VolagHy Kuopio SPV

Finlandvolaghy.com

VolagHy Kuopio SPV Oy is a Finland-based special purpose vehicle established to develop VolagHy’s power-to-liquids project in Kuopio. The company focuses on producing renewable synthetic aviation fuel (eSAF) using green hydrogen and biogenic CO₂.

The planned facility targets about 50,000 tonnes of eSAF per year, with start-up envisioned in the early 2030s, supporting emerging cross-border supply chains for low-carbon fuels. The Kuopio project is part of VolagHy’s wider program to deploy multiple eSAF plants across the Nordic region, contributing to the decarbonization of hard-to-abate sectors such as aviation.

Projects VolagHy is involved in

chemXplore tracks 1 project involving VolagHy, of which one is active.

VolagHy's role on them: Owner.

1 FEED / Pre-FID

1 new construction.

Expected to start operating
2026
none
2027
none
2028
none
2029
none
2030
none
2031
1 project

Offtakers are recorded on this project For subscribers

Targeting: Sustainable Aviation Fuel (1)

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Latest news on VolagHy

7 August 2026
VolagHy awarded EIB-backed Project Development Assistance

First large-scale efuel project in Finland selected for EU Innovation Fund PDA with EIB Advisory to strengthen technical and financial structuring and speed investment readiness.

2 June 2026
VolagHy and Airbus co-finance Kuopio eSAF feasibility study

Feasibility and financial modelling launched for a Kuopio flagship plant that aims to scale electro-based sustainable aviation fuel across the Nordics by 2040.

18 February 2026
VolagHy Releases EIA Program for Kuopio Site

The EIA program for the Kuopio site outlines environmental, social, and land-use assessments, moving the project into the formal evaluation phase with stakeholder engagement.

30 January 2026
ORLEN and InnoEnergy Partner for Renewable Hydrogen and eSAF in Europe

The partnership aims to scale renewable hydrogen and eSAF production, enhance cross-border collaboration, and support Europe's aviation decarbonization and energy resilience goals.

29 January 2026
ORLEN and VolagHy Expand Sustainable Fuel and Hydrogen in Europe

The partnership aims to develop renewable hydrogen and eSAF supply chains between the Nordics and Poland, supporting ORLEN's 2035 energy transition strategy.

29 January 2026
Orlen and ABO Energy Partner on Hydrogen Supply

The MoU focuses on green hydrogen production in Finland for Poland, marking a step in hydrogen transition and supply chain development in Central Europe.

27 January 2026
ORLEN Secures Finnish Hydrogen for Polish Industry

ORLEN partners with Finnish firms to boost renewable hydrogen supply and storage, supporting Poland's energy diversification and EU decarbonization goals.

7 January 2026
VolagHy Secures €150M Tax Credit for Kuopio eSAF Project

The project aims to industrialize eSAF production in Europe, leveraging local partnerships and resources, with plans for five facilities in the Nordics by 2040.

Where its projects are

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