Vestas, Fortum Lead Expansion Of Wind Energy In Huge Russian Electricity Market
Following the success of Vestas and Fortum Energy in Russia’s first wind energy auction, the two companies have entered into an agreement, engaging Vestas to supply its 4 MW platform for wind energy projects in Russia, the world’s fourth-largest electricity market. With this, the companies hope to lead the expansion of wind energy in Russia. They will work with local partners to establish a strong local manufacturing and supply chain capacity; and Vestas will also provide its considerable experience to build up and establish high standards for the relatively young Russian renewables sector.
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