Negotiations with the Finnish company Single Wing Energy Oy takes place
06/07/2020 21:05
Negotiations with the Finnish company Single Wing Energy Oy takes place
06/07/2020 21:05
Tashkent, Uzbekistan (UzDaily.com) -- At the initiative of the Agency for Attracting Foreign Investments under the Ministry of Investments and Foreign Trade of the Republic of Uzbekistan on 2 July, online negotiations were organized with representatives of the Finnish company Single Wing Energy Oy, which specializes in the production of equipment for hydro and wind energy facilities. The negotiations were also attended by specialists of the Ministry of Energy of the Republic of Uzbekistan.
The videoconference was organized as part of further elaboration of the agreements reached following the results of the IV meeting of the Uzbek-Finnish Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation, held on 16 June.
During the meeting of the IGC, the parties noted that there is an untapped potential between the countries in such areas as geological exploration, ICT, pharmaceuticals, agriculture, energy, resource-saving technologies, fish farming, tourism. Leading companies in Finland, including the management of Single Wing Energy Oy, were also involved in the discussion.
During the last online meeting, a detailed discussion of further steps on the possible implementation of a joint investment project in the implementation of green technologies in construction and industry took place.
Single Wing Energy Oy specializes in the development of small-scale vertical axis wind turbines. One of the latest developments is a single-wing wind generator with a power of 5 kW presented this summer in Finland. The introduction of wind turbines for isolated settlements, where the implementation of energy infrastructure is limited, taking into account the peculiarities of the landscape of the territory, is especially relevant.
At the end of the presentation, the Finnish side expressed its readiness to participate in investment projects in the energy sector, scheduled in Uzbekistan.
The leadership of the Agency for Attracting Foreign Investment expressed readiness to assist in the preparation and sending of information of interest for the implementation of the project.
As a result of the negotiations, an agreement was reached on sending the draft developed by the Finnish company and a visit to Uzbekistan, after lifting the quarantine restrictions for entering the country.
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