Business news from Ukraine

UKRGASBANK TO ISSUE EUR7.1 MLN TO DTEK FOR BUILDING SOLAR PLANT

13 July , 2017  

KYIV. July 13 (Interfax-Ukraine) – PJSC Ukrgasbank and DTEK energy holding’s division Tryfonivka Energy have signed a loan agreement for EUR7.1 million for the construction of a solar power plant in Kherson region, the holding’s press service has reported.
“The construction of the 10 MW Tryfonivka solar power plant will be completed in 2017. Electricity supply will be 11-12 million kWh per year. Through the launch, the station will be able to supply electricity to more than one-third of Velyka Oleksandrivka district of Kherson region. Tryfonivka solar power plant is DTEK’s pilot project in solar energy, the results of which will become the basis for the formation of the company’s strategy in the segment of renewable energy sources,” the report said.
As reported, DTEK is considering the possibility of building up to 1 GW of “green” generation capacity in the next five years.