Ukraine’s National Commission for Energy, Housing and Utilities Services Regulation has granted a provisional FIT license to a 246.1 MW solar project under development by Ukraine’s largest private energy company, DTEK – the energy arm of financial and industrial group System Capital Management SCM.
The Solar-Farm 1 project, Ukraine’s largest solar scheme and among the top three in Europe, will be located in the Dnipropetrovsk region, in the southeast of the country.
The solar plant will be deployed on the territory of a spent quarry near Nikopol. If the provisional license is confirmed, the project will be entitled to a FIT of €0.1502/kWh as it was developed under the Ukrainian FIT scheme between 2017 and this year.
The facility will be built with China Machinery Engineering Company, a unit of China’s state-owned industrial conglomerate, Sinomach. The project cost is estimated at approximately €230 million.
DTEK connected its first, 10 MW PV power plant to the grid in Kherson, Ukraine’s southernmost region, in August 2017.
Ukraine is also developing a 150 MW solar plant in the northern part of its Luhansk region. If built, that and Solar-Farm 1 would give a big boost to the country’s solar landscape, which is now approaching 1 GW of installed solar capacity. The projects would probably also be the last large ones to benefit from a generous FIT, as the Ukrainian government is planning to switch to auctions to procure large-scale solar plants, with the first of the new renewables tenders planned next year.