Hydro Rein Expands Wind Power Development in Northern Sweden
Hydro Rein has partnered with Pajala Almänning to develop a large-scale wind power project in the region. The project, named Karhuvaara, will span over 7,000 hectares in the Pajala municipality, with plans to install up to 50 wind turbines.
The region is expected to see a substantial increase in demand for renewable energy, driven by investments in green steel, batteries, and fossil-free fertilizers. Hydro Rein’s expansion in northern Sweden aims to support this growth, with a focus on local engagement and collaboration with Sami reindeer herders, politicians, and green transition industries.
The Karhuvaara project is an important addition to Hydro Rein’s rapidly expanding portfolio in the Nordics. With this latest addition, Hydro Rein now has developments underway in all Swedish price areas. The company has a diversified portfolio with more than 60 renewable energy and energy efficiency projects under development in key markets in the Nordic countries and Brazil.
Hydro Rein’s strategy focuses on providing tailormade solutions to support the industrial need to decarbonize. The company has a gross capacity of 8.4 GW in its portfolio and long-term contracts signed for a production of 5.3 TWh per year.
Pajala Almänning, the common forest owned by approximately 2,000 co-owners, covers 67,000 hectares in the Pajala municipality. The forest is managed by a board with five members.
