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5915 — Komaihaltec News Story

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Brief: RusHydro signs cooperation agreements with Japanese companies

Dec 16 (Reuters) - RusHydro  HYDR.MM : 
    * Signs a number of agreements on further cooperation with 
Japanese companies during the visit of Russia's President 
Vladimir Putin to Tokyo 
    * Signs memorandum of understanding with Mitsui  8031.T  as 
a follow-up to agreement on technological cooperation signed at 
the Eastern Economic Forum in Sept. 
    * The parties agreed to continue to exchange information on 
Japanese technologies and jointly study feasibility of renewable 
energy projects, including construction of wind and geothermal 
power plants as well as projects of hydrogen production using 
renewable energy sources (RES) for use in fuel cells in isolated 
grid areas 
    * RusHydro, Mitsui and Komaihaltec  5915.T  signed a 
memorandum of intent in the of wind power generation 
    * The parties plan to cooperate in wind power generation 
aiming to reduce RES projects' costs through localization of 
wind turbine generators (WTG) or its components in Russia 
    * The parties intend to explore potential sites in Russia 
suitable for the WTG local production and negotiate with 
potential local contractor(s) to evaluate possibility and 
feasibility of the WTG local production 
    * RusHydro, Kawasaki Heavy Industries  7012.T  and Sojitz 
Corporation  2768.T  signed cooperation agreement aimed to 
expand use of gas turbines in new energy projects developed in 
the Russian Far East 
    * Kawasaki, Sojitz and RusHydro's subsidiary - RAO ES of 
East - will continue cooperation in development of pilot 
projects of construction of two combined heat and power plants 
in Vladivostok and Artem City in Primorsky District 
 
     
 Source text - http://bit.ly/2h7mAnU 
     
 Further company coverage:  HYDR.MM   
    
 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))

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