19.5.2026 News Power plant news Press releases Major investment programme for PVO-Vesivoima – hydropower generation to be strengthened over the next three years 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…
18.5.2026 News Power plant news Press releases Permit Authority Confirms Compliance of Regulation at the Isohaara Hydropower Plant 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.
25.3.2026 News Power plant news Press releases Tornionlaakson Voima transfers to new ownership 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…
23.3.2026 News Power plant news Press releases Overhaul of the Melo hydropower plant completed 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 —…
7.7.2025 News Lapland ELY Centre Publishes Statement on Our Puhti Project EIA Programme The Lapland ELY Centre has published its statement on the Environmental Impact Assessment (EIA) programme for the pumped storage hydropower project we have planned for Askanaava in Kemijärvi.
26.6.2025 News Power plant news Press releases Completion of the overhaul of the first turbine at the Melo hydropower plant 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…
12.6.2025 News Power plant news Press releases Ultracapacitor completed in Kierikki – the new energy storage is tested on the Iijoki river as part of the electricity market 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…
7.5.2025 News Press releases Environmental Impact Assessment Programme for Pohjolan Voima’s Pumped Storage Hydropower Project in Askanaapa Now Available – Puhti Office Also Opens in Kemijärvi 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…
10.2.2025 News Power plant news Press releases Pohjolan Voima’s pumped storage power plant project in Kemijärvi advances to environmental impact assessment Pohjolan Voima, one of Finland’s largest energy companies, is moving to the environmental impact assessment (EIA) phase in its pumped storage power plant project. A year ago, in February 2024, the company announced it was exploring…
23.1.2025 News Power plant news Press releases Melo hydropower plant undergoing major overhaul – both turbines to be refurbished this year The refurbishment of the turbines at the Melo hydropower plant, located in the Nokianvirta river in Nokia, part of the Kokemäenjoki water system, has begun ahead of schedule. The decision to start the refurbishment project was made…
