The Second Stage of the Kosh-Agach Solar Power Plant Brought on Line in the Republic of Altai

22 December 2015

The second stage of the Kosh-Agach solar power plant (SPP) has been brought on line in Kosh-Agach (Republic of Altai), hereby increasing the installed capacity of the power plant up to 10 MW. The investor and the general contractor for the construction are Hevel associates (a joint venture established by Renova Group and RUSNANO). The first stage of the first Russian SPP was launched in 2014. The plant start-up command was personally given by Vladimir Putin, the President of the Russian Federation.

Kosh-Agach solar power plant (SPP)

Kosh-Agach solar power plant (SPP)

The first stage of the Kosh-Agach SPP carries out planned power supply to the grid since April 2015. The second stage will be entitled to merchandise at the wholesale electric power and capacity market upon completion of the maintenance check established by the law.

Two thirds of the equipment mobilized for the construction of the plant was manufactured by Russian electrical engineering and metal working enterprises. Utility connection of the power generating facility to distribution grids of the Republic of Altai was implemented by IDGC of Siberia.

Kosh-Agach District of the Republic of Altai is one of the most insolated places in Russia. Number of sunny days here exceeds 300 days per annum. 

In accordance with the agreement signed between Hevel and the Government of the Republic of Altai in May 2014, it is planned to build up to 45 MW of solar power generation facilities in the region. 

Solar power plant construction projects are implemented in accordance with Decree of the Government of the Russian Federation No. 449 of May 28, 2013 “On incentive mechanism for harnessing of renewable resources at wholesale electric power and capacity market”. The decree fixes return of investment guarantees in the field of construction of renewable power generation facilities via entering into Capacity Supply Contracts in a similar way to traditional generation facilities.

Upon the results of competitive selection of investment projects within the scope of this program in 2013 to 2015, Hevel’s associates plan to commission 349 MW of new solar power generation facilities in various regions of Russia in the nearest three years.

Additional information

Reference

RUSNANO Joint-Stock Company was founded in March 2011 through reorganization of state corporation Russian Corporation of Nanotechnologies. JSC RUSNANO contributes to implementation of the state policy on the development of the nanotechnology industry by investing directly and through investment funds of nanotechnology in financially effective high-technology projects providing the development of new production facilities in the Russian Federation. Its primary investment focus is in electronics, optoelectronics and telecommunications, healthcare and biotechnology, metallurgy and metalwork, energy, mechanical engineering and instrument making, construction and industrial materials, chemicals and petrochemicals. 100 percent of RUSNANO’s shares are state owned. Thanks to RUSNANO’s investments, there are currently 87 factories and R&D Centers opened in 32 regions in Russia.

Management of assets of RUSNANO JSC is carried out by Limited Liability Company established in December 2013, RUSNANO Management Company. Anatoly Chubais is the Chairman of its Executive Board.

Work to establish nanotechnology infrastructure and carry out educational programs is fulfilled by RUSNANO’s Fund for Infrastructure and Educational Programs, which was also established during the reorganization of the Russian Corporation of Nanotechnologies.