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Ukraine to sell 'green energy' at e-auctions

Source : 112 Ukraine

First auctions are scheduled to take place in March 2020
16:15, 27 December 2019

Open source

Cabinet of Ministers approved the decision to sell green energy at e-auctions. This was stated by Prime Minister of Ukraine Oleksiy Honcharuk on his Twitter page.

The government creates conditions for the development of renewable energy; gives permission for the attraction of cheap credit resources; contributes to the development of high-tech equipment production in Ukraine.

"This will stimulate the production of alternative energy and will reduce the price of "clean" energy," Ukraine’s PM wrote.

The first "green" auctions are scheduled to be held in March 2020.

Related: Will alternative energy sector develop in Ukraine?

As we reported earlier, Ukraine’s DTEK energy holding has completed the construction of Orlivska wind power station (wind farm) in Zaporizhya region with a capacity of 100 MW. Interfax news agency has informed about it.

“We have fulfilled one of our strategic goals, we reached 1 GW of green generation capacity by investing more than EUR 1 billion in Ukraine’s renewable energy,” DTEK CEO Maksym Tymchenko noted at the wind farm opening ceremony on Friday.

According to him, 26 Vestas wind turbines with a capacity of 3.8 MW each were installed as part of the project. Each year, the station will produce about 380 million kWh of green electricity.

Related: Global environmental crisis: Does Ukraine fulfill climate agreement?

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