Ukraine has installed a 1MW solar power plant in the contaminated area adjacent to the decommissioned nuclear power station in Chernobyl, as Ukrainian investment into renewable energy takes off.
The photovoltaic facility is comprised of 3,800 panels and is expected to produce enough energy to meet the power demand of 2,000 local apartments. It benefits from feed-in-tariffs (FiTs) that guarantee a certain price for power, Reuters reported.
The $1.1mn solar plant is the result of a partnership between Ukrainian company Rodina and Germany’s Enerparc AG.
Ukraine has been steadily investing in renewable sources. During the first nine months of 2018, the country added over 500MW of renewable power capacity to its energy mix, more than twice as much as in 2017. Amongst the projects announced this year are:
- Ukrainian businessman Vasyl Khmelnytsky completed a 18MW solar power plant in the Kherson region, the businessman said on his Facebook page, as reported by Interfax. The plant is owned by UDP Renewables, part of Khmelnytsky’s UFuture Group holding company.
- Windkraft Ukraine, a company based in the country's Kherson region, is going to expand the installed capacity of its wind farms in this region to 170 MW by the end of the year, the company's director Carl Sturen said on September 20. The company is also mulling the next project to boost capacity by another 150-170 MW, Sturen told Interfax news agency, adding that the company used its own funds and bank loans in 2018.
- Ukraine Power Resources and Yuzhne Energy plan to build wind power plants with an installed capacity of 120 MW and 72 MW, respectively, in the Lymansky district of the Odesa region, according to a statement from the Ukrainian Wind Energy Association (UWEA).
- Norway's Scatec Solar is going to begin the construction of a €85mn solar power with a total capacity of 83 MW in the Cherkasy region this year, according to the company's June 12 statement.
Ukraine has agreed a 14-month Stand-By Arrangement (SBA) with access to Special Drawing Rights of SDR2.8bn (equivalent to $3.9bn) from its main donor, the International Monetary Fund (IMF).
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