Saturday, November 8, 2014

China Investing $1 Billion Into Russian Solar Energy Industry

Article Abstract:

November 7th, 2014 by  
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Image Credit: Russian Flag via Flickr CCChina will be investing somewhere around $1 billion into the Russian solar power industry over the next few years, according to recent reports.

A subsidiary of the country’s Amur Sirius — “Solar Systems” — is currently in the process of developing a solar PV panel production facility in Russia’s Tatarstan Republic. The development of that project (amongst others) constitutes what is probably a large enough investment to make China’s Solar Systems the “largest private investor” in the Russian solar power industry — investing around $1 billion in total.

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