End of January 2011, Fortum's combined heat and power plant (CHP) in Parnu/Estonia was inaugurated. The new CHP plant in Parnu use local fuels like wood-chips, wood residues from industry and milled peat as fuels. The production capacity of the CHP plant is 24 MW of electricity and 50 MW of heat. Its annual sales volume will be 110 GWh of electricity and 220 GWh of heat, which covers the district heating demand of all Parnu. The value of the investment is around €80 million.
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