Windlife Energy BV and its Russian subsidiary ZAO Windlife Arctic Power have been developing a 200MW wind Park in Murmansk Oblast for the past 3 years, a press release from the company reads. In October 2008 an official commission with members from the Murmansk regional administration approved a Memorandum of Understanding on the development of a major windmill park on the coast of the Kola Peninsula, as BarentsObserver reported.
According to the press release from Windlife Energy, the company has now made the final investment decision and has ordered its subsidiary to work closely with Avantis Europe GmbH in order to reach Financial Close in 2011. Installation of the wind park is foreseen for 2011 and 2012.
The wind park is expected to produce annually approximately 750 GWh in clean energy and will save 456,000 tons of CO2. After completion this new wind park will provide clean energy for some 190.000 households in the Murmansk region.
