Rosatom subsidiary, Novawind, and Dutch wind turbine manufacturer Lagerwey have created a new joint venture, ‘RedWind’ to accelerate development of a technologically advanced wind power industry in Russia.

The new joint venture, will draw on Lagerwey technology and will localise production for the Russian market using Novawind’s supply chain and project delivery expertise.

RedWind was formally launched at the Wind Europe exhibition in Amsterdam on November 30th 2017. The agreement was signed by Alexander Korchagin, CEO of NovaWind, and Huib Morelisse, CEO of Lagerwey.  It builds on the License Agreement between these companies signed earlier this year in Moscow.

Emin Askerov, current deputy director general of NovaWind, has been appointed as CEO of the joint venture. Sjoerd Sieburgh Sjoerdsma from Lagerwey has been appointed as managing director. The rest of the management team for RedWind will be created from other experienced international industry experts and will be appointed soon.  

RedWind’s mission is the marketing, sales and delivery of turn-key wind turbine projects and their after-sales support. Red Wind will also lead the localization program in Russia, contracting and providing qualification to the existing suppliers of NovaWind’s production sites in Volgodonsk.

The new joint venture already has a pipeline of business with a production program that includes 388 wind turbines to be delivered by 2022 on behalf of energy utility, VetroSGC.

«We have worked very well together with our partners since the signing of the License Agreement earlier this year. Moving ahead with a joint venture makes real strategic sense and means we now have all the competencies in place to play a major part in the success of the Russian wind energy programme. In RedWind we will have the best technology, best project management and a strong supply chain. We are committing some of our best people to lead RedWind so and I am confident we have all the ingredients for it to be a success», said Alexander Korchagin, the CEO of «NovaWind».

Huib Morelisse, CEO of Lagerwey commented: “This joint venture is a logical continuation in our joint effort to build a solid technologically advanced Russian wind industry. Together we form the basis for a new market with huge potential. Lagerwey’s Dutch technology and Novawind’s project skill and supply chain make a great combination and we are proud to be a part of it.”

Lagerwey will contribute its technology and expertise in 2,5MW and 4,5MW wind turbines, ensuring smooth knowledge transfer to its Russian partner. The Dutch wind turbines’ manufacturer will assist Red Wind in training of the personnel, required for the wind turbines’ manufacturing and wind farms’ operation. Lagerwey will supply components for the first 60 wind turbines.