Hungary's Optimum Solar to set up solar panel production in Bashkortostan for 2.4 bln rubles

UFA. Nov 23 - Hungary's Optimum Solar plans to carry out two alternative energy projects in Bashkortostan at a cost of 2.4 billion rubles, the press service of the Russian internal republic's leader said.

The company plans to build innovative plants to manufacture solar panels and support structures for them in the Alga special economic zone in the Ishimbaisky district. Construction is scheduled to start in 2021. The project is expected to create more than 100 new jobs.

The project is expected to receive government support in the form of preferences for residents of the special economic zone, including tax breaks and connections to the necessary utilities.

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