Czech Company Plans to Invest EUR 400 Mln Into Solar Plants in Ukraine
KYIV, Ukraine, February 21, 2013 /PRNewswire/ –
Czech group of companies Ekotechnik Czech plans to invest EUR 400 million into the
construction of solar power plants in the Khmelnytskyi oblast, Ukraine. The total
installed capacity of solar plants in the region will reach 160 MW, reported the
Khmelnytskyi Oblast State Administration.
Ekotechnik Czech’s intention to invest into Ukraine’s photovoltaic market is recorded
in the memorandum between the company’s representative in Ukraine – Ekotechnik Ukraine -
and Khmelnytskyi administration. The photovoltaic units will be installed in 14 districts:
Dunavets, Khmelnytsk, Vinkovets, Yarmolynets, Novoushytsk, Kamianets-Podolskyi, etc. In
total, Ukrainian authorities plan to lease approximately 400 hectares to the company for
the construction purposes.
Implementation of the project is aimed at improving the energy balance, social and
environmental situation in the abovementioned districts. The construction and operation of
solar power plants will offer 230 new jobs and increase annual revenues to the local
budgets by 4.4 million USD.
In October 2012, Ekotechnik Czech completed the construction and put into operation
the first solar power plant in Ukraine with designed capacity of 5 MW in Yasenovka,
Khmelnitskyi region. The company also plans to engage in solar power plants construction
in Kyiv, Dnipropetrovsk, Zakarpattia, Vinnytsia, and other regions of Ukraine. According
to the Czech company’s website, their assets portfolio in Ukraine exceeds 220 MW.
Notably, in the last three years Ukraine built 20 solar power stations with the total
capacity of 270 MW. In 2011 the country launched the largest in Europe and CIS solar power
park Perovo in Crimea, southern Ukraine, with the capacity over 105 MW.
Macquarie Research forecasts that by 2016 Ukraine will introduce solar power plants
with the capacity of 1.8 GW – an equivalent of two nuclear reactors. In December 2012, the
President of the European Renewable Energy Federation, Rainer Hinrichs-Rahlwes, reckoned
that the use of renewable energy would allow to significantly cut the volume of energy
import in Ukraine, as well as strengthen the independence of the country. In October 2012,
Ukraine made a commitment to the European Energy Community to increase renewable energy
share in its energy balance up to 11 percent by 2020.
SOURCE Worldwide News Ukraine