ENEL ENTERS RUSSIAN RENEWABLE SECTOR WITH 291 MW OF WIND CAPACITY AWARDED
June 14th 2017 – Enel S.p.A. (“Enel”), acting through its subsidiary PJSC Enel Russia (“Enel Russia”), has been awarded two wind projects for a total capacity of 291 MW within the framework of the 2017 Russian government tender for the construction of 1.9 GW of wind capacity in the country. The two projects will be developed and built by Enel Green Power, Enel’s global renewable energies division. Antonio Cammisecra, Head of Enel Green Power, said: “We are very satisfied with this result as we wish to actively contribute to the Russian transition to a greener future. The renewable potential of the country is impressive and still underexploited. We see the outcome of this tender as the starting point of a sustainable wind industry in Russia, with benefits for the environment as well as for the full development of a renewable value chain in the country. We can leverage on this huge potential through our unique, global expertise in green energy and our 10-year operational experience in the Russian market.”
The overall investment in the two wind farms amounts to approximately 405 million euros. The two plants will sell their energy in the Russian wholesale market and will be supported by capacity payments released by the Russian government. The Azov wind farm, which is expected to enter into service by 2020, is located in the Rostov region, in Southern Russia, and will have a 90 MW installed capacity, generating around 300 GWh per year and avoiding the emission of around 99,200 tonnes of CO2 into the atmosphere.
The Murmansk wind farm, located in the Northwestern Russian region bearing the same name, is expected to enter into service by 2021 and will boast a 201 MW installed capacity, generating around 730 GWh per year and avoiding the emission of around 241,400 tonnes of CO2 into the atmosphere. The tender was launched by the Russian government to achieve its targets of 4.5% of energy generation from renewables and 5.5 GW of installed renewable capacity by 2024. Enel Russia is a power generation company, controlled by Enel, which operates four thermal power plants in the Russian Federation with a total installed capacity of around 9.5 GW.
Enel Green Power, the Renewable Energies division of Enel Group, is dedicated to the development and operation of renewables across the world, with a presence in Europe, the Americas, Asia, Africa and Oceania. Enel Green Power is a global leader in the green energy sector with a managed capacity of 38 GW across a generation mix that includes wind, solar, geothermal, biomass and hydropower, and is at the forefront of integrating innovative technologies like storage systems into renewables power plants.