In 2012, we started project development for wind power in Finland. Project development includes, among other things, planning, land leasing and negotiations with land owners, measurements, environmental impact assessment, project arrangements, permits and the conclusion of zoning agreements.
Project development is therefore land-use planning aimed at building permits and the construction of power plants. In essence, it is the coordination of different interests: the search for the optimal construction site and the best wind conditions, taking into account the location in relation to the residential areas, as well as the low impact on nature. During project development, information is gathered and a compromise is reached through dialogue ensuring the financial conditions of the project and minimising the negative effects.
In November 2019, we took an important step as we sold the first self-developed wind power project to Suomen Hyötytuuli Oy. Energy companies and foundations are interested in purchasing wind farms, seeking returns on their investments from sustainable energy production. Environmental friendliness is also one of the starting points in the selling of wind farms.
There are a lot of different operators in Finland offering wind power project development, but we are the only construction company among them. We also build foundations and infrastructure, such as roads for wind farms, and we have completed almost 200 of them in Finland and Sweden.
YIT has also developed a concept in which the data centres produce their own electricity using wind turbines and the waste energy produced by the centres is sold and transmitted to nearby greenhouses, where it helps farmers grow food locally. Waste energy can also be sold to the district heating system reducing the amount of fossil fuel used. The objective of the process is to reach a net zero carbon footprint.