Business news from Ukraine

Business news from Ukraine

BELGIUM COMPANY FINISHES CONSTRUCTION OF FIRST PHASE OF 6 MW SOLAR POWER PLANT IN UKRAINE

Belgium’s Upgrade Energy is finishing construction of a first phase of a solar power plant with a capacity of 5.9 MW in Korosten district of Zhytomyr region, installing 18,000 PV modules, the press service of the Zhytomyr Regional Administration has reported, referring to acting Director of the agricultural and industrial development and economic policy of the regional administration Viktor Hradivsky.
The total capacity of Irshansk solar power plant will be 25-30 MW.
In 2018, the Zhytomyr Regional Administration signed 14 memorandums with investors in solar power plants. In particular, Altostrata Energy Limited (Ireland) proposed a 65 MW solar power plant project in Luhyny district. In April, Altostrata Energy signed an agreement on connecting the plant to the power grid, and at the end of the month the company intends to start construction.
In the summer of 2019, a 10 MW plant is also expected to be launched in the village of Chopovychi, Malyn district, by the GESS group of companies (the United States).
In March, public hearings were held on the establishment of a feed-in tariff for a 20 MW solar power plant on the territory of the Khoroshiv merged territorial community, which Global Ecopower SA (France) intends to build.
As reported, Modus Energy International B.V. LLC (Lithuania) plans to build a 35 MW solar power plant on the territory of Lubar merged community. In February 2019, the company received a declaration for construction, as well as technical conditions for connection from national energy company Ukrenergo.
Eney International LLC is preparing land utilization documentation for the construction of a 55 MW solar power plant in the Brusyliv district.
A subsidiary of Naftogaz-Energoservice is developing a construction project for a 30 MW solar power plant on the territory of the Dubysche village council of Chudniv district.
Currently, one industrial 15 MW Hanska solar power plant (the investor is Better Energy Energo, Denmark) is operating in Zhytomyr region, which was launched at the end of last year.

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UKRAINE READY FOR CONSTRUCTION OF 763 KW SOLAR POWER PLANT IN CHORNOBYL NPP ZONE

Construction of one more solar power plant with a capacity of 762 kW on the territory of the Chornobyl exclusion zone will be started in July 2019 and completed in December, the Ecology and Natural Resources Ministry has told Interfax-Ukraine. The project is financed by the Government of Spain. According to Svitlana Hrynchuk, Director of the Department for Climate Change and the Ozone Globe of the Ecology and Natural Resources Ministry, the solar power plant in Chornobyl is being built under a program of targeted environmental (“green”) investments that Ukraine received from Spain, transferring its emission quotas for greenhouse gases.
According to the ministry, at the end of 2018, a joint Ukrainian-Spanish committee, which controls the efficiency and feasibility of using the Kyoto funds provided by the Spanish government, approved the respective project to reconstruct the asphalt concrete pavement on the territory of the Chornobyl sports stadium by installing the solar power plant. The project was developed by state-owned enterprise Center for Organizational, Technical and Information Support of the Exclusion Zone Management.
The ministry also said that at the end of March, the Ukrainian-Spanish delegation, which included Ambassador of Spain to Ukraine Silvia Josefina Cortes Martin, as well as representatives of Ukrainian ministries and departments, inspected the territory where the plant will be installed.
Cooperation with the Spanish government was resumed in 2016 after an almost 10-year break, the ministry recalled. About 10 years ago, the Ministry of Agriculture, Fisheries and Food of Spain bought the so-called Assigned Amount Units from Ukraine for EUR 30 million.
Currently, a solar power plant with a capacity of 1 MW is operating in the Chornobyl zone. The plant was built by Ukrainian-German consortium Rodina-Enerparc AG in 2018. The consortium plans to expand the plant’s capacity to 100 MW.

