Fortum Kalmykia Solar PV Park is an 116MW solar PV power project. It is planned in Kalmykia, Russia. The project is currently in permitting stage. It will be developed in multiple phases. Post completion of the construction, the project is expected to get commissioned in 2021.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 116 | – | 116 | Permitting | Kalmykia, Russia | Fortum |
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Description
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The project is being developed and currently owned by Fortum.
Fortum Kalmykia Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $199.8m.
Development Status
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By GlobalDataPost completion of the construction, the project is expected to get commissioned in 2021.
Contractors Involved
Hevel will be the supplier of PV modules for the solar power project.
About Fortum
Fortum (JSC Fortum), a subsidiary of the Fortum Corporation is an electricity and heat manufacturer. The company sells the electricity produced in the wholesale market and the heat produced is purchased, transported and sold by its subsidiary, JSC ETSC. The company owns and operates in the Chelyabinsk region and Tyumen region. The company manufactures and supplies heat and electricity in the Urals and Western Siberia. The company operates through 3 main branches, namely, Power System Ural, Power System Western Siberia and N’yaganskaya TPP. JSC Fortum is headquartered in Chelyabinsk, the Russian Federation.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
