Insights

Following the universal tendency, the European Union is striving to achieve ambitious energy and climate targets by 2020, including 10% requirement of renewable fuels in the transport sector. In many of those energy conservation measures and in terms of efficiency of energy use, Finland numbers among the leading countries in the world. Finland relies heavily on the energy efficiency as the source of most of the country’s cleantech business value.

Bioenergy – a renewable energy derived from biomass – is playing a vital role in many geographical areas. Currently, it is estimated to provide around 10% of the world’s primary energy supply.
In accordance with a global trend, Finland is acknowledged for its long and successful history in bioenergy, especially in forest biomass-based solutions. The high performance in turn has been enabled by innovative technology and engineering solutions as well as strong supporting research sector.

Spinverse is excited to present yet another customer success story: Oulu-based start-up Nukute has been selected for funding in the latest round of Horizon2020 SME Instrument, for Phase 1.

Spinverse advises Kaidi, one of China’s leading renewable energy producers, to plan a biofuel refinery investment project, an investment of one billion euros to Finland. The second generation biofuel refinery is planned to be built in Ajos, Kemi. The technology used in the biorefinery is globally unique and the planned facility will prove that high-quality biodiesel can be produced from woody biomass.

Highlighting a sample of successful projects: from research, through piloting and demonstration, to innovations and business growth:

A part of developing more sustainable lifestyles is to extend the lifetime and foster re-use of items. Currently, acquiring second-hand items through peer-to-peer internet sites can be a time consuming and challenging process.