Scatec Solar begins the construction of 148 MW Progressovka solar photovoltaic project located in Ukraine.
The solar project will be realized in collaboration with PowerChina Guizhou Engineering Co. Ltd. that will provide construction financing and Engineering Procurement and Construction (EPC) services to the project, while Scatec Solar will be the equity investor and provide EPC management, Operation & Maintenance as well as Asset Management services.
The project has an estimated total cost of about EUR124 million (US$139 million). The two-year construction financing facility which covers 65% of the total investment will be provided by Power China.
The project is also expected to be accomplished under Ukraine’s 10-year feed-in tariff (FiT) and delivers about 187 GW of clean energy for about 76,000 households, offsetting up to 150,000 tonnes of carbon emissions per year. Commercial operations is expected to achieve in 2020.
Country updates
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June 06, 2019
Acciona, UDPR start construction works at two solar projects in Ukraine
ACCIONA has signed an agreement with UDP Renewables (UDPR) to build two photovoltaic plants in the region of Odessa (south-western Ukraine) with an overall capacity of 43.7 megawatts peak (MWp) &ndash...
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June 05, 2019
Nordex Group signs turbine deal for 246 MW wind project in Ukraine
The Nordex Group has signed a major order for 113.1 MW of turbines. The manufacturer will install 29 N131/3900 series for the construction of the second phase of the Syvash wind farm. Nordex contract...
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May 27, 2019
EBRD to provide financing for the second phase of 72 MW solar project in Ukraine
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May 16, 2019
20 MW waste-to-energy plant to be built in Kiev
The China Energy Engineering Corp Ltd through its unit, will cover 3 years of contract to plan, procure, and construct the 20 MW waste-to-energy plant to be located in Kiev, Ukraine. The facilit...
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April 30, 2019
Ukraine commissions 63.8 MWp solar PV project in Khmelnitsky
Private equity investor ICU and alternative asset manager VR Capital Group has commissioned its jointly-owned 63.8 MWp solar photovoltaic power plant located in the village of Panovtsy, Kamianets...
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