Search results for: Finnish

Aurelia joins the world’s largest corporate responsibility initiative

Aurelia has joined the UN Global Compact, the world’s largest corporate responsibility initiative. In 2000, the UN challenged companies to conduct their business responsibly. The UN Global Compact operates in more than 160 countries. More than 15,000 companies and over 3,000 other organisations are involved. Aurelia and other organisations committed to the initiative comply with international obl…
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Oxana Saloshina: Both family and work are important

Meeting the love of her life in Finland brought Aurelia’s test engineer Oxana Saloshina to Lappeenranta, but it was her passion for work that drove her to search for work at Aurelia Turbines. “My engineering career started in a big multinational company. I grew quickly to maintenance and commissioning engineer there, and I was their first female field service engineer in the world”, Saloshina say…
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Oxana Saloshina

Oxana Saloshina: Both family and work are important Meeting the love of her life in Finland brought Aurelia’s test engineer Oxana Saloshina to Lappeenranta, but it was her passion for work that drove her to search for work at Aurelia Turbines. “My engineering career started in a big multinational company. I grew quickly to maintenance and commissioning engineer there, and I was their first fema…
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The Finnish Climate Fund presents Aurelia Turbines in its Corporate Social Responsibility Report

The Finnish Climate Fund has just published its first CSR report. The mission of the fund is to promote innovative climate solutions and the Code of Conduct requires the Climate Fund to assess the impact of investments on climate change when making funding decisions. From this perspective, the Climate Fund also presents Aurelia Turbines in its report. The Climate Fund's three main impact criteria…
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Matti Malkamäki in Talouselämä on hydrogen economy

Finland has finally nailed its target and wants to grab a 10% slice of the EU's clean hydrogen production. Finland has all the ingredients to grab billions in investment in new fuels and other high value-added hydrogen products, but in a tough race, the loser could be left with the job of bulk hydrogen seller. Aurelia Turbines CEO Matti Malkamäki was interviewed by Talouselämä, the leading busine…
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The Finnish Climate Fund invests in hydrogen turbine manufacturer Aurelia Turbines

Lappeenranta, Finland: The Finnish Climate Fund has granted a capital loan of €5 million to Aurelia Turbines. Aurelia Turbines produces the most efficient small gas turbines in the world. The turbines have been designed to use hydrogen, biogas and synthetic gas, as well as other renewable and non-standard fuels. According to Matti Malkamäki, CEO of Aurelia Turbines, Aurelia's products enable a…
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Aurelia CEO Matti Malkamäki to chair the Finnish public sector hydrogen network

In Finland 36 cities, development companies of cities as well as research, training and other organizations have now founded a national hydrogen network Vetyverkosto. The aim of the network is to support local companies to make use of opportunities to grow into new types of value producers in the hydrogen economy. In addition, ongoing hydrogen-related projects in different regions are being mappe…
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500 million hydrogen plant in Kokkola is just a baby step – Malkamäki’s five responses on Yle shed light on why hydrogen is important and for whom

Flexens, a company based in Åland, plans to build a 300 megawatt hydrogen plant in Kokkola, Finland, which will produce hydrogen by electrolysis and further process it into green ammonia. The project has an investment cost of EUR 500 million. “This is the largest green hydrogen project in Finland so far, and it is large even by European standards," says Timo Ritonummi, Industry Counsellor at th…
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BotH2nia visited Aurelia

Finnish-Swedish network BotH2nia visited Aurelia’s premises in Lappeenranta. Aurelia Turbines’ CEO Matti Malkamäki, R&D Director Toni Hartikainen and CFO Janne Pottonen presented some 80 visitors with fuel-flexible turbines and how hydrogen can be used in Aurelia’s products. The BotH2nia network aims to build a robust hydrogen industry around the northern Baltic Sea. It combines its members’…
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Russian gas policy speeds up hydrogen projects

In the story published by the Finnish broadcasting company, YLE, Mikhail Krutihin, energy market expert at RusEnergy, a Russian energy company, says that Russia is now using three methods of blackmail to get concessions from the EU on Ukrainian policy and sanctions. Instead, the result may be the opposite of what Russia would like: The EU will only accelerate its transition away from fossil energy…
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Keynote speech by Matti Malkamäki at Energiamessut

