Corchia warned about “auctions with ‘liars’

Corchia warned about “auctions with ‘liars’. Saying there are rarely big penalties against auction winners who do not build, he said some companies bid low, intending to resell. Michael Yurkovich, CEO of TIU Canada and sponsor of the panel, noted that his company is building a second solar plant in southern Ukraine, this one for 13.5 mw in Mikolayiv. He said: “My market call is that after the election, after the change in the regulation from green tariffs to auctions, you will see a country that will be one of the greatest investment stories around.”