Solar projects under net metering keep growing in Ukraine

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The State Agency on Energy Efficiency and Energy Saving of Ukraine (SAEE) has revealed that total installed capacity under the country’s net metering scheme topped 90 MW at the end of June 2018.

At the end of March, cumulative capacity under the mechanism stood at around 63 MW, which means that another 27 MW of residential and commercial PV systems were deployed in the second quarter alone.

Overall, 4,660 rooftop PV arrays were installed under the scheme at the end of the latest quarter, in which new additions totaled 543. This compares to 3,553 projects at the end of March and around just 200 new projects in the first quarter of 2017.

Total investments in this market segment, said SAEE, have reached a total of €88 million. “This activity is pleasantly impressive and proves that in June 2015 we introduced an effective stimulus – a green tariff for private solar energy power generators with a capacity of up to 30 kW,” said Sergey Savchuk, head of SAEE.

Ukraine’s net metering mechanism, which is open to PV installations with a capacity of up to 30 kW, was introduced under the law №514-VIII, which came into effect in April 2015.

Ukraine’s total operational PV capacity reached around 841 MW as of the end of 2017, according to new provisional numbers released by the Ukrainian government.