How solar energy is developing in Russia

14 / 07 / 2020

Neosun Energy analysts have given an assessment to the Russian solar energy market. Experts studied all the major and commercial solar projects in the Russian Federation in period from October 1, 2010 to June 30, 2020.

According to the company, the installed capacity of solar power plants (SES) commissioned in Russia reached 1 GW 452 MW as of June 1, 2020, and the volume of investments in the construction of SES exceeded 160 billion rubles.

Federal district distribution of solar power plants in Russia

The leader among the regions was the Southern Federal District. For 10 years solar power plants with installed capacity of 642 MW were introduced here. Investments in them amounted to 74 billion rubles.

There is also the largest photovoltaic plant on the territory of Russia - SES Perovo in Crimea. Its installed capacity is 105 MW 560 kW, which is slightly more than the Staromarievskaya SES in the Stavropol Territory (100 MW) commissioned in 2020.

The Volga Federal District took second place in terms of installed capacity (464.5 MW) and the Siberian Federal District took third place (128 MW). The fourth and fifth places are occupied by the Far East (115 MW) and the North Caucasus Federal District (101 MW), respectively.

Annual dynamics of solar power plant construction in Russia

73% of solar energy plants with a total capacity of 1 GV 66 MV have been commissioned over the last 3 years from January 2017 to June 2020. Meanwhile, annual increase in SES installed capacities amounted to 38%.

"According to various estimates, about 70% of the territory of the Russian Federation with a population of over 20 million has autonomous, expensive or unreliable centralized energy supply. Even such developed regions as the Krasnodar Region, for example, have a capacity deficit of about 7 GW and, as a result, face regular power supply interruptions, especially in the summer months.

Together with the low cost of solar power plants, this will encourage Russian businesses to switch to renewable energy sources in the coming years.

According to our analysts' calculations, by the end of 2020 the installed capacity of solar power plants commissioned in Russia may reach 2 GW, and the volume of investment in solar projects will exceed 200 billion rubles," - said CEO of Neosun Energy in Russia Ilya Likhov.

NEOSUN Energy is an international high-tech company, manufacturer of new generation solar cells and lithium-ion batteries, developer of autonomous power systems, solar power plants and energy storage systems for commercial and industrial enterprises.