The Danish SDG Investment Fund has made its first investment in a 19.1 MW Ganska solar photovoltaic project of Better Energy. The Fund has committed DKK37 million (US$5.7 million) investment for the solar project that will be developed in Zhytomyr region in central Ukraine.
The facility will consist of 59,000 solar modules that will produce renewable energy equivalent to the consumption of close to 6,500 households and will reduce CO2 emissions by 8,000 tons annually.
The Danish SDG Investment Fund and the Danish renewable energy company Better Energy are supporting the Ukrainian strategy and SDG 7 “Affordable and Clean Energy”. Repayment of the investment will be based on a Power Purchase Agreement (PPA) with the Ukrainian authorities.
Country updates
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January 29, 2019
NBT and Total Eren raise US$175 million for largest renewable energy project in Ukraine
NBT AS and Total Eren SA have signed definitive financing agreements for the first phase of a 250 MW wind project located in the Kherson region of Ukraine, signifying the first internationally finance...
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January 13, 2019
DTEK, Vestas sign deal to build 100 MW Orlovska wind project in Ukraine
DTEK RENEWABLES has signed a deal with Vestas for the construction of the 100 MW Orlovska wind project in Ukraine. The EUR135 million (US$154.72 million) wind facility will be su...
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January 08, 2019
Scatec Solar reaches financial close for 47 MW solar project in Ukraine
Scatec Solar has reached financial close for its 47 MW solar photovoltaic project located in the Mykolaiv region in the south of Ukraine. The EUR36 million (US$41.2 million) non-recourse d...
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December 28, 2018
Vestas wins 99 MW EPC order in Ukraine
Vestas has received a 99 MW Engineering, Procurement and Construction (EPC) order from DTEK Renewables for the Orlovka wind project in the Zaporizhia region, Ukraine. The order includes 4 MW platform...
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December 28, 2018
Scatec Solar ASA secures funds for the 30 MW Kamianka solar project in Ukraine
Scatec Solar ASA secured funds for the 30 MW Kamianka solar photovoltaic project in Ukraine. The European Bank for Reconstruction and Development (EBRD) and Dutch development bank FMO will...
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