EBRD to support 36MW PV project in Ukraine

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
The total project cost for the 36MW second phase is approximately US$31.1 million, with the EBRD financing tabbed at US$7.8 million. Image: EBRD

The European Bank for Reconstruction and Development (EBRD) is set to develop the second phase for 36MW of a 72MW PV project located near the town of Ternovytsa in the L'viv region in northwest Ukraine.

The project is developed under the EBRD Ukraine Sustainable Energy Lending Facility III. The investment will help Ukraine in its plan to bring the share of renewables from the country’s total energy mix to 25% by 2035.

The total project cost for the 36MW second phase is approximately US$31.1 million, with the EBRD financing tabbed at US$7.8 million.

A Stakeholder Engagement Plan (SEP) has been developed and a Corporate Social Responsibility (CSR) programme aimed at community development and increasing awareness of the project is being developed. Once the project is completed, it will result in  39,708 tonnes of CO2 savings per year.

Read Next

April 6, 2021
A 12.9MW floating PV plant is set to be deployed at a hydropower reservoir in Albania thanks to a loan provided by the European Bank for Reconstruction and Development (EBRD).
August 5, 2020
Module manufacturer Znshine Solar has clinched a 33.28MW supply contract which will contribute towards the development of a utility-scale solar plant in the Ukraine.
April 7, 2020
Asia, US, Australia, Spain are among the highlights of year for which IRENA found 98GW of new solar installs, an estimate below the 110-120GW range offered by different analyses.
March 3, 2020
Green energy reps tell PV Tech they fear country may ‘lose trust’ of investors after announcing plans for cuts of up to 25%. Will the move derail the momentum of one of Europe’s PV markets-to-watch?
January 23, 2020
Balkan state says it is examining potential areas for solar to be rolled out in after launching EBRD-backed auction to contract utility-scale project near the coast.
January 22, 2020
Chinese PV developer and manufacturer Risen Energy has brought online a 50MW solar project that is billed as the first large-scale Kazakh PV plant to use trackers.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
May 11, 2021
Upcoming Webinars
May 26, 2021
Session 1 - 7:00 AM (BST) | Session 2 - 5:00 PM (BST)
Solar Media Events
June 15, 2021
Solar Media Events
July 6, 2021