DOV1V Dovre Group

Tricon and Suvic will construct a waste-heat-to-energy power plant for Fortum’s district heating system in Kirkkonummi

Tricon and Suvic will construct a waste-heat-to-energy power plant for Fortum’s district heating system in Kirkkonummi

Dovre Group Plc                Press release                September 21, 2023, at 10 am

Tricon and Suvic will construct a waste-heat-to-energy power plant for Fortum’s district heating system in Kirkkonummi

A Working Association of Tricon Oy and Suvic Oy will build a waste heat power plant in the data center area of Kirkkonummi. The work will consist of constructing the buildings required for waste heat capture, the foundations of the heat-sink-battery and the pumping facilities. The power plant will provide energy to Fortum’s district heating system in Kirkkonummi.

The power plant, which is using the excess heat generated by the Kirkkonummi data center as well as heat from the surrounding air will consist of a heat capturing facility with heat exchangers, air-to-water heat pumps and electric boilers, as well as a 20 000 cubic meter of water heat-sink-battery and associated pumping facility. The Working Association Tricon-Suvic is the main contractor of the project and is responsible for construction of the buildings, heat-sink-battery foundations and constructing the pumping station. The principal of the work is Fortum Power and Heat Oy. The work will commence in autumn 2023 and will continue until the end of 2025.

“The scale of magnitude of this waste-heat-to-energy conversion is unique not only in Finland but also around the world. The project supplements perfectly Suvic’s carbon-neutral energy construction and design offering for its clients, which previously already included both EPC construction of infrastructure for windfarms and EPC construction of industrial scale solar parks”, states Suvic’s CEO Mr. Ville Vesanen about this large-scale project.

The heat-sink-battery acts as a buffer for the district heating system. The water in the battery system can be heated with waste heat from the data center, but also independently with air-to-water heat pumps and direct electric heating. Reusing waste heat has a large environmental benefit, because it alone will provide a large portion of the energy required by Fortum’s district heating system in the area. The power plant is planned to provide heat from the winter 2025-2026 onwards.

“Fortum has made a pledge to stop using coal in the production of district heat at the latest by the end of 2025 in the Espoo, Kauniainen and Kirkkonummi district systems. The project is important locally, but also countrywide in our journey to a carbon-neutral Finland”, explains the project manager Mr. Teemu Nieminen of Fortum’s heating and cooling business area.

Suvic has been designing and planning the required work for almost a year now in good co-operation with Tricon Oy. ”The physical work will commence in Kirkkonummi in September 2023 and we will be ready for equipment installations in December 2024”, states the project manager of Working Association Mr. Jukka Kallio from Suvic.

The managing director of Tricon Oy Mr. Jukka Siltanen is eagerly waiting for the work to start in the Kirkkonummi Kolabacken area. ”This is a unique opportunity, since re-cycling waste heat will advance our national environmental goals. Re-cycling data center waste heat around the country can contribute several percentage points towards the CO2 reduction target of Finland”.

For further information, please contact:

Ville Vesanen  

CEO, Suvic Oy  

Tel. 8  

,  

Ilari Koskelo  

Vice Chairman of the Board, Dovre Group Plc  

Tel. 8  

Dovre Group is a global provider of project management services. Dovre Group has three business areas: Project Personnel, Consulting and Renewable Energy. Dovre Group has offices in Canada, Finland, Norway, Singapore, and the US, and employs more than 800 people worldwide. Dovre Group is listed on Nasdaq Helsinki (symbol: DOV1V). Website: .

Suvic Oy is a construction company founded in Oulu in 2017, specializing in the implementation and project management of wind farms. The company also offers contracting services for energy and industrial construction. Suvic brings new, innovative practices to the field of energy construction through design, construction and project management. The company's current sites include Valrea's Kalistanneva and Matkussaari wind farms (Kurikka), Exilion Tuuli's Isokangas-Palokangas wind farms (Ii), Prime Capital's Lappfjärd wind farm extension (Kristiinankaupunki), Prime Capital's Sandbacka wind farm (Uusikaarlepyy and Vöyri) and CPC Finland's Lakari solar power plant.

