Solar Energy in Russia: Developments and Ongoing Obstacles
Russia’s solar energy sector took a notable step forward in 2023, installing 1.1 GW of new capacity and generating 3.9 TWh of power. However, its growth trajectory still faces significant hurdles.
Regulatory challenges, elevated costs, and limited government support—especially for private solar installations—continue to slow progress. Current incentives tend to favor large-scale industrial projects, which account for 90% of the country’s solar capacity.
Despite these obstacles, the sector continues to expand, driven largely by industrial demand and a growing interest from households and businesses alike. The Russia Solar Panel Manufacturing Report offers comprehensive insights into the market dynamics and key projects shaping the country’s solar future.
The government’s strategy relies on policies like the capacity-based payment system for renewable energy projects—a cornerstone that supported a 2020 projection of 1,500 MW from the Russian Solar Energy Association. For a thorough archive of industry news and developments detailing the historical and current landscape of solar energy in Russia, see the Russia Solar News Archives.
As global demand for renewable energy intensifies, Russia’s solar sector is poised to play a more significant role. Realizing this potential, however, will depend on overcoming current regulatory and financial barriers and fostering a balanced approach that supports both industrial and residential needs.
