Scatec Solar has announced that it has secured two new projects with a total capacity of 121 MW in Ukraine.
The projects will be realised under the country's Feed-in-Tariff (FiT) scheme and the solar power plants are expected to produce about 155,000 MWh per year in total. Land will be leased for an extended time-period from local municipalities and the plants are expected to deliver power also beyond the 10-year FiT period.
Total capex for the projects is estimated to EUR137 million (US$157.4 million). Grid connection of the plants is expected towards the end of 2019.
Scatec Solar will be the lead equity investor in the projects and is targeting to secure additional equity partners. Scatec Solar will be the Engineering, Procurement and Construction (EPC) provider and provide Operation & Maintenance as well as Asset Management services to the power plants.
Country updates
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