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The trio has signed a cooperation agreement, aiming to install solar photovoltaic (PV) and energy storage capacity that will lower the region's dependence on diesel power generation. A pilot region for the project will be Yakutia, officially known as the Sakha Republic .
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Below, Table 1 provides an overview of both traditional and specialized financing mechanisms. Adapted from the Better Buildings Financial Navigator, the following summary describes key benefits of each financing mechanism and the parties typically involved.
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Leverage Project Finance and PPAs: Secure non-recourse debt and long-term revenue contracts like Power Purchase Agreements (PPAs) to attract investors and lenders for large-scale energy storage projects.
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