Ministry of energy of the Russian Federation' plans construction of the Fourth stage of the Solar Power Plant in the village Staromaryevska, Grachevsky district of Stavropol region, Russian Federation. Fourth stage of the solar power plant is located on an area of 30 hectares with a total capacity 10 MW. After the facility reaches its full capacity, the regional budget will receive up to $780 thousands in taxes annually. As part of the construction, it is planned to install more than 33 334 photovoltaic modules that convert sunlight into electricity, which will issue more than 13 400 MWh / year of "green energy". The construction of the plant will consist of four stages. After completion of construction, the total capacity will be 100 MW. The generated electricity is planned to be transmitted in the networks of Stavropolenergo. The technological connection agreement has already been concluded. Solar Systems will build and operate the solar power plant. Solar Systems, LLC was founded by Chinese AMUR SIRIUS POWER EQUIPMENT CO., LTD to develop solar power in Russia. This is an example of successful cooperation between China and Russia in the field of electric power. The governments of both countries are conscious of economic importance of introduction and usage of renewable energy sources (RES), and now for both the Russian Federation and the People's Republic of China it is a priority area for development of power sector.