Finnish energy company Fortum and local partner Rusnano have taken a final investment decision on a 100MW wind farm in Russia.
The project is the third out of a total of 1832MW awarded to the joint venture in Russian wind auctions in 2017 and 2018 to be given the go ahead. It is expected to start operations in 2020.
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The other two projects – 50MW and 200MW facilities – are expected to come online in the first half of 2019 and 2020, respectively.
Fortum also won the right in a June auction to develop 110MW of solar capacity in Russia.
The JV said FIDs on projects are made on a case-by-case basis.