SUBSCRIBE
PROFILE

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:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25£/month*

*billed annually at 99£/year for the first year then 149,00£/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99£/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2£/month*
then 14.90£ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

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.

  • Popular on energynews.pro
Washington’s shift on Chevron disrupts Venezuela’s oil economy
G7 launches over 20 projects to counter Chinese influence on critical minerals
ACWA Power signs $10bn in energy and financing deals at FII9
Washington invests $100mn to modernise coal plants as exports drop 11%
China cancels VAT rebate and reshapes the global solar market
Iberdrola concludes the acquisition of 30.29% of Neoenergia for 1.88 billion euros
Iberdrola has finalized the acquisition of 30.29% of Neoenergia for 1.88 billion euros, strengthening its strategic position in the Brazilian energy market.
Dominion Energy raises third-quarter 2025 earnings guidance on stronger results
Dominion Energy reported net income of $1.0bn in Q3 2025, supported by solid operational performance and a revised annual outlook.
Vattenfall raises operating profit to SEK21.47mn amid nuclear repositioning
Swedish group Vattenfall improves its underlying operating result despite the end of exceptional effects, supported by nuclear and trading activities, in a context of strategic adjustment on European markets.
Athabasca Oil increases share buybacks amid strong cash flow
Athabasca Oil steps up its share repurchase strategy after a third quarter marked by moderate production growth, solid cash flow generation and disciplined capital management.
Schneider Electric maintains targets despite €466mn currency impact
Schneider Electric reaffirmed its annual targets after reporting 9% organic growth in Q3, driven by data centres and manufacturing, despite a negative currency effect of €466mn ($492mn).
Prysmian raises annual targets after record Q3 performance
The Italian industrial cable manufacturer posted revenue above €5bn in the third quarter, driven by high-voltage cable demand, and adjusted its 2025 guidance upward.
P.S.P. Specialties enters the Philippines with transformer oils to support grid expansion
The Thai group targets energy distributors and developers in the Philippines, as the national grid plans PHP900bn ($15.8bn) in investments for new transformer capacity.
Scatec cuts debt by 27% and reaches record 3,392 MW in projects
Scatec strengthened growth in the third quarter of 2025 with a significant debt reduction, a rising backlog and continued expansion in emerging markets.
Air Liquide raises €2.15bn to finance the purchase of South Korea’s DIG Airgas
The French industrial gas group issued bonds with an average rate below 3% to secure the strategic acquisition of DIG Airgas, its largest transaction in a decade.
Naturgy posts €1.67bn net profit and maintains full-year target
With a 5.6% increase in net profit over nine months, Naturgy expects to exceed €2bn in 2025, while launching a takeover bid for 10% of its capital and engaging in Spain’s nuclear debate.
OMV posts €1.26bn operating profit in Q3 despite falling revenues
Austrian energy group OMV reported a 20% increase in operating profit in Q3 2025, driven by strong performance in fuels and petrochemicals, despite a decline in total revenue.
Equinor posts adjusted operating income of USD 6.21bn in Q3 2025
Equinor reported 7% production growth and strong cash flow, despite lower hydrocarbon prices weighing on net results in the third quarter of 2025.
Boralex appoints Ted Di Giorgio to its board of directors
The former EY senior partner joins Boralex’s board, bringing over three decades of audit and governance experience to the Canadian energy group.
Iberdrola to pay €1.7bn interim dividend to shareholders in January
Iberdrola has confirmed a €0.25 per share interim dividend in January, totalling €1.7bn ($1.8bn), up 8.2% from the previous year.
MIT launches Macro, a modelling tool to anticipate energy infrastructure needs
A new software developed by MIT enables energy system planners to assess future infrastructure requirements amid uncertainties linked to the energy transition and rising electricity demand.
Noble posts $21mn loss but secures $740mn in new contracts
Noble Corporation reported a net loss in the third quarter of 2025 while strengthening its order backlog to $7.0bn through several major contracts, amid a transitioning offshore market.
Oilfield giants shift to AI infrastructure as drilling slows
SLB, Halliburton and Baker Hughes invest in artificial intelligence infrastructure to offset declining drilling demand in North America.
EDF to repay €7.4bn in bank loans early by January 2026
The French energy group announced the early repayment of medium-term bank debt, made possible by strengthened net liquidity and the success of recent bond issuances.
US utility large load commitments reach 160 GW amid grid imbalance warnings
Large load commitments in the PJM region now far exceed planned generation capacity, raising concerns about supply-demand balance and the stability of the US power grid.
Petrofac places holding company into administration after termination of key contract
The termination of a strategic contract with Dutch grid operator TenneT triggered the administration of Petrofac’s holding company, reigniting tensions with creditors.

All the latest energy news, all the time

Annual subscription

8.25£/month*

*billed annually at 99£/year for the first year then 149,00£/year ​

Unlimited access - Archives included - Pro invoice

START - 99£/year

Monthly subscription

Unlimited access • Archives included

5.2£/month*
then 14.90£ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.