Business news from Ukraine

Business news from Ukraine

JAPANESE COMPANIES INTERESTED IN BUILDING SOLAR PLANTS IN CHORNOBYL NPP AREA

Deloitte Touche Japan and Green Power Development Japan (both based in Japan) are interested in building solar power plants with the capacity of up to 1.2 GW in the Chornobyl exclusion zone. This information was made public at a meeting of Olha Buslavets, the Director General of the Energy Markets Directorate of the Ministry of Energy and Coal Industry, Masatoshi Nishimoto, the Director of Deloitte Touche Japan, the Executive Director of Green Power Development Japan, and representatives of the Japanese government in Kyiv on January 30.
According to the press service of the ministry, during the meeting the parties discussed the economic and technical aspects of construction of solar plants, as well as a draft law on the introduction of “green” auctions.
As reported, the construction of a pilot solar plant with a capacity of 1 MW of the Enerparc AG-Rodina Energy Group consortium was completed in early 2018. In the autumn of 2018, the consortium announced its intention to increase the station’s capacity to 100 MW.

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EBRD, BLACK SEA TRADE AND DEVELOPMENT BANK TO ISSUE EUR 36 MLN FOR BUILDING SOLAR PLANTS IN UKRAINE

The European Bank for Reconstruction and Development (EBRD) and the Black Sea Trade and Development Bank each will provide a EUR 18 million loan for the implementation by Rengy Solar B.V. of a project to build three solar power plants in Mykolaiv region, the EBRD press service has said.
The total installed capacity of the stations will be 47 MW.
Rengy Solar B.V. belongs to the Norwegian developer of the solar energy projects Scatec Solar and Rengy Development (Kyiv).
“Both companies have experience in implementing similar projects with the EBRD, but this new project is the first one for Scatec Solar in the market of alternative energy in Ukraine,” the press service notes.
This project is funded by the EBRD under the USELF-III program for financing alternative energy in Ukraine for a total of EUR 250 million.
As reported, earlier Scatec Solar signed an agreement with Rengy Development about joint implementation of projects on construction of solar plants with a total power of 47 MW in Mykolaiv region.

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