By Alexander Petrov, for Eurasia Network – August 10, 2021

The Ukrainian State Agency for Energy Efficiency and Energy Saving reported that as of July 1st, 2021, 35,403 households have switched to photovoltaic panels, totalling 933 MW of capacity. They were 29,931 households as of December 30, 2020. This represents an investment of 750 million euros.

On average, a standard Ukrainian house needs 10-15 kW of power. In this case, more energy storage systems are needed. Depending on the capacity of the station and the amount of electricity consumption by the household, the investment in the solar panels infrastructure pays is paid back on average in 5-7 years.

Konstantin Gura, the Acting Chairman of the State Agency for Energy Efficiency, said on August 3rd that :

“In 2014, only 20 households had solar panels. In 2017, there were 3,000. Today – they are more than 35 thousand using solar panels. The market is evolving exponentially. This is an example of how Ukranian households can invest in their future and save on payments for electricity.”

The Energy Strategy of Ukraine until 2035, adopted in 2017, provides for reaching a renewable energy share of 25% by 2035.

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