On October 30, the Ukrainian company WindFarm and the Chinese company PowerChina signed a contract on the joint implementation of a project for the construction of an 800 MW wind farm with a capacity of over $1 billion in Manhush and Nikolske districts of Donetsk region, Board Chairman of the Ukrainian Wind Energy Association (UWEA) Andriy Konechenkov has said.
“The specifics of this project is that it does not provide for a feed-in tariff. This is the first robin in the electricity market, the first project that will compete with conventional generation in real conditions,” he told Interfax-Ukraine.
At the same time, according to him, the project provides for local content policy or local components, which gives rise to the development of national wind energy production.
“How the payment for this local component will be carried out remains to be decided,” Konechenkov said.
He also said that the Chinese company is participating in this project “as an investor in a large, transparent project that does not depend on the ffeed-in tariff,” which, according to him, has already exhausted itself given the crisis of non-payments.
“It is necessary to start working on new technologies. Moreover, the issue is related to the reintegration of the regions, the launch of new environment-friendly production,” the board chairman of the UWEA said, noting that investors are currently not considering the possibility of participating in “green auctions” due to weak predictability of conditions and timing of their implementation.
At the same time, he expressed the hope that the experience and capabilities of the Chinese investor will contribute to the implementation of the project as soon as possible, noting that PowerChina is ready to work on the basis of the support of a domestic manufacturer and financing of European wind turbines.
Konechenkov said that this project, which has been in preparation for about a year, will become the largest onshore wind farm in Europe.
According to the data on the UWEA website, PowerChina, which specializes in the design and construction of energy and transport facilities, is in the top 100 largest companies in the country and in the top 500 largest companies in the world. In particular, it owns the Three Gorges, the world’s largest hydroelectric dam with a capacity of 22.5 GW.
The WindFarm team has developed a portfolio of wind power plants with a total capacity of 1.3 GW, of which more than 400 MW have already been put into operation.
Both companies are members of the UWEA.
Ukraine exported 15.97 million tonnes of grains and legumes since the beginning of the new 2020/2021 marketing year (July-June) and as of October 30, which is 2.67 million tonnes less than on the same date of the last MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 10.33 million tonnes of wheat (less by 850,000 tonnes), 3.37 million tonnes of barley and 2.22 million tonnes of maize (less by 1.73 million tonnes) have been exported.
As of October 30 of this year, 61,800 tonnes of flour were exported as well.
As reported, Ukraine exported record 57.2 million tonnes of grains, legumes and flour in the 2019/2020 marketing year, which is 13.5% more than in the previous marketing year.
The trading corporation Posco International together with Nonghyup Feed, the largest importer of feed grain in Korea, supplied 68,000 tonnes of feed wheat from Ukraine to South Korea.
According to a report on Posco International’s website, out of 68,000 tonnes, 41,000 tonnes were sent through the Ukrainian grain terminal Posco.
“This food import is important because this is the first case of a stable supply of high quality feed grain to South Korea, secured by investments from a domestic company,” the company’s release stated.
Posco International expects that with the first delivery of feed wheat, the company will build a stable national grain procurement system using its own export terminal, expanding imports of wheat and maize.
The company indicated that in September 2019, Posco International completed the construction of an export grain terminal capable of shipping 2.5 million tonnes of grain per year at Mykolaiv Maritime Merchant Port.
It is noted that Posco International’s agricultural business is expanding with the delivery of major grains such as wheat, maize, soybeans and barley, but it all started with rice. The trade volume increased from 840,000 tonnes in 2015 to about 7.5 million tonnes in 2020.
Since October, the Cabinet of Ministers of Ukraine has lifted restrictions on the salaries of managers, members of executive bodies and remuneration to members of supervisory boards of state-owned companies, according to a government resolution dated October 26, posted on the government’s website.
“To establish that in October 2020 and in the future, the salary of managers, members of executive bodies and remuneration of members of supervisory boards of economic entities in the public sector of the economy are determined in accordance with the terms of contracts …” the government said in the document.
Thus, the Cabinet of Ministers used Paragraph 4 of Section 2 of the Final Provisions of the law dated September 17, 2020, with amendments to the national budget for 2020.
Ukraine exported 15 million tonnes of grains and legumes since the beginning of the new 2020/2021 marketing year (July-June) and as of October 26, which is 2.94 million tonnes less than on the same date of the last MY.
According to the information and analytical portal of the agro-industrial complex of Ukraine, to date, 10.11 million tonnes of wheat (less by 810,000 tonnes), 3.3 million tonnes of barley and 1.54 million tonnes of maize (less by 2.05 million tonnes) have been exported.
As of October 26 of this year, 60,000 tonnes of flour were exported as well.
As reported, Ukraine exported record 57.2 million tonnes of grains, legumes and flour in the 2019/2020 marketing year, which is 13.5% more than in the previous marketing year.
The Cabinet of Ministers has raised the requirements for operators of privatization auctions, in particular, an operator must have at least six employees, a charter capital of at least UAH 1 million and its own call center for selection.
According to the draft regulation, the auction operator must also have an excellent business reputation with regard to the law on prevention and counteraction of legalization (laundering) of proceeds.
In addition, the requirement presupposes having at least a year of experience in the market for the sale of property in the form of auctions and cryptographic protection for a secure connection between the server and bidders.
As indicated in the draft regulation, the charge rate for participation in the privatization auction for an object worth more than UAH 64 million is set at 1% (previously it was set for objects worth over UAH 250 million), from UAH 4 million to UAH 64 million it is 2.5% (previously the charge rate of 2.4% was set for objects from UAH 1 million to UAH 4 million), and up to UAH 4 million it is 4% (previously the maximum charge was 3% for objects up to UAH 1 million).
