Fortum Kalmykia Solar PV Park is an 116MW solar PV power project. It is planned in Kalmykia, Russia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the partially active stage. It will be developed in multiple phases. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in 2021. Buy the profile here.


The project is being developed by Fortum. The project is co-owned by Fortum and Russian Direct Investment Fund, with their respective ownership stake of 50% each.

Fortum Kalmykia Solar PV Park is a ground-mounted solar project.

The project cost is expected to be around $198.36m.

Development status

The project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by 2021.

Contractors involved

Hevel will be the supplier of PV modules for the solar power project.

For more details on Fortum Kalmykia Solar PV Park, buy the profile here.

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.


GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.