JSC NovaWind (wind power division of Rosatom) and the Russian-Kyrgyz Development Fund signed an agreement to develop and implement an investment project for the construction of a wind power plant in the Issyk-Kul region of the Kyrgyz Republic.

The installed capacity of the planned wind power plant will be 100 MW.

"Rosatom is interested in implementing renewable energy projects in the Kyrgyz Republic and developing comprehensive cooperation with friendly countries. We have extensive experience in the construction and operation of wind farms. Nine wind power plants are already successfully operating in three regions in southern Russia. The total capacity of the company's realized wind power projects reached 1 GW. Specialists of the State Atomic Energy Corporation Rosatom (ROSATOM) will make every effort to effectively contribute to addressing the energy deficit of the Republic" - said Grigory Nazarov, Director General of JSC NovaWind.

"Recently, the Fund has accumulated significant competencies in the implementation of RES projects. Today we have seven projects in this area with a total capacity of 500 megawatts in our portfolio. Among them are construction of five small hydroelectric power plants, reconstruction of one small HPP and construction of a 100 megawatt HPP. The project for the construction of a solar power plant in Issyk-Kul region is underway. Kyrgyzstan has a huge reserve of resources for RE development. The current decisions taken by the Cabinet of the Republic will enable the development of renewable energy sources at an accelerated pace. Active attraction of investors is the Fund's priority in terms of reducing the energy deficit in the Kyrgyz Republic. The solution of this problem will allow, in particular, to open more industrial enterprises in the country, which will steadily replenish the budget", said Artem Novikov, Chairman of the Board of the Russian-Kyrgyz Development Fund.

For more details please follow Rosatom media center website.

Source: Press service of NovaWind JSC