It will be developed by Laurinvirta. Post completion of construction, the project is expected to get commissioned by 2027. Pohjois-Karjalan Sahko; City of Joensuu is the owner of the project. Buy the profile here.
5. Renewable Underground Pumped Hydroelectric Energy Storage
The 2MW hydro project, Renewable Underground Pumped Hydroelectric Energy Storage is expected to get commissioned by 2028. It is being developed by Pumped Hydro Storage Sweden. The project is currently in permitting stage. Pumped Hydro Storage Sweden is the owner of the project. Buy the profile here.
For more details on the latest hydro power plants, buy the project profiles here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Power Plants database, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide.
