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Ukraine unveils plan for retroactive FIT cuts

The government has suggested PV plant operators accept a ‘voluntary’ 12.5% reduction in feed-in tariffs. If developers refuse, policymakers could impose 15-25% cuts, albeit with payment contracts extended five years. The drastic measures are being considered to reduce the cost of the state-owned Guaranteed Buyer body, which purchases all electricity generated in Ukraine from renewable energy facilities.

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Ukraine to hold first auctions for wind and solar next year

According to provisions approved in their first reading by the Ukrainian parliament, solar projects selected in future auctions will be awarded 20-year PPAs to encourage investors to steadily abandon the FIT scheme until it expires in 2030.

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