Norway’s Scatec Solar ASA plans to start building later this year two solar projects totaling 83 MW and costing EUR 85 million in Cherkasy region

Tuesday, June 12, 2018
Norway’s Scatec Solar ASA plans to start building later this year two solar projects totaling 83 MW and costing EUR 85 million in Cherkasy region

Norway’s Scatec Solar ASA plans to start building later this year two solar projects totaling 83 MW and costing EUR 85 million in Cherkasy region, about 200 km south of Kyiv. The EBRD is providing initial finance and Oslo-based Scatec is seeking additional equity investors. “We are very enthusiastic about securing our first two projects in Ukraine,” CEO Raymond Carlsen says in a press release. Looking to commissioning the two projects next year, he adds: “We see it as a first step to develop a larger portfolio of solar power plants in the country.”

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