Business news from Ukraine

Business news from Ukraine

UDP SEEKS TO START BUILDING TWO SOLAR POWER PLANTS IN KHERSON, ODESA REGIONS IN Q4 2017

28 September , 2017  

KYIV. Sept 28 (Interfax-Ukraine) – The UDP Group seeks to start building two solar power plants in Kherson and Odesa regions in Q4 2017, the company’s press service has reported.
The press service said that the capacity of the plant in Kherson region will be 17.5 MW and in Odesa region – 10 MW.
In addition, UDP plans to boost the capacity of its power plant in Dymerka, Kyiv region, from current 6 MW to 50 MW in 2018.
In coming five years UDP seeks to invest $300 million in renewable energy.
As reported, a majority shareholder in the UDP Group is Ukrainian businessman Vasyl Khmelnytsky.