Business news from Ukraine

HVIZD-MP INTENDS TO BUILD 9 MW WIND FARM IN UKRAINE

Hvizd-MP LLC (Ivano-Frankivsk region) intends to build a wind power station with a capacity of 9 MW in Nadvirna district of Ivano-Frankivsk region.
Information on the developed project was posted in the single register of environmental impact assessment.
In January 2019 Nadvirna District State Administration approved urban planning conditions and restrictions for the project implementation on a site of 0.09 hectares.
Within the framework of the project, it is planned to install three modern wind electrical turbines with a capacity of 3 MW each. The planned height of the tower is 80-140 meters.
In addition, it is planned to build a 110 kW underground power grid with a length of about 3.5 km. Electricity generated at the wind power station will be transported to the 35 kV Starunia 35/10 distribution substation.

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ENERGOATOM ANNOUNCES TENDER TO BUILD SOLAR PLANT NEAR NUCLEAR POWER PLANT

Energoatom has announced a tender for the supply of equipment and materials for the solar power plant Sonechko-1, which is to be built in the territory of Zaporizhia nuclear power plant (NPP).
According to the ProZorro system, the corresponding auction is scheduled for June 24. The expected cost of work is UAH 270.52 million.
Energoatom proposes to supply 48,900 single-crystal or polycrystalline Risen photovoltaic modules with a capacity of 310–320 W, some 360 network inverters, 13 complete substations of 0.4/6 kV and one substation of 35/6kV, as well as 119,300 meters of copper cable.
Energoatom announced the intention to build a solar plant with a capacity of about 15 MW at Zaporizhia NPP in 2017. Since then, there have been preparatory work: design, geodetic studies. It was assumed that the solar station will be located on 37 hectares, in the territory of hydraulic structures between the cooling pond and the Kaniv water reservoir.

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UTG TOGETHER WITH PARTNER DC EVOLUTION (LONDON) PLAN TO BUILD $100 MLN MULTIFUNCTIONAL COMPLEX IN UKRAINE

UTG consulting company (Kyiv), together with partner developer DC Evolution (London), plans to implement the project of an Alfa Mall multifunctional complex with a total area of 105,000 square meters with five residential buildings and a shopping and entertainment center by late 2022.
“In this project, UTG in partnership with the owners of DC Evolution for the first time will act not just as a broker, but as a co-investor and management company. This is our personal project in Dnipro, we are conducting its full cycle,” UTG Director Yevhenia Loktionova said during Retail & Development Business Expo 2019, held in Kyiv at the end of last week.
She told Interfax-Ukraine investments in the project will be more than $100 million, project participants intend to use their own and credit funds.
The Alfa Mall multifunctional complex is to be built at 25 Zaporizke Shose Street. The total project area will be 105,000 square meters, the rental area is 52,000 square meters. The plan is to be implemented in two stages. The start of construction is scheduled for 2020, completion for the end of 2022.
UTG (Kyiv) was established in 2001. It specializes in comprehensive support of development projects.

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WIND SOLAR ENERGY INTENDS TO BUILD 190 MW WIND FARM IN UKRAINE (ZHYTOMYR REGION)

Wind Solar Energy LLC (Kyiv) intends to build three stages of a Lisova wind power plant with a total capacity of up to 190 MW in Korosten district of Zhytomyr region. This is evidenced by the data of the unified register of environmental impact assessment, the project was published in mid-March.
The capacity of the first stage is up to 111 MW, the second one is up to 57 MW, the third one is up to 21 MW.
It is assumed that the height of the towers of wind turbines will be 155 meters.
According to data posted on the company’s website, Wind Solar Energy (WSE), through its subsidiary Solar Kvant, has owned and operated a solar plant of 5 MW in Pokrovsky district of Dnipropetrovsk region on a 10-hectare site since 2013.
According to the unified register of legal entities, Elvira Tesliuk is the ultimate beneficial owner of Wind Solar Energy (Kyiv). Before that, the Cypriot company WSE CYPRUS LTD was in the ownership structure.

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KNESS SEEKS TO BUILD 500 MW SOLAR POWER PLANTS IN UKRAINE

Kness Group, a large EPC (engineering, procurement and construction) contractor in Ukraine, plans to build around 500 MW of capacities of solar power plants in 2019 for various investors, boosting the volume of projects implemented by the company to 1 GW, Kness Group co-founder Yevhen Didichenko said on Thursday during the discussion devoted to the renewable energy in details organized by Golaw law firm.
Didichenko spoke in favor of adopting a law on green auctions, adding that investors will be interested in bidding and receive guaranteed government support for 20 years. According to him, the cost of building solar power plants in the world is decreasing at a higher than expected rate, so the current tariff for the sale of electricity generated by solar power plants is somewhat overestimated.
At the same time, the Kness Group is concerned about the uncertainty of the mechanism for the distribution of quotas of renewable energy. According to Didichenko, the quotas should be set in proportion to bids from different types of generation. Auctions should be held for the two main types of “green” generation – solar and wind – separately.
“Projects in wind power can be very large. As a result, they may either not have enough quotas, or the project will remain completely unfulfilled,” Didichenko said. In his opinion, the volume of quotas should correlate with the volumes of balancing capacities, but today this issue in Ukraine is not raised yet.

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RENGY DEVELOPMENT PLANS TO BUILD 80 MW SOLAR PLANTS IN UKRAINE

Rengy Development plans to build 80 MW of solar power plants in Ukraine in 2019 and to double the total portfolio of completed projects, to 160 MW.
This was announced by Managing Partner of Rengy Development Narek Harutyunyan during the discussion on the topic “Renewable Energy in Details,” organized by the Golaw law firm.
According to him, objects of 50 MW are already under construction in Mykolaiv region, the construction of another 30 MW will begin soon. He suggested there will be lull in the market of building solar stations Ukraine in July-August in view of the uncertain situation with “green” auctions.
Rengy Development was established in 2009. Since then the company has built 12 solar plants: these are mostly stations of up to 5 MW, and several plants of over 10 MW. In July 2018, Scatec Solar (Norway) signed an agreement with Rengy Development on the joint construction of a solar plant with a capacity of 47 MW in Mykolaiv region for EUR52 million.

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