The EBRD will provide a loan of EUR 5.6 million (USD6.37567 m) to Ekotechnik Shyroke LLC for the construction of 7 MW solar power plant in Dnipropetrovsk region in southeastern Ukraine. The implementation of this project will increase the share of alternative energy in the electricity generation structure of the country.
The solar power plant, which is jointly owned by EKOTECHNIK Group (Czech Republic) and TRYBA ENERGY (France), will contribute to Ukraine's goal of increasing its share of renewable energy in total consumption up to 11% by 2020.
The Finance Ministry of Ukraine replenished the state budget with UAH 1.209 billion, USD 71.511 million and EUR 60.499 million from the sale of government domestic loan bonds on July 24. The ministry also added that 60 out of 77 submitted bids to buy domestic loan bonds were satisfied.
Country updates
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September 21, 2018
TIU Canada Starts Construction of New Solar Plant in Mykoliav Region
TIU Canada has begun construction of a new solar plant near Kalynivka village, in Mykolaiv region. The new project is called Vita Solar, with the planned peak capacity of 13,5 MW, covering an area of...
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September 13, 2018
ACCIONA enters Ukraine with a €55 M investment in a solar PV project
ACCIONA Energía has started construction work on a 57.2-megawatt peak (MWp - 44 nominal MW) photovoltaic complex in Dymerka, northern Ukraine, in which it will invest €55 million. It will...
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August 29, 2018
DTEK Renewables secures US$105 million financing for 100 MW wind project in Ukraine
DTEK Renewables has raised EUR90 million (US$105.25 million) in debt financing for the construction of the first stage of the Primorskaya wind project, located in the Zaporizhzhya region of...
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August 28, 2018
GE provides turbines and facilitates financing for Primorskaya wind farm
GE Energy Financial Services, a unit of GE, has facilitated the raising of €90MM in project financing for stage I (100-megawatt) of DTEK Renewables B.V. Primorskaya wind electricity plant (Primor...
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August 16, 2018
Modus Group to invest EUR30 million for solar project in Ukraine
Modus Group is investing EUR30 million (USD34.7968 million) for the development of the 35 MW solar photovoltaic project located in the Zhytomyr region of Ukraine. The project will be implemented...
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