ROUND-UP: Solar milestones in Ukraine, Hungary, Kazakhstan, Nauru

Facebook
Twitter
LinkedIn
Reddit
Email
Analysts predict solar momentum to gather steam in Ukraine coinciding with the country's shift to deregulated auctions. Image credit: Juan Antonio Segal / Flickr

Partner duo to tap into Ukraine’s FiTs to build utility-scale PV pipeline

26 September: De Raj Group and STC Energy have struck a deal to deploy an 88.371MW solar portfolio near Kiev, in a bid to capitalise on Ukraine’s feed-in tariff (FiT) scheme.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The German developer and Ukrainian counterpart revealed this week they will be joining forces to develop six installations in the surroundings of the country’s capital.

The 88.371MW portfolio will sell its PV output to Ukraine’s state-run energy firm Energorynok, according to De Raj’s statement, which pointed at the option to reap FiT incentives.

“[Ukrainian PV] projects will continue to grow because of the fixed rate of the ‘green’ tariff, which will help to receive a relatively fast return on investment with minimal risk,” the statement read.

As it unveiled its PV investment in Ukraine, De Raj said negotiations are also ongoing for further clean energy developments in Hungary, India and South East Asia.

The firm’s utility-scale move emerges as Ukraine climbs positions in global solar’s list of markets-to-watch, with analysts expecting momentum to speed up after a shift to deregulated auctions.

Incentive-backed solar portfolio bags bank funding in Hungary

26 September: A Hungarian financier is to bankroll a ground-mounted solar pipeline in the country, the work of Chinese firm Unisun Energy Group.

The developer backed by ENGIE said this week Budapest-headquartered Granit Bank will be providing non-recourse financing to support its 6.76MW PV portfolio.

In a statement, Unisun explained the 8.6GWh-a-year solar venture has secured a license from Hungary’s feed-in tariff (FiT) programme, known as KÁT.

The project is the latest to see the light in Hungary’s PV scene, home to 665MW in installed capacity in 2018. It follows the linking of another KÁT-backed PV plant – ABO Wind’s 6.2MW scheme – in July.

Approached by PV Tech at the time, an ABO spokesperson said the firm feels “bullish” about Hungary’s solar prospects but noted uncertainty looms over the future of the KÁT programme.

Development financiers back Kazakhstan’s first auction-driven PV plant

26 September: The European Bank for Reconstruction and Development (EBRD) will be among the development financiers supporting a new 10MW solar plant in Kazakhstan’s south.

Together with the UN’s Green Climate Fund (GCF), the bank will be backing the utility-scale project in the Zhanakorgan District with a joint US$6.4 million loan.

The funding was arranged on the sidelines of the XII Kazenergy Eurasian Forum in Kazakhstan’s capital Nur-Sultan, with EBRD and government officials in attendance.

The 14.8GWh-a-year PV venture – to be built by EPC HEC-K T – is the first to be sponsored under the Asian republic's new auction scheme, designed with the EBRD’s help.

According to the bank, the project is also the tenth to be developed under the country’s renewable programme, designed to pour €200 million (US$218 million) into clean energy projects.

Automated solar-plus-storage venture to help diesel-reliant Nauru

27 September: Island state Nauru will roll out a solar-plus-storage installation with support from development money to curb its reliance on diesel generators.

This week, authorities of the tiny Micronesian nation signed a deal with the Asian Development Bank (ADB) for the construction of a system mixing PV (6MW) with storage batteries (5MW / 2.5MWh).

In a statement, the ADB explained the hybrid will be supported via a US$22 million grant, with the Nauru government providing a further US$4.98 million.

The so-called Solar Power Development Project is meant to curb the 14,000-inhabitant nation's reliance on diesel, while boosting its clean energy share from 3% to 47%.

According to the ADB, staff at the Nauru Utilities Corporation will be trained to manage the hybrid, which will be fully automated and work in synchronicity with the existing diesel system.

25 November 2025
Warsaw, Poland
Large Scale Solar Central and Eastern Europe continues to be the place to leverage a network that has been made over more than 10 years, to build critical partnerships to develop solar projects throughout the region.
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

July 8, 2025
The Chinese government has moved to curb excessive competition in the PV sector and stabilise pricing as companies report growing losses.
July 8, 2025
Germany could install 500GW of new solar agrivoltaics (agriPV) capacity on its most 'suitable' land, according to Fraunhofer ISE.
July 8, 2025
Bulgarian-headquartered solar engineering company Sunotec has acquired 100% of the project company, SIA DSE Lazas Solar, from Danish Sun Energy. 
July 8, 2025
Donald Trump has issued an executive order to tighten restrictions on renewable energy tax credits just days after signing his “One, Big Beautiful Bill” act into law, which significantly cut federal support for renewables.
July 8, 2025
German solar glass manufacturer Glasmanufaktur Brandenburg (GMB) has filed for insolvency after posting monthly losses of €900,000 this year.
July 8, 2025
SJVN Green Energy has commenced commercial operations of 100.02MW from its 1,000MW solar power project in Bikaner, Rajasthan.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK