Financing the final phase of 100MW onshore wind farm in Estonia, Europe Investment Grade, Dark Green, SFDR article 9 classification Estonia’s highest rated international bond, first ever international green bond Tallinn, Estonia – July XX, 2022 Aidu Wind Farm (“Aidu”) is finalising capital raising for a EUR 150 million investment grade green bond to finance […]
The Estonia-based multimegawatt-class Eleon prototype wind turbine, located in Salme Wind Park, broke the record in producing electrical energy in 2017 and as a result is capable of covering the yearly energy needs of more than 5,000 average home consumers. The Eleon 3MW wind turbine produced a record 12.2 GWh of electricity. In the prior […]
After year and a half of negotiations, Eleon has bought a Finnish wind turbine blade factory named Mervento, including all technology and fittings. The Finnish company itself only made it to the production of the first prototype. According to Oleg Sõnajalg, it was the closest factory to Eleon, and therefore a profitable purchase. Oleg and Andres Sõnajalg, founders of […]
Estonian based technology multimegawatt-class wind turbine prototype Eleon, located in Saaremaa, Salme, broke a production record which can cover more than 2,800 of average home consumer yearly energy needs. Despite last year’s bad wind conditions, Eleon 3MW wind turbine produced a record 11.3 GWh of electricity, which covered a total energy need of 2820 average […]
There are around 200,000 wind turbines in the world. On average, twelve fires involving these turbines take place annually. It is up to each person to decide if this number is too high or not. However, it is a fact that we all consume electricity every day and electricity production with wind turbines is an […]
According to Oleg Sõnajalg, board member of Eleon AS, the company developing the Aidu wind farm, the foundation of the first wind turbine is currently being poured. The wind turbine is expected to be erected by the end of the year. Sõnajalg says that the park as a whole should be completed in 2019. “The […]
When the Estonian wind turbine manufacturer Eleon introduced its idea of launching mass production of multi-megawatt wind turbines nine years ago, many did not believe in the idea. According to Oleg Sõnajalg, board member of the company, there are now enough supporters who see value in establishing a new industry in Estonia. You plan to […]
