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Ukrainian Association of Renewable Energy

Ukraine retroactive FIT cuts far from universally accepted

They are words to chill the soul of solar project owners when uttered in relation to feed-in tariffs: retroactive FIT cuts. A Ukrainian government smarting at the cost of funding an overly successful solar incentive program appears bent on emulating the approach of governments in Spain, Italy and Czechia by reopening signed payment contracts to reset the monies paid for clean power, despite the costly lawsuits that have greeted such moves in the past.

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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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