The hydrogen revolution - what opportunities does it give us? The keynote speech on the opening day 25 Oct of the Energiamessut fair in Tampere, Finland will be given by Matti Malkamäki, the CEO of Aurelia Turbines. In his speech, Malkamäki delves into the question why hydrogen? There is a lot of talk and support for hydrogen - why is this and what does hydrogen enable? Malkamäki will also take a…
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We need to balance wind power production

“The Finnish electricity market needs a lot more generation capacity - and not just wind power”, writes Aurelia Turbines CEO Matti Malkamäki in his latest article. “The wind economy has a problem with balancing power. The solution is to invest in large-scale, diversified power generation and a hydrogen economy.” Read the article in Finnish on LinkedIn  
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Aurelia meeting the Dutch hydrogen mission

Aurelia Turbines CEO Matti Malkamäki chaired "Hydrogen & CCU discussion group" for the hydrogen innovation mission from Groningen, the Netherlands in Vaasa, Finland, on 19 May. The #Gromeetsnordics had arrived in Sweden and Finland to connect with industrial stakeholders, academia and other possible partners around topics such as energy, mobility and human capital. “It was noted that there is…
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Aurelia CEO Matti Malkamäki chosen to the steering group of the Finnish hydrogen cluster

Matti Malkamäki, the CEO of Aurelia Turbines, has been chosen to the steering group of the Finnish hydrogen cluster. A company-led national hydrogen cluster has been established to boost the hydrogen economy and develop the export of hydrogen-related solutions. The cluster accelerates the development of the hydrogen economy and the competitiveness of enterprises by promoting investment and an ope…
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City of Lappeenranta highlights investment in Aurelia Turbines

The City of Lappeenranta spotlights the Finnish Climate Fund’s recent decision to invest in Aurelia Turbines. The Fund decided on a €5 million capital loan to Aurelia Turbines to speed up the deployment of more efficient industrial gas turbines using hydrogen and biogas as a fuel. The capital loan of the Fund is already the third to companies in South Karelia. Aurelia’s turbine technology is base…
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Matti Malkamäki on Kauppalehti - Feasibility of many hydrogen projects is questionable

The competition in the hydrogen economy is so fierce that evaluation on the impact of hydrogen projects on the European energy market has been partially incomplete. Finland must be vigilant so that Finnish companies create sufficient added value in the hydrogen economy. Producing bulk hydrogen may not create it. The leading Finnish business daily Kauppalehti interviewed Aurelia Turbines CEO Matti…
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Aurelia Turbines one of the leading hydrogen start-up in Finland

Finland's most significant newspaper Helsingin Sanomat has listed Aurelia Turbines as one of Finland's eight major start-up companies in the hydrogen sector. These companies are going to show that they have the solutions to offer and also the opportunity to run profitable business with them. Aurelia Turbines has now completed its first commercial turbine deliveries. Read the article in Helsingin…
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Letter to the editor of Helsingin Sanomat: “Hydrogen must also be produced in other ways than only with solar and wind power”

“Finnish industry is currently planning several projects using hydrogen. For the time being, however, the price of hydrogen produced by wind and solar power is too expensive to carry out many important projects”, write Matti Malkamäki, CEO of Aurelia Turbines, and Laura Rahikka, CEO of Hycamite TCD Technologies, in their letter to the editor of Helsingin Sanomat, the leading newspaper of Finland.…
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Malkamäki on Helsingin Sanomat: Finland needs to invest in the hydrogen infrastructure

Finland should now invest in the infrastructure required by the hydrogen economy, says Aurelia Turbines' CEO Matti Malkamäki today in the leading Finnish newspaper Helsingin Sanomat. He is a member of the steering group of a Finnish Hydrogen Cluster. According to him, the huge wind power potential of the Bay of Bothnia could be exploited in the production of clean hydrogen. “In Germany, tens of…
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Low-carbon hydrogen technology taking steps further in Finland

Matti Malkamäki, the CEO of Aurelia Turbines, is pushing forward hydrogen technology in several Finnish companies. Yle, the Finnish Broadcasting Company, published a story about another hydrogen technology company, Hydrogenius. Malkamäki is the Chairman of the Board in Hyrdogenius. Hydrogenius has developed a method to produce low-carbon hydrogen, tells Yle based on an interview with Malkamäki. T…
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