Cutting solar energy tariffs by 25% on Jan.1 will render many new solar projects “financially unviable,”
Wednesday, July 10, 2019


Cutting solar energy tariffs by 25% on Jan.1 will render many new solar projects “financially unviable,” Magnus Johansen, Ukraine business development manager for Scatec Ukraine, warns in an interview with Interfax-Ukraine. In Ukraine, solar developers often have to pay to build connections with the national grid. He tells the UBN that in southern Ukraine, where solar irradiation is the highest, the grid is increasingly saturated, forcing developers to migrate north to sites in central Ukraine. He predicts: “With the implementation of the proposed auction scheme (with the mentioned tariff differences), you will likely see a larger shift of international investors into wind (vs solar) projects.”