Danish Vestas to engage in production of wind turbine blades in Ulyanovsk

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Danish Vestas to engage in production of wind turbine blades in Ulyanovsk
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In 2019, Russian Rusnano and Danish Vestas will start producing blades for wind power plants at the site in Ulyanovsk, Russia, Rambler News reports on Monday.

“About 60% of the planned activities have already been completed. The release of first blades for the wind power plants will start in early 2019. The Vestas production site is located in the area of an aviation cluster in Ulyanovsk. Construction works are carried out by Ulyanovsk company DARS in accordance with the established terms of the project.

Vestas Manufacturing Rus localizes the production of composite blades for wind turbines in the Ulyanovsk region. The installed capacity of the power equipment will amount to 3,6 MW with possible increases up to 4,2 MW. The partners of the project are Vestas, Rusnano and the Consortium of Investors of the Ulyanovsk Region, which includes the Ulyanovsk nano center Ulnanotech. The volume of investments will be more than 1 billion rubles. The annual volume of production will be about 300 blades of wind turbines.

As a reference, Rusnano is a government-owned corporation set up as a $10B Private Equity and Venture Capital Evergreen Fund by the Russian government. The company engages in activity related to commercializing innovations in nanotechnology.