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VASYL KHMELNYTSKY’S UDP RENEWABLES LAUNCHES THIRD SOLAR POWER PLANT IN UKRAINE (ZAPORIZHIA REGION)

UDP Renewables of businessman Vasyl Khmelnytsky on March 1, 2019 launched its third solar power plant Scythia Solar 1 in Zaporizhia region with a power capacity of 13 MW. The company’s press service reported that investment in the project reached $10.1 million. The plant consists of 38,232 solar panels produced by JinkoSolar. It will allow generating nearly 16.2 GWh per year. The plant is located on an area of 20 ha.
EPC contractor is a Ukrainian group of companies KNESS. Financial partner of the project is Ukrgasbank (Kyiv). According to a posting on the website of UDP Renewables, it plans to boost the capacity of solar power plants from 24 MW to 175 MW this year.
As reported, in November 2018, UDP Renewables launched the 18.3 MW Free-Energy-Henichesk solar power plant in Kherson region. Investment totaled $18 million.
UDP Renewables currently also operates Dymerska Photovoltaic Power Plant 1 (Kyiv region) with a capacity of 6 MW.
UFuture Investment Group, headquartered in Brussels, was established in autumn 2017 and united the business projects of Khmelnytsky. The group includes the Ukrainian development company UDP, which core business is the implementation of large infrastructure projects.

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KYIVOBLENERGO ANNOUNCES TENDERS TO BUILD 5 MW SOLAR POWER PLANT NEAR KYIV

PJSC Kyivoblenergo has announced a tender to build the Boryspil solar power plant with a power capacity of 5 MW at 36A, Zaporizhska Street in Boryspil, Kyiv region.
According to the ProZorro e-procurement system, the expected cost of works is UAH 7.305 million. Bids can be submitted before March 1. The auction is to take place on March 4.
At the end of 2017, the executive committee of the Boryspil City Council provided Promin-Energo LLC with town-planning conditions and construction restrictions on a land plot at 36A, Zaporizhska Street in Borispol for the construction of a 5 MW solar power plant. At the end of 2018, Promin-Energo LLC obtained a license to generate electricity for the first stage of the solar power plant at the specified address with a capacity of 996.36 kW from the National Commission for Energy, Housing and Utilities Services Regulation (NCER).
According to the public register of owners of legal entities, as of February 2019, Promin-Energo LLC with a statutory fund of UAH 60 million belonged to four individuals – Eduard Nikitiuk, Yulia Merezhko, Ihor Protsenko and Asatur Baghdasaryan.

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TURKISH COMPANY STARTS BUILDING SOLAR POWER PLANT IN UKRAINE

Turkey’s Emsolt Investments Holdings Ltd. has started building a solar power plant with a power capacity of 11 MW in Khmelnytsky region and plans to expand the project. The information was presented at a meeting of Chairman of the State Agency for Energy Efficiency and Energy Saving Serhiy Savchuk with representatives of the company last week, the press service of the agency has reported. The sides discussed the prospects of investing in solar power plants and biogas units at the meeting.
Emsolt in 2017 proposed projects to build solar power plants in Ukraine with a total capacity of 100 MW. At present, the company is building plants in Zhytomyr and Khmelnytsky regions with a total capacity of near 20 MW.

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NORWAY’S SCATEC SOLAR TO START BUILDING 50MW SOLAR POWER PLANT IN UKRAINE IN MARCH

Atlas Capital Energy LLC, belonged to Norway’s Scatec Solar, in March 2019 will start building a solar power plant with a capacity of 50 MW in Hola Prystan district of Kherson region. This information was presented at a meeting of Head of Kherson Regional Administration Andriy Hordeyev with top managers of Atlas Capital Energy LLC on Wednesday, the press service of the administration reported. Currently, according to the regional administration, five wind farms and 31 solar power plants with a capacity of 294 MW are located in Kherson region. The volume of attracted investments in these facilities is UAH 1 billion.
As reported, in January 2019, Scatec Solar said that its investment in the construction of a solar power plant with a capacity of 150 MW in Mykolaiv region will amount to EUR180 million. In July 2018, the company signed an agreement with Rengy Development (Kyiv) on the joint construction of a solar power plant in Mykolaiv region with a capacity of 47 MW for EUR 52 million.
At the beginning of 2019, Scatec Solar also commenced construction of a Kamianka solar power plant in Cherkasy region with a capacity of 30 MW. The cost of the project, which is scheduled for completion in the fourth quarter of this year, is EUR 35 million.
The European Bank for Reconstruction and Development (EBRD) finances these projects – traditionally it provided for financing of 70% of the project cost.

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