Windar Renovables

Spanish company Windar Renovables and Russian partners Rusnano and Severstal have opened a plant in Taganrog, Rostov region, for manufacturing wind turbine towers. The investment was about $12 million, and the factory will produce towers for up to 300 MW of onshore wind capacity per year after 2020.

Windar Renovables, Severstal and Rusnano formed a joint venture called WRS Bashni LLC to produce steel towers for wind turbines in the Rostov region. Initial investment exceeds $11 million, with Windar holding 51% and the others 24.5% each. Annual capacity is expected to reach 300 MW within two years.

Severstal, Rusnano and Windar Renovables have signed an agreement to create a joint venture, WRS Bashni, to produce steel towers for wind power plants in the Rostov Region. Total investment in the first stage is over 750 million roubles, with production capacity reaching 300 MWt per annum within two years.