SES Akyar Solar PV Park is a 20MW solar PV power project. It is planned in Bashkortostan, Russia. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 20 | – | 20 | Permitting | Bashkortostan, Russia | Renova Group |
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Description
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The project is being developed and currently owned by Renova Group.
SES Akyar Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $37m.
Development Status
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By GlobalDataThe project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2024.
About Renova Group
Renova Group (Renova) is an investment firm that consists of asset management companies and direct and portfolio investment funds owning and managing assets in the metals, mining, chemical and construction development. The company invests in asset management companies and direct and portfolio investment funds owning and managing assets in different sectors. It integrates principles to management procedures through introducing standards and regulations and implementation of a consistent approach to change management and practice improvement. Renova monitors implementation of responsible practices and delivers relevant report on its achievements to stakeholders. The company operates in Russia, CIS, Switzerland, Italy, South Africa, the US, Ukraine, Latvia, Kirghizia and Mongolia, among others. Renova 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.
