Featured in Corona Chaos – 03-2020

Bust looms over Ukraine

Ukraine’s solar market catapulted itself into the gigawatt club in 2019. But a familiar tale of boom and bust is hanging over Kyiv. The story is complicated by the country’s political and energy market reforms, as well as geopolitics and a new orientation toward the West in the wake of the country’s 2013-14 revolution.

By

Marian Willuhn

09 Mar 2020

The session hall in the Verkhovna Rada, Ukraine’s Parliament building. | Image: Vadim Chuprina/Wikimedia

It’s a surprising message, but the voice on the phone is clear. “I think we really have to revise our prediction downward again,” Pietro Radoia, a senior analyst for BloombergNEF, tells pv magazine. Radoia expects annual PV installations in Ukraine to contract to 750 MW in 2020 – less than a third of what was …

This article is part of pv+

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