Ukraine’s PV market grew by 132 MW in first half of 2017

A total of 132 MW of new solar power systems were connected to the grid in Ukraine, according to a report released by local company IB Centre, which organizes the the 9th International Forum and Exhibition of the New Energy of Eastern Europe, a conference that will take place in Kiev in October.

Solar represented the majority of renewable energy power projects completed during the first six months of this year, reaching a capacity of 182.7 MW. Total cumulative installed PV power, according to the report, reached 705 MW at the end of June, while renewables combined totaled 1.46 GW.

According to IB Centre, 57 new large and medium-sized PV plants, as well as several hundred small roof solar power stations with a total capacity of around 360 MW will be built in Ukraine in the second half of this year. If this performance is confirmed, Ukraine will have surpassed the 1 GW treshold by the end of this year.

“Tokmak Solar,” the company said in its statement, “intends to implement eight projects with a capacity of more than 60 MW. US Solar plans to implement six projects with a capacity of 30 MW. Also, Rentechno is going to have more than 30 MW of installed capacity, and Helios Strategia will finish construction of 40 MW. Another significant market player, Atmosfera, plans to build over 24 MW, of which 15 MW are rooftop solar power stations. Other companies are planning to build more than 20 new PV plants with a total capacity of 16 MW. By the end of 2017, 800-1,000 private roof solar power plants of low capacity (10-30 kW) are expected to be installed.”

The FIT for large-scale PV projects connected between 2017 and 2019 is €0.1502 ($0.1621)/kWh. In order to receive a higher compensation, many solar developers are aiming to complete ongoing projects by the end of this year.

Ukraine is also supporting rootop solar projects up to 30 kW through net metering. The tariff at which homeowners and small business can sell surplus power grid set for 2017 is €0.18 per kWh.