ARE SOLAR PARKS – WE ARE AN ARCTIC SOLUTION
SOLAR POWER PARKS TO LAPLAND
Arctic Renewable Energy is a solar power development company based in Pello, Finland, whose mission is to develop industrial-class solar parks in Arctic regions and especially in western Lapland, which benefits from an excellent microclimate. The company’s first solar park, ARE Park Pello One, is scheduled for completion in 2026. In the long term, our firm intends to produce via several large-scale Arctic solar parks providing both “traditional” green electricity as well as green hydrogen, for example, through solar hydrogen production.
ARE PARK PELLO ONE: THE WORLD’S FIRST SOLAR PARK NORTH OF THE ARCTIC CIRCLE
Arctic Renewable Energy’s first solar park, ARE Park Pello One, is scheduled for completion in 2026 in a former land extraction site in Pello in westerns part of Finnish Lapland. The pilot power plant will be the northernmost industrial-scale solar park in the world. Among other things, it enables the innovative application of new solar power technologies in the Arctic.
WHY SOLAR POWER FOR THE ARCTIC?
In addition to energy self-sufficiency & the fight against climate change, there are numerous reasons to invest in Arctic solar power. Here are a few:
Thanks to the construction of wind power, western Lapland has excellent electrical grids and good infrastructure.
Northern Finland & Sweden have a sharply growing demand for green electricity & hydrogen due to carbon neutrality targets for industry and tourism.
Lapland has ample space, reasonable land rent prices, and the approval of the local population for the solar parks.
The construction of the power plants in the north is ecological. There is little need to cut down forests or decommission farmland.
Western Lapland benefits from the nightless summer nights & the Foehn effect caused by the Scandinavian mountains, creating a unique microclimate.
The new double-sided solar cells enable the utilization of radiation reflected from snow and make operations even more profitable.