DTEK owned by billionaire Rinat Akhmetov has launched a 240-megawatt solar power station called Pokrovska in Dnipro region. This was reported by Kyiv Post.
The new station opens just two months before Ukraine is scheduled to phase out its feed-in tariff system, which provides government subsidies for green energy production, and introduce a system of auctions.
As it is reported the Pokrovska is the largest solar power plant in Europe after the 300-megawatt facility in the southwestern French city of Cestas.
Located on a former manganese ore mining quarry near the village of Katerynivka, the station’s installed capacity will be enough to provide 200,000 households with electricity, cutting greenhouse gas emissions by 420,000 tons annually.
According to Kyiv Post the station stands on 436 hectares, which is equal to 600 football fields.
Pokrovska solar power plant is only the third project of DTEK, as DTEK's CEO Maksym Tymchenko says.
"DTEK once again confirmed the status of the largest national investor in clean and safe renewable energy generation," Timchenko said in a statement on the company’s website.
DTEK invested 193 million euros in the station, using 840,000 solar panels supplied by Chinese producer Risen.
At the same time, the Pokrovska solar power station will pay more than Hr 20 million ($800,000) annually in taxes into the local budget, according to Oleksandr Grechko, a public relations specialist at DTEK.