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RusHydro and Siemens will cooperate in the implementation of investment projects based on RES

JSC RusHydro and LLC Siemens (Russia) signed an agreement on strategic partnership and cooperation. This was reported by the press service of RusHydro.

In accordance with the agreement, the companies plan to strengthen and develop strategic partnership in all areas of activity that are of mutual interest. Among the priorities is "joint participation in the implementation of investment projects based on renewable energy sources" in the territory of the Russian Federation and third countries. The companies will cooperate in the field of reconstruction and modernization, technical re-equipment of existing and construction of new hydro and thermal power facilities in Russia, as well as in the production of equipment for generation based on renewable energy sources localized in our country.

The document was signed by Evgeny Dod, Chairman of the Management Board - General Director of JSC RusHydro, and Dietrich Möller, President of Siemens in Russia. “The specific terms of cooperation will be established for each project separately in the corresponding binding agreement. The agreement comes into force from the date of its signing and is valid for three years, ”RusHydro clarifies. 

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