Norwegian companies are moving toward investing nearly half a billion dollars in solar and hydro projects in Ukraine,

Norwegian companies are moving toward investing nearly half a billion dollars in solar and hydro projects in Ukraine, Foreign Minister Pavlo Klimkin said Tuesday at a joint press conference with visiting Norwegian Foreign Minister Ine Marie Eriksen Søreide. Neither foreign minister gave details. Separately, Norway’s NBT announced plans last month to build in southern Kherson a wind farm with a capacity of 250-330 MW. The EBRD is considering funding 20% of this $428 million project. In coming days, Norway’s Minister of Trade and Industry Torbjørn Røe Isaksen is to visit Kyiv.