Chinese module maker Trina Solar has secured a supply agreement to provide 123 MW of its solar modules for a 246 MW (DC) PV plant under development in Ukraine.
The plant, being constructed by China Machinery Engineering Company (CMEC) – a unit of China’s state-owned Sinomach industrial conglomerate – will be completed by the end of next year, with grid-connection planned for March, Trina said in a statement.
The financial details of the supply contract were not disclosed.
The project is being developed by Ukraine’s largest private, vertically integrated energy holding, DTEK – the energy arm of Ukrainian financial and industrial group System Capital Management SCM – in Nikopol, in Ukraine’s southeastern Dnipropetrovsk region.
The solar facility will be granted a tariff of €0.1502 ($0.1863)/kWh, the payment granted every project developed under the Ukrainian FIT scheme between 2017 and 2019.
“The construction of the Nikopol SES is one of the largest transactions to attract financing to the renewable energy of Ukraine. I am sure that for other investors this will be a positive signal that it is possible and necessary to invest in the Ukrainian ‘green' generation,” said DTEK Chief Executive Maxim Timchenko in April.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: firstname.lastname@example.org.
I have a question regarding to the Net accounting? Is there any law in Ukraine or how does it work over there
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.