Business news from Ukraine

FEED-IN TARIFF FOR PRIVATE ROOFTOP SOLAR UNITS TO BE CUT BY 67% FROM 2025

The National Commission for Energy, Housing and Utilities Services Regulation (NCER) has set a feed-in tariff for private rooftop household solar power plants with a capacity of up to 50 kW and/or facades of buildings and other permanent facilities, as well as for private wind farms with a capacity up of 50 KW and combined wind and solar plants with a capacity of up to 50 kW.
The draft resolution was approved by the regulator on June 27.
In particular, the tariff for rooftop solar power plants with a capacity of 50 kW constructed on January 1, 2019 through December 31, 2019 is set at UAH 540.79 per kWh (without VAT), which is 18 eurocents per kWh. For the facilities constructed on January 1, 2020 through December 31, 2024 the tariff will be reduced by 10%, to UAH 486.07 per kWh (without VAT). The tariff will be cut by three times (66.7%), to UAH 157.26 per kWh (without VAT), which is 5 eurocents per kWh, for the solar power plants constructed on January 1, 2025 through December 31, 2029.
The regulator also set feed-in tariffs for wind power plants with a capacity of 50 kWh constructed during the three periods at UAH 347.65, UAH 312.24, and UAH 101.14 per kWh (without VAT) respectively, and for hybrid wind and solar power plants at UAH 489.29, UAH 366.96, and UAH 115.75 per kWh respectively.

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TOUCHSTONE FROM UK INTERESTED IN BUILDING SOLAR, WIND POWER PLANT IN UKRAINE

Touchstone Capital Group (the U.K.) is interested in a project to build an offshore combined solar and wind power plant in Ukraine, the press service of Ukraine’s Energy and Coal Industry Ministry has reported after a meeting of profile specialists of the ministry with a delegation of the company. “At the meeting, representatives of the company presented a project for the offshore combined solar and wind power plant with a gigawatt power capacity, which is unique not only for Ukraine, but also for the nearest neighboring countries. Its additional advantage is the availability of its own balancing capacities, which will ensure a more even schedule of electricity production. The project also envisages the use of a significant (more than 30%) share of components of Ukrainian production,” the ministry said in a statement.
The ministry said that it is important that the implementation of these large projects occur in accordance with the actual state and the plan for the development of the electricity transmission system, and does not lead to deterioration in the operational security of the country’s power grid.
In turn, representatives of Ukrenergo at the meeting reminded: 70-80% of the projects for the construction of “green generation” is being implemented in the southern region of Ukraine (Zaporizhia, Kherson, Mykolaiv and Odesa regions), which is energy-efficient and simultaneously lacks maneuvering capacities.
Touchstone Capital Group is engaged in property management, development of projects in the field of renewable energy. The group operates funds from Chinese and other international investors.

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