Minsk, September 11 - Neftegaz.RU. Belarus has raised around $40 million in foreign investment to build its largest wind farm, Belta learned from the press service of the Belarusian Natural Resources and Environmental Protection Ministry.
The project will be financed by the Turkish company Guris Construction and Engineering . The company is a well-known developer of eco-friendly engineering solutions, the press service said.
“Thanks to this project, Belarus will attract direct investment in green economy and renewable energy sources. Wind farms will help reduce pollution and improve the quality of life of local residents,” Deputy Minister of Natural Resources and Environmental Protection Aleksandr Korbut said.
“The global power consumption is expected to increase by 30% within the next 20 years. At the same time, the total share of renewable energy sources in the global energy sector will increase to 44% by 2050, mainly thanks to solar, wind, and hydropower. Currently renewable energy sources are developing quite slowly in Belarus. As of early 2019, the share of such energy in the national energy market equaled 6.2%. At present, 96 wind turbines with a total capacity of 100.95MW work in the country,” the press service noted.
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