Construction of Two Wind Farms with a Total Capacity of 200 MW Begins in Kalmykia

23 March 2020

The Wind Energy Development Fund (a joint investment fund established on a parity basis by the RUSNANO Group and Fortum PJSC) has started the construction of two wind farms with a total capacity of 200 MW in the Tselinny District of the Republic of Kalmykia. It is planned that the Salynskaya and Tselinskaya wind power plants will begin to supply electric energy on the wholesale electricity and electric capacity market (WEECM) in the fourth quarter of 2020.

On the wind farm sites the preparation of the foundations for the wind turbines has begun, the construction of a 35/110 KW substation is under way, and internal roads and utility supply lines are being laid. A total of 48 wind turbines, each with a capacity of 4.2 MW, will be installed in the Salynskaya and Tselinskaya wind power plants. The supplier of generation capacity for the wind farms will be Vestas, the world’s largest producer of wind turbines.

With the support of the RUSNANO Group the main components of the wind turbines—the nacelles, the blades and the towers—will be manufactured locally, in industrial facilities in Nizhny Novgorod, Ulyanovsk and Rostov Regions. Thanks to Vestas’ advances in wind turbine design and use of new technologies, the wind turbines in the facilities in Kalmykia will have a greater unit capacity than those in the wind farms already constructed by the Fund in Ulyanovsk and Rostov Regions—4.2 MW instead of 3.6-3.8 MW.

The Wind Energy Development Fund was founded for the purpose of investing in the construction of wind farms. The Fund won the right to build almost 2 GW of wind energy capacity in a tender for the investment projects involving construction of power generating facilities based on renewable energy sources. The wind farms should be put into operation between 2019 and 2023.

The portfolio of projects implemented by the Fund includes Ulyanovsk WPP No. 2 (50 MW) which started to supply electricity on the WEECM on January 1, 2019, and the Sulinskaya WPP in Rostov Region (100 MW) which started to supply electricity on the WEECM on March 1, 2020. In the Republic of Kalmykia and Rostov Region the Fund currently has five projects in various stages of implementation, with a total capacity of 450 MW.

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Fortum is the leading clean energy company that provides its customers with electricity, heating and refrigerating, as well as intelligent solutions for a more efficient use of resources. We want to encourage our consumers and society to become part of the change aimed at making the world a cleaner place. Our company employs about 8,000 professionals in Northern Europe and Baltic countries, Russia, Poland and India. In 2018, our sales revenue amounted to €5.2 bln, with 57% of our electricity generated without CO2 emissions. Fortum shares are traded on the Nasdaq Helsinki stock exchange.

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PJSC Fortum is part of the Russia Division of Fortum Corporation, which also includes Fortum’s participation in PJSC TGC-1 (29.5%). The Company is engaged in the production and sale of electricity and heat. The Russia Division comprises eight thermal power plants located in the Urals and Western Siberia, a wind farm in the Ulyanovsk Region and three solar power plants in the Orenburg Region and the Republic of Bashkortostan. As of June 30, 2019, the total installed capacity of generation facilities for electricity is 4,928 MW and 8,437 MW for heat.

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