NovaWind (ROSATOM’s wind power division) and EcoEnergy Group signed an agreement to cooperate in the construction of a 12.5 MW Makhachkalinskaya Wind Farm in the Republic of Dagestan.
The wind farm will comprise five wind turbines with a capacity of 2.5 MW each. Equipment for the wind farm will be produced by NovaWind at its factory in the Rostov Region and also with assistance from domestic subcontractors.
The parties agreed to join efforts in design engineering and construction of the wind power plant in 2023.
“Interest in retail power market projects from private investors is essential for structural transformations of the national energy system. As a technology vendor and manufacturer of critical components, NovaWind ensures a successful delivery of suchlike projects by reducing uncertainties and mitigating our partners’ risks. I hope this agreement will be a starting point of a long-term and rewarding partnership,” NovaWind CEO Grigoriy Nazarov pointed out.
“We consider the partnership between EcoEnergy and NovaWind to be a strategic move towards constructing the Makhachkalinskaya Wind Farm and also a powerful impetus to the development of wind energy in Dagestan. This project unlocks energy potential of the region for larger-scale wind power projects. Our cooperation also lays a foundation for the development of a new segment in the wind power market,” says Artur Alibekov, CEO at EcoEnergy Group.
NovaWind is ROSATOM's wind power division consolidating efforts of the Russian nuclear corporation in advanced areas of the energy generation technology. Established in September 2017, the company accumulates Rosatom’s competencies in wind power generation, from design and construction to mechanical engineering and operation of wind farms. As of today, NovaWind has commissioned 720 MW of wind power capacity. By 2027, Rosatom will put a total of about 1.7 GW of wind capacity in operation.
Makhachkalinskaya Wind Farm with an installed capacity of 12.5 MW is a project developed by EcoEnergy Group through one of its subsidiaries in the Novolaksky District of the Republic of Dagestan. It will be the first wind power plant in the region to form part of a larger Caspian Wind Farm that will supply sustainable power to local consumers.
EcoEnergy Group is a renewable energy and development holding company established through the consolidation of partner businesses operating in the energy market since 2015 to develop renewable energy projects in Russia and other countries.