Finnish energy company Fortum and state - owned Russian joint - stock firm Rusnano have commissioned their first joint venture ( JV ) project , a 50 MW wind farm in Ulyanovsk , western Russia . Owned by the Fortum - Nordic wind energy fund , set up to invest in the Russian sector , the project is among 1.8 GW bid by the firms in Russian wind auctions in 2017 and 2018 . Fortum also won the right in a June 2018 auction to develop 110MW of solar capacity in Russia. The JV 's pipeline also includes a 100 MW and 200 MW scheme .
Finnish energy company Fortum and state - owned Russian joint - stock firm Rusnano have commissioned their first joint venture ( JV ) project , a 50 MW wind farm in Ulyanovsk , western Russia . Owned by the Fortum - Nordic wind energy fund , set up to invest in the Russian sector , the project is among 1.8 GW bid by the firms in Russian wind auctions in 2017 and 2018 . The JV 's pipeline also includes a 100 MW and 200 MW scheme .