Solar Systems started cooperation with Sberbank of Russia within the project of construction of Samara SPP â„– 2/PRESS-RELEASE

08.06.2018

07 June 2018 the company Solar Systems has received the first tranche in the framework of implementation of the terms of the loan agreement signed on May 15, 2018, the CEO of Solar Systems Mikhail Molchanov and Governor of the Astrakhan office No. 8625 of Sberbank of Russia Vitaly Bodrov. The purpose of the loan is to finance the purchase of equipment, construction and other works related to the implementation of the project of construction of the first stage of the Samara Solar Power Plant No. 2 with an installed capacity of 25 MW.

Solar Systems, LLC was established in March 2014 for the purpose of construction and operation of solar power plants on the territory of Russia. The company is currently implementing projects in Samara and Astrakhan Regions. Solar power plants in Volgograd Region, Stavropol Krai and the Republic of Kalmykia and Bashkortostan are planned to be constructed in the next three years. Due to commissioning of 15 solar parks, total installed capacity of power systems of these regions will increase by 335 MW. Cumulative investments will surpass 44 billion rubles.