The 1,500MW capacity of the planned turbines would provide enough electricity for 800,000 Swedish households.
‘Together with Vattenfall, we can contribute to Sweden’s energy policy goal to have 17TWh of renewable electricity by the year 2016,’ said Gunnar Olofsson, president and CEO of Sveaskog.
According to Sveaskog, there are around 2,000 suitable wind turbine sites on the 22,000 hectares of land it owns in Sweden.
As part of the agreement, Vattenfall will plan and apply for a permit for installing wind turbines on that land in a number of areas in Halland, Västra Götaland, Kronoberg, Kalmar and Blekinge counties in the south of Sweden.
As a company, Vattenfall plans to invest $6.5bn in wind power generation up to 2016. Its objective is to generate a total of 8TWh of electricity from wind power – enough power to supply 1.6 million homes in Sweden.