Russia

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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Fortum to Buy 35 MW of solar power capacity in Russia

The Finnish power utility has agreed to acquire three solar power companies from Hevel Group in Russia. Finnish power utility Fortum has agreed to acquire 35 MW of solar power in Russia from local group Hevel. The Finnish company said the seller was Russian solar module maker and project developer Hevel Solar, without disclosing the […]

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First Project of BRICS Development Bank Starts Operation

The The New Development Bank approved its loans worth USD 811 million in April 2016. Four of the bank’s loan projects are in China. The first project funded by The New Development Bank, set up by India and other members of the BRICS grouping of emerging economies, has started operation in Shanghai. The USD 76 […]

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