Ukrainian businesses drove 850MW of new PV capacity in 2024

Facebook
Twitter
LinkedIn
Reddit
Email
The SEAU chairman said “we are seeing positive changes” in the sector. Image: Oleg Ivanov via Unsplash

Ukraine installed between 800MW and 850MW of solar PV capacity in 2024, according to estimates from the national solar energy trade association.

The Solar Energy Association of Ukraine (SEAU) said that the “vast majority” of these installations were by private businesses and households for self-consumption. Despite the attacks on the country’s energy infrastructure and the ongoing war with Russia, Vladyslav Sokolovskyi, chairman of the board of the SEAU, said the figures were “positive”.

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

“Everyone remembers the missile strikes in April of last year, which destroyed many generation facilities. But we held out, and we are moving forward,” Sokolovskyi said at a press conference last week.

The growth in self-consumption “was facilitated by the cancellation of VAT and import duties on solar panels and other equipment during the summer”, he continued. “Of course, this growth is not comparable to, for instance, 2019, when industrial solar power plants were actively constructed. Nonetheless, we are seeing positive changes.

“Until 2022, distributed generation was largely overlooked, with the state paying no attention to these issues. It was only the full-scale invasion that pushed the state to start developing distributed generation processes,” Sokolovskyi said.

The SEAU said it expects to see an increase in distributed generation over the next year, in particular as businesses seek energy security through pairing solar generation with energy storage systems. It singled out Ukraine’s agricultural sector (the backbone of its economy which saw the country dubbed the “breadbasket of Europe”) as a key adopter of distributed renewable energy.

“Primarily, solar installations are needed by agricultural companies located far from power substations or requiring new power transmission lines. Economic feasibility will drive the agrivoltaic issue, whose global growth we are observing. Agricultural companies should seriously consider this opportunity. This year, we will certainly see the first results,” Sokolovskyi said.

A report from the International Energy Agency (IEA) in October said that security hazards, conflicts and geopolitical tensions, like the war in Ukraine, pose a “major risk” to the global energy system in the coming years.

Outside of Ukraine, in the rest of Europe, the boom in distributed generation and self-consumption which followed the outbreak of war has largely subsided.

As well as reliance on businesses seeking energy security, the SEAU called for the Ukrainian government to maintain favourable conditions for private investors in the renewable energy sector.

Sokolovskyi was insistent on the importance of private-sector investment in Ukraine’s renewable energy sector: “The state must think of its main ally—private investors. If the state begins implementing non-market regulatory mechanisms in the energy market, including in the renewable energy sector, in my view, the system will collapse.”

17 June 2025
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 17-18 June 2025, will be our fourth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2026 and beyond.
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

April 29, 2025
Chinese solar manufacturing giant JinkoSolar posted net losses of US$181.7 million in the first quarter of 2025 amid low product prices and “changes in international trade policies.”
April 29, 2025
Solar cannot be regarded as a 'set and forget' technology and must be fully maintained to prevent systemic underperformance.
April 29, 2025
Spanish inverter manufacturer Ingeteam has secured a contract from Danish developer European Energy to supply its technology to two solar PV power plants in Australia, totalling an installed generation capacity of 137MW.
April 28, 2025
Fraunhofer ISE has developed a solar cell which uses “one-tenth” of the amount of silver as a standard cell.
April 28, 2025
Beleaguered Norwegian silicon producer REC Silicon has received a buyout offer from its largest shareholder, Hanwha Corporation.
April 28, 2025
Acciona Energía has completed the construction of a 308MW solar PV power plant near the coastal city of Gladstone in Queensland, Australia.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
May 7, 2025
Munich, Germany
Solar Media Events
May 21, 2025
London, UK
Solar Media Events
June 17, 2025
Napa, USA
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK