Business news from Ukraine

Norway’s Scatec starts commercial operation of third solar power plant in Ukraine

5 January , 2021  

Norway’s Scatec and its partner FMO, the Dutch entrepreneurial development bank, have grid connected the 32 MW Kamianka project in Cherkasy region, the company said in a press release posted on GlobeNewswire.

According to the report, the plant will start commercial operations from January 1, 2021.

“We are pleased to complete our third project in Ukraine. The Kamianka solar power plant will lead to the abatement of more than 15,000 tonnes of CO² emissions, and will contribute to growing the share of renewable energy in the country,” CEO of Scatec Raymond Carlsen said.

The Kamianka solar plant is expected to deliver about 37 GWh per year and will be providing clean energy to more than 11,000 households.

Scatec now has almost 1.6 GW in operation globally. In addition, a portfolio of 320 MW is under construction, of which 203 MW in Ukraine.

Scatec is headquartered in Oslo and listed on the Oslo Stock Exchange (ticker SSO).