NovaWind is a new division of Rosatom; its primary objective is to consolidate the State Corporation's efforts in advanced segments and technological platforms of the electric power sector. The company was established in September 2017 with a share capital of RUB 1.101 billion. At the initial stage, NovaWind consolidated all of Rosatom’s wind energy assets and is responsible for implementing the corporation's wind power strategy. Achievement of such an ambitious task requires forming absolutely new competencies in Russia in the establishment and management of wind farms, organization of serial production of wind turbines in Russia, organization of after-sales services, and competencies in marketing, development and sales of new products.
JSC VetroSGC, which has been implementing construction projects for wind farms with a total capacity of 610 MW since 2016, is included in the JSC NovaWind management structure. In the new business structure, VetroSGC is responsible for the design and construction of wind farms as well as production of electric power based on wind energy.
In future construction projects for wind farms with a total capacity of 360 MW that were selected on a competitive basis in 2017 will be transferred to JSC VetroSGC-2.
In the second half of 2017, JSC "NovaWind" opened four branches in Volgodonsk, Krasnodar, Stavropol and Rostov-on-Don to implement wind power projects.
Overall, by 2022, companies of the NovaWind management structure will be responsible for installation of wind farms with a total capacity of 970 MW.
NovaWind is an equal shareholder in a joint venture with a Dutch technology partner – Lagerwey. The Red Wind Joint Venture was established in November 2017. Red Wind is responsible for marketing, sales, turnkey delivery of wind turbines and after-sales support. Red Wind is engaged in the implementation of a production localization program. The joint venture is also responsible for qualifying suppliers and contracting components for subsequent delivery to the production sites of JSC NovaWind. The current production program provides for the supply of 388 wind turbines by the joint venture through to 2022.
Lagerwey will provide the transfer of manufacturing technologies for wind turbines with a capacity of 2.5 MW and 4.5 MW to the Russian partner and will also share competencies in the field of wind farms. The Dutch partner will assist Red Wind in training personnel involved in the production of wind turbines and the operation of wind farms. Lagerwey will also supply components for the first 60 wind turbines.