Solar power continues to occupy a leading position in terms of installed capacity among all renewable energy sources globally and in Ukraine in particular. From 2019 to 2024, renewable energy is projected to increase globally by 50% thanks to solar power, as the PV segment alone accounts for nearly 60% of the expected growth. In Ukraine, solar power capacity has increased more than 7 times in the past 3 years. Thus, as of December 1, 2019, the total capacity of all Ukrainian solar power facilities exceeded 3.8 GW.
Globally, the average cost of electricity generated by solar power plants has decreased by 73%. Investors don’t consider solar power to be аn expensive industry anymore. This allows renewable energy to compete with traditional energy sources without additional subsidizing in the world’s leading markets. Depending on the legislative initiatives, for Ukraine, the year 2020 may result in the installation of 2 to 5.5 GW of solar power capacity and in bringing the country closer to reaching its Energy Strategy’s goals – increasing renewable energy to 25% of its total energy balance by 2035. Having reached 5 GW of solar power capacity, Ukraine can enter the TOP15 of the world’s most developed solar energy markets. Nevertheless, on the way to its new achievements, Ukraine needs to create clear rules of the game and transparent tariff policy for investors: in particular, to implement an effective auction system for renewable energy facilities and to go back from retrospectively reducing the “green” tariffs for installed solar power plants.
The issues of new regulatory conditions for the industry and potential risks will be the focus of the main Solar Energy Conference CISOLAR 2020 that will be held on the 7th of April at the Fairmont Hotel (1 Naberezhno-Khreshchatytska Street, Kyiv). This year, the event will bring together more than 500 delegates and outstanding speakers from 40+ countries.
In addition, distributed generation and energy storage technologies, presenting the latest global trends and successful solar energy business models as well as innovative technological solutions and services will also be on the spot.
The best solar industry’s projects will be traditionally announced at the 4th CISOLAR AWARDS ceremony. The companies will compete in the following 5 nominations: Best PV installation for households, Best medium-scale PV installation, Best large-scale PV installation, Best solar energy product, and an outstanding personality in the field of solar energy.
CISOLAR 2020, the 2-day Trade Show of latest solar energy technologies, which will be held at the M82 exhibition center (82, Mezhyhirska Street, Kyiv) on April 8-9, 2020, will bring together more than 120 major companies from 30+ countries. The exhibitors – EPC companies, manufacturers of advanced modules and inverters, PV distributors, suppliers of materials and accessories, manufacturers of equipment and steelworks, software, etc. – will present their best solutions. The companies will showcase their latest developments and innovative technologies, modern equipment, the best service and technological solutions for businesses and the private sector. The expected number of trade show’s visitors is 5,000+.
According to the estimates of IB Centre, distributed rooftop solar PV systems in residential, commercial and industrial sectors will grow; and this trend will lead to changes in the grid system. The rapidly increasing ability of consumers to generate their own electricity offers new opportunities to electricity suppliers. By 2025, distributed solar power generation is expected to increase by 320 GW worldwide, which will make up almost half of the total PV facilities’ growth over the next 5 years.
In Ukraine, the sector of household solar power stations continues to grow rapidly. As of October 1, 2019, there were more than 15,000 households in Ukraine with a total installed capacity exceeding 350 MW.
In the context of CISOLAR 2020 Trade Show devoted to innovative energy technologies, a series of workshops will be held by the Solar Academy for small solar power stations’ installers. The training sessions will take place in a conference hall of the M82 exhibition center (82, Mezhyhirska Street, Kyiv). These business events will help their participants to expand their theoretical knowledge and practical skills on operating a solar power station, uncover the hidden potential in a solar station, the installers will get step-by-step guidelines on how to increase solar power generation and profit of a plant, and recent changes in Ukrainian legislation and current legal issues in the industry will be discussed. Among the event’s speakers are owners and directors of major Ukrainian companies, government officials, engineers and heads of design and engineering as well as investors and lawyers working in the field of energy, construction, and investment.
The series of powerful business events will be complemented by B2B and B2C meetings, during which negotiations are carried out, contracts are concluded and agreements are signed.
CISOLAR is organized by the Innovative Business Centre (IB Centre), an international company that implements projects in the sector of energy innovations and a leading producer of the largest conferences and trade shows devoted to new energy technologies. CISOLAR (solar energy conference and trade show), SEF KYIV (sustainable energy forum and trade show), Solar Academy (training sessions and workshops for solar energy installers and investors) are among the Company’s projects.
Join the community of solar energy market drivers, experts, and leaders to make it Bigger. Stronger. Brighter. with CISOLAR!