China to Invest $1 Billion in Russian Solar Energy

CHINA TO INVEST $1 BILLION IN RUSSIAN SOLAR ENERGY

Chinese power giant Amur Sirius plans to invest up to 45 billion rubles ($1 billion) in Russian solar energy starting next year, business daily Vedomosti reported Wednesday.

Russia has blazing summers to match its harsh winters, and despite the country’s wealth of hydrocarbon resources, the government is making moves to encourage the emergence of green energy.

Solar Systems, a subsidiary of Amur Sirius, will start construction of a solar panel factory in the Alabuga special economic zone in Russia’s Tatarstan region next year, the company’s investment and finance chief Olga Bykova told the newspaper. Costing between 6 billion and 9 billion rubles, the plant should be completed by 2016, she said.

Solar Systems this summer also won tenders to build 175-megawatt solar power plants in three Russian regions, which will be commissioned between 2016 and 2018. Amur Sirius plans to continue bidding for new energy projects, and the company’s total investment in Russia could reach 45 billion rubles, Bykova said.

The government offers to subsidize green energy sales to guarantee a return on investment, but to qualify for the scheme, solar plants must use domestically produced equipment — hence the Tatarstan factory, Vedomosti reported.

Solar Systems is also considering new projects in Kazakhstan, Armenia and Eastern Europe, Bykova said.

World News - Breaking International News Headlines and Leaks

Chinese power giant Amur Sirius plans to invest up to 45 billion rubles ($1 billion) in Russian solar energy starting next year, business daily Vedomosti reported Wednesday.

Russia has blazing summers to match its harsh winters, and despite the country’s wealth of hydrocarbon resources, the government is making moves to encourage the emergence of green energy.

Solar Systems, a subsidiary of Amur Sirius, will start construction of a solar panel factory in the Alabuga special economic zone in Russia’s Tatarstan region next year, the company’s investment and finance chief Olga Bykova told the newspaper. Costing between 6 billion and 9 billion rubles, the plant should be completed by 2016, she said.

Solar Systems this summer also won tenders to build 175-megawatt solar power plants in three Russian regions, which will be commissioned between 2016 and 2018. Amur Sirius plans to continue bidding for new energy projects, and the company’s total investment in Russia could reach 45 billion rubles, Bykova said.

The government offers to subsidize green energy sales to guarantee a return on investment, but to qualify for the scheme, solar plants must use domestically produced…

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We are currently working on a LIFE EXPECTANCY CALCULATOR to include ELEVATION / LONGITUDE / LATITUDE / POPULATION DENSITY variables and their relationship to life span and quality of life. Other areas of interest for publishing include: Industrial Automation | Environmental Optimization | Space | Forensics | Logistics Favorite quote: "Know what you don't know" (Someone, 2020). Jessica attended the University of San Diego’s lawyer’s assistant program immediately obtaining her undergraduate degree. She worked as a legal assistant while she pursued her master’s in forensic science. After obtaining her MS. degree she continued to work in the legal field for years till she got involved in the pre-planning business. She is working on her PhD in forensic psychology at GCU: Focus: Prison reform and its relationship to economic equality/life expectancy to produce a dissertation topic that focuses on solutions to the problem. Improving educational skills training can elevate quality of life while raising life expectancy. (Klocko, et al., 2015). A qualitative approach, utilizing both quantitative statistics over time and qualitative population sampling, would best represent all angles of this topic (Stimpson & Walker, 2020). References: Klocko, B. A., Marshall, S. M., & Davidson, J. F. (2015). Developing practitioner-scholar doctoral candidates as critical writers. Journal of Higher Education Theory and Practice, 15(4), 21-31. Natt Och Dag, K. (2017). A Scholar-Practitioner Perspective on a Leadership Development Program in Health Care: Integrating Connectivism Theory. Advances in Developing Human Resources, 19(3), 295–313.

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