200MW of New Wind Power Projects on Sakhalin Island

NovaWind JSC and the Sakhalin Regional Government sign a cooperation agreement for the preparation and construction of 200 MW of wind power on the island.|NovaWind JSC and the Sakhalin Regional Government sign a cooperation agreement for the preparation and construction of 200 MW of wind power on the island.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

NovaWind JSC ( Rosatom‘s wind power division) and the Sakhalin regional government sign a cooperation agreement for wind farm construction projects.

NovaWind JSC plans to build 200 MW of wind power on Sakhalinese Island

Rosatom has just signed a cooperation agreement for hydrogen production on Sakhalin Island in south-east Russia.
NovaWind JSC, its wind power division, has signed a similar agreement for the production of renewable energy on the island.
The document is signed by Alexey Belik, head of the Sakhalin government, and Alexandr Korchagin, CEO of NovaWind JSC.

“It’s an interesting new region for us, with its own special features in terms of wind power projects. The construction of wind farms will have a positive impact on Sakhalin’s ecology and will also create an additional incentive for the regional development of industries focused on managing and reducing the carbon footprint. I hope our cooperation will be successful and make a strong contribution to carbon neutrality in the region”, says Alexandr Korchagin.

“Reducing carbon emissions

“Russian President Vladimir Putin has made it his mission to reduce carbon emissions. To achieve this, it is necessary, among other things, to increase the proportion of energy produced from renewable sources, such as wind power. Sakhalin has the potential to do just that. It is also important to improve the reliability of electricity services for the population and the economy. Sakhalin Island’s power grid is isolated from the mainland and, in the event of generation failure, we cannot rely on replenishment from outside. We are therefore paying particular attention to diversifying our energy sources,” says Alexey Belik, head of the Sakhalin government.

The agreement focuses on examining the feasibility of building wind power generation facilities in the Sakhalin region, and on preparations for the construction of wind farms with a total installed capacity of up to 200 MW, to be commissioned in 2024.
One year ahead of the target date for the island to achieve carbon neutrality.

The Peruvian power producer completed a cash tender offer for its 5.625% senior notes, reaching a participation rate of 68.39% at the close of the operation.
Chilean power producer Colbún has completed its cash tender offer for 3.950% notes due 2027, repurchasing more than half of the outstanding amount for a total of $266mn.
Iberdrola strengthens its presence in Brazil by acquiring PREVI’s stake in Neoenergia for BRL11.95bn, raising its ownership to 84%.
US-based Madison secures $800mn debt facility to finance energy infrastructure projects and address rising grid demand across the country.
The announced merger between Anglo American and Teck forms Anglo Teck, a new copper-focused leader structured for growth, with a no-premium share structure and a $4.5bn special dividend.
Voltalia launches a transformation programme targeting a return to profit from 2026, built on a refocus of activities, a new operating structure and self-financed growth of 300 to 400 MW per year.
Ineos Energy ends all projects in the UK, citing unstable taxation and soaring energy costs, and redirects its investments to the US, where the company has just allocated £3bn to new assets.
Eskom forecasts a load-shedding-free summer after covering 97% of winter demand, supported by 4000 MW added capacity and reduced operating expenses.
GE Vernova will cut 600 jobs in Europe, with the Belfort gas turbine site in France particularly affected, amid financial growth and strategic reorganisation.
Orazul Energy Perú has launched a public cash tender offer for all of its 5.625% notes maturing in 2027, for a total principal amount of $363.2mn.
SOLV Energy expands its nationwide services in the United States with the acquisitions of Spartan Infrastructure and SDI Services, consolidating its presence across all independent power markets.
Tokenised asset platform Plural secures $7.13mn to accelerate financing of distributed infrastructure including solar, storage, and data centres.
Santander Alternative Investments has invested in Corinex to accelerate the deployment of its smart grid solutions, aiming to address growing utility needs in Europe and the Americas.
Driven by grid modernisation and industrial automation, the global control transformer market could reach $1.48bn in 2030, with projections indicating steady growth in energy-intensive sectors.
A report from energy group Edison highlights structural barriers slowing renewable deployment in Italy, threatening its ability to meet 2030 decarbonisation targets.
ADNOC Group CEO Dr Sultan Al Jaber has been named 2025 CEO of the Year by his global chemical industry peers, recognising his role in the company’s industrial expansion and international investments.
Swedish renewable energy developer OX2 has appointed Matthias Taft as its new chief executive officer, succeeding Paul Stormoen, who led the company since 2011 and will now join the board of directors.
Driven by distributed solar and offshore wind, renewable energy investments rose 10% year-on-year despite falling financing for large-scale projects.
Australian Oilseeds Holdings was granted a deadline extension until 30 September to comply with the Nasdaq’s equity requirements, avoiding immediate delisting from the exchange.
Fermi America has closed $350mn in financing led by Macquarie to accelerate the development of its HyperGridâ„¢ energy campus, focused on artificial intelligence and high-performance data applications.

Log in to read this article

You'll also have access to a selection of our best content.