The company "Communication Engineering" bought a 70 percent stake in Russian startup Aerogreen, according to media reports. According to experts, the total deal amount may vary from 3 to 5 million.
Aerogreen project has been chosen by GenerationS startup accelerator in 2014 of CleanTech direction. According to the project founders, a model of a wind turbine they developed can extract energy from the wind with more effectively than present market generators with three blades.
The development of similar renewable energy technologies in Europe has already showed great results – according to the EU Joint Research Centre report, by 2020 they may cover about 12% of EU energy needs.
The purchase of wind turbines startup by the "Communication Engineering" company, which has 3 producing factories across Russia, may boost renewable energy development in the country.