Avelar Energy has announced that it will install 120MW of solar power capacity in central and southern Russia at a cost of US$400 million.
A subsidiary of LG will carry out all design and construction for the 12 projects.
The developments, each with a 10MW capacity, will be rolled out between 2014 and 2016, according to the Interfax news agency.
Thin-film module manufacturer Hevel Solar, a joint venture between state owned companies Renova and nanotechnology firm Rusnano, will supply LG with panels for all the projects.
The Renova industrial group is the largest shareholder in Avelar Energy.
Six of the plants will be developed in Orenburg near the Kazakh border. The Altai Republic in central sourthern Russia will host two while four more will be based in the Republic of Bashkortostan, close to the Ural Mountains.
Hevel and Avelar agreed to build a total of 600MW of solar capacity in Russia by 2020.
Earlier this year the government established a renewable energy subsidy scheme to help it meet its objective of drawing 2.5% of its electricity from clean sources by 2020.