Ukraine’s target is to generate 11% of its energy from renewable sources by 2020 in an effort towards more autonomy and less coal intensive production. Since 2014, a feed in tariff programme was launched and more than 1GW of solar capacity have been installed since then. Scatec Solar entered the Ukraine market in 2017 and is currently developing a significant project portfolio in the country.
The Progressovka project is located in the Mykolaiv region in the South of Ukraine. The project will be realized in collaboration with PowerChina Guizhou Engineering Co. Ltd. that will provide construction financing and Engineering Procurement and Construction (EPC) services to the project, while Scatec Solar will be the equity investor and provide EPC management, Operation & Maintenance as well as Asset Management services. The project will be realized under Ukraine’s 10-year Feed-in-Tariff scheme and the solar power plant is expected to deliver power also beyond the Feed-in-tariff period. Commercial Operations of the plant is expected in the first half of 2020.
The Rengy project, situated in the Mykolaiv region in the South of Ukraine, is being built in partnership with Rengy Development Group. The project will be realised under the country’s 10 years Feed-in-Tariff scheme and the plants are expected to deliver power also beyond the Feed-in –tariff period. Commercial operation is expected during 2019.
The Kamianka project is Scatec Solar’s second project in Ukraine located in the Cherkasy region in central Ukraine. The project is developed, constructed and operated by Scatec Solar. The project will be realised under the country’s 10 years Feed-in-Tariff scheme and the plants are expected to deliver power also beyond the Feed-in–tariff period. Commercial operation is expected in fourth quarter 2019.