Rosatom Goes Green: New Areas of Russia’s Foreign Cooperation
Rosatom, the Russian nuclear champion, is planning to gradually enter new markets like renewable energy, electric vehicles, and energy storage. The company has significant advantages and know-how to build its experience in these areas and its strategy is also coherent with the Kremlin’s plan to develop renewables in Russia. The successful implementation of these plans will allow Rosatom in the long run to strengthen cooperation with developed countries that abandon nuclear energy and invest in green technologies and electric vehicles. It will also help Russia to extend its political influence.
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