RUSNANO and Fortum are under negotiation to agree cooperation opportunities in the field of wind energy

25 Nov 2016 Today RUSNANO and Fortum have signed a preliminary cooperation agreement. The agreement provides for the possibility of establishing a wind park in the coming years with a total capacity of several hundred megawatts. The signing took place at V International Energy Efficiency and Energy Development Forum, ENES 2016. Sergey Morozov, the Governor of the Ulyanovsk region and Alexander Novak, Minister of Energy of the Russian Federation took part in the ceremony of signing the agreement.

This capacity should drive the demand for wind power equipment to make manufacturers of such equipment to organize the production of its key components on the territory of Russia in accordance with the requirements of the legislation.

Selection a wind equipment supplier that can arrange the localization of wind turbine component production in Russia is an important condition for building а partnership.

“Production of electricity from renewable energy sources, in particular, wind energy is one of the key elements of Fortum strategy. Next year we are planning to complete the construction of the largest in the country, 35 MW wind farm in the Ulyanovsk region. This project is a unique experience for us, which can be used in cooperation with RUSNANO, and with the industry as a whole,” said Alexander Chuvaev, Executive Vice President of Fortum Corporation, Head of Russia Division.

“The signing of this agreement today signals that the wind energy market major players are come in and that the wind energy market starts to develop actively. It is important to note that this event is beyond the scope of a separate industry. We, in fact, are starting the creating of two new segments of the economy. On one hand, RUSNANO together with the partner is considering the possibility to invest in the construction and operation of wind farms, and on the other, is creating the domestic industry for production of wind turbine parts and components: blades, towers, generators, inverters and supported electronics. At the same time, we stay in our direction, the listed products will also be produced with the use of nanotechnology. RUSNANO separately from wind farm construction is planning to invest up to 1 billion rubles to finance the localization project,” said Anatoliy Chubais, Chairman of the Executive Board of RUSNANO.

“The main advantages of wind energy are the fact that it does not cause any harm to the environment, and has relatively low cost of energy produced. Let me remind you that Russia has adopted a program to support renewable generation. It is planned to build generating facilities of renewable energy sources with 5.9 GW capacity. We have already selected 120 generating facilities with total installed capacity 2055.64 MW and attracted about 306.5 billion rubles of private investment. Moreover, the use of wind energy is one of promising directions of modern power engineering,” said Alexander Novak, Minister of Energy of the Russian Federation.

"We are considering alternative energy in general and wind energy in particular as one of priority directions for development of the region. The wind measurements in the Ulyanovsk region are conducted with the purpose to place wind farms with total capacity of 300 MW in the future, which can be interesting for investors — potential participants of the wind energy market. Besides that, I am pretty confident that in our region there are enough companies, which are able equally with western partners to participate in a large-scale project, which is to be started by RUSNANO and Fortum. Therefore, for the purposes of investment analysis and justification of wind turbine component production, a consortium of investors, development institutions and technology companies has been established in the Ulyanovsk region, which signed a cooperation agreement with RUSNANO,” said Sergey Morozov, the Governor of the Ulyanovsk region.

The consortium includes: “Development Corporation of the Ulyanovsk region”, “DARS Management company”, “Ulyanovsk Nanocenter ULNANOTECH” and “AeroComposite-Ulyanovsk” company where it is planned to manufacture wind turbine blades.

The wind energy market in the world continues developing at a steady pace: the growth of the industry in 2015 amounted to 18%. Thus, more than half of the world wind energy was introduced during last 5 years. The wind has become a key source of new generation in Europe and the United States and the second largest in China. In recent years, the wind energy has been actively developed in Brazil and India.

The development of wind power in Russia has become possible due to government support of renewable energy through the mechanism of guaranteed return for investors. In turn, renewable energy not only seriously improves the ecology of regions, but also contributes to the global reduction of greenhouse gas emissions, which is especially important in connection with the threat of global warming in the world.


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