30.12.2019
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Solar panels commissioned at Nizhne-Bureyskaya HPP

December 30, 2019 Moscow, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces commissioning of solar panels at Nizhne-Bureyskaya HPP in Amur region.

Solar panels with combined capacity of 1,275 kW have been commission at the Bureyskaya HPP. The PV modules, manufactured by Hevel Group will produce 1.4 mn kWh of electricity per year. The solar plant will reduce cost of electricity for the HPP’s own needs thus unlocking additional output by the hydropower plant. The PV modules manufactured by Hevel with overall area of 6,700 square meters are be installed on the site of the HPP.

Nikolay Shulginov, RusHydro’s Chairman of the Management Board - General Director: “With the commissioning of the PV modules we have created unique hybrid renewable energy facility. Together with our colleagues at Hevel in less than a year period, we have installed the PV panels on the territory of a hydropower plant. This was done for the first time in history of Russian utilities industry”.

Igor Shakhrai, General Director of Hevel Group: “Hybrid generation with existing grid infrastructure allows to increase energy efficiency, at minimal cost. I’m confident, that such projects have good prospects in future”.

The Amur region with 240 sunny days in a year is ideal for development of PV generation.  The PV modules are located on the site of the HPP in a way, allowing to maximize capturing of the solar energy.

The plant is using heterojunction solar modules manufactured in Russia with unit capacity of 370 W. The new generation PV panels have an efficiency rating of over 23%, or 20% more efficient than traditional polysilicon panels and are equally operational under both, low and high outdoor temperatures.

Similar hybrid generation projects are being actively implemented in many countries.  Advantages of these projects include leverage of existing grid and transportation infrastructure, availability of qualified specialists and lack of need in new areas for installation of solar plants.
Nizhne-Bureyskaya HPP in the Amur region is the second plant of the Bureysky hydropower complex and acts as counter-regulator for Bureyskaya HPP. The plant’s installed capacity and long-run average annual generation is 320MW and 1,670 mn kWh, respectively. The plant was commissioned in September 2019.

The information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of RusHydro. You can identify forward looking statements by terms such as the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially from these statements. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with operating in Russia, rapid technological and market change in our industries, as well as many other risks specifically related to RusHydro and its operations.
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