Chinese power equipment manufacturer Amur Sirius, which recently submitted the largest bid to build 220 MW of PV plants in Russia, has announced plans to establish solar farms in the country's Samara, Volgograd and Stavropol regions and to set up a PV panel manufacturing plant in Russia with an annual capacity of at least 100 MW by 2016.
The company's bid was part of the first stage of Russia's tender for construction of renewable energy facilities in the country in the period from 2015 to 2018.
According to Mikhail Molchanov, general director of Solar Systems, Amur's subsidiary in Russia, the company is currently looking for financial and technology development partners, both in the domestic market and in the European Union.
Meanwhile, representatives from other auction winners, in particular local players Solar Energy and Avelar Energy Group, which submitted bids for 160 MW and for 190 MW, respectively, have also announced plans for the rollout of their projects.
Avelar Energy said production of the solar modules it will use on its projects will be produced by Hevel Solar, a joint venture of Russian groups Renova and Rusnano.
Analysts at the Russian Association of Renewables have said that the main goal for the winners of the tenders was establishing new markets for their products, with immediate profit playing a less important role in their overall expansion plans.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: firstname.lastname@example.org.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.