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Russia

Blockchain solar PV investment fund comes together with energy storage platform

Solar DAO, a digital, autonomous, closed-end, utility-scale PV project investment fund, has announced its partnership with Powerchain, decentralized platform for energy storage, which allows prosumers to buy, store and sell energy.

Egyptian Pyramids may help solar research

A group of Russian researchers has found out that under resonance conditions, the Pyramid of Giza can concentrate electromagnetic energy in its internal chambers. This discovery, the scientists claim, may also be used to develop high efficient solar cells.

Hevel breaks ground on 15 MW solar plant in Siberia

With completion scheduled by November 2019, the Khorinskaya PV facility will be the second solar park to be built by the Russian solar module manufacturer in the Republic of Buryatia.

Researchers discover new method to control excitons

A team of scientists led by Russia’ National University of Science and Technology (NUST MISIS) has made a discovery that allows them to better control excitons in a multi-layered semiconductor. In time, the discovery could lead to the development of unique new solar cell materials.

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Russia’s RE auction concludes with surprisingly low bids

Hevel Solar and Fortum won the 148.5 MW worth of solar PV projects awarded in the auction. The Finnish utility, however, proposed a project CAPEX, which was almost half that of the Russian company’s.

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Russia pre-qualifies PV projects totaling 554.3 MW for pending RE auction

Only a third of the projects, however, will reach the auction’s final phase, as the Russian government announced last year it would allocate 829.94 MW of wind and only 150.2 MW of solar in this round of bids.

Russian region of Kalmykia to host 75 MW of solar

Russian module maker and project developer Hevel intends to deploy 75 MW of capacity by 2022 in the region, which has poor connections with the country’s national grid

EBRD arranges financing for 50 MW project in Kazakhstan

The European Bank for Reconstruction and Development (EBRD) has announced it will work alongside the Clean Technology Fund and Asian Development Bank to provide a loan for the construction of a 50 MW solar power plant in Kazakhstan’s central Baikonur region.

T Plus begins work on two solar facilities totaling 105 MW in Russia

The two solar plants, both located in the region of Orenburg, are scheduled for completion by early 2019.

First Russian mining company to be powered by solar

Russia-based precious metals mining group, Polymetal will be provided with power from a solar facility currently under development by Russian solar module maker, Hevel. The project will be located in Russia’s Far East, a region with limited access to electricity and transmission networks.

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