Volytsia-Agro LLC intends to invest $12 million in the launch of a logistic complex for grain storage and processing in Bila Tserkva industrial park (both based in Kyiv region) owned by the founder of UFuture Investment Group, entrepreneur Vasyl Khmelnytsky, according to the official Facebook page of the businessman.
“Our company acquired a land plot of 4 hectares, on which we plan to build a modern elevator. We intend to use $12 million and create 100 jobs. Agricultural products collected at the company’s enterprises will be stored at the elevator and then sent for exports,” director of Volytsia-Agro Volodymyr Pokrovsky said in an interview with the local TV Channel Krokus.
The company plans to launch the first phase of the complex in 2020. It will include an elevator with a total capacity of 40,000 tonnes of grain with a daily accepting capacity of 3,000 tonnes. The elevator will be equipped with a laboratory, grain dryers, silos for wet and dry grain. The complex will be able to receive and ship grain both by road and rail.
Khmelnytsky also said that in a month Plank Electrotechnic plant will be launched in the industrial park, the construction of which was started last year.
“A year ago we laid the first brick here. Now the plant is completed, in a month we’ll start production. The first test production of Plank plant is already on the shelves of the local Epicenter supermarket,” the founder of UFuture Investment Group said.
As reported, Plank Electrotechnic plant, which will produce electrical accessories and other electrical products, plans to produce 4.6 million units of products per year. At the first stage, it was planned to create 50 jobs, with the development of the cluster to 300.
DTEK Renewables (DTEK RES) starts preparation for the construction of Pokrovska solar power plant with a capacity of 240 MW in Dnipropetrovsk region.
The press service of DTEK Group told Interfax-Ukraine a contract has already been signed with Siemens, which has been elected general contractor for the construction of a 35/150 kV substation with the supply of all key equipment.
“We are launching another important project in the renewable energy industry of Ukraine. The construction of such large infrastructure projects as Pokrovska solar plant is a significant contribution to the implementation of the Energy Strategy of Ukraine. Only through the work of this solar plant, we plan to produce about 400 million kWh of “green” electricity that will allow reducing carbon dioxide emissions by 400,000 tonnes. Investments in the project will amount to about EUR200 million,” DTEK Renewables CEO Philipp Leckebusch said.
Turkey’s Emsolt Investments Holdings Ltd. has started building a solar power plant with a power capacity of 11 MW in Khmelnytsky region and plans to expand the project. The information was presented at a meeting of Chairman of the State Agency for Energy Efficiency and Energy Saving Serhiy Savchuk with representatives of the company last week, the press service of the agency has reported. The sides discussed the prospects of investing in solar power plants and biogas units at the meeting.
Emsolt in 2017 proposed projects to build solar power plants in Ukraine with a total capacity of 100 MW. At present, the company is building plants in Zhytomyr and Khmelnytsky regions with a total capacity of near 20 MW.
Atlas Capital Energy LLC, belonged to Norway’s Scatec Solar, in March 2019 will start building a solar power plant with a capacity of 50 MW in Hola Prystan district of Kherson region. This information was presented at a meeting of Head of Kherson Regional Administration Andriy Hordeyev with top managers of Atlas Capital Energy LLC on Wednesday, the press service of the administration reported. Currently, according to the regional administration, five wind farms and 31 solar power plants with a capacity of 294 MW are located in Kherson region. The volume of attracted investments in these facilities is UAH 1 billion.
As reported, in January 2019, Scatec Solar said that its investment in the construction of a solar power plant with a capacity of 150 MW in Mykolaiv region will amount to EUR180 million. In July 2018, the company signed an agreement with Rengy Development (Kyiv) on the joint construction of a solar power plant in Mykolaiv region with a capacity of 47 MW for EUR 52 million.
At the beginning of 2019, Scatec Solar also commenced construction of a Kamianka solar power plant in Cherkasy region with a capacity of 30 MW. The cost of the project, which is scheduled for completion in the fourth quarter of this year, is EUR 35 million.
The European Bank for Reconstruction and Development (EBRD) finances these projects – traditionally it provided for financing of 70% of the project cost.
The Ministry of Economy and Finance of France has allocated a grant of EUR 560,000 to Ukraine to finance a joint project of Ukrenergo and RTE International for the implementation of Ukraine’s first energy storage system, the press service of the Ukrainian company has reported. According to its data, in the next six months, RTE International plans to implement the first phase of the project: a feasibility study and technical assignments for further work. At the second stage, the possible cost will be determined, a model of the future storage system and a roadmap will be created with a list of all necessary measures for the implementation of the joint project.
Ukrenergo notes that the project is of a great importance for the future development of the Ukrainian energy sector and the integration of the domestic energy system into the energy system of continental Europe, since one of the requirements is to ensure the required amount of primary frequency control.
In addition, over the past few years, there has been an increase in wind and solar power generation in Ukraine, which will require the construction of additional highly maneuverable capacities that meet the environmental requirements of European countries.
“The start of cooperation with RTE, the leading player in the European market, the implementation of a complicated and innovative energy storage project is a significant step towards our European integration and the strengthening of Ukraine’s energy security,” Ukrenergo Head Vsevolod Kovalchuk said.
Deloitte Touche Japan and Green Power Development Japan (both based in Japan) are interested in building solar power plants with the capacity of up to 1.2 GW in the Chornobyl exclusion zone. This information was made public at a meeting of Olha Buslavets, the Director General of the Energy Markets Directorate of the Ministry of Energy and Coal Industry, Masatoshi Nishimoto, the Director of Deloitte Touche Japan, the Executive Director of Green Power Development Japan, and representatives of the Japanese government in Kyiv on January 30.
According to the press service of the ministry, during the meeting the parties discussed the economic and technical aspects of construction of solar plants, as well as a draft law on the introduction of “green” auctions.
As reported, the construction of a pilot solar plant with a capacity of 1 MW of the Enerparc AG-Rodina Energy Group consortium was completed in early 2018. In the autumn of 2018, the consortium announced its intention to increase the station’s capacity to 100 MW.