Rusnano plans to set up an investment fund to manufacture electrical equipment for wind farms in partnership with NordEnergoGroup (part of Severgroup). The two companies have signed a memorandum for this initiative as part of the second renewables support programme covering the period 2025-2035, which could introduce an increase in the required equipment localisation for Russian wind projects to 90% from 65%.
The planned collaboration is for the manufacturing of generators, frequency converters and transformers for wind turbines. NordEnergoGroup’s production sites wil be used for the manufacturing. The companies aim to attract an international wind turbine manufacturer as a technological partner.