Solar power plants

Solar power play a crucial role in enabling the green transition. We have jointly owned solar power plants in India and we are developing solar plants in the Nordics.

Country	Power plant	Commercial operation started	Capacity (MW)*
Russia	Bugulchanskaya SPP	2017	15
Russia	Grachevskaya SPP	2017	10
Russia	Pleshanovskaya SPP	2017	10

_{*All figures in MWac rounded to nearest Megawatt, Russia Solar in MWp (dc).}

Jointly owned

Country	Power plant	Biggest owner	Capacity (MW)*	Fortum's share (%)
India	Amrit	Fortum	5	46
India	Kapeli	Fortum	10	46
India	Bhadla	Fortum	70	46
India	Pavagada	Fortum	100	46

_{*All figures in MWac rounded to nearest Megawatt, Russia Solar in MWp (dc).}

As announced in early March 2022, Fortum stopped all new investment projects in Russia and is not providing any new financing to its Russian subsidiaries. In May 2022, Fortum also announced that it is preparing a controlled exit from the Russian market, with potential divestments of its Russian operations as the preferred path. These processes might take some time and are subject to regulatory approvals. The company is complying with all applicable laws and regulations, including sanctions, and preparing for various scenarios.