Leading wind turbine manufacturer Vestas said it has signed a deal with Fortum to develop 1 GW of wind power project in Russia.
Following the agreement, Vesta is planning to set up a manufacturing facility in Russia, to comply with that country’s local content laws.
Fortum was the biggest winner of the deal. The company’s joint venture with local energy group Rusnano participated in the auction. The JV plans to deliver 26 projects between 2018 and 2022, securing €115-€135/MWh in capacity payments, the company said.
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Wind turbines are being installed throughout the world in an increasing manner. It is exciting for me because this is a leading source of renewable energy, and contribute to sustainability. It is also exciting for me because in the past I have conducted unique research on the topic with my research partners. Here is our research study on the efficiencies of commercial wind turbines: http://ertekprojects.com/url/b and, for those who are interested, here is our research study on wind turbine accidents news: http://ertekprojects.com/wind-turbine-accidents/ Please share with me what you think, Dr. Gurdal Ertek.