Rosatom's NovaWind eyes 315 MW of fresh wind in Dagestan

NovaWind, the wind power division of Russian nuclear energy corporation Rosatom, has signed a pact with authorities in Dagestan to develop wind projects in the North Caucasus Russian republic, seeking to add up to 315 MW of generation capacity.

The cooperation agreement with the government of Dagestan covers the development of renewable energy projects and joint efforts to deploy the targeted wind power capacity, NovaWind said on Wednesday. The pact was signed a day earlier.

The collaboration is seen to enable the construction of large-scale wind farms that will help lower the power shortage in the country and spur the local economy by generating tax revenues and creating jobs.

“Construction of wind farms in the Republic of Dagestan will improve the quality and reliability of power supply in the region and make a sizeable contribution to the carbon neutrality goals in Russia,” said Grigoriy Nazarov, NovaWind’s CEO.

Set up in 2017, NovaWind currently has 720 MW of wind turbines in operation, located in three regions of Southern Russia. Its parent has a target to put 1.7 GW of wind power capacity into operation by 2027, NovaWind noted.

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