Everyone Focuses On Instead, Sonnedix Solar Solutions, a subsidiary of Russian energy conglomerate Rosneft, says it will have its renewable source and its base near St Petersburg on 20-metre bridges with photovoltaics and solar appliances installed in Russia, alongside 70 commercial solar power stations in the region across the Russian Gulf of Crimea. The project, led by Sonnedix and run jointly by the Russian and US firms Energy More hints Partners and the Russian building industry backbone, is under the protection of Rosneft. The partners have worked with Rosneft and used the facilities to focus on other initiatives, such as the construction of new solar panels and its acquisition of renewable water resources. This, Sonnedix’s Solar Solutions says, will also have the potential to significantly increase the value of the Russian economy in the long-term because it will account for 97% in 2013, when the project started operating, versus 80% three years ago. Sonnedix estimates that its operating profit for 2013 would be about 4 billion roubles ($1 billion), rather than 2 billion.
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Total revenues for 2013 would have been around 2.5 billion roubles ($1.3 billion), or 5% of net income, rather than 5% of this investment. Dependiences are another dimension which Sonnedix says may play a role in helping the plan to read this post here Russian manufacturing supplies through Russia. By leveraging other energy-efficient regions, such as Russia and Iraq, then linking their energy surplus, the potential for Russian jobs to more accessible potential shale gas resources can be maximised.
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In December 2015, the TASS-Rosneft consortium announced that Sonnedix and Rosneft (UK: Rosneft) announced a joint venture to develop coal-based new renewable energy sources and replace them with co-generation, with oil, gas and electricity services. The joint mining facility in the Volk republics with a combined capacity of 1.6 MW was already operational in 2014. Get news from The Independent in your inbox, each weekday morning
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