Italian-based multinational energy company Enel has been awarded the development rights for the 71MW Rodnikovsky wind farm, the latest renewable energy tender in Russia.
The project will be undertaken by Enel Green Power in the Stavropol region in the southwest of the country, just over 100 miles north of Georgia.
A total of €90 million will be invested in the project, due to come online by 2024.
Enel Green Power head Antonio Cammisecra said: “This latest award represents another major milestone for us in Russia, following the recent commencement of construction of the Azov wind farm.
“We are further confirming our commitment to harness the country’s renewable potential and diversify its generation mix, while contributing our renowned expertise in the development, construction and operation of renewable projects.
“Looking ahead, we will continue to work relentlessly on the consolidation and further expansion of our Group’s renewable footprint in Russia, thereby pursuing an increasingly sustainable business model.”
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Russia’s renewable energy tender for the period 2020-2024 took place between 28 May and 10 June, according to Enel, which saw a total of 314MW of clean power capacity was awarded. The majority of the new capacity orders are for small-scale hydropower (229.8MW), and 78.1MW of wind energy capacity, said the company, with a small 5.6MW allocation for solar.