Russia to build its first solar power station Rusnano CEO Anatoly Chubais 18:06 02/11/2010 © RIA Novosti. Grigoriy Sysoev Related News * Czech firm CEZ launches construction of 30 MW solar power plant * China to build world's largest solar power plant * World's largest solar power plant launched in Spain
Russia's high-tech companies Rusnano and Renova have announced plans to build the country's first industrial solar power station near the Black Sea.
The 12.3 megawatt station will be built in the spa resort of Kislovodsk by the companies' joint venture Khevel.
"This is a breakthrough into a different dimension," Rusnano CEO Anatoly Chubais told an innovation forum in Moscow.
Russia's plant will be small compared to the Czech 30 megawatter and the two gigawatt solar pv, 64 sq,km plant China is building, much larger than Spain's 60 mw, now the world's largest.
The $97 million deal was sealed by Khevel CEO Yevgeny Zagorodny and Stavropol region Governor Valery Gayevsky.
Swiss-made thin-film solar panels will be used in the construction. The station may start operating as soon as 2012, Zagorodny said.