First Project of BRICS Development Bank Starts Operation

The The New Development Bank approved its loans worth USD 811 million in April 2016. Four of the bank’s loan projects are in China. The first project funded by The New Development Bank, set up by India and other members of the BRICS grouping of emerging economies, has started operation in Shanghai. The USD 76 […]

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Hevel Commissions 25 MW Solar Power Plant in South Western Russia

The 25 MW Solar Power Plant has been commissioned at a cost of RUB 2.75 billion, and 70 percent of solar PV components used were manufactured in Russia. Hevel Solar, a joint venture between Russian industrial conglomerate Renova Group and nanotechnologies provider JSC Rusnano has commissioned a 25MW solar power plant in Sol-Iletsk, a town […]

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Russian Billionaire Businesswoman Expands Investment Into Renewable Energy

Australia based Inteco Beteiligungs GmbH, owned by Russian billionaire businesswoman and philanthropist Yelena Baturina, continues the expansion of a project to generate, use and market renewable energy in Europe. In October, Inteco completed the acquisition of a solar park near the city of Farsala in Greece. According to industry experts energy produced by the solar park in […]

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Meyer Burger sells PV production equipment to a Russian company

Meyer Burger has bagged an order from one of the largest solar company in Russia, Hevel LLC for the supply of high-end PV production systems. Meyer Burger will be supplying the Moscow based solar company  with a variety of its technology, including systems for the qualification of crystalline solar wafers, for the coating and performance […]

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