President of Tatarstan meets with top management of European-Tatarstan fund of clean technologies

Advanced projects meant to be realized in Tatarstan with participation of the European-Tatarstan fund of clean technologies have been discussed at a meeting of the Tatarstan President Rustam Minnikhanov with the fund’s top managers today.

RT Prime Minister Ildar Khalikov, Vice-premier – Minister of communications Roman Shaikhutdinov, Minister of construction, architecture, housing and utility services Irek Faizullin, Director General of JSC “Szyazinvestneftehim” Valery Sorokin, delegation of Wermuth Asset Management led by its founder Jochen Wermuth took part in the event.

The European-Tatarstan fund of clean technologies was founded by Tatarstan and German company Wermuth Asset Management in 2011. Its priority task is attraction of high-tech foreign companies to Tatarstan, participation in projects on launching production using energy saving solutions, renewable energy sources and waste treatment in republic.

Wermuth Asset Management officials suggested using clean technologies in planning and construction of Innopolis. The Tatarstan President supported the idea saying that the detailed planning of new town is under way, and use of energy saving technologies is essential. In particular, he offered using thermal pumps for conditioning and heating of premises.

In addition, projects on processing agricultural and woodworking waste for biogas production are supposed to be implemented in Tatarstan.

German experts say that modern technologies make biogas a competitive energy resource.

The President confirmed that such projects may be useful for republic. He gave assignment to organize several working groups for discussion of certain fields of the fund’s work.