June 15th, within the framework of the XXVI St. Petersburg International Economic Forum ROSATOM’s wind power division NovaWind, Ministry of Electric Power of Myanmar, and Myanmar’s Zeya & Associates signed a memorandum to launch feasibility study for a wind farm construction.
The document was signed by NovaWind CEO Grigoriy Nazarov, Deputy Director General of the Electric Power Planning Department U Zaw Win Naing, and Chairman and CEO of Zeya & Associates Zeya Mon in the presence of ROSATOM Director General Alexey Likhachev and Union Minister of Electric Power U Thaung Han.
The memorandum provides for the cooperation in carrying out wind measurements and feasibility study to build a 200 MW wind farm near the towns of Kyaukpadaung and Nyaung-U in the Mandalay Region (Central Myanmar).
“ROSATOM State Atomic Energy Corporation is committed to developing carbon-free generation not only in Russia but in other countries as well. Myanmar is already implementing projects using Russian nuclear technology. Today we are signing two memorandums that will serve as the first step towards unlocking the huge potential for the development of projects in the field of wind energy. I highly appreciate the support provided by the Ministry of Electric Power of Myanmar. The country will receive a clean source of energy, and an entire industrial cluster with jobs and professions with it,” NovaWind CEO Grigoriy Nazarov pointed out.
“We live in the era of energy transition, and our country commits to an unconditional target for renewable energy of 11% by 2030. It may believe that the milestone of cooperation between Russia and Myanmar will be strengthened by the implementation of the wind power project. In addition, Myanmar can obtain technology transfer for related wind power projects by cooperating with ROSATOM,” Union Minister for Electricity U Thaung Han said.
“Towards a net zero carbon world, renewable energy and decarbonization is the must,” Chairman and CEO of Zeya & Associates, Zeya Mon 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 880 MW of wind power capacity. By 2027, ROSATOM will put a total of around 1.7 GW of wind capacity in operation.
RGK+Z&A Group is a Myanmar holding company established in 1996 as Zeya & Associates. Today RGK+Z&A Group employs over 400 qualified people in Southeast Asia and is one of the leading companies in Myanmar, having strong partnership with local and foreign organizations. RGK+Z&A Group activities are focused in Energy, Healthcare, Industry, and Environment.
Russia continues to consistently develop its international trade and economic relations, prioritising cooperation with the friendly nations. Despite external restrictions, the Russian economy keeps increasing its exports by providing services and supplying goods and raw materials all over the world. The work is going on to deliver large international energy projects, and ROSATOM Group companies are involved in them at scale.