• 51 MW Wind Farm in Kalmykia in Russian Federation to be launched in 2017

    /28th June 2016, RENEWABLE MARKET WATCHTM/ Alten Ltd., a subsidiary of a Czech based holding Falkon Capital a.s., has placed a purchase order with the German wind turbine manufacturer FWT Production GmbH for the 51 MW wind farm, which will be built in the Republic of Kalmykia in Russian Federation. The Engineering, Procurement and Construction (EPC) contract for the turnkey realization of the Kalmykia onshore wind farm project "Priyutnenskaya VES" 51 MW comprises engineering, supply and installation of  20 wind turbines with 2.5 MW each as well as all complete electrical and civil infrastructures.

  • First order for Siemens Gamesa in Russia for 90 MW Azovskaya Wind Farm

    /5th October 2018, RENEWABLE MARKET WATCHTM, Siemens Gamesa Renewable Energy/ The company will supply 26 of its SG 3.4-132 turbines at Enel Russia’s Azovskaya wind farm. Siemens Gamesa has secured its first order in Russia from Enel Russia, one of the country's independent power producers (IPP), for the supply of 90 MW of wind turbines.This is the first order for Siemens Gamesa in the country and belongs to the preliminary agreement signed with Enel in 2017 for the supply of 291 MW at two wind farms in Russia.

  • Fortum Targets Gigawatt-Scale Portfolio in Russian Solar PV and Wind Power Markets

    kazakhstan wind turbines small

    /27th September 2017, FORTUM, RENEWABLE MARKET WATCHTM/ One of Fortum’s overall targets is to create a gigawatt-scale portfolio in solar and wind power. As part of this, the company has increased its renewable capacity in Russia. Fortum took a major step in late 2017 with the Bugulchanskaya, Grachevskaya, and Pleshanovskaya solar power plants' acquisition, when it gained 35 MW of solar power capacity. Altogether, the three plants are capable of fulfilling the electricity needs of about 7,000 households. Russia’s Ministry of Energy recently reported that more renewable capacity was put into operation in 2017 than in the two previous years combined, with solar power plants accounting for the bulk of the 140 MW of newly commissioned capacity. According to Russia Wind Power Market Outlook 2018 - 2027, the country has abundant oil, gas and coal production capacity backed up by enormous reserves. Still, it also has the potential to be a giant in the area of renewable energy.
  • Recent Wind Energy Market Developments in Russia

    /28th November 2017, RENEWABLE MARKET WATCHTM/ In 2016, the Russian Federation, together with 118 countries, all in all, responsible for 75 per cent of global emissions, signed the Paris Agreement. This outcome of the UN Climate Change Conference COP21 in Paris was adopted by consensus on 12 December 2015. The Russian Federation is one of the world’s largest emitters and fossil fuels producers. Consequently, it has a large mitigation potential and could play a major role in international climate policy.

  • Russia Creates State-backed Wind Energy Investment Fund with €1.4 Billion Target Amount

    kazakhstan wind turbines small

    /17th July 2017, RENEWABLE MARKET WATCHTM, RAWI, RIA/ Russian Association of the Wind Power Industry (RAWI) and Russian Investment Agency “Invest in Russia” (RIA) signed an agreement on the creation of the “Wind Energy Fund” with a target amount of funds of 100 billion RUB (€ 1.4 billion). The main goal is to invest in the creation of wind power. The term of the fund is set at 15 years with the possibility of prolongation. The investment period is not more than 7 years; the target rate of return on projects is at the level of 15%. The main feature of creating an investment fund is using the mechanism of state guarantees of return of funds. According to Russia Wind Power Market Outlook 2016 - 2025, the country has abundant oil, gas and coal production capacity backed up by enormous reserves. Still, it also has the potential to be a giant in the area of renewable energy.

  • Siemens Gamesa Renewable Energy (SGRE) to Assemble Wind Turbines Nacelles in Russia

    /2nd November 2018, David Weston, WindPower Monthly/ Siemens Gamesa Renewable Energy (SGRE) has signed a cooperation agreement with Siemens Gas Turbine Technologies (SGTT) to assemble wind turbine nacelles in Russia. SGTT, a gas turbine manufacturing joint venture involving SGRE’s majority shareholder Siemens, operates a 12,700 square metre facility in the outskirts of St Petersburg, western Russia.

  • Vestas Signed Framework Agreement with Fortum Energy for Russian Wind Power Market

    /21st December 2017, VESTAS/ Following the success of Vestas and OOO Fortum Energy in Russia’s first wind energy auction, the two companies have signed the first order of a binding framework agreement. The framework agreement engages Vestas to supply its 4 MW platform for wind energy projects in the world’s fourth largest electricity market, while the order includes 14 V126-3.6 MW turbines for a 50 MW project at an undisclosed site. The announcement references company announcement no. 25 of 21 June 2017.

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