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

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

“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.”

Read Next

October 15, 2026
Anza Power has signed a second long-term PPA with Fonterra for its 110MWac Karioi solar PV power plant in New Zealand.
October 15, 2026
The Australian Renewable Energy Agency (ARENA) has launched a third round of its Solar Sunshot programme, offering up to AU$250 million (US$175 million) to companies that manufacture or demonstrate equipment for building large-scale solar PV power plants in Australia.
Premium
October 14, 2026
Australia ranks second to the US for data centre investment, driving demand for solar power and battery storage.
October 14, 2026
Arevon Energy signed three 20-year Indexed REC contracts with Illinois utilities for its 200MWac/275MWdc Panther Energy solar project.
October 14, 2026
India’s solar generation rose 39% year-on-year to a record 705MU on 30 September, CREA’s latest snapshot reported.
October 13, 2026
US renewables developer energyRe has secured US$815 million to finance five South Carolina solar projects totalling 360MW.

Upcoming Events

Solar Media Events, Upcoming Webinars
October 21, 2026
2pm AEDT
Solar Media Events
November 3, 2026
Málaga, Spain
Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
February 2, 2027
London, UK
Solar Media Events
April 20, 2027
Istanbul, Türkiye