According to the first announcement of the project, 1000 turbines were to have been installed by the end of the year. In 1993 Kenetech signed a joint venture with PHB Ukraine Ltd named Windenergo Ltd.
The joint venture manufactures turbines designed and licensed by Kenetech for the domestic and export markets. It also develops and constructs wind farms in the Ukraine and potentially other areas of the former Soviet Union. Windenergo has a contract with utility Krimenergo to develop a 500 MW project, to be owned by the utility. Finance is provided by the joint venture, while additional money is being requested from the US government in connection with proposals to close Chernobyl. The project is significantly behind schedule because of Ukraine's weak economy.