Russian company RAO ES East will construct 178 renewable energy facilities with a total capacity of 146 MW within the coming five to seven years at the country’s Far East and close to the Artic Circle, according to a statement of the company’s management. Implementation of the program will require about RUB 20 billion ($350 million), but the investments will shortly pay itself as the project will save up to RUB 2.06 billion ($30 million) per year on the supplies of fuel to the remote cities and villages in the country. The target plan is to bring the level of alternative sources in the total structure of energy supply of the Far East to 40 percent. Projects Will Speed Up Russian state-owned company RAO ES East is responsible for the power supply of the Far East regions with low population density and weak network connections. It manages the power systems of hundreds of villages surrounded by tundra and taiga only, most of which are isolated from the general power ...