How much does a solar power plant cost in Russia?

According to Russian suppliers for solar power plants (altecology.ru, 2019; Solar controller, 2020), the average cost of equipment for solar power plants with an installed capacity of 10 MW is 310 million rubles.

Is solar energy a good investment in Russia?

Even though demand for solar energy in Russia is low, the Moscow-based company, Hevel, is producing solar modules with an energy conversion efficiency of 22 percent, which is the world’s highest. In addition to Hevel, only two other companies in the world produce solar equipment with similar efficiency: Panasonic (Japan), and Sun Power (U.S.).

How many solar power plants are there in Russia?

Insolation map of Russia (Map of Insolation of Russia, 2019). At the beginning of 2020, thirteen solar power plants with a total installed capacity of more than 300 MW are already operating in this region (Solar Power Plants in the Orenburg Region, 2019).

Is the Orenburg region a good place to invest in solar energy?

The Orenburg region is one of the long-term leaders among the regions of Russia, not only in terms of the potential of solar energy (about 300 sunny days a year) (Kommersant, 2020; Rambler, 2020) (Figure 5), but also in terms of the rate of development of this sector in the country. FIGURE 5.

What is the real utilization factor of solar power plants?

Based on the results of evaluating the distribution of data in Figures 1, 2, it is assumed that the real utilization factor of the installed capacity that can be obtained at solar power plants in the Orenburg region is approximately 17%.

How many solar power plants will be installed in 2020?

According to experts’ forecasts (ural56.ru, 2019), by the end of 2020, at least three more SPP with a total installed capacity of about 90 MW should be put into operation. Moreover, some solar stations are hybrid and generate energy together with wind and biogas plants.