Russia set a target on the development of renewable energy sources in 2009, with the aim to grow their share of total power production to 4.5 per cent by 2024. MOSCOW: President Vladimir Putin has said he wants Russia’s total net greenhouse gas emissions to be less than the European Union’s over the next 30 […]
Ikea Retailer Acquires 49% Stake in Eight Solar Parks in Russia
The investment arm of Ikea’s largest retailer, Ingka Group, is expanding its renewable energy footprint by acquiring a 49% stake in eight solar parks in Russia. The agreement for the parks, with a total book asset value of about 235 million euros ($279 million), has been struck with Solar Systems LLC and is now awaiting […]
Russia’s Getting Left Behind in Global Dash for Clean Energy
Bloomberg – As the man in charge of developing Russia’s vast Arctic north, Aleksey Chekunkov faces more climate-related challenges than most, from permafrost sink holes to the emergence of West Nile fever in frozen tundra. Yet he’s no eco-warrior when it comes to fossil fuels. “We have to be realistic, we are the largest country […]
KSTAR has provided more than 800MW PV turnkey solution in Russia
More than 800MW PV projects with KSTAR turnkey solution has been operated successfully in Russia. The power projects aim to reduce carbon emissions and secure stable energy supply in a cost effective manner for the customer. KSTAR is very proud to launch its central inverters in Russia as the earliest supplier from China. The 800 […]
Tariff Reduced to $0.035 per KWh in Kazakhstan Solar Auction
JSC Korem Allocates 147.95 MW In Renewable Energy Auction, Awarding 60 MW To Solar PV Capacity; Lowest Winning PV Tariff Down 14.1% Over Capped Tariff; Hevel Solar Wins 40 MW KEY TAKEAWAYS Kazakhstan has selected winners of a 250 MW renewable energy auction for the year 2020 The oversubscribed auction finally awarded 147.95 MW as […]
Science News Roundup: NASA chief says Russia ties ‘solid’ as Moscow’s space chief rejects U.S. led program; Solar probe reveals sun’s tiny ‘campfires’ and more
UAE reschedules Mars mission launch to between July 20 and July 22 The United Arab Emirates has rescheduled the launch of its mission to Mars to a preliminary window between July 20 and July 22, depending on weather conditions at the launch site in Japan, the government’s communications office said on Thursday. Following is a […]
Australia’s Prospect Resources in talks to sell stake, lithium supply to Russia’s Rosatom
Australian lithium developer Prospect Resources Ltd (PSC.AX) said on Thursday it has signed a memorandum of understanding with a unit of Russia’s Rosatom that could see the latter buy a stake in Prospect as well as supplies of the sought-after metal. The discussions are with Uranium One, a wholly owned subsidiary of the Russian state […]
Russia’s Rosatom may buy controlling stake in Chile lithium project
MOSCOW/SANTIAGO: Uranium One Group, a subsidiary of Russia’s state nuclear company Rosatom, may buy a controlling stake in a lithium project in Chile’s Atacama salt flat from Wealth Minerals Ltd (WML.V), the Canada-listed company said on Tuesday. Under a deal struck with Wealth, the Russian nuclear firm has the option to purchase up to a […]
Russian investors keen on Ladakh solar power project: Invest India
Vladivostok (Russia): Exploring business opportunities in India, Russian investors have shown interest in the solar power programme in Ladakh, which was recently made a Union Territory and has huge potential in this sector. The interest has been conveyed to Invest India, the National Investment Promotion and Facilitation Agency, which helps investors looking for opportunities and […]
Norway OKs wealth fund investments in unlisted green energy
Currently 66.3 percent of the fund is invested in shares, 30.7 percent in bonds, and three percent in real estate. Oslo: Norway’s sovereign wealth fund, the world’s biggest at more than $1 trillion, will soon be able to invest in unlisted renewable energy infrastructure projects, such as wind farms and solar parks, the government said […]