Business news from Ukraine

VOLUME OF INVESTMENTS IN UKRAINIAN HOUSEHOLD SOLAR POWER PLANTS REACHES EUR 600 MLN

21 January , 2021  

The volume of investments in household solar power plants reached EUR 600 million from 2015 by the end of 2020, the State Agency on Energy Efficiency and Energy Saving has reported.
“As of the end of 2020, there are more than 29,900 families in Ukraine who have installed solar panels. Their total capacity reaches 780 MW,” the agency said on Facebook.
According to the report, the top three in terms of the number of household solar plants are Dnipropetrovsk (4,184), Ternopil (2,512) and Kyiv (2,350) regions.
The agency also indicated that from 2018 to 2020 inclusive, the number of households with solar plants increased fourfold – from 7,450 to 29,900.
Taking into account the agency’s data for the first three quarters of 2020, in its last quarter, the capacity of solar plants increased by 68 MW, and investments by EUR 40 million. The number of households that connected home solar generation facilities rose by almost 1,500.

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