Powering the green future

Welcome to NBT

NBT develops, operates and owns large-scale wind farms in emerging economies. NBT has ambitious goals when it comes to renewable power and ethically develops concepts to help local communities across the globe that are seeking to utilise their resources.

The use of wind power helps secure a better environment and a green future. Wind farms enable people to reduce their dependency on traditional resources such as gas, oil and coal, which is conducive to the global fight against climate change.

It is important for NBT to seek development opportunities in countries where renewable power is supported by government-backed green tariffs, and where the economic climate allows for non-recourse financing in the international capital market. 

Investors and banks are invited to co-power the green future in partnership with NBT. Do you want to join us to contribute to a better environment?

Open-minded business

NBT wants to contribute to a better environment and establish new, healthy business operations across borders, harvesting from the vast and renewable global wind resources. That’s how we are powering the green future.

Read more about us

Where we are

We enjoy great success with our current land based wind farms.

world map

Norway

NBT headquarters

Ukraine

Zophia and Syvash wind farms

China

Baicheng and Linxi wind farms

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Ukraine

The wind conditions in Ukraine are among the best in the world for clean energy generation. Ukraine is a country with a vast potential to increase wind power in the future. About 40% of the landscape is suitable for wind power generation.

The Ukrainian Government has developed a strategy to bring the share of renewable energy in the country’s energy mix up from 5 percent currently to 25 percent by 2035, and large-scale renewable energy projects are burgeoning due to improvement in the nation’s investment climate.

NBT has started construction of the 250 MW Syvash Wind Farm, which is financed by a group of international lenders led by the European Bank for Reconstruction and Development (EBRD). 

In addition, NBT has acquired the Zophia Wind Farm with a total capacity of approximately 800 MW. Construction is expected to start in end 2020 or early 2021.

In May 2018, NBT opened its Kyiv office to support project development in Ukraine. 

Continuing to look for opportunities as the Ukrainian market matures, NBT is well-positioned to help the country achieve its renewable energy target. 

Zofia wind farm

Zophia Wind Farm

Zophia Wind Farm will become Europe’s largest onshore wind farm.

Syvash Wind Farm

The name “Syvash” is derived from Lake Syvash, which looks pink in colour and is among the saltiest waters in the world.

China

China is the world’s largest wind power market, with a total capacity of 184 GW by the end of 2018, accounting for 9.7% of the country´s total power capacity. 

Ever since China adopted the feed-in tariff mechanism for wind power projects in 2006, its wind power market has been ballooning and, within a decade’s time, it has become the world’s largest market both in terms of total installed capacity and yearly growth.

As one of the pioneers in China’s wind power market, NBT has built two wind farms in northern China with a total capacity of 150 MW.

NBT Baicheng wind farm

Baicheng Wind Farm

Baicheng was identified as a major site for the development of alternative energy, due to its abundant wind resources and flat land.

NBT Linxi wind farm China

Linxi Wind Farm

In this impressive landscape, we have been part of establishing a green future for China .

Other Emerging Markets

In addition to Ukraine and China, NBT looks at opportunities in other emerging markets across the globe.

With a team of professionals boasting extensive knowledge and experience in complex renewable energy projects, NBT is open to considering all utility-scale wind power projects in emerging markets that are technically, financially, environmentally and socially viable.

Windmills have been in use since 2000 B.C. and were first developed in Persia and China

Press releases

19 January 2021

NBT joins Windvision on realilzation of 800 MW of wind projects in Serbia

13 August 2020

Zelenskyy endorses investments in Ukraine by meeting with Mr Joar Viken CEO of NBT AS

20 November 2019

First turbine erected at NBT’s Syvash Wind Farm in Ukraine

1 November 2019

NBT crowned Onshore Team of the Year by major wind industry experts

22 October 2019

NBT joins hands with major Chinese contractor and banks to build Europe’s largest wind farm in Ukraine

9 May 2019

Ukrainian wind farm wins EBRD Sustainability Bronze Award

18 April 2019

EUR 107.6m finance deal inked for NBT-Total Eren co-sponsored Ukrainian wind farm

12 February 2019

Norwegian developer and investor NBT acquires 750 MW wind farm in Ukraine

24 January 2019

Co-sponsors NBT and Total Eren secure EUR 155m loan for wind power project in Ukraine
Joar Viken CEO NBT AS

Words from the CEO

NBT has been always passionate about harvesting clean energy from wind resources in emerging markets. We are rigged to be first-movers in these markets, and have acquired the skills and experience to raise funds in the international capital markets.