Vestas and Fortum are pleased to announce that the companies have reached an agreement on arbitration related to wind energy projects in Russia. The agreement entails both companies waiving past, present and future claims related to their traditional business activities in Russia. The terms of the agreement are otherwise confidential. With this agreement, Fortum and … Continue reading Vestas and Fortum reach agreement on arbitration related to wind energy projects in Russia
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Fortum, Rusnano JV Gets Wind Power Deal in Russia
Finnish state-controlled utility company Fortum Oyj said Tuesday that its wind investment fund joint venture with Rusnano OJSC has been awarded a wind power generation deal in the latest Russian renewables auction. The fund was awarded an annual capacity supply agreement worth between 16.9 billion and 23.8 billion rubles ($230 million to $323.9 million) for … Continue reading Fortum, Rusnano JV Gets Wind Power Deal in Russia
Continue readingWind energy in Russia, Fortum, Rusnano to go ahead with 50 MW wind farm
The Fortum-Rusnano wind power investment fund has announced it has taken the investment decision to launch a 50 MW wind farm project in the Russian region of Rostov. Fortum-Rusnano, a 50/50 partnership between Finnish utility Fortum Oyj (HEL:FORTUM) and Russian nanotechnology company Rusnano, won 1,823 MW of wind power capacity in Russia’s wind auctions held … Continue reading Wind energy in Russia, Fortum, Rusnano to go ahead with 50 MW wind farm
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Vestas to supply V150-4.2 MW wind turbines for Fortum’s wind energy project in Finland
Vestas has secured an order from Fortum, a publicly listed energy supplier, for the 90 MW wind farm Kalax in the province of Närpio in Western Finland. To maximise power production, Vestas has developed a wind energy solution tailored to the site’s specific wind conditions that features 21 V150-4.2 MW wind turbines in 4.3 MW … Continue reading Vestas to supply V150-4.2 MW wind turbines for Fortum’s wind energy project in Finland
Continue readingNew 99 MW order reinforces Vestas’ leading position in Russia’s growing wind energy industry
Vestas has secured an order for a 99 MW wind power project from a joint venture between Rusnano and Fortum. Located in the Rostov region, the wind farm will comprise 26 V126-3.45 MW wind turbines delivered in 3.8 MW Power Optimised Mode. The order is Vestas’ third order from its framework agreement with Rusnano and … Continue reading New 99 MW order reinforces Vestas’ leading position in Russia’s growing wind energy industry
Continue readingVestas receives 198 MW wind energy order for largest wind farm in Russia
Marking another key milestone in establishing the Russian wind power industry, Vestas has been awarded an order for the 198 MW Kamensko-Krasnosulinsky project from WEDF Second Wind Farm LLC, a joint venture between Rusnano and Fortum. Located in the Rostov region, the wind power project will comprise 52 V126-3.45 MW wind turbines delivered in 3.8 … Continue reading Vestas receives 198 MW wind energy order for largest wind farm in Russia
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Russia’s first commercial-scale wind farm has been commissioned
The 35MW wind farm is situated near the city of Ulyanovsk, home to about 620,000 people. Its EUR 65 million Ulyanovsk project is located near a city of the same name about 680km southeast of Moscow. Chinese turbine manufacturer Dongfang supplied the turbines for the project. Ulyanovsk is included in the renewable projects competitive selection … Continue reading Russia’s first commercial-scale wind farm has been commissioned
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Russia has fired the starting gun on a 1.9 GW wind energy tender
Authorities announced last month that they were tendering for projects to cover a five-year period from 2018 to 2022. Applications can be submitted from today until June 9, with the results expected to be announced before June 30. Russia has fired the starting gun on a 1.9GW wind power tender that’s at least expected to attract … Continue reading Russia has fired the starting gun on a 1.9 GW wind energy tender
Continue readingFortum starts a 35 MW wind power project in Russia
Fortum is starting a wind farm project in Ulyanovsk, Russia with a total capacity of 35 MW. The value of the investment is approximately EUR 65 million. The wind farm is expected to start production in 2017, serving the city of Ulyanovsk, which is located 680 km south-east of Moscow and has 620,000 residents. The … Continue reading Fortum starts a 35 MW wind power project in Russia
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