Business news from Ukraine

UKRAINE’S LARGEST GAS PRODUCER WANTS TO BUILD 3 MW SOLAR POWER PLANT

JSC Ukrgazvydobuvannia plans to build a solar power plant with a capacity of 3.078 MW in Andriyivka (Kharkiv region) where the Shebelynka gas refinery is located, according to a report in the ProZorro e-procurement system. The expected cost of the construction project is UAH 82.324 million. The tender documents could be submitted before December 6, 2018.
Ukrgazvydobuvannia, fully owned by Naftogaz Ukrainy, is Ukraine’s largest gas producer, which provides about 75% of the total gas output in the country.
As reported, early 2018, another company of Naftogaz Ukrainy – Ukrtransgaz – launched a solar power plant with a capacity of 0.3 MW.

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EBRD TO PROVIDE EUR 5.6 MLN FOR BUILDING SOLAR POWER PLANT

The European Bank for Reconstruction and Development (EBRD) under the Ukraine Sustainable Energy Lending Facility (USELF) will provide a loan of EUR 5.6 million to Ekotechnik Shyroke LLC to build a solar power plant in Dnipropetrovsk region with the installed capacity of 7 MW, the press service of the EBRD has reported.
The ten-year loan is provided. According to the EBRD, the owners of Ekotechnik Shyroke LLC are Ekotechnik Group (the Czech Republic) and Tryba Energy (France). According to the unified public register, the beneficiaries of the company are Aleš Korostenský (the co-owner of Ekotechnik Group) and Ukrainians Yuriy Zasiadvovk and Bohdan Yevtushenko.

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ANTIMONOPOLY COMMITTEE OF UKRAINE APPROVES ACCIONA ENERGIA’S JOINING UDP SOLAR POWER PLANT PROJECT

The Antimonopoly Committee of Ukraine has approved the purchase of a controlling stake in Dymerka Solar Poland (Poland) by ACCIONA Energia Global (Poland, the subsidiary of the eponymous company in Spain), the press service of the committee has reported.
Dymerka Solar Poland was registered to implement a project of UDP developing group (Kyiv) to expand the capacity of Dymerka solar power plant (Kyiv region) from 6 MW to 57.6 MW.
As reported, UDP from UFuture investment group has arranged a joint project to expand Dymerka solar power plant with Spain’s ACCIONA Energia Global. It is planned that the Spanish company will invest EUR 54.7 million.
Majority shareholder of UDP is Ukrainian businessman Vasyl Khmelnytsky.

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SPAIN’S ACCIONA TO INVEST EUR 54.7 MLN IN JOINT PROJECT WITH UDP TO BUILD SOLAR POWER PLANT NEAR KYIV

UDP (Kyiv) from the UFuture investment group has arranged a joint project to expand Dymerka solar power plant (Kyiv region) from 6 MW to 57.6 MW with Spain’s ACCIONA Energia Global, the press service of UDP reported on Friday.
“The first project of the Spanish energy giant on the Ukrainian m
arket will be the development of the second, third and fourth stages of the Dymerka solar power plant in Kyiv region with a total peak capacity of 57.6 MW. The first phase of this plant was commissioned by UDP Renewables in the summer of 2017. The total volume of foreign direct investment only in this project is EUR 54.7 million,” UDP said.
The founder of UFuture Vasyl Khmelnytsky said that the launch of the Dymerka solar power plant at a full capacity is scheduled for the first quarter of 2019.
“I believe that this example would stir up the process of attracting investment and the global expertise, which is also important,” UDP reported, citing Khmelnytsky.
ACCIONA Energia CEO Rafael Mateo said that the Spanish company starts its operations in the renewable energy sphere in Ukraine with support of the European Bank for Reconstruction and Development (EBRD).
The UDP said that they arranged with Acciona Energia Global to work together on a broad portfolio of investment projects in both solar and wind energy in the Ukrainian market.
As reported, the first stage of the solar power plant in the village of Velyka Dymerka (Kyiv region) with a capacity of 6 MW was registered for Dymerka solar power plant-1 LLC. The company belongs to the majority shareholder of the UDP development company Vasyl Khmelnytsky.
ACCIONA Energia Global from ACCIONA Group headquartered in Madrid is a global leader in renewable energy with 25 years of experience.
UFuture investment group is a leading business group in Ukraine. It incorporates UDP, the Sikorsky Kyiv airport (Zhuliany), RTM national outdoor advertiser, Bila Tserkva industrial park, UNIT.City and LvivTech.City innovative parks, Biopharma pharmaceutical company and UDP Renewables. UFuture is headquartered in Brussels and its head office is located in Kyiv
UDP Renewables is a Ukrainian developing company in the renewable energy sphere.

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NORWAY’S SCATEC SOLAR PLANS TO BUILD 25 MW SOLAR POWER PLANT IN UKRAINE, CHERKASY REGION

Norway’s Scatec Solar seeks to build a solar power plant with the installed capacity of 25 MW in Kamianka (Cherkasy region), the press service of the Cherkasy Regional Administration has reported. Scatec Solar has built solar power plants with a total capacity of 322 MW in different countries. The company is in the process of building plants with the capacity of 434 MW. Scatec Solar operates in the Czech Republic, South Africa, Ruanda, Honduras and Jordan.

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