Futureal Energy Partners (FEP), the energy arm of Hungarian real estate developer Futureal Group, has entered into a partnership with Finnish energy project developer Aurinkokarhu to jointly develop a pipeline of approximately 3 GW of solar, battery storage and hybrid projects in Finland (Aurinkokarhu Oy press release, 17/08/2026).
Under the agreement, FEP will be involved in the development and financing of the Finnish renewable energy portfolio.
- The portfolio is currently primarily focused on battery energy storage systems, with around 2 GW of storage capacity under development.
- It also includes 1 GW of solar projects, alongside several hybrid schemes combining solar parks with energy storage.
- Approximately 1 GW of the portfolio is expected to reach the construction stage in 2026, with the remaining projects scheduled for 2027–2028.
According to Aurinkokarhu, the partnership builds on the companies’ previous cooperation on the 124 MW Tuovila BESS transaction, which was completed in 2025. The facility is expected to become operational in 2027.
Finland aims to reach 62% of renewables in final energy consumption in 2030 and to reduce GHG emissions by 60% (compared to 1990). The country also intends to become carbon-neutral by 2035. As of August 2026, around 178 GW of solar projects are planned according to our data (Enerdata Global Energy Research).
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