The wind farm is included in the Renewable Projects Competitive Selection, administered by the Russian power market regulator. The goal of the government programme is to increase renewable power generation in Russia by using Capacity Supply Agreement (CSA) mechanism. The generation capacity under CSA receives guaranteed payments for 15 years in order to ensure sufficient return on investment.
"Low-emission production has been a key part of Fortum’s strategy for a long time. One of our key targets globally is to increase investments in renewables, above all, hydro, solar and wind power, " says Alexander Chuvaev, Executive Vice President for Fortum’s Russia segment.
