PowerChina and WindFarm signs agreement to build largest onshore wind farm in Ukraine
The Ukrainian company WindFarm and the Сhinese company PowerChina concluded a contract on joint implementation of 800MW Wind Power Plant in Manhushskyy and Nikolskyy districts of Donetsk region. With total project value exceeding USD 1 billion, the 800 MW wind farm has become the largest one in Ukraine.
The signing ceremony was attended by State Expert of the Directorate of Infrastructure of the Ministry for Reintegration Temporarily Occupied Territories of Ukraine Kostyantyn Slyusar, President of the Chamber of Commerce of Ukraine Hennadiy Chyzhykov and Chairman of the UWEA Board Andriy Konechenkov, representatives of the Ukrainian and Chinese companies.
Andriy Konechenkov Chairman of the UWEA Board said, "The 800 MW wind farm will generate and sell electricity to the consumers without any “green” tariff! It means that the wind power sector of Ukraine is entering a new phase of its development, based on competitive market conditions. Moreover this project envisages a local wind equipment manufacture, which facilitates national wind manufacturing.”
The 800 MW wind power plant is the largest construction onshore wind farm project in Europe. Once operational the energy produced will be sold on a merchant basis.
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