RUSSIA: Investors in the Russian market have called on prime minister Dmitry Medvedev to extend the support of wind power generation until 2035.
The list of investors that sent the petition to Medvedev included Russian technology giant Rusnano, which, together with Finnish developer Fortum, is developing around 1GW of wind capacity in the country.
Italian firm Enel, which won 291MW of capacity in last year’s tender, is also a signatory.
Until 2024, the development of wind projects in Russia will be supported by top-up payments from the wholesale energy market through power supply contracts. more