Igor Akhmerov, president of Avelar Energy Group – a joint venture (JV) of Renova and Rusnavo, Russia's state-owned fund for innovation – also revealed plans to spur local production of PV equipment.

The growth will be underpinned by the Russian government's planned run of renewables tenders, claimed Akhmerov.

115MW will be awarded in 2015 and 149MW in 2016, reaching by 2020 the 1.5GW