Are solar panels transforming the solar energy sector in Russia?

The solar energy sector in Russia is witnessing a significant transformation, marking a pivotal shift towards renewable energy sources. Amidst this change, solar panels have emerged as a cornerstone for solar power generation, fostering a dynamic environment for manufacturers and supply chain centers across the country.

Is solar energy a good investment in Russia?

Even though demand for solar energy in Russia is low, the Moscow-based company, Hevel, is producing solar modules with an energy conversion efficiency of 22 percent, which is the world’s highest. In addition to Hevel, only two other companies in the world produce solar equipment with similar efficiency: Panasonic (Japan), and Sun Power (U.S.).

What is Russia's largest solar energy company?

With a capacity of 20 MW, it will power about 4,000 homes and will be launched in September. The Hevel Group (" hevel " means “sun” in the Chuvash language) is Russia’s largest solar energy company, and was founded in 2009 by Renova and Rosnano, which have a 51-percent and 49-percent stake, respectively.

Where is Russia's solar industry located?

Moscow, the capital city, stands at the forefront of Russia’s solar industry’s supply chain dynamics. This city is a strategic hub, connecting manufacturers with a vast network of distributors, retailers, and end-users.

Why should solar companies attend the Russia solar energy fair?

The Russia Solar Energy Fair is another critical event for solar companies looking to expand their footprint in the Russian market. This fair brings together key players from across the solar supply chain, from solar panel manufacturers in China to local distributors and installers.

How is the solar industry evolving in Russia?

The solar industry in Russia is evolving, marked by strategic supply chain centers, leading manufacturers like Hevel Group, essential industry fairs, and a significant partnership with China.