Monday was the first day of applications submission. Projects selected in the tender must be commissioned between 2018 and 2022.
The project was selected in the first round of Russia’s renewable energy tender for large-scale power plants.
The plant is located in the Republic of Buryatia, where Hevel is also planning another 15 MW solar facility. The project’s completion is scheduled for December 2017.
The Russian developer has signed an agreement for the grid connection of the plant with local power distribution company IDGC of Northern Caucasus.
The seven-year loan will be used by the Russian solar developer to finance the construction of its 15 MW solar project in the Astrakhan region of Russia.
If approved, the new net-metering scheme would come into force by the end of this year. Power surplus woul be sold to the grid at a rate of RUB 1 ($0.0174)/kWh.
The international agency describes Russia’s difficult transition to clean power generation technologies. The study, however, outlines the country’s strong solar potential.
The Russian PV manufacturer aims to produce 160 MW of heterojunction solar cells annually at its fab in Novocheboksarsk. Hevel says it has upgraded its production from thin-film to crystalline modules.
Investment by a Russian firm in the Indian solar sector sees Miyota Power India – a joint venture between state-controlled JSC Minneftegasstroi and Akis Tech – collaborate with Al Ameen Green Energy on Tamil Nadu PV plans.
The government of the Russian region of Astrakhan announced that work on the first large-scale PV plant in the area has begun. Completion on the 15 MW project, which is being developed by local developer Solar Systems, is scheduled for the third quarter of this year.
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