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 around 15,000 households and avoid about 51,000 tonnes of carbon emissions per year, supporting Ukraine’s renewable energy target.
The project is realised under the country’s fixed Feed-in-Tariff scheme until 2030 and is expected to produce about 56 GWh per year. Public land has been leased for an extended time period and the plants are expected to deliver power also beyond the Feed-in-tariff period.
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...
Read moreUDP 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...
Read moreGE 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...
Read moreUDP Renewables, a part of UFuture Investment Group, has launched its new solar power plant Scythia-Solar-2 in Melitopol (Zaporizhia region). Scythia-Solar-2, with a peak capacity of 33.1 MW, occupies...
Read moreScatec Solar has signed a credit agreements for the non-recourse debt financing with the European Bank for Reconstruction and Development (EBRD), The Nordic Environment Finance Corporation (NEFCO) and...
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