New Energy Dagestan Solar PV Park 1 is a 25MW solar PV power project. It is planned in Dagestan, Russia. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in December 2023.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 25 25 Permitting Dagestan, Russia New Energy

Description

The project is being developed and currently owned by New Energy.

New Energy Dagestan Solar PV Park 1 is a ground-mounted solar project.

The project is expected to generate 42,312.56MWh of electricity. The project cost is expected to be around $46.25m.

Development Status

The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by December 2023.

About New Energy

New Energy LLC (New Energy) specializes in supplying, installation and maintenance of industrial equipment. The company is headquartered in Moscow,Russia.

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.