- Scatec has grown its operational solar power capacity in Ukraine to a total of 336 MW
- It includes 148 MW Progressovka and 55 MW Chigrin solar projects, connected to the grid within days of each other
- Scatec currently has another 65 MW Boguslav Solar Project in the baklog in Ukraine which it believes is a good fit to enter the country’s renewable energy auctions
Norwegian renewable energy company Scatec has grown its cumulative operational solar power portfolio in Ukraine to 336 MW, with a capacity to annually generate more than 400 GWh, thanks to 2 projects with 203 MW commissioned within a few days of each other.
On July 1, 2021, Scatec said it had commissioned its 4th solar project in Ukraine with 148 MW capacity that’s expected to generate close to 184 GWh annually. Realized undet the country’s feed-in-tariff (FIT) scheme, the 148 MW Progressovka Project is located in Mykolayiv region and is the company’s largest grid connected solar power plant in Ukraine to date. It had been under construction since June 2019 with PowerChina Guizhou Engineering provides EPC and construction financing services (see Scatec Solar Breaks Ground On 148 MW PV Project).
Scatec followed up the 148 MW project commissioning with its 5th solar project in the country. The Chigrin Solar Power Project with 55 MW capacity, also eligible for the FIT scheme, was grid connected by the company in Cherkasy region. It is designed to generate close to 64 GWh annually over its operational life of 30 years. Dutch development bank FMO is a 40% stakeholder in this project (see FMO Equity Investor For Scatec Solar’s Ukraine Project).
The other projects that contribute to Scatec’s 336 MW operational solar project portfolio in Ukraine include 47 MW Rengy Solar Project, 54 MW Boguslav Solar Project, and 32 MW Kamianka Solar Project. According to the company’s website, it has one more 65 MW Kherson Solar Project on which it has completed development work. Management said it is awaiting Ukraine to transition to a tender scheme for renewable energy as it evaluates the FIT scheme, and that its 65 MW solar project is ‘well positioned’ to participate in upcoming tenders.
Back in June 2020, there were reports of Ukraine launching renewable energy auctions before 2020-end, after the government got the local renewable energy industry representative sign a memorandum of understanding (MoU) to agree to bringing down FIT rates for installations in the country (see Ukraine Agreement On Retroactive FIT Cuts).
Ukraine aims to achieve climate neutrality by 2060 as stated under its National Economic Strategy until 2030, and is currently seeking stakeholder comment on framework bill on the strategy of low carbon development to Ukraine until 2050 to outline ways to decarbonize the economy. Proposals will be accepted by the Ministry of Environment till July 15, 2021.