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News // Alternative energy

China keen on investing in offshore wind power park in Russia’s Arctic region

02 February 2018 , 14:08Neftegaz.RU687

Chinese energy construction company Sinomec is keen on investing in an offshore wind power project in the White Sea being built by Russia’s Republic of Karelia, Asia times reported on February 2, 2018.


The Independent Barents Observer says the 60 MW wind park in Russia’s Arctic region has an estimated price of 9 billion rubles and is poised to become Russia’s 1st offshore wind park.


Karelia’s regional Deputy Governor Vladimir Timofeev says he discussed the project with Chinese officials on a visit to China’s Fujian Province last week. «We have agreed to develop the wind power project — this is what the Chinese are most interested in,» Timofeev told TASS.


The Observer says a Chinese delegation with technical experts is expected to visit Russia’s northwest region in May 2018 and that official documents are expected to be formalized during the visit. The Chinese specialists will review the project, including technical aspects of the offshore location, the deputy governor said.


Chinese interest in the Kareilian project follows Beijing’s unveiling of its 1st official Arctic policy white paper on January 26 which lays out a vision for a «Polar Silk Road


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