‘Largest’ PV Power Plant Announced For Russia

Finland’s Energy Company Fortum & Russian Direct Investment Fund To Co-Build ‘Largest’ Solar Power Plant in Russia With 116 MW Capacity
10:47 PM (Beijing Time) - 02. March 2021

Fortum won 116 MW solar power capacity in Russia through 2018 and 2019 auctions. Along with RDIF, it is targeting H2/2022 as the commissioning timeline for the entire capacity. Pictured is Fortum’s Pleshanovskaya Solar Park in Russia. (Photo Credit: Fortum)

Key Takeaways

  • Fortum and RDIF have announced they will build 116 MW solar power plant in Russia
  • It will come up in Kalmykia region of Southern Russia as the country’s largest solar power plant once commissioned
  • Project will be completed in 2 phases of 78 MW and 38 MW, with complete commissioning targeted for H2/2022

Kalmykia in Southern Russia is set to be the region in Russia to host a 116 MW solar power plant which the project promoters believe will be the ‘largest’ solar project in the country once it is commissioned.

Finland based energy company Fortum will build the project with a Russian sovereign wealth fund, Russian Direct Investment Fund (RDIF) through a joint venture that already holds 350 MW wind power capacity in Ulyanovsk and Rostov regions.

In a brief statement issued, Fortum said the solar power plant is expected to enter construction under phase I with 78 MW scheduled to be commissioned in Q4/2021, to be followed by the remaining 38 MW in 2022 under phase II. The entire project will be commissioned by H2/2022.

The Finnish company had won 116 MW solar power capacity during 2018 and 2019 auctions in Russia (see Fortum Picks Hevel Solar For Russian PV Projects).

Currently, Fortum holds a portfolio of 2 GW of wind and solar power capacity in Russia comprising 670 MW operational capacity, together with its joint ventures.

Fortum’s solar power portfolio in Russia includes 3 solar projects it acquired from Hevel Group in November 2017 representing 35 MW capacity to which the latter continues to provide operation and maintenance (O&M) services (see Fortum Acquires 35 MW PV In Russia).

Of late, Russian state agencies are showing interest in incorporating solar into the country’s ecosystem with Rusnano purchasing CIGS solar cell production equipment from Sweden’s Midsummer in February 2021 (see Midsummer Delivers DUO Machine To Russia). In August 2020, Hevel Group commissioned a 52.5 kW floating solar power plant for RusHydro (see ‘First’ Floating Solar Plant Online In Russia).

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani