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 plant will be located on a 82 ha site to the east of the Dnieper River, and is located in territorial limits of Ratseve Village in the Chigirin district, in the south-western part of the Cherkasy region of the Ukraine. The project will provide renewable energy to the Ukrainian electricity grid. Chigirin will reduce Ukraine’s reliance on fossil fuels, which is expected to improve Ukraine’s energy security, mitigate climate change, and improve environmental quality. Public land will be leased for an extended time-period and the solar power plant is expected to deliver power also beyond the Feed-in-tariff period. Expected commercial operation in first half 2020.
The Boguslav project, situated in the Kyiv region in central Ukraine, is being built by Scatec Solar. The project will be realised under the country’s 10 years Feed-in-Tariff scheme. Commercial operation is expected during first half 2020. Scatec Solar will also operate, maintain and manage the plant, which is expected to deliver power for the 10 years’ Feed-in-Tariff period and beyond.
The Rengy project, situated in the Mykolaiv region in the South of Ukraine, is Scatec Solar's first Project in Ukraine. Scatec Solar owns 51% of the project and Rengy Development Group holds the balance. 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.
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 and Scatec Solar is also the lead equity investor in the project with 60% ownership, while FMO holds the remaining 40%.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.