Japanese investors eye wind parks along Russian Arctic coast

The ongoing Eastern Economic Forum in Vladivostok is site for signing of new deals. In the course of the last two days, the biggest Russian energy-generating company RusHydro has signed three agreements on small-scale wind power development in the country’s north.

The partners are Japanese companies Mitsui and Komaihaltec, as well as New Energy and Industrial Technology Development Organization (NEDO).

The latter is a Memorandum of Understanding which includes the construction of a 1 MW capacity test plant in Tiksi, the Arctic settlement located in the coast of the Laptev Sea, RusHydro informs.

The parts have for some time worked with the project and a Japanese delegation was on site in early March this year to assess the location. The best place with the most suitable ground has now been identified, the wind park developers say. The three turbines are to erected on a site a few kilometers from the Tiksi town. 

The other projects include intentions to build similar plants in Chukotka and Kamchatka.