Business news from Ukraine

CHERKASYOBLENERGO INTENDS TO BUILD POWER GRIDS FOR CONNECTING SOLAR PLANT OF SCATEC SOLAR

JSC Cherkasyoblenergo intends to build two overhead power grids of 150 kV for connecting Greenteco LLC solar power station with a capacity of 55.4 MW (Chyhyryn district of Cherkasy region) to the 150/35/10 kV Orbita substation, according to the website of the unified register of environmental impact assessment.
It is also planned to reconstruct the 35 kV PRK-1 and PRK-2 grids to transfer them to a power of 150 kV.
Greenteco solar plant belongs to the Norwegian company Scatec Solar.
As reported, in July the European Bank for Reconstruction and Development issued a loan of EUR19.7 million to Greenteco solar plant for the construction of a solar station. The total project cost is EUR56.2 million.
In 2018, Scatec Solar established and acquired about half a dozen companies in Ukraine to carry out its solar plant construction projects. The company plans by 2020 to build about 400 MW of capacity in Ukraine.

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