Vestas To Enter Russian Wind Power Market

Posted by Betsy Lillian on June 22, 2017 No Comments
Categories : Projects & Contracts

In connection with Fortum Energy’s recently being awarded a series of onshore wind projects in a renewable energy auction in Russia, Vestas expects to soon enter the Russian wind market.

According to the turbine manufacturer, the Fortum-RUSNANO wind investment fund has chosen Vestas as a supplier for the projects.

As a part of the discussions between the parties, Vestas is planning to establish manufacturing facilities in Russia to comply with local content requirements.

Vestas plans to disclose another company announcement if and when the respective agreements are finalized.

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