Acciona picks former partner for 43.7MW duo in Ukraine

Facebook
Twitter
LinkedIn
Reddit
Email
Acciona and UDP will co-deploy the new 43.7MW duo after partnering for a first 57.6MW plant (Credit: Acciona)

Acciona Energy is to deploy its second utility-scale PV scheme in Ukraine alongside UDP Renewables, the same developer it partnered with for its solar debut in the country.

The deal sealed between both firms foresees the deployment of 43.7MW across two plants in the Odesa region, in Ukraine’s southwest.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Work got underway this week to build both plants – equipped with fixed-structure polycrystalline silicon panels – before the end of the year, Acciona and UDP said.

Gudzovka–Solar, planned by the city of Izmail, will boast 26MW of peak capacity and 19.8MW in rated capacity terms. At 17.7MW (peak) and 13.5MW (rated), Arcyz-Solar – near the town of Pavlivka – will be slightly smaller.

The duo, Acciona and UDP explained, will require total investments of €30.6 million (US$34.21 million) and will generate, once completed, a joint 55GWh in electricity.

In Ukraine, both plants will sit alongside 57.6MW Dymerka PVPP, Acciona’s maiden PV project in the country. Financed with some US$64 million, the plant is meant to come online this year.

Vasyl Khmelnytsky, who founded UDP’s private equity parent UFuture Investment Group, said this week Acciona brings not only capital but also “best practices and highest standards.”

“The latter is essential for the burgeoning market, especially if you consider that Ukraine has a long way to go,” Khmelnytsky remarked.

Ukraine, home to a 2GW-plus PV sector as of late 2018, is becoming a target for global developers as it prepares a shift from feed-in tariffs to deregulated auctions.

TIU Canada, another name active in the former Soviet republic, recently discussed with PV Tech the factors – strong irradiation, grid constraints, manufacturing strength, the war with Russia – that will shape Ukraine’s journey towards subsidy-free solar.

2 December 2025
Málaga, Spain
Understanding PV module supply to the European market in 2026. PV ModuleTech Europe 2025 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
10 March 2026
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

October 8, 2025
The NSW Independent Planning Commission has granted planning approval for Potentia Energy's 500MW Tallawang solar-plus-storage project.
October 8, 2025
US solar module prices jumped in Q3 2025 as developers scrambled to meet the 2 September 2025 safe harbour deadline for Investment Tax Credit (ITC) qualification, according to supply chain platform Anza.
Premium
October 8, 2025
PV Talk: Smart Energy Council's Nigel Morris reflects on how Australia has become a global testbed for distributed solar and storage innovation.
October 8, 2025
Officials from Norway and Egypt have agreed provisional terms for the financing of the Dandara solar park in Egypt, which is being built and operated by Norwegian IPP Scatec.
October 8, 2025
Saatvik Green Energy has secured new solar PV module orders worth more than INR7 billion (US$84 million), to be delivered in this financial year.
October 8, 2025
Australia's NEM achieved a new minimum operational demand record of 9,666MW, marking a 4% decrease from the previous record.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK