Scatec Solar has entered an agreement with Rengy Development to develop a 47 MW solar photovoltaic project located in the Mykolaiv region in the south of Ukraine. Scatec Solar will own 51% percent in the project while the remaining will be for Rengy Development.
Scatec Solar will also deliver the Engineering, Procurement and Construction (EPC) provider and provide Operation & Maintenance as well as Asset Management services to the power plants.
The project, lead financed by the European Bank of Reconstruction and Development (EBRD), will deliver power under a 10-year- Feed-in-tariff. Financial close and construction is expected to be achieved in 2018 and with the start of commercial operation by 2019.
Country updates
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June 14, 2018
Better Energy has signed a loan agreement with Nordic Environment Finance Corporation (NEFCO) for the construction of the solar project
Better Energy has signed a loan agreement with Nordic Environment Finance Corporation (NEFCO) for the construction of the solar project. The half of the EUR 6.6 million (USD 7.7m) project worth will be from NEFCO and the remaining half will be from Better Energy
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June 14, 2018
Jiangsu Seraphim Solar System has been commissioned to supply solar modules for the project
Jiangsu Seraphim Solar System has been commissioned to supply solar modules for the project. Delivery of the equipment is expected to be done by the end of August 2018
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June 11, 2018
Scatec Solar has secured a 10-year Feed-in-Tariff for the project
Scatec Solar has secured a 10-year Feed-in-Tariff for the project. Commissioning of the facility will begin in 2019
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June 11, 2018
Scatec Solar has inked a 10-year Feed-in-Tariff deal with the output of the project
Scatec Solar has inked a 10-year Feed-in-Tariff deal with the output of the project. Commissioning of the facility will start by 2019
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June 08, 2018
JSB Ukrgasbank has refinanced 70% of the cost of the project