Distribution:

Nasdaq Helsinki

Major media

 



EN
21/09/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Dovre Group

 PRESS RELEASE

Markku Taskinen has been appointed as the CEO of Suvic Oy, a subsidiar...

Markku Taskinen has been appointed as the CEO of Suvic Oy, a subsidiary of Dovre Dovre Group Plc                        Inside information                May 22, 2025, at 2 pm Markku Taskinen has been appointed as the CEO of Suvic Oy, a subsidiary of Dovre Markku Taskinen has been appointed as the new CEO of Suvic Oy, succeeding Ville Vesanen. He will assume the position at the latest on September 22, 2025. The planning of the future composition and role structure of the company’s management team will begin immediately, and the outcome will be announced by autumn. Taskinen joins Suvic...

 PRESS RELEASE

Dovren tytäryhtiön Suvic Oy:n toimitusjohtajaksi on nimitetty Markku T...

Dovren tytäryhtiön Suvic Oy:n toimitusjohtajaksi on nimitetty Markku Taskinen Dovre Group Oyj                        Sisäpiiritieto                        22.5.2025 klo 14.00 Dovren tytäryhtiön Suvic Oy:n toimitusjohtajaksi on nimitetty Markku Taskinen Suvic Oy:n uudeksi toimitusjohtajaksi ja Ville Vesasen seuraajaksi on nimitetty Markku Taskinen. Hän aloittaa tehtävässään viimeistään 22.9.2025. Yhtiön johtoryhmän tulevan kokoonpanon ja roolituksen suunnittelu käynnistetään viipymättä, ja tuloksesta tiedotetaan syksyyn mennessä. Taskinen siirtyy Suviciin Hartela Pohjois-Suomi Oy:n toi...

 PRESS RELEASE

NOTICE TO THE EXTRAORDINARY GENERAL MEETING OF DOVRE GROUP PLC

NOTICE TO THE EXTRAORDINARY GENERAL MEETING OF DOVRE GROUP PLC Dovre Group Plc                        Stock Exchange Release                      May 19, 2025, at 10 a.m. NOTICE TO THE EXTRAORDINARY GENERAL MEETING OF DOVRE GROUP PLC Notice is given to the shareholders of Dovre Group Plc (“Dovre” or the “Company”) to the Extraordinary General Meeting (“EGM”) to be held on Thursday, June 12, 2025, at 10:00 a.m. at Dovre headquarters, address Ahventie 4, 02170 Espoo. The reception of the persons who have registered for the meeting and the distribution of voting tickets will commence at 9:...

 PRESS RELEASE

KUTSU DOVRE GROUP OYJ:N YLIMÄÄRÄISEEN YHTIÖKOKOUKSEEN

KUTSU DOVRE GROUP OYJ:N YLIMÄÄRÄISEEN YHTIÖKOKOUKSEEN Dovre Group Oyj                        Pörssitiedote                        19.5.2025 klo 10.00 KUTSU DOVRE GROUP OYJ:N YLIMÄÄRÄISEEN YHTIÖKOKOUKSEEN Dovre Group Oyj:n (”Dovre”) osakkeenomistajat kutsutaan ylimääräiseen yhtiökokoukseen, joka pidetään torstaina 12.6.2025 klo 10.00 alkaen Dovren pääkonttorilla, osoite Ahventie 4, 02170 Espoo. Kokoukseen ilmoittautuneiden vastaanottaminen ja äänestyslippujen jakaminen kokouspaikalla aloitetaan klo 9.30. A. YLIMÄÄRÄISESSÄ YHTIÖKOKOUKSESSA KÄSITELTÄVÄT ASIAT Yhtiökokouksessa käsitellää...

Dovre Group Oyj: 1 director

A director at Dovre Group Oyj bought 125,000 shares at 0.219EUR and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clear...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch