Fortum Teams Up with Russia’s Bank GPG for Wind JV

Finnish state-owned energy company Fortum has announced that it is initiating cooperation in wind power generation in Russia with Bank GPB. For this purpose, 1.3 GW portfolio of wind projects is being transferred from the Fortum-Rusnano Wind Investment fund (50/50 joint venture) to a joint venture recently established with Bank GPB, the company said in […]

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Fossil-dependent Russia Finally Warms Up To Solar Power

Solar energy in Russia might be on the verge of a major expansion, thanks to a government support program for renewable energy sources, The Moscow Times reported industry experts as saying. Russia, the world’s fourth-largest emitter of greenhouse gases, has historically relied on its vast oil and gas reserves to bolster its economy. But the […]

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Russia Selects 775 MW Solar PV Capacity in Latest RE Auction

Russian trading system administrator JSC ATS has announced the results of renewable energy auction that came to a close on September 9, 2021. A total of 774.8 MW (rounded up to 775 MW) solar PV capacity has made the cut. The capacity of 18 winning solar power projects ranges between 8.47 MW to 60 MW, with […]

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Russian Scientists Develop New Desalination Tech Using Solar Energy

Russia’s Ural Federal University (UrFU) power engineers have developed a new desalination technology, which is expected to significantly reduce the cost of desalination and quadruple the volume of production. The results of the research are published in the journal Case Studies in Thermal Engineering. Desalination plants deserve, and have attracted research efforts because of their […]

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L-Charge’s 1st Mobile EV Charger Starts Patrolling Moscow’s Streets

Russian engineering firm L-Charge has announced that its first mobile EV charger has started to patrol Moscow city streets to provide on-demand charging service to electric vehicles. It can be summoned via an app to any location in Moscow and takes just 8 minutes to charge an electric car to a range of 100 km, a world record, said the […]

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Russian Yandex Signs 5-year Wind PPA with Finnish Ilmatar Energy

Yandex, a Russian internet company, has signed a 5-year power purchase agreement (PPA) for wind energy with Finnish renewable energy company Ilmatar Energy. Under the contract, Yandex will source renewable electricity from wind farms operated by Ilmatar to cover 100% of the energy needs for the company’s Mäntsälä data center in Finland. Delivery of renewable […]

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2-Day Virtual Summit on Green H2 among BRICS Nations Starts Tomorrow

Starting tomorrow, India is organising a two-day virtual summit (June 22, 2021 to June 23, 2021) on green hydrogen initiatives  involving the BRICS (Brazil, Russia, India, China, and South Africa) nations. The event will be anchored by India’s largest power producer and one of the global energy majors, NTPC Ltd., a CPSU under Ministry of […]

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IKEA’s First Investment in Russia’s Solar Projects Covers 160 MW

Ingka Group, the largest IKEA retailer, has announced that its investment arm, Ingka Investments, will fund 160 MW of solar projects, worth $272 million, in south-west Russia, so as to accelerate its investment in renewable energy. The Netherlands-based company has signed an agreement with Solar Systems, LLC, to acquire a 49% stake in its eight […]

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Vestas Bags Turbine Orders Worth 367 MW in Russia and China

Vestas has announced that it has received multiple orders from Russia and China for wind turbines worth 367 MW for various projects. Vestas, the leading global supplier of wind turbines, has announced that it has received multiple orders from Russia and China for wind turbines worth 367 MW for various projects. The first order the […]

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