UDP 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 milloin).
The Scythia Solar-2 has a peak capacity of 33.1 MW and occupies 50 ha (124 acres) of land area that consists of more than 91,000 solar modules produced by JA Solar. The park will generate almost 42,000 MWh per year enabling to power 13,300 households, while mitigating 51,000 tonnes of carbon dioxide (CO2) emissions.
Country updates
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August 06, 2019
GE and LongWing reach financial close for first phase of Zaporizhia Wind Farm
GE 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...
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July 31, 2019
UDP Renewables launches Scythia Solar-2 PV project in Ukraine
UDP 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...
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July 25, 2019
Scatec Solar reached financial close for 55 MW Chigirin solar PV project in Ukraine
Scatec 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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July 12, 2019
Scatec Solar secures EUR38m loan financing for 54 MW Boguslav solar project
Scatec Solar and partners have closed financing for the 54 MW Boguslav project with a total investment of EUR54 million (US$60.51 million). FMO, the Dutch development bank, Green for Growth Fund (und...
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July 09, 2019
GE facilitates financial closing for the second phase of 200 MW Primorskaya wind project in Ukraine
GE Capital’s Global Capital Advisory (GCA) business, a unit of GE, has facilitated a EUR90 million (US$105 million) financial close for the construction of phase II of DTEK Renewables B.V. 200 m...
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