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Oktyabrskaya Solar Power Plant

Sector: Solar • Location: Russian Federation

Source: World Bank Group

Project
Active

The project involves the development, construction and operation of 15MW Oktyabrskaya solar power plant in Astrakhan Region in Russia. Upon completion, the plant is expected to generate more than 21 000 MWh of electric energy annually. The sponsor is Solar Systems (Russia), established by Amur Sirius Power Equipment (China) and the SPV is Pyataya Proektnaya Kompaniya (Fifth Project Company). The t

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The project “Oktyabrskaya Solar Power Plant” is an infrastructure initiative in the Solar sector, located in Russian Federation. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project involves the development, construction and operation of 15MW Oktyabrskaya solar power plant in Astrakhan Region in Russia. Upon completion, the plant is expected to generate more than 21 000 MWh of electric energy annually. The sponsor is Solar Systems (Russia), established by Amur Sirius Power Equipment (China) and the SPV is Pyataya Proektnaya Kompaniya (Fifth Project Company). The total investment is RUB 2.9 billion or $ 44.1 million of which Eurasian Development Bank (EDB) committed up to RUB 2 billion or $ 30.42 million Financial close was announced on 6 June 2019. https://eabr.org/en/press/news/the-edb-to-finance-solar-systems-construction-of-the-oktyabrskaya-solar-power-plant-in-astrakhan-reg/ http://en.solarsystems.msk.ru/areas/#projects http://solarsystems.msk.ru/press-cents/news/1496/ https://www.zawya.com/mena/en/project/030119012442/ministry-of-energy-of-the-russian-federation-oktyabrskaya-solar-power-plant/

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