By Eurasia Network – January 11, 2020

Ukraine has been developping its renewable energy capacities sine 2010. The country is now a leader in Eastern Europe for solar and wind power industry. Picture : view on Kyiv – Photo credit : Pixabay

The Norwegian renewable energy developer Scatec Solar built a 32 MW solar farm near Kyiv, in the Cherkasy region.  The partner of Scatec Solar in this project is FMO, the Dutch entrepreneurial development bank. The commercial operation of this new solar power plant started on January 1st 2021.

We are pleased to complete our third project in Ukraine. The Kamianka solar power plant will lead to the abatement of more than 15,000 tonnes of CO² emissions, and will contribute to growing the share of renewable energy in the country”, said Raymond Carlsen, CEO of Scatec.

This 32 MW solar power plant project has been carried out under the Ukraine’s Feed-in-Tariff scheme. The Kamianka solar plant is expected to deliver about 37 GWh per year and will provide clean energy to more than 11,000 households. Public land has been leased for an extended time-period and the plant is expected to deliver power also beyond the Feed-in-tariff period.

This is the third solar energy project implemented by Scatec Solar in Ukraine.

In 2019, the Norwegian company launched a solar power plant in the Nikolaev region (47 MW), in 2020 – in the Kyiv region (54 MW).

Three more projects with a total capacity of 203 MW are at different stages of construction. Scatec Solar now has almost 1.6 GW in operation globally.

 Read also : Why investors choose Ukraine for renewable energy ?  

In July 2020 the Ukrainian Parliament adopted the bill on green tariff in second reading. The new legislation reduces the amount of compensation under green tariff for solar power plants by 15% and for wind farms – by 7.5%. The Ukrainian government decided this decrease due to the financial burden for state budget of the booming renewable energy industry in the country. Intense negotiations have been held with developers and private investors to mitigate the impact on their investments made under the previous regime.

Ukraine has been reforming its energy sector since 2009 by adopting legislation on renewable energy.  The country joined the European Energy Community in February 2011 and set in October 2014 the goal to increase renewable energy share in the national power mix to 11% by 2020 while the Energy Strategy of Ukraine until 2035, adopted in 2017, set the target of 25% of renewable energy share by 2035.

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