Business news from Ukraine

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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UKRAINIAN DTEK BUILDS LARGEST SOLAR POWER PLANT IN EUROPE

Solar-Farm 1 LLC in the middle of January 2019 launched the largest solar power plant in Ukraine with a capacity of 246 MW in Nikopol district of Dnipropetrovsk region. The National Commission for Energy, Housing and Utilities Services Regulation (NCER) on February 15, 2019 approved the draft resolution on setting the feed-in tariff for Nikopol solar power plant in the amount of EUR 15.03 per MW until 2030.
It is planned that Nikopol solar power plant will generate up to 290 million kWh of electricity a year. This is the largest solar power plant in Ukraine and Europe.
Solar-Farm 1 LLC belongs to DTEK Renewables B.V., operating the assets of DTEK Group in the sphere of renewable energy. As reported, the contractor of the plant is China Machinery Engineering Corporation (CMEC). Trina Solar Limited delivered solar cell arrays for the plant.
In March, the plant will be connected to the power grid. The plant will be able to fully meet the needs of 100,000 households in Ukraine and reduce carbon dioxide emissions by more than 300,000 tonnes per year.
To ensure the connection of the solar power plant in Nikopol (Solar-1 LLC), national energy company Ukrenergo plans to reconstruct the open-type 150 kV switchgear of 330 kV Nikopol substation, with an expected tender price of up to UAH 20.833 million.
In 2017, DTEK launched its first Tryfonivka solar power plant with a capacity of 10 MW in Kherson region. DTEK was established in 2005 to manage the energy assets of Rinat Akhmetov’s System Capital Management Group (SCM, Donetsk). The corporation performs functions of strategic management of the group’s enterprises, which constitute a vertically integrated chain of coal production and washing, production and sale of electricity.

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UKRAINE’S LARGEST GAS PRODUCER WANTS TO BUILD 3 MW SOLAR POWER PLANT

JSC Ukrgazvydobuvannia plans to build a solar power plant with a capacity of 3.078 MW in Andriyivka (Kharkiv region) where the Shebelynka gas refinery is located, according to a report in the ProZorro e-procurement system. The expected cost of the construction project is UAH 82.324 million. The tender documents could be submitted before December 6, 2018.
Ukrgazvydobuvannia, fully owned by Naftogaz Ukrainy, is Ukraine’s largest gas producer, which provides about 75% of the total gas output in the country.
As reported, early 2018, another company of Naftogaz Ukrainy – Ukrtransgaz – launched a solar power plant with a capacity of 0.3 MW.

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