28 Apr '14, 11am

Russia to invest $4.2 billion in solar sector by 2020

Russia to invest $4.2 billion in solar sector by 2020 28. April 2014 | Markets & Trends , Global PV markets , Industry & Suppliers , Panorama | By: Eugene Gerden The state-owned tech investment giant Rusnano and Russian conglomerate Renova are key players in the country's burgioning solar sector. PV devlelopers in Russia are looking to set up PV plants in sunny southern regions like Altai (pictured), Bashkortostan, Orenburg, Samara and Omsk. wikimedia commons The Russian Ministry of Energy is expecting state and private investment in the development of the country’s solar industry to reach RUB 150 billion (US$ 4.2 billion) by 2020. Anton Usachev, corporate affairs director at Hevel Solar, one of Russia’s largest producers of solar modules, predicts solar power plants will be established in the southern and southwestern Russian regions of Altai, Bashkortostan, Orenburg, Sam...

Full article: http://www.pv-magazine.com/news/details/beitrag/russia-to...

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