EnergyWatch

Vestas looks toward Arctic wind turbines

The wind turbine manufacturer enters a deal with Rusnano to assess possible suppliers among the Russian state-owned fund's companies. Elsewhere in the country, a new customer is close to placing an order.

Photo: Frank Solli, Nordkraft

Rusnano and Vestas are already well acquainted. The Russian state-owned fund is, via its joint venture with Finnish utility Fortum, the Danish manufacturer's largest customer in Russia and has nominated Vestas to supply almost 2 GW up to 2023. But now this cooperation is being expanded in a bilateral sense with the signing of a Memorandum of Understanding between Vestas and Rusnano, the former reveals in a statement.

The deal pertains one of the key aspects of the Russian market, in which 65 percent of wind project investments must be made locally. Beyond optimizing supply chain and local production of wind turbine components, the new agreement will enable Vestas to consider the possibility of using technologies developed by Rusnano-owned firms.

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