Technical FAQs 4

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

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.

Does Russia have a solar PV market?

According to GlobalData, solar PV accounted for 0.61% of Russia’s total installed power generation capacity and 0.22% of total power generation in 2021. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Russia Solar PV Analysis: Market Outlook to 2035 report. Buy the report here.

Does Russia have sufficient solar energy?

Despite the common misconception, Russia has more than enough insolation to produce solar energy. Moscow-based renewables company Unigreen Energy, which has received a government guarantee for its solar power contributions, confirms this.

What is the growth rate of solar energy in Russia?

An annual growth rate of 12.06% is expected during the period from 2025 to 2029 (CAGR 2025-2029). In Russia, the solar energy sector is gradually gaining traction as the government seeks to diversify its energy portfolio and reduce dependence on fossil fuels.

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