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6 FAQs about [Russia greentec solar]

Is solar energy on the verge of a major expansion in Russia?

Vadim Braidov / TASS Solar energy in Russia might be on the verge of a major expansion, thanks to a government support program for renewable energy sources, industry experts told The Moscow Times. Russia, the world’s fourth-largest emitter of greenhouse gases, has historically relied on its vast oil and gas reserves to bolster its economy.

Does Russia have enough solar energy?

There is no sun there!’ Well, our data tells us differently.” Moscow-based renewables company Unigreen Energy, which has received a government guarantee that it will be paid extra for the power it adds to local grids, said Russia has more than enough insolation — solar radiation hitting an object — to produce solar energy.

Will Russia's energy policy change?

The Omsk, Altai and Zabaikalsky regions, the republic of Sakha and other locations in Siberia and Russia’s Far East launched their first solar plants in recent years, according to Tatiana Lanshina, the director of think tank Target Number Seven Association. However, she added that so far there are no signs of major changes in state energy policy.

Is Russia moving from fossil fuels to renewables?

As the third-largest carbon emitter in human history, Russia faces an uphill battle in its attempts to move from fossil fuels to renewable and other sources of clean energy. The global economy gets roughly 10% of its power from wind and solar sources, while in Russia, solar’s share is just 0.2%.

Could a hybrid solar-diesel power station help Russia's Arctic settlements?

“Most Russian regions have high insolation — above 1,000 — the level required to generate energy,” the company said in a statement. Both Unigreen and HEVEL experts said Russia’s many Arctic settlements could benefit from hybrid solar-diesel power stations that would cut costs and solve supply chain and shortage problems.

Why is Russia Going Green?

Sergei, a former ESG managing director at Russia’s largest bank and currently the CEO of a recycling startup in Dubai, said that in practice, Russia's green transition was primarily an effort to satisfy Western investors and shareholders.

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