NovaWind (Rosatom’s wind power division) and Primus Advanced Technologies Ltd. signed an agreement on fixing the top-level “roadmap” for cooperation on wind farm construction projects.
The document was signed by NovaWind CEO Grigoriy Nazarov and Primus Advanced Technologies CEO Kyaw Hla Win.
The agreement envisions a partnership to construct a 172 MW wind farm.
“We have proved our extensive expertise through construction and operation of wind farms in Russia and looking forward to expanding the business above and beyond as one of NovaWind strategy’s cornerstones. The signing of this agreement would be the first step for unlocking vast potential of wind energy projects development in Myanmar. We highly appreciate our partners’ dedication to our cooperation and are determined to build long-term and mutually beneficial partnership. Thanks to support of the Myanmar Ministry of Electric Power our joint projects will contribute to diversification of the national energy mix,” Grigoriy Nazarov said.
“I believe that the cooperation roadmap formed with NovaWind will help us move forward more efficiently in the framework of the implementation of wind farms construction in our country. This will bring socio-economic benefits to Myanmar, the national energy system and the population of the region,” Kyaw Hla Win said.
NovaWind is ROSATOM's wind power division consolidating efforts of the Russian nuclear corporation in advanced areas of the energy generation technology. Established in September 2017, the company accumulates ROSATOM’s competencies in wind power generation, from design and construction to mechanical engineering and operation of wind farms. As of today, NovaWind has commissioned 780 MW of wind power capacity. By 2027, ROSATOM will put about 1.7 GW of wind capacity in operation.
Primus Advanced Technologies Ltd., Myanmar-based company, is mainly focused on the investment in green infrastructure development sector including power generation, power transmission and distribution. The company holding impressive competencies also cooperates with its affiliate, Supreme Group of Companies, which is a local leading developer in energy sector with international experience, as well as other reputable partners.
Russia is consistently developing international trade and economic relations, placing emphasis on cooperation with friendly countries. Despite external restrictions, the domestic economy is increasing its export potential, delivering goods, services and raw materials around the world. The implementation of major international projects in the energy sector is also underway. Rosatom and its enterprises take an active part in this work.