The governor of Ukraine’s Odessa region, Maxim Stepanov, has signed a memorandum of understanding with the Ukrainian solar EPC contractor Kness Group for the construction of three PV plants with a combined capacity of 86 MW.
According to a press release from the regional government, the company intends to invest approximately $80 million in the three facilities. The funds will be provided by unspecified Ukrainian, American and European investors.
The three installations will be located in the districts of Artsyz and Oknyansky. All the projects will be developed under the country’s FIT scheme.
Ukraine’s new feed-in tariffs are set at €0.1599 ($0.1726)/kWh for ground-mounted solar power plants commissioned in 2016 and €0.1502 ($0.1621)/kWh for projects connected between 2017 and 2019. In order to receive a higher compensation, many solar developers are aiming to complete ongoing projects by the end of this year.
Kness Group has installed ten solar parks with a combined capacity of 54 MW in Ukraine to date. The company is targeting to bring online around 300 MW of solar by the end of this year.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.