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Enefit Green production data – May 2025
Globenewswire·2025-06-13 06:00

Core Insights - Enefit Green's electricity production in May reached 153.2 GWh, a 32% increase compared to the previous year, driven by new wind and solar farms [1][5] - Wind energy production was 122 GWh, marking a 34% increase year-over-year, while solar energy production reached 19.9 GWh, nearly 50% higher than last year [1][3][5] Production Details - The increase in wind energy production was attributed to new wind farms, specifically the Sopi-Tootsi and Kelme I wind farms, along with the Sopi solar farm [1] - Despite the overall increase, downregulations due to low electricity prices resulted in 26.5 GWh of unproduced wind energy, with 14.2 GWh from the Finnish market [2] - Weather conditions negatively impacted wind production by approximately 12.7 GWh, particularly affecting Lithuanian wind farms [2] Segment Performance - The production from new wind farms contributed significantly, with 69.9 GWh produced, a 73.2% increase from last year [5] - Solar energy production was also affected by downregulation, leading to 2.6 GWh unproduced, while weather conditions had a positive impact of +0.3 GWh [3] - The Iru cogeneration plant's electricity production decreased by 6% to 11.2 GWh, and thermal energy production fell by 4.7% to 36.1 GWh [4][5] Country-Specific Production - Estonia saw a significant increase in electricity production, rising by 92.5% to 90.2 GWh, while Lithuania's production increased by 10% to 54.2 GWh [5] - In contrast, Finland experienced a drastic decline in production, down 87.4% to 1.9 GWh [5]