Murmansk windmill farm comes one step closer
An official commission with members from the Murmansk regional administration has approved a Memorandum of Understanding on the development of a major windmill park on the coast of the Kola Peninsula.
In a meeting this week headed by Murmansk First Deputy Governor Aleksandr Makarov, the two Dutch companies Windlife Arctic Power and Windlife Energy BV got the region’s moral support for the development of their projected 200 MWh windmill park in the area of Teriberka on the Barents Sea coast.
According to the most positive progress prognosis, the first windmill turbines can be installed in year 2010. By 2011, about 50 percent of project capacity can be applied, while the project will be 100 percent up running in year 2013, Murmannews.ru reports.
Dutch company representatives said at the meeting that they for several years have been studying the wind potential of the area and that new Russian federal legislation on alterative energy has now spurred new interest in the project
The project has a preliminary price tag of 300 million EUR, newspaper Polyarnaya Pravda reports. Funding is about to be found with positive signals coming from the European Bank of Reconstruction and Development (EBRD), the ING bank. Also Deutsche Bank and the regional electricity major TGK-1 have expressed interests, the newspaper writes.
