Press releases

PVO-Vesivoima Oy has approved an investment programme covering refurbishment work at the Isohaara, Kierikki and Raasakka hydropower plants. At the same time, safety at the plants will also be improved. The investment forms part of t…

The Licensing and Supervisory Authority has rejected an administrative enforcement application seeking to terminate the short-term regulation practices at the Isohaara hydropower plant. The decision was issued on 12 May 2026.

Pohjolan Voima, one of Finland’s largest energy companies, has set new emissions targets aiming to reduce emissions intensity by 30 per cent in two emissions categories by 2030 from the 2024 baseline. The company generates energy…

Great Place to Work® published its annual Finland’s Best Workplaces list on Thursday, 26 March 2026. Pohjolan Voima Oyj was awarded first place in the small organisations category. The company has carried out long-term, systemati…

Tornionlaakson Voima Oy, which owns three hydropower plants in the Tengeliönjoki river basin in Northern Finland, is to be sold to sold to funds managed by Downing, a UK-based investment manager. Downing will continue Tornionlaakso…

The overhaul of the turbines at the Melo hydropower plant, located on the Nokianvirta, part of the Kokemäenjoki water system in Nokia, has been completed. The project concluded when the 1. turbine of the plant’s two turbines —…

Energy company Alholmens Kraft has made an investment decision regarding two 60-megawatt electric boilers to be installed at its power plant in Pietarsaari. This investment will increase the flexibility of heat and electricity produ…

The renovation of the turbines at the Melo Hydropower Plant, located in the Nokianvirta River in the Kokemäenjoki watershed, is progressing. The renovation project was initiated ahead of schedule, and the first of the turbines to b…

The construction project for the energy storage at PVO-Vesivoima’s Kierikki power plant has been completed. The company’s first, in total a three-megawatt ultracapacitor has been installed and commissioned. The project, located in t…

The Environmental Impact Assessment (EIA) programme for PVO-Vesivoima Oy’s Puhti pumped storage hydropower (PSH) project is now available. The EIA programme has been submitted to the Lapland ELY Centre and is open for public review…