Potential offtaker

Helen Oy

www.helen.fi

Estimated electricity consumption

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Countries of production presence

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Helen Oy is a leading energy company based in Finland that operates in the integrated electric utilities sector. The company is committed to decarbonisation and promoting the use of renewable energy sources to reduce carbon emissions and mitigate climate change. Helen Oy provides a range of energy services to residential, commercial, and industrial customers in Finland.

The company's mission is to create a sustainable energy future by providing reliable, affordable, and environmentally friendly energy solutions. Helen Oy has been at the forefront of the energy transition in Finland, investing heavily in renewable energy sources and energy-efficient technologies. The company has a strong focus on corporate energy solutions, offering a range of services to help businesses reduce their carbon footprint and achieve their sustainability goals.

One of the key services offered by Helen Oy is corporate power purchase agreements (PPAs). A corporate PPA is a long-term agreement between a business and an energy supplier to purchase renewable energy. The agreement guarantees a fixed price for the energy, providing businesses with stability and predictability in their energy costs. Helen Oy has been a pioneer in corporate PPAs in Finland, helping businesses transition to renewable energy sources and reduce their carbon emissions.

Helen Oy has a diverse portfolio of renewable energy sources, including wind, solar, hydro, and bioenergy. The company's wind power portfolio is one of the largest in Finland, with a total capacity of over 300 MW. Helen Oy has also invested heavily in solar energy, with a total capacity of over 10 MW. The company's hydro and bioenergy portfolios provide additional renewable energy sources, helping to reduce Finland's reliance on fossil fuels.

In addition to renewable energy sources, Helen Oy is also investing in energy storage technologies. Energy storage is a critical component of the energy transition, allowing renewable energy sources to be used more effectively and efficiently. Helen Oy has implemented several energy storage projects, including a 1 MW/1 MWh lithium-ion battery system in Helsinki. The battery system is used to store excess energy from wind and solar sources, providing a reliable source of energy during periods of low wind and solar output.

Helen Oy is also committed to promoting energy efficiency and reducing energy consumption. The company offers a range of energy-efficient solutions for businesses and households, including LED lighting, smart heating systems, and energy audits. Helen Oy has implemented several energy efficiency projects, including a district heating network in Helsinki that uses waste heat from a nearby data center. The district heating network provides heating and hot water to over 4,000 households, reducing their energy consumption and carbon emissions.

Helen Oy is also actively involved in research and development, working to develop new and innovative energy solutions. The company has partnered with several universities and research institutions to develop new technologies and solutions for the energy sector. Helen Oy has also invested in start-ups and innovation projects, supporting the growth of the Finnish energy sector.

In conclusion, Helen Oy is a leading energy company in Finland that is committed to decarbonisation and promoting the use of renewable energy sources. The company's focus on corporate energy solutions, including corporate PPAs, has helped businesses transition to renewable energy sources and reduce their carbon emissions. Helen Oy's diverse portfolio of renewable energy sources, energy storage technologies, and energy-efficient solutions has helped to reduce Finland's reliance on fossil fuels and promote a sustainable energy future.