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Fortum Eyes $300M Plant

Fortum, Finland's largest utility, might build a $300 million solar power station in Russia, Kommersant reported, citing Yevgeny Zagorodny, deputy head of the Russian Association of Solar Energy.

The company's local subsidiary, which has the same name, plans a 100-megawatt solar station in the Chelyabinsk region, the newspaper said.

Billionaire Viktor Vekselberg's Hevel Solar may supply solar modules for the project, which will be the nation's largest, Kommersant said.

(Bloomberg)

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