Russia’s State-supported Renewable Auction Heavily Favored Solar

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Russia’s second renewable energy project auction held in June has distributed state subsidies for the years of 2015, 2016, 2017 and 2018. Subsidies were offerred for up to 496 MW of solar, 415 MW of hydropower and 1.65 GW of wind capacity. Fifty-seven applications were submitted, of which an impressive 53 were for solar generation, three for hydro development and a single wind bidder.

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