The State Agency on Energy Efficiency and Energy Saving of Ukraine and the Ministry of Energy and Industry of the United Arab Emirates (UAE) have signed a memorandum of understanding on energy efficiency and renewable energy. “By cooperating, we will exchange experience and promote the implementation of joint investment projects in the field of energy efficiency, clean energy and garbage processing,” the press service of the Ukrainian agency on Saturday quoted its head, Serhiy Savchuk, as saying.
The State Agency on Energy Efficiency and Energy Saving of Ukraine says that the UAE is one of the most developed countries of the Persian Gulf, which has set the task to achieve at least 44% of “clean” energy in the country’s overall energy balance by 2050.
In addition, the International Renewable Energy Agency (IRENA) whose charter Ukraine has joined is located in Abu Dhabi, the capital of the UAE. What is more, the world’s largest solar park is being built near Dubai. Its projected capacity by 2020 is 1 GW, and 5 GW by 2050.
ENERGY EFFICIENCY, INVESTMENT PROJECTS, UNITED ARAB EMIRATES
The total cost of investment projects in the Ukrainian agricultural sector as of early 2018 was estimated at almost UAH 41.3 billion, according to a posting on the website of the Agricultural Policy and Food Ministry of Ukraine. The ministry said that, a total of 474 investment projects are being implemented in agriculture, including 23.6% in the grain and industrial crops processing and storage segment, 12.4% in the pig breeding segment and 12.2% in the vegetable and fruit storage segment.
The main source of financing of capital investment are own funds of producers (74.3%). The cost of investment projects varies from UAH 100,000 to UAH 9.6 billion.
The largest number of investment projects is being implemented in Poltava (69), Lviv (64), Vinnytsia (48), Chernivtsi (43) and Cherkasy (41) regions.
The ministry anticipates that the implementation of these projects would create some 16,000 new jobs.
As of January 1, 2017, a total of 380 investment projects were implemented in Ukraine in agriculture. Their aggregate cost was UAH 27.9 billion.
