The Cabinet of Ministers of Ukraine on Wednesday, June 10, signed the Memorandum of Understanding (MoU) on resolving problematic issues in the field of renewable energy, the government has reported.
“According to the document, renewable energy producers accept the terms of voluntary restructuring of feed-in tariffs, which provides for their reduction. In particular, for all solar electric power facilities the tariffs will be reduced by 15%, for facilities generating electricity from wind – by 7.5%,” the government said in a statement on its official website on Wednesday evening.
Ukraine is committed to determining and approving annual quotas for supporting green energy and is providing auctions for the distribution of such quotas.
According to the terms of the memorandum, the responsibility of renewable energy producers is toughened.
From August 1 of this year, new solar power plants with a capacity of more than 1 MW can be launched with government support only by participating in auctions.
“We are in favor of building green energy and, over time, such energy will be more widely distributed as the cleanest. But it is important for us how much it will cost. If the price of electricity produced at new solar power plants is determined at an auction, it will not be high tariff,” Prime Minister of Ukraine Denys Shmyhal said.
