Acciona Invests In 57 MW Ukrainian PV Portfolio

Spain’s Acciona Energia Forays Into Ukrainian Solar PV Market Investing €55 Million In Three PV Plants With 57.2 MW Combined Capacity
01:31 PM (Beijing Time) - 17. September 2018
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For its Dymerka PV complex in Ukraine, Acciona will use 174,552 polycrystalline silicon modules mounted on fixed structures - that's the same structures as in its El Romero PV plant in Chile (in the picture). (Photo Credit: Acciona Energia)

Key Takeaways

  • Spain’s Acciona Energia breaks ground on a solar PV complex with 57.2 MW cumulative capacity in Ukraine
  • The complex comprises three PV projects, Dymerka 2,3 & 4, adjacently located to each other; first stage of Dymerka with 6 MW capacity was commissioned by local developer UDP Renewables in Q3/2017
  • Acciona is investing €55 million ($64 million) to build the capacity in the complex, which on completion will entirely be owned by the Spanish company
  • The complex is scheduled to enter commercial operations in 2019 when it is expected to generate 63 GWh of clean energy annually

Acciona Energia of Spain is investing €55 million ($64 million) on constructing a 57.2 MW solar PV complex in Dymerka, northern Ukraine. It broke ground on the complex that comprises three PV projects, Dymerka 2,3 and 4, announcing its entry into the PV market of the Eastern European country.

Acciona plans to use 174,552 polycrystalline silicon modules mounted on fixed structures for this project. Scheduled for completion in 2019, the complex will be completely owned by the company, and will generate 63 GWh of clean energy annually. It will enter into a power purchase agreement with the public utility company of Ukraine, Energorynok State Enterprise with validity till December 31, 2029.

Local Ukrainian developer UDP Renewables commissioned the first stage of the Dymerka photovoltaic power station (PVPP) in Kyiv region with 6 MW capacity in Q3/2017, located close to the three projects Acciona is developing.

In June 2018, the two companies announced ‘large scale cooperation’ that will extend to more PV and wind power projects in Ukraine. Back then, Acciona CEO Energia Rafael Mateo said, “We are very pleased to start our activity in renewables in Ukraine cooperating with UDP Renewables and with the support of the European Bank for Reconstruction and Development (EBRD). We are confident that it will contribute to sustainable economic growth and job creation in the country.”

At the end of June 2018, Ukraine had an installed solar PV capacity of 948 MW, according to the State Agency for Energy Efficiency and Energy Conservation of Ukraine (see 206 MW PV Added In H1/2018 In Ukraine).

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani