Norway’s Scatec started commercial operation of its largest solar power plant in Ukraine Progressovka (Mykolaiv region) with a capacity of 148 MW from July 2.
“We are pleased to complete our fourth project in Ukraine, supporting the country’s transition to green energy,” Scatec CEO Raymond Carlsen is quoted as saying in a post on the company’s website.
The Progressovka project envisages the production of 184 GWh of electricity per year, which will provide 76,000 households with power and will lead to a decrease in greenhouse gas emissions by over 70,000 tonnes, the company said.
The service life of the plant is over 30 years.
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.
TIU Canada seeks to acquire two projects on construction of solar power plants in Odesa region, TIU Canada CEO Michael Yurkovich has said in an interview with Ukraine Business News during the World Economic Forum in Davos.
Thus, the Canadian company continues implementing the strategy to invest $100 million in the construction of solar power plants in Ukraine until the end of this year, he said.
The company has already built a solar power plant with a capacity of 10.5 MW in Nikopol and is building another one in Mykolaiv region with a capacity of 13.5 MW. By the end of the year it is planned to begin construction of four more in Odesa and Mykolaiv regions.
TIU Canada began its activity in Ukraine in June 2017. Its owner is the investment company Refraction Asset Management (Calgary, Canada).