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.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for EnergyWatch has now started
With your free trial you get:
Full access to all locked articles on EnergyWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.