Russia

IKEA’s First Investment in Russia’s Solar Projects Covers 160 MW

Ingka Group, the largest IKEA retailer, has announced that its investment arm, Ingka Investments, will fund 160 MW of solar projects, worth $272 million, in south-west Russia, so as to accelerate its investment in renewable energy. The Netherlands-based company has signed an agreement with Solar Systems, LLC, to acquire a 49% stake in its eight […]

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Vestas Bags Turbine Orders Worth 367 MW in Russia and China

Vestas has announced that it has received multiple orders from Russia and China for wind turbines worth 367 MW for various projects. Vestas, the leading global supplier of wind turbines, has announced that it has received multiple orders from Russia and China for wind turbines worth 367 MW for various projects. The first order the […]

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Covid 19 Could Push Oil Consumption Back By a Decade

Global oil Consumption in 2020 could be pushed back to levels last seen a decade back. That would be unprecedented, with profound lessons for the future. With the rest of the world entering the most intense phase of the Covid 19, or coronavirus epidemic impact, one thing is clear. Global oil consumption could be easily […]

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Rosatom’s 1st and Russia’s Largest Wind Farm Begins Supplying Electricity

The largest wind farm in Russia has begun supplying electric power and capacity to the Wholesale Electricity and Capacity Market The largest wind farm in Russia has begun supplying electric power and capacity to the Wholesale Electricity and Capacity Market. The Adygea Wind Warm is the first completed project of NovaWind JSC (the ROSATOM division […]

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Vestas Secures 252 MW Turbine Order for 3 Wind Energy Projects in Russia

Vestas has been awarded an order for 252 MW for three wind energy projects in Russia from WEDF. The projects will comprise of 60 wind turbines. Vestas has announced that it has been awarded an order for 252 MW for three wind energy projects in Russia from WEDF (Wind Energy Development Fund), a joint investment […]

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Fortum-Rusnano to Start Implementation of 250 MW Wind Projects in Russia

The Fortum-Rusnano wind investment fund has taken the investment decision for two wind energy projects in Russia, worth a combined capacity of 250 MW. The Fortum-Rusnano wind investment fund has announced that it has taken the investment decision for two wind energy projects in Russia, worth a combined generational capacity of 250 MW. The first […]

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Fortum, Rusnano to Build Wind Projects Worth 200 MW in Orenburg

The Fortum-Rusnano wind investment fund has signed a non-binding cooperation agreement for the construction of wind farms worth 200 MW in Orenburg. The Fortum-Rusnano wind investment fund, a joint venture established by Fortum and Rusnano on a parity basis, and the Government of Orenburg Region in Russia have signed a non-binding cooperation agreement that envisages […]

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Wind Power Capacity in Eastern Europe & Russia Increased by 17% QoQ

According to a new report, there was a 17 percent wind power capacity increase Quarter over Quarter (QoQ) in Eastern Europe and Russia. According to a new report, an auction-triggered awakening in Poland and a growing confidence in developers’ ability to comply with local content requirements in Russia led to a 17 percent wind power […]

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India’s Green Good Deeds gets global recognition; to be in BRICS Ministerial agenda in Brazil, Russia

Dr Harsh Vardhan at the ongoing 4th BRICS Environment Ministerial in Durban, South Africa had urged the BRICS nations to jointly help in development of a social movement to fight for the protection and conservation of environment. Green Good Deeds, the societal movement launched by Environment, Forest & Climate Change Minister Dr Harsh Vardhan to […]

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