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-Podilskyi district of the Khmelnitsky region, Ukraine.
The US$55 million facility is expected to generate up to 68,200 MWh of electricity annually, supplying one-third of all homes in Kamianets-Podilskyi city and offsetting 67,000 tonnes of carbon dioxide emissions. It is equipped with monocrystalline PERC modules by Longi Solar.