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Russia’s renewable energy subsidy program

Russia Approves Subsidy Program to Boost Renewable-Energy Output http://www.bloomberg.com/news/2013-05-24/russia-approves-subsidy-program-to-boost-renewable-energy-output.html By Marc Roca – May 23, 2013 Russia approved an incentive program to boost renewable-energy production, targeting almost 6 gigawatts of new capacity by 2020 and its first solar parks.

The government yesterday signed a decree that includes measures to support wind, photovoltaic and small hydropower projects across the country, Dmitry Babanskiy, a spokesman for the Energy Ministry, said today by e-mail.

The measures will increase the proportion of renewable energy to 2.5 percent of power generation by 2020 from 0.8 percent now, he said.

May 25, 2013 - Posted by | renewable, Russia

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