Ukrainian energy group DTEK has completed the development of the 200 MW Prymorska wind project built in the Zaporizhia region.
The facility is developed in two phases, with each capacity of 100, for a total investment of up to EUR321 million (US$358 million). DTEK secured financing from German commercial banks for which it received guarantees by export credit agencies (ECA) Euler Hermes and Spain’s CESCE.
The project consists of 52 units of General Electric’s GE 3.8-130/137-110HH turbines. It is estimated to generate up to 700,000 MWh per year
Country updates
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November 04, 2019
IFC, Ukraine sign MoU for PPP projects financing
The European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) have signed Memorandum of Understanding (MoU) documents with Ukraine's Ministry of Infrastru...
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September 12, 2019
Scatec Solar, Rengy Development starts the operation of the 47 MW Rengy solar PV project in Ukraine
Scatec Solar and Rengy Development has connected to the grid and reached commercial operation for the 47 MW Rengy project in the south of Ukraine. The solar power plant will deliver clean energy to a...
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August 27, 2019
EBRD provides EUR149m loan to support upgrade of Ukraine’s transmission network
The European Bank of Reconstruction and Development (EBRD) has extended a loan of EUR149 million (US$166.1 million) Ukraine’s Ukrenergo that will be used to upgrade its power tra...
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August 07, 2019
UDP renewables launched the 46 MW Scythia Solar-2 solar park in Ukraine
UDP Renewables has launched the second phase of a 46 MW Scythia Solar-2 Park located in Melitopol, Zaporizhia region, southeastern Ukraine, with the total investment of EUR31.7 million (US$35.3 m...
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August 06, 2019
GE and LongWing reach financial close for first phase of Zaporizhia Wind Farm
GE and LongWing Energy S.C.A. has reached financial close on a US$150 million debt financing package for the first phase of the Zaporizhia Wind Farm, in the Zaporizhia region in southeast Ukraine. The...
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