Korkia published the IRENA report on renewable power generation costs in 2025.
Public source
Publisher name
Public post
Falling generation costs have transformed the economics of renewable energy over the past decade. The conversation is shifting from cost competitiveness to project deliv…
Company
Korkia
Powering tomorrow. Energizing returns.
- Industry
- Renewable Energy Power Generation
- Location
- Helsinki, FI
- Company size
- 51–200 employees
About Korkia
Korkia is a global investor and developer accelerating the transition to renewable energy. Together with local partners, Korkia develops utility-scale solar, wind, and energy storage projects that drive meaningful financial returns and deliver renewable gigawatts transforming the global energy landscape. The company operates in nine markets across Europe, North and South America, powered by a team of 50 in-house professionals and over 75 local development partners. Established in 2006, Korkia is a privately owned company with headquarters in Finland and offices in Chile, Italy and the United Kingdom. Korkia is one of Europe’s fastest-growing companies in the field of renewable energy.
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Latest activity from Korkia
6 signals
Capital & Finance
Korkia secured EUR 10.7 million in new financing, including a EUR 5 million loan facility from Nefco and a EUR 5.7 million bond issue, to support its international investment portfolio of renewable energy projects.
Partnerships
Korkia continued its excellent cooperation with Nefco, the Nordic Green Bank, and its investor network.
Research & Knowledge
Korkia published the August edition of its newsletter Renewables Radar.
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International Renewable Energy Agency (IRENA) published the report Renewable Power Generation Costs in 2025, showing that globally, total installed costs for battery energy storage systems fell to around USD 140/kWh in 2025, about 95% below 2010 levels.
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