Fennovoima Archives - Independent North

Russia’s Rosatom seeking billions in compensation from Fennovoima

On: August 23, 2022

Reuters on Tuesday reported that Russian state-owned firm Rosatom has begun legal proceedings seeking $3 billion in damages from Finland’s Fennovoima consortium for pulling the plug on a nuclear power plant in Finland. Prior to Russia’s invasion of Ukraine, Finland was to grant final building permits for the project thisContinue Reading

Fennovoima nuclear power plant construction hit by further delays, increased costs

By: Christian Jukka

On: April 29, 2021

In: Uncategorized

Fennovoima’s plans to build a controversial nuclear power plant in Pyhäjoki, on Finland’s northwest coast, will be delayed again, the company announced in a statement on Wednesday. The nuclear power consortium said that it has taken longer than expected to bring the project’s design and licensing materials up to requiredContinue Reading