Rosnano will withdraw from the project for the construction of wind farms

• Commissioned wind power plants in the Astrakhan, Volgograd and Rostov regions with a total capacity of 529.2 MW;
• Launch rights for wind farms in Volgograd region (16.8 MW) and Samara region (236.6 MW), projects under construction;
• The rights to build facilities for another 473.2 MW, which are still under development.

The total capacity of these projects is 1,256 GW. However, the fund’s website states that its portfolio includes projects with a capacity of 1,823 GW.

After the deal with Fortum, the total volume of projects based on renewable energy sources of Gazprombank and its joint ventures will be 3.7 GW. reported in the company. A representative of Gazprombank declined to comment further.

Fortum estimated its total volume of projects, including those under implementation, at 3.4 GW.

Wind Energy Development Fund introduced the first project was put into operation at the beginning of 2019 – it was a 50 MW wind farm in the Ulyanovsk region. Now among the projects of the fund there are wind farms in the Astrakhan, Rostov, Volgograd and Samara regions, as well as in the Republic of Kalmykia.

In support of the energy transition and the use of renewable energy sources, the former head of Rosnano Anatoly Chubais (now the president’s special representative for relations with international organizations on sustainable development) spoke out. In early January, after leaving the state-owned company, he said that the energy transition is now comparable to the information revolution of the 20th century. In his opinion, the country that rejects it will look like it would look now in 20 years, for example, without the Internet.

Chubais later stated that renewable energy is the most important industry for the modern world. “I love renewable energy, I’m a renewable energy maniac! This is the most important thing for us,” he said. The President’s special envoy also stressed that if “seriously to threaten” participation in the energy transition, then Russia needs platform technologies that “completely change the entire cluster of materials.”