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Turbine manufacturer enters joint venture with Rosatom

The installation of a 150 MW Russian wind farm will begin next year with technical assistance from players including a Danish company, while a 1 GW pipeline is taking form.

Dutch turbine manufacturer Lagerwey is establishing a joint venture with Rosatom's subsidiary NovaWind. The company will be named Red Wind, and Novawind's Deputy Director General Emin Askerov will be CEO, while the Dutch firm's Sjoerd Sieburgh Sjoedsma will oversee daily operations, announces Lagerwey.

"This joint venture is a logical continuation in our joint effort building a solid and technologically advanced Russian wind industry. Together we form the basis for a new market with a huge potential. The fact that our Dutch technology is the basis for this makes us proud," says Huib Morelisse, CEO of Lagerwey.

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