KYIV. Aug 17 (Interfax-Ukraine) – UDP Group plans to build power plants on renewable sources with a capacity of up to 300 MW in the next five years, UTP Renewables Managing Partner Serhiy Yevtushenko has said in an interview with Interfax-Ukraine.
“We intend to build up to 300 MW in the next five years… We start with the project [the construction of a solar power station] in Kyiv region. We have already completed the construction of a 6 MW plant in Brovary district, formalized the documents,” he said.
The expert said in the next two years UDP Renewables will focus on photovoltaics, and in future will also consider the construction of wind farms and stations on biomass.
According to Yevtushenko, his company already has a developed portfolio of 120 MW projects.
He noted investment in the construction of 1 MW of installed capacity of a solar power plant by the company is estimated at EUR1 million.
