Nordic solar developer and independent power producer Alight has signed a power purchase agreement (PPA) with automotive safety supplier Autoliv for most of the clean electricity generated from the 100MWp (megawatts peak) Alight solar park in Eurajoki, Finland, expected to become operational in 2026.
Their agreement is the largest solar PPA yet signed in the country.
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Alight will fund, build, own and manage the solar park.
Autoliv will obtain most of the clean electricity generated, guaranteeing it a long-term energy supply at a consistent, low cost.
The PPA supports the expansion of renewable energy capacity in Finland and aligns with Autoliv’s goal of carbon neutrality in its operations by 2030.
Alight CEO Warren Campbell stated: “Solar power has great potential to transform the Finnish energy landscape by complementing its wind production, and we’re proud that together with Autoliv, we are announcing the largest solar PPA in Finland. By combining its sustainability leadership with our expertise in solar development, we are jointly making significant strides toward a low-carbon future.”
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By GlobalDataAlight recently secured €46m ($50.6m) in senior debt from SEB and ABN AMRO to fund the park’s development.
The facility will produce 100 gigawatt hours of capacity annually, enough to power 20,000 households.
Construction is beginning in spring 2025.
Autoliv vice-president of sustainability Kaisa Tarna-Mani stated: “At Autoliv, we are committed to operating our business in an environmentally sustainable manner while delivering world-class products to our customers. With a focus on renewable electricity, we see virtual PPAs as a strategic cornerstone of our low-carbon operations.”
The PPA comes after Alight acquired the 215MWp Lidsø solar park in Lolland, Denmark in March 2025..
Developed by European Energy, the project is located at Rødby Havn in the municipality of Lolland.
Construction began in the summer of 2024 and the project will be commissioned in the summer of 2025. Two blue-chip companies have agreed to buy power from the solar park.
SEB provided €127m in debt financing to Alight to fund the acquisition.
