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Fortum’s first CHP plant in Lithuania operational

Finnish power utility Fortum has inaugurated a new waste-to-energy combined heat and power (CHP) plant in Lithuania.

Fortum’s new $355m CHP plant

Fortum has continued its investments in Finland through its associated company Turun Seudun Energiantuotanto Oy's (TSE) new combined heat and power (CHP) plant in Naantali.

Fortum offering

The Finnish Ministry of Trade and Industry has commenced operations for the public offering of Fortum the company formed by the merger of IVO Group and Neste. The offering is expected to take place before the end of the year.

Fortum’s Naps Systems delivers solar power to China

Naps has signed agreements on a total of 18 solar power systems to be installed in the provinces of Qinghai and Shanxi in China.

Fortum’s new unit at its Chelyabinsk CHP plant

Fortum has commissioned the second unit of its Russian investment programme in Chelyabinsk, West Siberia. The new CHP unit at Chelyabinsk CHP-3 started capacity sales earlier this month.

Power plant for Fortum’s Siberian oil and gas facilities

Fortum has selected the Russian engineering company E4 Group as contractor for construction works at its Nyagan greenfield power plant project in Siberia.

Fortum on acquisition trail

Finland's Fortum's CEO says the company is keen to make a sizeable acquisition in the European power sector this year, with analysts speculating that Germany's Uniper could be of interest to them.

Fortum moves into Latvian CHP

Finland's Fortum is to acquire the shares in Jelgavas Kogeneracija, which provides district heating to the city of Jelgava in Latvia.

Oil buoys Fortum

Finnish Energy group Fortum has announced its first half results, citing the recent recovery in the price of crude oil as the main reason for a rise in profits. The company produced a ten per cent rise in its first-half operating profits in spite of weak electricity prices.

Fortum opens for business in India

Finnish power generation company Fortum, known for its low emissions and energy efficient technology, launched its India operations on 18 September.