Amur Sirius of China makes 220-MW solar bid in Russian tender - report
Jun 5, 2014 - Chinese company Amur Sirius, through a unit called Solar Systems, is bidding to install 220 MW of solar parks under Russia’s second renewable energy tender, Kommersant said yesterday, citing an industry source.
A representative for the bidder in Russia has confirmed to the business daily that Solar Systems is generally interested in the country’s renewable energy market.
The second stage of the tenders commenced on Wednesday and will run until June 10. The participants need to make the lowest bid in terms of capital costs for their projects in order to secure capacity deals with the government.
Kommersant pointed out that a unit of Avelar Energy Group, owned by Viktor Vekselberg’s Renova Group, is bidding for 190 MW of solar capacity -- the second largest bid in the tender. At the same time, Energiya Solntsa Group aims to get contracts for 160 MW.
During the first-stage tender, investors submitted 785 MW of proposals for solar systems versus a quota of just 496 MW, according to the report.