Hanhikivi 1 Project
Fennovoima will build its nuclear power plant Hanhikivi 1 (FH1) to produce electricity for its owners at production cost price. The plant will be built in Pyhäjoki in Northern Finland.
Fennovoima and RAOS Project, subsidiary of Rusatom Energy International, have a plant supply contract for the Hanhikivi 1 nuclear power plant. According to the schedule agreed with Rosatom, Hanhikivi 1 plant will produce electricity in 2024.
The plant site on the coastal municipality of Pyhäjoki is located in Northern Ostrobothnia on the shore of the Baltic Sea. The name of the plant comes from Hanhikivi peninsula where the site is located in.