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 RUSNANO AND PJSC “Power Machines” agreed on cooperation in the field of localization of production of equipment for wind turbines

RUSNANO and PJSC Power Machines signed a memorandum of understanding, according to which both companies are interested in joint implementation of the project (hereinafter referred to as the Project) for the organization of production of wind power units on the territory of Russia. The parties reached an agreement in principle on the parity financing of the production of elements of windturbinesl. – reports the webpage of PJSC “Power Machines”

RUSNANO and potential partners plan to participate in the project for the construction of wind farms, within which a foreign supplier of wind turbines from among the world’s largest vendors will be selected. Joint project with PJSC “Power Machines” (RAWI member). The project for the organization of production of elements of wind turbines is planned to be carried out with the selected vendor and (or) its OEM-producers. One of the main conditions for choosing a supplier is the availability of a program for localizing the production of equipment in Russia. The degree of localization will increase annually and by 2019 should be 65%.

As previously reported, RUSNANO intends to invest up to 1 billion rubles in localization projects. RUSNANO is considering several sites on the territory of Russia to accommodate the production of wind turbine components within the localization plan.

PJSC “Power Machines” is ready to act as the Russian technology partner of the Project. It is planned that the TKZ “Krasny Kotelshchik” factory in Taganrog (part of the group of companies “Power Machines”) will organize the production of towers and optional assembly of nacelles. A unique competitive advantage of the project planned for the implementation of the project may be the participation of Severstal in it. The parties discuss the conditions for the long-term delivery of steel plates to Severstal for the production of towers of wind turbines weighing up to 180 tons each. The possibility of producing generators for wind turbines at one of the production sites of Power Machines is also being considered.

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