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Wind Turbines

Examples

Mapping Cleant entry points for an investor

Evaluated growth opportunities and market entry points for an industrial conglomerate, seeking to invest in upcoming hardware startups. Analyzed battery manufacturing, stationary energy storage, carbon capture, carbon markets, nuclear power, hydrogen, and renewable energy markets. Identified potent technologies, business models, and potential acquisition targets.  

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FOAK in wind - establishing REDWIND B.V./NOVAWIND as a renewable energy leader in Russia.

At REDWIND B.V., my role as CEO was defined by strategic innovation and bold decision-making. My tenure was dedicated to establishing the company as a leading wind turbine manufacturer in Russia, focusing on 2.5-4MW turbines. The strategies I formulated and executed not only carved out half of the market for us but also solidified our position as a key player in renewable energy. The highlight of my leadership was securing a monumental wind turbine sales agreement worth over $900M and finalizing a manufacturing license agreement valued at €11M. These achievements underscored our commitment to advancing renewable energy and demonstrated our capability to compete on a global scale.

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FOAK in lithium-ion - transforming RENERA/EnerTech International into a lithium-ion powerhouse

As CEO and Chairman of RENERA/EnerTech International (ETI), I spearheaded a remarkable turnaround in just two years. When I took the helm, RENERA was just a small cathode lab in Siberia, and ETI was grappling with challenges in growing business in Korea and the US. I have developed a strategy to grow joint companies to over 10 GWh cell manufacturing and convinced the investments committee to fund both the pivotal acquisition of ETI and the construction of the gigafactory. Both cathode and cell sales grew by several orders of magnitude, with ETI finally becoming profitable in 2022. This transformation marked RENERA as Russia's premier manufacturer of lithium-ion cells, equipped with the latest technology. It was a journey of turning challenges into opportunities, positioning RENERA at the forefront of the industry.

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Revitalizing OTEK's Business Model for Sustainable Growth

As the Business Development Director at OTEK, a company specializing in fossil-fuel heat and electricity generation, I was tasked with driving efficiency and revenue growth. My approach involved developing and implementing strategies that not only enhanced operational efficiency but also diversified our revenue streams, reduced environmental impact and alleviated social concerns of high heating tariffs. A significant milestone was the strategic divestiture of a challenging Combined Heat and Power (CHP) plant to the regional government. This move not only recovered debts of $30M but also reduced tariffs by 30%, benefiting the community. In another bold move, we have switched to natural gas from coal at our biggest CHP, demonstrating our commitment to sustainable business practices, the environment and community welfare.

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© Emin Askerov, 2023.

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